[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"app-context":3,"blog-pfizers-eps-has-fallen-65-from-its-peak-heres-why-that-might-be-the-point-ZH":150},{"languages":4,"categories":41,"products":125,"competitors":149},[5,9,13,17,21,25,29,33,37],{"name":6,"code":7,"id":8},"English","EN","TGFuZ3VhZ2U6ZW4=",{"name":10,"code":11,"id":12},"Español","ES","TGFuZ3VhZ2U6ZXM=",{"name":14,"code":15,"id":16},"Português","PT","TGFuZ3VhZ2U6cHQ=",{"name":18,"code":19,"id":20},"日本語","JA","TGFuZ3VhZ2U6amE=",{"name":22,"code":23,"id":24},"한국어","KO","TGFuZ3VhZ2U6a28=",{"name":26,"code":27,"id":28},"Deutsch","DE","TGFuZ3VhZ2U6ZGU=",{"name":30,"code":31,"id":32},"Italiano","IT","TGFuZ3VhZ2U6aXQ=",{"name":34,"code":35,"id":36},"Français","FR","TGFuZ3VhZ2U6ZnI=",{"name":38,"code":39,"id":40},"中文 (中国)","ZH","TGFuZ3VhZ2U6emg=",[42,73,104],{"icon":43,"slug":44,"title":45,"description":46,"featuredLinks":47},"mingcute:stock-line","stock-market-basics","Stock Market Basics","\u003Cp>Beginners' guides and practical tips for understanding stock market investing.\u003C\u002Fp>\n",[48,53,58,63,68],{"url":49,"title":50,"description":51,"ogImage":52},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-makes-stocks-go-up-and-down","What Makes Stocks Go Up and Down | TIKR.com","Understanding what makes stock prices go up and down can help investors better navigate investing. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-makes-stocks-go-up-and-down-banner\u002FWhat-makes-stocks-go-up-and-down-banner.jpg?_i=AA",{"url":54,"title":55,"description":56,"ogImage":57},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fdividend-yield-meaning-formula-example","Dividend Yield: Meaning, Formula, Example | Tikr.com Blog | TIKR.com","The dividend yield is a key metric for investors looking to gauge the income potential of their investments. It measures how much a company pays out in","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FDividend-yield\u002FDividend-yield.png?_i=AA",{"url":59,"title":60,"description":61,"ogImage":62},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fmarket-capitalization-definition-formula-and-why-it-matters","Market Capitalization: Definition, Formula, and Why It Matters | TIKR.com","Long-term investors often look at various valuation metrics when deciding whether to invest in a particular company. One helpful metric to evaluate is","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters.png?_i=AA",{"url":64,"title":65,"description":66,"ogImage":67},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fearnings-per-share-definition-formula-and-why-eps-matters","Earnings Per Share: Definition, Formula, and Why EPS Matters | TIKR.com","Earnings Per Share (EPS) represents the portion of a company's net earnings allocated to each share. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEPS-Defiinition-formula-and-why-EPS-matters-1\u002FEPS-Defiinition-formula-and-why-EPS-matters-1.png?_i=AA",{"url":69,"title":70,"description":71,"ogImage":72},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-stock-price-target","What Is a Stock Price Target? | TIKR.com","A price target is a stock's estimated future price. It can help investors quickly find undervalued stocks. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-Stock-Price-Target-2\u002FWhat-is-a-Stock-Price-Target-2.png?_i=AA",{"icon":74,"slug":75,"title":76,"description":77,"featuredLinks":78},"material-symbols:analytics-outline","fundamental-analysis","Fundamental Analysis","\u003Cp>In-depth resources and financial metrics to help you evaluate companies like a pro.