--- title: "《大行》摩通：蔚來次季業績遜預期 維持「增持」評級" description: "摩根大通發佈報告稱，蔚來第二季業績略低於預期，受產品升級影響。管理層透露 2026 財年新車型計劃及成本控制措施，目標在第四季實現銷量 15 萬輛及經營收支平衡。摩通維持對蔚來的正面看法，認為通過成本控制和新車型推出，蔚來競爭力將提升，財務表現改善，維持「增持」評級，目標價為 8 美元。" type: "news" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/255713302.md" published_at: "2025-09-03T04:06:45.000Z" --- # 《大行》摩通：蔚來次季業績遜預期 維持「增持」評級 > 摩根大通發佈報告稱，蔚來第二季業績略低於預期，受產品升級影響。管理層透露 2026 財年新車型計劃及成本控制措施，目標在第四季實現銷量 15 萬輛及經營收支平衡。摩通維持對蔚來的正面看法，認為通過成本控制和新車型推出，蔚來競爭力將提升，財務表現改善，維持「增持」評級，目標價為 8 美元。 摩根大通發表研究報告指，蔚來 (09866.HK)(NIO US) 第二季業績稍遜該行預期，主要受到 5 月中下旬產品升級的影響，管理層透露 2026 財年新車型推出計劃及成本控制措施，重申目標在第四季實現季度銷量 15 萬輛及非通用會計準則經營收支平衡。 摩通對蔚來維持正面看法，相信通過控制成本及推出新車型等一系列舉措，蔚來競爭力將得以提升，財務表現將改善，預期市場將上調盈利預測，維持「增持」評級，美股目標價為 8 美元。 ### Related Stocks - [NIO.SG - 蔚來汽車](https://longbridge.com/zh-HK/quote/NIO.SG.md) - [NIO.US - 蔚來汽車](https://longbridge.com/zh-HK/quote/NIO.US.md) - [09866.HK - 蔚來-SW](https://longbridge.com/zh-HK/quote/09866.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | CICC Reaffirms Their Buy Rating on NIO Inc. Class A (9866) | CICC analyst maintained a Buy rating on NIO Inc. Class A yesterday and set a price target of HK$50.00.Valentine's Day Sa | [Link](https://longbridge.com/zh-HK/news/275967598.md) | | Anthropic: Investors in round include Insight Partners, Jane Street, JPMorganChase through Security & Resiliency Initiative & Growth Equity Partners | Anthropic: Investors in round include Insight Partners, Jane Street, JPMorganChase through Security & Resiliency Initiat | [Link](https://longbridge.com/zh-HK/news/275799043.md) | | Chinese EV maker Nio recalls 246,229 cars over software problem | BEIJING, Feb 9 (Reuters) - Chinese electric vehicle maker Niois recalling 246,229 vehicles due to software issues that c | [Link](https://longbridge.com/zh-HK/news/275304834.md) | | JPMorgan Wins Apple Card Role And Expands Undervalued Consumer Payments Reach | JPMorgan Chase has been appointed as the new issuer for the Apple Card, taking over from Goldman Sachs. This partnership | [Link](https://longbridge.com/zh-HK/news/275506307.md) | | J.P. Morgan Appoints Geneva-Based Banker to International Senior Role | J.P. Morgan has appointed Burkhard Koep as the new Global Head of Communications Investment Banking, based in Geneva. Ko | [Link](https://longbridge.com/zh-HK/news/275729531.md) | --- > **免責聲明**：本文內容僅供參考，不構成任何投資建議。