<h2>考慮購買開市客股票嗎？你需要知道這些</h2>
<p>正在考慮是買入、賣出還是僅僅持有開市客股票？你並不孤單。即使是經驗豐富的投資者也在重新審視這家零售巨頭，因為該股票在最近的波動中表現出色，並且長期收益令人矚目。畢竟，這是一家擁有忠實會員基礎和強大商業模式的公司，過去一年回報接近 9%，而在過去五年中價值幾乎翻了三倍。</p>
<p>但最近發生了什麼？該股票在過去一週下跌了約 1%，反映出市場對消費者支出和通貨膨脹的擔憂。然而，在過去一個月中，開市客的股價上漲了超過 2%，而截至 2024 年，目前股價上漲超過 5%，表現優於許多零售同行。關於強勁的會員續費和穩定的收入增長的最新消息，繼續突顯出投資者對開市客的認可，而偶爾的下跌似乎反映的是短期市場的緊張情緒，而非基本面的弱點。最近收盤價為$958.54，分析師仍然認為目標價遠高於當前水平，樂觀情緒依然存在。</p>
<p>那麼當前價格與開市客的真實價值相比如何？通過一些流行的估值指標來看，該公司的價值評分為 0 分（滿分 6 分），這表明根據這些傳統檢查，它似乎並不被低估。不過，別急着停止閲讀。接下來，我們將深入探討分析師用來評估開市客的不同方法，以及為什麼最佳方法可能並不是你所預期的。</p>
<p>開市客在過去一年中實現了 9.6% 的回報。看看這與消費者零售行業的其他公司相比如何。</p>
<h3>方法一：開市客的現金流</h3>
<p>折現現金流（DCF）模型是一種常見的估值工具，通過將預期的未來現金流折現回今天的美元來估算企業的價值。對於開市客，分析師使用 “二階段自由現金流到股權” 方法來預測該公司在未來十年的表現。</p>
<p>目前，開市客最近 12 個月的自由現金流（FCF）為 75 億美元。展望未來，預計這一數字將穩步攀升。到 2029 年，自由現金流預計將達到約 113 億美元，並在 2035 年前持續增長。這一穩定的增長得益於持續的收入來源和運營紀律。</p>
<p>當這些未來現金流全部加總並折現到現值時，開市客股票的內在價值估計為每股$676.35。與當前股價$958.54 相比，這一計算表明開市客的交易價格存在溢價。DCF 模型暗示該股票在當前水平上被高估了 41.7%。</p>
<p><strong>結果：被高估</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/dcf?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/dcf"/></p>
<p>截至 2025 年 8 月的 COST 折現現金流</p>
<p>我們的 DCF 分析表明開市客可能被高估了 41.7%。根據 DCF 分析尋找被低估的股票，或創建自己的篩選器以尋找更好的價值機會。</p>
<h3>方法二：開市客的價格與收益</h3>
<p>市盈率（PE）通常是評估盈利公司價值的首選指標，因為它告訴你投資者今天願意為每一美元的收益支付多少。對於像開市客這樣盈利能力強的公司尤其有用，並且可以反映市場對該股票未來潛力的看法，相對於其同行。</p>
<p>然而，什麼被認為是合理的市盈率取決於幾個重要因素。預計增長較快的公司或被視為風險較小的公司往往會以更高的市盈率交易。相比之下，增長較慢的成熟公司可能會被賦予較低的價值。在解讀這個數字時，背景非常重要。</p>
<p>開市客當前的市盈率為 54.2 倍，顯著高於消費者零售行業平均的 21.6 倍和同行平均的 22.7 倍。根據 Simply Wall St 的專有公平比率，考慮到增長、穩定性、利潤和其他風險指標，開市客的公平市盈率為 39.2 倍。雖然這表明該公司應當獲得溢價，但當前的倍數仍遠高於其基本面所認為的合理水平。</p>
<p>將實際市盈率與公平比率進行比較表明，開市客的股票在這種方法下被高估。</p>
<p><strong>結果：被高估</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/pe-multiple-vs-industry?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/pe-multiple-vs-industry"/></p>
<p>截至 2025 年 8 月的 NasdaqGS:COST 市盈率</p>
<p>市盈率講述了一個故事，但如果真正的機會在其他地方呢？發現內部人士正在大舉押注於爆炸性增長的公司。</p>
<h3>提升你的決策能力：選擇你的開市客敍述</h3>
<p>敍述提供了一種更智能、更個性化的投資決策方式，通過將你對公司的故事（如預期增長、利潤率和風險）與真實的前瞻性財務預測相結合，以得出合理的價值。敍述不僅依賴於標準比率，而是讓你設定假設，並説明這些信念如何轉化為股票的價值，使你的推理對自己和其他投資者都清晰可見。在 Simply Wall St 平台上，數百萬人使用敍述快速測試他們的觀點，隨着新消息或收益的到來更新他們的展望，並實時查看他們的合理價值與當前股價的比較，以便及時做出投資決策。</p>
<p>例如，一些投資者使用樂觀的增長和利潤假設，估計好市多的公允價值為每股 1,225 美元，而其他對未來前景持更謹慎態度的投資者則得出僅為 489 美元的公允價值。通過選擇或構建最符合自己觀點的敍述，您可以根據自己所知和所信進行投資，同時保持分析的最新性，並與市場發展的新信息保持一致。</p>
<p>對於好市多，我們將為您提供兩個主要的好市多敍述的預覽：<strong>🐂 好市多看漲案例</strong></p>
<ul>
<li>公允價值：1,072.67 美元</li>
<li>當前交易價格低於該敍述公允價值 10.6%</li>
<li>預測收入增長：7.1%</li>
</ul>
<ul>
<li>強調倉庫擴張、加長加油站營業時間和持續的國際增長是收入和會員增加的關鍵驅動因素。</li>
<li>表示對電子商務的投資和提高員工工資預計將支持更高的利潤率並增強長期收益。</li>
<li>指出分析師共識價格目標表明好市多的定價合理；預期的未來增長可能證明當前水平是合理的。</li>
</ul>
<p><strong>🐻 好市多看跌案例</strong></p>
<ul>
<li>公允價值：489.26 美元</li>
<li>當前交易價格高於該敍述公允價值 96%</li>
<li>預測收入增長：4.2%</li>
</ul>
<ul>
<li>提醒當前估值較高，除非好市多加快電子商務發展、在新興市場擴張並提高會員費。</li>
<li>認為自有品牌 Kirkland 和特別股息支持盈利能力，但對新倉庫開業的持續回報提出質疑。</li>
<li>建議如果市場調整至較慢的增長，市盈率可能會下降，這可能使股票相對於基本面顯得被高估。</li>
</ul>
<p>您認為好市多的故事還有更多內容嗎？創建您自己的敍述，讓社區知道！</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/community-fair-value?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/community-fair-value"/></p>
