[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dciocb65e862":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"useContentVideo":5,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dciocb65e862","大摩点评Coherent(COHR)Q1业绩：不完美但“够用”，200亿美元长协才是真看点","\u002Fdoc\u002Fdciocb65e862","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\n\u003C\u002Fp>\u003Cp>\u003Cspan>美股投资网获悉，11月5日，摩根士丹利发布对光器件厂商Coherent(COHR)2027财年一季报的点评，维持\"与大市同步\"评级及325美元目标价。研报指出，单季营收、盈利均超预期，且首次明确自2028年起、五年潜在规模200亿美元的NPO(近封装光学)长期协议;但毛利率爬坡持续慢于同行，真正的利润率弹性要到2028年。大摩同时大幅上调了FY2027至FY2029盈利预测。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>业绩本身\"不是满分，但足够让评委惊艳\"\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>CoherentFQ1营收23.70亿美元，高于预期的23.02亿美元;non-GAAP毛利率40.6%、每股收益2.09美元，均好于预期。AI仍是主引擎数据中心与通信板块收入同比增79%、占总收入82%，数据中心互联(DCI)收入单季突破2亿美元。管理层预计FY2027收入增速超60%，FY2028迈上单季40亿美元台阶。由于股价过去一周已大幅回调、年内涨幅基本归零，大摩认为利空提前释放，预计财报后股价反应平淡。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>最大的增量信息一份潜在200亿美元的长期协议\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp>\u003Cspan>研报真正的重头戏在2028年及以后的订单能见度此前提及的新NPO长期协议(LTA)本次得到量化——自2028公历年启动、为期五年，潜在规模达200亿美元。公司目前手握超10个CPO(共封装光学)项目、超10个NPO项目及5个以上芯片间互连项目;scale-out 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 \u003Ca href=\"https:\u002F\u002Fstockwe.com\" rel=\"noopener\">StockWe.com\u003C\u002Fa> 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理海量股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，美股买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"courseContent":87,"more":88,"buyNow":89,"subscribeNow":90,"encoding":91,"paidContent":92},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]