\u003C\u002Fp>\n",[79,84,89,94,99],{"url":80,"title":81,"description":82,"ogImage":83},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fshare-repurchase-why-do-companies-buy-back-their-stock","Share Repurchase: Why Do Companies Buy Back Their Stock? | TIKR.com","Share repurchases, or share buybacks, have gained popularity in the last two decades. According to a report from Goldman Sachs, stock buybacks initiated","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e.png?_i=AA",{"url":85,"title":86,"description":87,"ogImage":88},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-invested-capital","What Is a Good Return on Invested Capital? | TIKR.com","Learning about Return on Invested Capital (ROIC) can help investors spot highly profitable stocks that can drive long-term returns. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-Invested-capital\u002FWhat-is-a-good-return-on-Invested-capital.png?_i=AA",{"url":90,"title":91,"description":92,"ogImage":93},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-equity-ratio","What is a Good Return on Equity Ratio | Tikr.com Blog | TIKR.com","Return on Equity (ROE) is a financial ratio that reflects a company's profitability in relation to the equity invested by shareholders. It basically","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-equity-ratio-1\u002FWhat-is-a-good-return-on-equity-ratio-1.jpg?_i=AA",{"url":95,"title":96,"description":97,"ogImage":98},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-p-e-ratio","What Is a Good P\u002FE Ratio? | TIKR.com","Financial analysts and investors look at various metrics before deciding whether a stock is a buy. One of the metrics is the price-to-earnings ratio (P\u002FE","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-PE-ratio-1\u002FWhat-is-a-good-PE-ratio-1.jpg?_i=AA",{"url":100,"title":101,"description":102,"ogImage":103},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Ftop-6-metrics-for-investing-in-reits","Top 6 Metrics for Investing in REITs | TIKR.com","Real estate has been one of the greatest asset classes for wealth creation in history, and investing in Real Estate Investment Trusts (REITs) can allow","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FGroup-10\u002FGroup-10.png?_i=AA",{"icon":105,"slug":106,"title":107,"description":108,"featuredLinks":109},"hugeicons:investigation","investing-lingo","Investing Lingo","\u003Cp>A comprehensive glossary of investing terms and jargon so you can speak the language of the markets confidently.\u003C\u002Fp>\n",[110,115,120],{"url":111,"title":112,"description":113,"ogImage":114},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fenterprise-value-definition-and-calculation","Enterprise Value: Definition and Calculation | Tikr.com Blog | TIKR.com","Enterprise value (EV) is a financial metric that offers a comprehensive snapshot of a company's total value. Unlike market capitalization which solely","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEnterprise-Value-Definition-and-Calculation_37576e40\u002FEnterprise-Value-Definition-and-Calculation_37576e40.png?_i=AA",{"url":116,"title":117,"description":118,"ogImage":119},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Febitda-definition-formula-how-to-use-it","EBITDA: Definition, Formula, How to Use It | TIKR.com","EBITDA stands for earnings before interest, taxes, depreciation and amortization. It's a financial metric commonly used to evaluate a company's financial","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEBITDA-Definition-Formula-How-to-Use-It\u002FEBITDA-Definition-Formula-How-to-Use-It.png?