<p>納斯達克：COST 社區公允價值截至 2025 年 8 月</p>
<p><em>本文由 Simply Wall St 撰寫，內容具有一般性。<strong>我們提供基於歷史數據和分析師預測的評論，僅使用無偏見的方法，我們的文章並不構成財務建議。</strong> 它不構成購買或出售任何股票的推薦，也未考慮您的目標或財務狀況。我們旨在為您提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>

開市客

<p>開市客的股票正受到關注，因為投資者在強勁的會員續費後權衡其價值。儘管最近下跌了 1%，但該股票在 2024 年已上漲超過 5%，表現優於同行。分析師認為開市客的估值過高，目前股價為 958.54 美元，而基於折現現金流分析的估計內在價值為 676.35 美元，顯示出 41.7% 的溢價。54.2 倍的市盈率也表明與行業平均水平相比存在高估。投資者在做出決策之前，建議考慮不同的估值方法</p>

<h2>Thinking About Costco Wholesale Stock? Here's What You Need to Know</h2>
<div class="lb-trans"><h2>考慮購買開市客股票嗎？你需要知道這些</h2>
</div><p>Trying to decide whether to buy, sell, or simply hold onto Costco Wholesale stock? You are not alone. Even seasoned investors are giving this retail giant a fresh look, given how the stock has navigated both recent choppiness and impressive long-term gains. After all, this is a company whose loyal member base and strong business model have delivered some eye-catching returns, including nearly 9% in the past year and close to tripling in value over the last five years.</p>
<div class="lb-trans"><p>正在考慮是買入、賣出還是僅僅持有開市客股票？你並不孤單。即使是經驗豐富的投資者也在重新審視這家零售巨頭，因為該股票在最近的波動中表現出色，並且長期收益令人矚目。畢竟，這是一家擁有忠實會員基礎和強大商業模式的公司，過去一年回報接近 9%，而在過去五年中價值幾乎翻了三倍。</p>
</div><p>But what’s been happening recently? The stock dipped about 1% over the last week, reflecting some of the broader market’s concerns around consumer spending and inflation. Still, over the past month, Costco shares rose more than 2%, and for 2024 so far, they are up over 5%, outperforming many retail peers. Recent news about strong membership renewals and steady revenue growth continues to highlight what investors appreciate about Costco, while occasional dips seem to reflect short-term market jitters rather than fundamental weaknesses. With its most recent close at $958.54, and analysts still seeing a price target well above current levels, optimism remains.</p>
<div class="lb-trans"><p>但最近發生了什麼？該股票在過去一週下跌了約 1%，反映出市場對消費者支出和通貨膨脹的擔憂。然而，在過去一個月中，開市客的股價上漲了超過 2%，而截至 2024 年，目前股價上漲超過 5%，表現優於許多零售同行。關於強勁的會員續費和穩定的收入增長的最新消息，繼續突顯出投資者對開市客的認可，而偶爾的下跌似乎反映的是短期市場的緊張情緒，而非基本面的弱點。最近收盤價為$958.54，分析師仍然認為目標價遠高於當前水平，樂觀情緒依然存在。</p>
</div><p>So how does the current price compare to what Costco is really worth? Running it through some popular valuation metrics, the company actually earns a value score of 0 out of 6, which suggests it does not appear undervalued by these conventional checks. Don’t stop reading just yet though. Next, we’ll dig into the different methods analysts use to value Costco and why the best approach might not be what you expect.</p>
<div class="lb-trans"><p>那麼當前價格與開市客的真實價值相比如何？通過一些流行的估值指標來看，該公司的價值評分為 0 分（滿分 6 分），這表明根據這些傳統檢查，它似乎並不被低估。不過，別急着停止閲讀。接下來，我們將深入探討分析師用來評估開市客的不同方法，以及為什麼最佳方法可能並不是你所預期的。</p>
</div><p>Costco Wholesale delivered 9.6% returns over the last year. See how this stacks up to the rest of the Consumer Retailing industry.</p>
<div class="lb-trans"><p>開市客在過去一年中實現了 9.6% 的回報。看看這與消費者零售行業的其他公司相比如何。</p>
</div><h3>Approach 1: Costco Wholesale Cash Flows</h3>
<div class="lb-trans"><h3>方法一：開市客的現金流</h3>
