--- title: "《大行》摩通上調對阿里健康收入及經調整盈利預測 目標價上調至 6.5 元" description: "摩根大通上調阿里健康的收入及經調整盈利預測，目標價由 5 元上調至 6.5 元。該行認為，阿里健康股價在 5 月公佈 2025 財年業績後累漲約 27%，主要受益於投資者對處方藥在線零售政策更新的正面反應。預計與淘寶快電商的協同效應將推動用户及訂單量增長，維持「中性」評級。" type: "news" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/257640578.md" published_at: "2025-09-17T02:30:20.000Z" --- # 《大行》摩通上調對阿里健康收入及經調整盈利預測 目標價上調至 6.5 元 > 摩根大通上調阿里健康的收入及經調整盈利預測，目標價由 5 元上調至 6.5 元。該行認為，阿里健康股價在 5 月公佈 2025 財年業績後累漲約 27%，主要受益於投資者對處方藥在線零售政策更新的正面反應。預計與淘寶快電商的協同效應將推動用户及訂單量增長，維持「中性」評級。 摩根大通發表報告指，阿里健康 (00241.HK) 股價在 5 月公佈 2025 財年業績後累漲約 27%，超越同業 8 個百分點。該行認為主要因為投資者對最近處方藥在線零售銷售政策更新的正面反應。監於這基本上是一項指引，與現有政策沒有實質差異，認為其影響更多體現在情緒層面。該行相信與淘寶快電商的協同效應仍是 9 月底止現財年上半年重點，具體而言包括用户及訂單量增長，潛在投資規模及形式，補貼正常化後用户流失。 該行上調對阿里健康現財年及下財年收入預測各 4%，反映與淘寶快電商在用户流量及整體總交易額協同效應，並上調現財年及下財年經調整每股盈利預測分別 3% 及 4%，反映淘寶對快電商高補貼帶來的市場推廣節省，部分被業務協作造成的投資抵銷。目標價由 5 元上調至 6.5 元，相當於預測現財年市銷率 2.5 倍，維持「中性」評級。 ### Related Stocks - [00241.HK - 阿里健康](https://longbridge.com/zh-HK/quote/00241.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Alibaba founder Jack Ma says children should be taught how to use AI, not whether to use it | Jack Ma emphasized the importance of teaching children how to effectively use AI rather than debating its use. Speaking | [Link](https://longbridge.com/zh-HK/news/273939770.md) | | Alibaba Health Information Technology Ltd. held special general meeting | Alibaba Health Information Technology Ltd. held a special general meeting on December 30, 2025, where shareholders appro | [Link](https://longbridge.com/zh-HK/news/271105388.md) | | Tesla Moves Beyond Vehicles in India with AI Hiring Push | Tesla is expanding its operations in India by hiring for two key AI-focused positions: an AI Hardware Engineer and a Sit | [Link](https://longbridge.com/zh-HK/news/276517340.md) | | Upside Gold Reallocates Expanded Financing to Marketing, Exploration and U.S. Listing | Upside Gold Corp has announced an expanded financing plan following a successful $800,000 private placement, increasing | [Link](https://longbridge.com/zh-HK/news/276526729.md) | | Pezeshkian says Iran will not bow to pressure amid US nuclear talks | Feb 21 (Reuters) - Iranian President Masoud Pezeshkian said on Saturday that his country would not bow its head to press | [Link](https://longbridge.com/zh-HK/news/276515418.md) | --- > **免責聲明**：本文內容僅供參考，不構成任何投資建議。