_i=AA",{"url":121,"title":122,"description":123,"ogImage":124},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-the-free-cash-flow-formula-and-why-does-it-matter","What is the Free Cash Flow Formula and Why Does It Matter | TIKR.com","Free cash flow, or FCF, is the cash a company generates after it accounts for outflows required to maintain business operations and support capital","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-the-free-cash-flow-formula\u002FWhat-is-the-free-cash-flow-formula.png?_i=AA",[126,130,134,137,141,145],{"slug":127,"modified":128,"title":129},"valuation-model-builder","2025-07-03T00:18:53","Value Stocks Quickly and Accurately",{"slug":131,"modified":132,"title":133},"stock-portfolio-tracking","2024-12-02T22:21:28","Monitor Your Portfolio",{"slug":75,"modified":135,"title":136},"2025-01-21T22:10:52","Instantly Analyze Companies with In-Depth Metrics",{"slug":138,"modified":139,"title":140},"stock-screener","2024-12-02T22:13:31","Find the Best Stocks to Buy",{"slug":142,"modified":143,"title":144},"investor-stock-portfolio","2025-01-21T22:02:56","Follow Investment Moves of Top Investors",{"slug":146,"modified":147,"title":148},"analyze-stocks","2025-07-23T16:04:24","Analyze Stocks",[],{"post":151,"seo":187,"relatedPosts":194,"suggestedPosts":273},{"id":152,"title":153,"date":154,"modified":155,"excerpt":156,"content":157,"wordCount":158,"lang":159,"uri":160,"slug":161,"cloudinaryAssetId":162,"featuredImageOriginalUrl":163,"featuredImageMetadata":164,"author":167,"editor":173,"categories":178,"relatedPosts":184,"seo":185},117493,"辉瑞的每股收益较峰值已下跌65%，这或许正是关键所在","2026-07-16T14:29:00","2026-07-15T21:29:19","\u003Cp>辉瑞正在应对后疫情时代的盈利\"宿醉\"，问题在于其基础业务是否足够强劲，足以产生影响。\u003C\u002Fp>","\u003Ch2 id=\"h-key-stats-for-pfizer-inc\" class=\"wp-block-heading\">\u003Cstrong>辉瑞公司关键数据\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>52周价格区间：$23.11 至 $28.75\u003C\u002Fli>\n\n\n\n\u003Cli>当前价格：$24.80\u003C\u002Fli>\n\n\n\n\u003Cli>华尔街平均目标价：$28.79\u003C\u002Fli>\n\n\n\n\u003Cli>市值：约 1380 亿美元\u003C\u002Fli>\n\n\n\n\u003Cli>股息收益率：7.1%\u003C\u002Fli>\n\n\n\n\u003Cli>2026年第一季度营收：145亿美元，同比增长5%\u003C\u002Fli>\n\n\n\n\u003Cli>2026年第一季度调整后每股收益：$0.75，同比下降18%\u003C\u002Fli>\n\n\n\n\u003Cli>2026年第一季度上市及收购产品营收增长（按运营基础计算）：22%\u003C\u002Fli>\n\n\n\n\u003Cli>2026年全年营收指引：595亿美元至625亿美元\u003C\u002Fli>\n\n\n\n\u003Cli>2026年全年调整后每股收益指引：$2.80 至 $3.00\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">使用 TIKR 的指导性估值模型为您喜爱的股票（如辉瑞）估值（免费）>>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-a-slow-grind-lower-that-has-nothing-to-do-with-q1-results\" class=\"wp-block-heading\">与第一季度业绩无关的缓慢下行\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">辉瑞（\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">PFE\u003C\u002Fa>\u003C\u002Fstrong>）的2026年并不戏剧性。该股下跌40%并非因为业绩暴雷或\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fpfizers-cfo-just-left-and-a-key-drug-trial-missed-heres-what-that-means-for-pfe-stock-in-2026\">药物试验失败\u003C\u002Fa>。它只是在稳步抛售，从4月初接近52周高点$28.75的位置一路阴跌，到6月25日跌幅达17%，目前仍较该高点低约15%。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">对于一家如此规模和稳定性的公司来说，这是一个显著的下跌，而其驱动因素并非近期新闻。这是投资者预期的一次缓慢重置，他们正在重新评估，在新冠疫情带来的意外之财已成为过去之后，辉瑞的实际盈利能力究竟如何。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3024\" height=\"2016\" data-public-id=\"images\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1784150283\u002Fimages\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns.webp?_i=AA\" alt=\"\" class=\"wp-post-117493 wp-image-117496\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784150283\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784150283\u002Fimages\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns.webp?