</div><p>The Discounted Cash Flow (DCF) model is a common valuation tool that estimates the worth of a business by taking its expected future cash flows and discounting them back to today’s dollars. For Costco Wholesale, analysts use a “2 Stage Free Cash Flow to Equity” method to forecast how the company might perform over the next decade.</p>
<div class="lb-trans"><p>折現現金流（DCF）模型是一種常見的估值工具，通過將預期的未來現金流折現回今天的美元來估算企業的價值。對於開市客，分析師使用 “二階段自由現金流到股權” 方法來預測該公司在未來十年的表現。</p>
</div><p>Right now, Costco’s latest twelve months of Free Cash Flow (FCF) came in at $7.5 billion. Looking ahead, projections see this number steadily climbing. By 2029, FCF is expected to reach about $11.3 billion, with continued growth through 2035. This steady rise is supported by consistent revenue streams and operational discipline.</p>
<div class="lb-trans"><p>目前，開市客最近 12 個月的自由現金流（FCF）為 75 億美元。展望未來，預計這一數字將穩步攀升。到 2029 年，自由現金流預計將達到約 113 億美元，並在 2035 年前持續增長。這一穩定的增長得益於持續的收入來源和運營紀律。</p>
</div><p>When these future cash flows are all added up and discounted to present value, the estimated intrinsic value of Costco’s stock comes to $676.35 per share. When compared with the current share price of $958.54, this calculation suggests that Costco is trading at a premium. The DCF model implies the stock is 41.7% overvalued at current levels.</p>
<div class="lb-trans"><p>當這些未來現金流全部加總並折現到現值時，開市客股票的內在價值估計為每股$676.35。與當前股價$958.54 相比，這一計算表明開市客的交易價格存在溢價。DCF 模型暗示該股票在當前水平上被高估了 41.7%。</p>
</div><p><strong>Result: OVERVALUED</strong></p>
<div class="lb-trans"><p><strong>結果：被高估</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/dcf" alt="" original-src="https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/dcf"/></p>
<p>COST Discounted Cash Flow as at Aug 2025</p>
<div class="lb-trans"><p>截至 2025 年 8 月的 COST 折現現金流</p>
</div><p>Our DCF analysis suggests Costco Wholesale may be overvalued by 41.7%. Find undervalued stocks based on DCF analysis or create your own screener to find better value opportunities.</p>
<div class="lb-trans"><p>我們的 DCF 分析表明開市客可能被高估了 41.7%。根據 DCF 分析尋找被低估的股票，或創建自己的篩選器以尋找更好的價值機會。</p>
</div><h3>Approach 2: Costco Wholesale Price vs Earnings</h3>
<div class="lb-trans"><h3>方法二：開市客的價格與收益</h3>
</div><p>The price-to-earnings (PE) ratio is often the go-to metric for valuing profitable companies because it tells you how much investors are willing to pay today for each dollar of earnings. It is especially useful when a company has a strong track record of profitability, like Costco, and can signal how the market views the stock’s future potential relative to its peers.</p>
<div class="lb-trans"><p>市盈率（PE）通常是評估盈利公司價值的首選指標，因為它告訴你投資者今天願意為每一美元的收益支付多少。對於像開市客這樣盈利能力強的公司尤其有用，並且可以反映市場對該股票未來潛力的看法，相對於其同行。</p>
</div><p>What is considered a fair PE ratio, however, depends on a few important factors. Companies expected to grow faster, or those seen as less risky, tend to trade at higher PE ratios. By contrast, more mature companies with slower growth might warrant lower values. Context is important when interpreting this number.</p>
<div class="lb-trans"><p>然而，什麼被認為是合理的市盈率取決於幾個重要因素。預計增長較快的公司或被視為風險較小的公司往往會以更高的市盈率交易。相比之下，增長較慢的成熟公司可能會被賦予較低的價值。在解讀這個數字時，背景非常重要。</p>
