伯恩斯坦_舜宇光学2025财年:利润率韧性与市场份额提升,目标价76港元
聚焦伯恩斯坦_舜宇光学2025财年:利润率韧性与市场份额提升,目标价76港元。expects 2026 revenue and OP to grow by at least 7%.Investment Implications With EPS growth (exl. one-ff) moderating from 37% last year to flat/31% in 2026/2027, we use 17x P/E (old 20x) and apply it to 2026-27 avg. EPS of RMB3.9, PT=HK$76. Outperform.