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784150283\u002Fimages\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns.webp?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1784150283\u002Fimages\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1784150283\u002Fimages\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns.webp?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1784150283\u002Fimages\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns\u002FTIKR.com_Pfizer-Inc.-PFE-Drawdowns.webp?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">辉瑞股票回撤。（\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">TIKR\u003C\u002Fa>）\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Ca href=\"https:\u002F\u002Fs206.q4cdn.com\u002F795948973\u002Ffiles\u002Fdoc_financials\u002F2026\u002Fq1\u002FQ1-2026-PFE-Earnings-Release-FINAL.pdf\">第一季度业绩本身并不是问题\u003C\u002Fa>。145亿美元的营收超出了预期，辉瑞也重申了其全年营收和调整后每股收益的指引。排除新冠疫苗Comirnaty和新冠口服药Paxlovid，营收按运营基础计算增长了7%。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">自Seagen交易以来上市和收购的产品按运营基础计算增长了22%。首席执行官Albert Bourla语气自信：“我特别受到\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fpfizer-has-fallen-57-from-its-2021-high-why-its-obesity-bet-could-reset-the-stock-by-2028\">我们在肿瘤和肥胖领域所见进展的鼓舞\u003C\u002Fa>，我相信辉瑞在这两个领域都有能力处于领先地位。”\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">公司还在以每季度25亿美元的速度投资研发，计划在2026年进行约20项关键研究。这些都不是一家陷入困境的企业的特征。市场纠结的问题更简单：对于一家盈利峰值几乎肯定已成为过去的制药公司，你应该支付多少估值？\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">查看分析师对PFE的增长预测和价格目标（免费）>>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fstrong>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-the-eps-chart-shows-the-whole-story-in-one-picture\" class=\"wp-block-heading\">每股收益图表一目了然地讲述了整个故事\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">很少有图表能像辉瑞的标准化每股收益历史那样清晰地讲述一个投资故事。下面的柱状图显示，该公司在2021年每股收益为$4.42，然后在2022年随着Comirnaty和Paxlovid收入的涌入达到$6.58，随后在2023年因新冠需求几乎一夜之间蒸发而暴跌至$1.84。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">2025年部分恢复至约$3.22，反映了收购资产的早期贡献和成本削减。而随后的远期预测则显示了下一篇章：逐步下降至2026年的大约$2.94，并在2029年和2030年稳定在$2.30至$2.40左右。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3024\" height=\"2016\" data-public-id=\"images\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1784150300\u002Fimages\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized.webp?_i=AA\" alt=\"\" class=\"wp-post-117493 wp-image-117497\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784150300\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784150300\u002Fimages\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized.webp?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784150300\u002Fimages\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized.webp?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1784150300\u002Fimages\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1784150300\u002Fimages\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized.webp?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1784150300\u002Fimages\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized\u002FTIKR.com_PFE-Pfizer-Inc.-EPS-Normalized.webp?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">辉瑞标准化每股收益。（\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">TIKR\u003C\u002Fa>）\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">这张图表的形态是关于PFE股票核心争论的焦点。空头将其解读为一家处于结构性衰退的公司，\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fpfizer-stocks-dividend-yield-sits-at-7-heading-into-the-back-half-of-2026\">其股息\u003C\u002Fa>目前的维持成本超过了公司按报告基准计算的盈利，派息率超过130%，并且没有明确的催化剂能使每股收益恢复到新冠疫情前的水平。