</div><p>Costco’s current PE ratio is 54.2x, significantly higher than the Consumer Retailing industry average of just 21.6x and the peer average of 22.7x. Based on Simply Wall St’s proprietary Fair Ratio, which factors in growth, stability, profits, and other risk measures, Costco scores a fair PE ratio of 39.2x. While this indicates the company deserves a premium, the current multiple is still well above what would be considered fair given its fundamentals.</p>
<div class="lb-trans"><p>開市客當前的市盈率為 54.2 倍，顯著高於消費者零售行業平均的 21.6 倍和同行平均的 22.7 倍。根據 Simply Wall St 的專有公平比率，考慮到增長、穩定性、利潤和其他風險指標，開市客的公平市盈率為 39.2 倍。雖然這表明該公司應當獲得溢價，但當前的倍數仍遠高於其基本面所認為的合理水平。</p>
</div><p>Comparing the actual PE ratio with the Fair Ratio suggests Costco shares are overvalued using this approach.</p>
<div class="lb-trans"><p>將實際市盈率與公平比率進行比較表明，開市客的股票在這種方法下被高估。</p>
</div><p><strong>Result: OVERVALUED</strong></p>
<div class="lb-trans"><p><strong>結果：被高估</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/pe-multiple-vs-industry" alt="" original-src="https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/pe-multiple-vs-industry"/></p>
<p>NasdaqGS:COST PE Ratio as at Aug 2025</p>
<div class="lb-trans"><p>截至 2025 年 8 月的 NasdaqGS:COST 市盈率</p>
</div><p>PE ratios tell one story, but what if the real opportunity lies elsewhere? Discover companies where insiders are betting big on explosive growth.</p>
<div class="lb-trans"><p>市盈率講述了一個故事，但如果真正的機會在其他地方呢？發現內部人士正在大舉押注於爆炸性增長的公司。</p>
</div><h3>Upgrade Your Decision Making: Choose your Costco Wholesale Narrative</h3>
<div class="lb-trans"><h3>提升你的決策能力：選擇你的開市客敍述</h3>
</div><p>Narratives offer a smarter, more personalized way to make investment decisions by connecting the story you believe about a company, such as expected growth, margins, and risks, with real, forward-looking financial forecasts to arrive at a fair value. Instead of relying just on standard ratios, Narratives let you set your assumptions and illustrate how those beliefs translate into a stock’s worth, making your reasoning clear both to yourself and other investors. On the Simply Wall St platform, millions use Narratives to quickly test their perspective, update their outlook as new news or earnings come in, and see in real time how their fair value compares to the current share price for timely investment decisions.</p>
<div class="lb-trans"><p>敍述提供了一種更智能、更個性化的投資決策方式，通過將你對公司的故事（如預期增長、利潤率和風險）與真實的前瞻性財務預測相結合，以得出合理的價值。敍述不僅依賴於標準比率，而是讓你設定假設，並説明這些信念如何轉化為股票的價值，使你的推理對自己和其他投資者都清晰可見。在 Simply Wall St 平台上，數百萬人使用敍述快速測試他們的觀點，隨着新消息或收益的到來更新他們的展望，並實時查看他們的合理價值與當前股價的比較，以便及時做出投資決策。</p>
</div><p>For example, some investors, using optimistic growth and margin assumptions, estimate Costco’s fair value at $1,225 per share, while others, more cautious about future prospects, arrive at a much lower fair value of just $489. By choosing or building a Narrative that best fits your own outlook, you can invest according to what you know and believe, while keeping your analysis up to date and aligned with fresh information as the market evolves.</p>
