Core Viewpoint - The report from Credit Lyonnais indicates that Fubo Group (03738) experienced a 23% year-on-year increase in total revenue to 1.5 billion, slightly below the bank's expectations by 1.3% [1] - Operating profit rose by 51% to 174 million, exceeding the bank's expectations by 42%, primarily due to margin expansion and strict cost control [1] - The bank has raised its revenue forecasts for Fubo for the fiscal years 2026 and 2027 by 6% and 19% respectively, reflecting the potential growth from a new business model [1] - The target price has been increased from 5 HKD to 7.6 HKD, maintaining an "outperform" rating [1] Revenue and Profit Analysis - Total revenue for the first half of the year reached 1.5 billion, marking a 23% increase year-on-year [1] - Operating profit increased by 51% to 174 million, significantly higher than the bank's forecast [1] Future Growth Potential - The company is developing a new business model centered around RWA tokenization, which involves tokenizing exclusive content such as short films and movies on the blockchain [1] - This new model is expected to drive total revenue growth between 2026 and 2027 [1]
里昂：升阜博集团目标价至7.6港元 上调收入预测