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">多头则有不同的解读：完全剔除新冠疫情带来的意外之财年份，辉瑞$2.30至$3.00的潜在盈利能力实际上接近2020年和2021年的水平，这意味着业务基本面并未恶化。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">肿瘤产品线，包括第一季度增长39%的Padcev、增长32%的Lorbrena和增长34%的Elrexfio，再加上一个新兴的肥胖症平台，提供了一组可信的增长驱动力，而市场共识可能对此重视不足。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">关键问题在于时机。辉瑞在收购Seagen后拥有超过510亿美元的净债务，这限制了财务灵活性，并在盈利恢复之前持续对股息覆盖率构成压力。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Frtxs-free-cash-flow-jumped-to-7-9-billion-in-2025-the-stock-is-still-catching-up\">\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">即时估算公司的公允价值（使用TIKR免费）>>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-what-the-valuation-model-says-about-a-stock-at-a-7-yield\" class=\"wp-block-heading\">估值模型对一只收益率为7%的股票有何看法\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">TIKR估值模型给出的PFE中期目标价约为$28，这意味着从现在起大约4.5年内，从当前价格出发的总回报率约为15%，即年化回报率约3%。悲观情景下的内部收益率约为2%，而乐观情景下则接近6%。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"4970\" height=\"4079\" data-public-id=\"images\u002FPFE_valuation_model-1_11749897ccc\u002FPFE_valuation_model-1_11749897ccc.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_4970,h_4079,c_scale\u002Ff_webp,q_auto\u002Fv1784150298\u002Fimages\u002FPFE_valuation_model-1_11749897ccc\u002FPFE_valuation_model-1_11749897ccc.webp?_i=AA\" alt=\"\" class=\"wp-post-117493 wp-image-117498\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784150298\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784150298\u002Fimages\u002FPFE_valuation_model-1_11749897ccc\u002FPFE_valuation_model-1_11749897ccc.webp?_i=AA 4970w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_985,c_scale\u002Ff_webp,q_auto\u002Fv1784150298\u002Fimages\u002FPFE_valuation_model-1_11749897ccc\u002FPFE_valuation_model-1_11749897ccc.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_1149,c_scale\u002Ff_webp,q_auto\u002Fv1784150298\u002Fimages\u002FPFE_valuation_model-1_11749897ccc\u002FPFE_valuation_model-1_11749897ccc.webp?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_246,c_scale\u002Ff_webp,q_auto\u002Fv1784150298\u002Fimages\u002FPFE_valuation_model-1_11749897ccc\u002FPFE_valuation_model-1_11749897ccc.webp?_i=AA 300w\" sizes=\"auto, (max-width: 4970px) 100vw, 4970px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">辉瑞估值模型。（\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">TIKR\u003C\u002Fa>）\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">有必要直接说明这些数字的含义。3%的年化中期回报率并非一个资本增值的论点。该模型假设在所有三种情景下，营收增长持平或略有下降，每股收益下降，市盈率变化几乎没有贡献。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">回报本质上就是股息收益率减去下滑部分，加上一个基于较低盈利基础应用稳定市盈率的温和目标价。情景范围很窄，且仅略微偏向乐观，这反映了市场共识对于产品线能以多快速度抵消新冠疫情时期的盈利悬崖存在分歧。对于需要增长的投资者来说，以当前价格买入辉瑞是一个难以推销的提议。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">对于具有更长投资期限、并认为华尔街低估了肿瘤和肥胖症产品线价值的收入导向型投资者来说，低于市场平均水平的市盈率加上7%的股息收益率，则是一个更有趣的话题。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-should-you-invest-in-pfizer-inc\" class=\"wp-block-heading\">你应该投资辉瑞公司吗？\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">辉瑞是一家拥有可信产品线、7%股息收益率、且股价在估值基础上接近多年低点的公司。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">核心挑战在于，要重回有意义的盈利增长之路，需要肿瘤和肥胖症药物实现规模化销售，同时新冠产品收入持续下降，且债务水平限制了资本配置的灵活性。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">TIKR模型约3%的年化中期回报率是诚实的：这主要是一只具有产品线期权价值的收益型股票，而非一只复苏中的成长型股票。使用TIKR来跟踪调整后每股收益趋势、Padcev和Lorbrena的收入轨迹，以及在第二季度财报发布前肥胖症产品线的任何更新。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">在60秒内构建您自己的辉瑞估值模型（使用TIKR免费）>>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-looking-for-new-opportunities\" class=\"wp-block-heading\">寻找新机会？\u003C\u002Fh2>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>查看\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">亿万富翁投资者正在买入哪些股票\u003C\u002Fa>\u003C\u002Fstrong>，以便跟随聪明钱。