<div class="lb-trans"><p>例如，一些投資者使用樂觀的增長和利潤假設，估計好市多的公允價值為每股 1,225 美元，而其他對未來前景持更謹慎態度的投資者則得出僅為 489 美元的公允價值。通過選擇或構建最符合自己觀點的敍述，您可以根據自己所知和所信進行投資，同時保持分析的最新性，並與市場發展的新信息保持一致。</p>
</div><p>For Costco Wholesale, we'll make it really easy for you with previews of two leading Costco Wholesale Narratives: <strong>🐂 Costco Wholesale Bull Case</strong></p>
<div class="lb-trans"><p>對於好市多，我們將為您提供兩個主要的好市多敍述的預覽：<strong>🐂 好市多看漲案例</strong></p>
</div><ul>
<li>Fair value: $1,072.67</li>
<li>Currently trading 10.6% below this narrative fair value</li>
<li>Forecast revenue growth: 7.1%</li>
</ul>
<div class="lb-trans"><ul>
<li>公允價值：1,072.67 美元</li>
<li>當前交易價格低於該敍述公允價值 10.6%</li>
<li>預測收入增長：7.1%</li>
</ul>
</div><ul>
<li>Highlights warehouse expansion, longer gas station hours, and ongoing international growth as key drivers for revenue and membership increases.</li>
<li>States that investment in e-commerce and higher employee wages is expected to support higher margins and strengthen long-term earnings.</li>
<li>Notes that analyst consensus price targets indicate Costco is fairly priced; anticipated future growth could justify current levels.</li>
</ul>
<div class="lb-trans"><ul>
<li>強調倉庫擴張、加長加油站營業時間和持續的國際增長是收入和會員增加的關鍵驅動因素。</li>
<li>表示對電子商務的投資和提高員工工資預計將支持更高的利潤率並增強長期收益。</li>
<li>指出分析師共識價格目標表明好市多的定價合理；預期的未來增長可能證明當前水平是合理的。</li>
</ul>
</div><p><strong>🐻 Costco Wholesale Bear Case</strong></p>
<div class="lb-trans"><p><strong>🐻 好市多看跌案例</strong></p>
</div><ul>
<li>Fair value: $489.26</li>
<li>Currently trading 96% above this narrative fair value</li>
<li>Forecast revenue growth: 4.2%</li>
</ul>
<div class="lb-trans"><ul>
<li>公允價值：489.26 美元</li>
<li>當前交易價格高於該敍述公允價值 96%</li>
<li>預測收入增長：4.2%</li>
</ul>
</div><ul>
<li>Cautions that current valuation is high unless Costco accelerates e-commerce, expands in emerging markets, and raises membership fees.</li>
<li>Views the in-house Kirkland brand and special dividends as supporting profitability, but raises questions about the ongoing returns from new warehouse openings.</li>
<li>Suggests the price-to-earnings multiple could decrease if the market adjusts to slower growth, which may make the stock appear overvalued relative to fundamentals.</li>
</ul>
<div class="lb-trans"><ul>
<li>提醒當前估值較高，除非好市多加快電子商務發展、在新興市場擴張並提高會員費。</li>
<li>認為自有品牌 Kirkland 和特別股息支持盈利能力，但對新倉庫開業的持續回報提出質疑。</li>
<li>建議如果市場調整至較慢的增長，市盈率可能會下降，這可能使股票相對於基本面顯得被高估。</li>
</ul>
</div><p>Do you think there's more to the story for Costco Wholesale? Create your own Narrative to let the Community know!</p>
<div class="lb-trans"><p>您認為好市多的故事還有更多內容嗎？創建您自己的敍述，讓社區知道！</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/community-fair-value" alt="" original-src="https://images.simplywall.st/company/ede69fea-1fbf-45f9-a1a7-cb2a2e60f847/chart/community-fair-value"/></p>
<p>NasdaqGS:COST Community Fair Values as at Aug 2025</p>
<div class="lb-trans"><p>納斯達克：COST 社區公允價值截至 2025 年 8 月</p>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰寫，內容具有一般性。<strong>我們提供基於歷史數據和分析師預測的評論，僅使用無偏見的方法，我們的文章並不構成財務建議。</strong> 它不構成購買或出售任何股票的推薦，也未考慮您的目標或財務狀況。我們旨在為您提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>
</div>

在 2025 年會員續約強勁之後，開市客的股票是否仍然值得投資？