\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">使用TIKR一体化、易于使用的平台，在短短5分钟内分析股票\u003C\u002Fa>\u003C\u002Fstrong>。\u003C\u002Fli>\n\n\n\n\u003Cli>您翻开的石头越多……您发现的机会就越多。\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">使用TIKR搜索10万+全球股票、全球顶级投资者持仓等。\u003C\u002Fa>\u003C\u002Fstrong>\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Ch2 id=\"h-disclaimer\" class=\"wp-block-heading\">\u003Cstrong>免责声明：\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\" id=\"h-\">\u003Cem>请注意，TIKR上的文章并非来自TIKR或我们内容团队的投资或财务建议，也不是买入或卖出任何股票的建议。我们根据TIKR Terminal的投资数据和分析师预测创建内容。我们的分析可能未包含近期公司新闻或重要更新。TIKR对提及的任何股票均无持仓。感谢阅读，祝您投资愉快！\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003C\u002Fp>",1104,"zh","\u002Fblog\u002Fpfizers-eps-has-fallen-65-from-its-peak-heres-why-that-might-be-the-point","pfizers-eps-has-fallen-65-from-its-peak-heres-why-that-might-be-the-point","images\u002FPfizer-Featured_117502da2fa\u002FPfizer-Featured_117502da2fa","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784150870\u002Fimages\u002FPfizer-Featured_117502da2fa\u002FPfizer-Featured_117502da2fa.png?_i=AA",{"altText":165,"imageCredit":166},"Pfizer’s EPS Has Fallen 65% From Its Peak, Here’s Why That Might Be the Point","@Golib, Aflo Images from アフロ（Aflo) via Canva",{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":172},"David Beren","davidberentikr","author","",[],{"name":174,"slug":175,"role":176,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":177},"David Hanson","davidtikr","editor",[],[179],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},"股票评论","reviews","\u002Fblog\u002Fcategory\u002Freviews",0,[],{"title":165,"metaDesc":186,"opengraphDescription":186,"twitterTitle":165,"twitterDescription":186},"Pfizer is navigating the post-COVID earnings hangover, and the question is whether the underlying business is strong enough to matter.",{"title":188,"description":186,"twitterTitle":188,"twitterDescription":186,"author":168,"articlePublisher":189,"articlePublishedTime":154,"articleModifiedTime":155,"twitterLabel1":190,"twitterData1":191,"ogTitle":188,"ogDescription":186,"ogUrl":160,"ogImage":163,"ogImageWidth":192,"ogImageHeight":193,"ogImageSecureUrl":163,"ogImageAlt":165,"twitterImage":163},"Pfizer’s EPS Has Fallen 65% From Its Peak, Here’s Why That Might Be the Point","TIKR.com","预计阅读时间","2 minutes",1200,630,[195,212,226,243,258],{"id":183,"title":196,"date":197,"excerpt":198,"wordCount":199,"uri":200,"slug":201,"cloudinaryAssetId":202,"featuredImageOriginalUrl":203,"featuredImageMetadata":204,"author":205,"categories":209,"relatedPosts":211},"洛克希德·马丁斩获北约500亿美元合同，股价却几乎纹丝不动。","2026-07-16 14:00:00","本季度调整后每股收益（EPS）飙升392%。洛克希德马丁（Lockheed Martin）股价目前仍较华尔街608美元的平均目标价低18%。那么，接下来会如何？",1166,"\u002Fblog\u002Flockheed-martin-lands-50-billion-in-nato-contracts-the-stock-barely-moved","lockheed-martin-lands-50-billion-in-nato-contracts-the-stock-barely-moved","images\u002FFEATURED-IMAGE-MAKER-1060\u002FFEATURED-IMAGE-MAKER-1060","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784207485\u002Fimages\u002FFEATURED-IMAGE-MAKER-1060\u002FFEATURED-IMAGE-MAKER-1060.png?_i=AA",{"altText":196},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":208},"Gian Estrada","giantikr",[],[210],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":213,"date":197,"excerpt":214,"wordCount":215,"uri":216,"slug":217,"cloudinaryAssetId":218,"featuredImageOriginalUrl":219,"featuredImageMetadata":220,"author":221,"categories":223,"relatedPosts":225},"24位分析师中，有20位给予Capital One股票买入评级。其盈利增长轨迹为这一评级提供了支撑。","Capital One股票目前交易价格较分析师258美元的目标价低23%，而其标准化每股收益预计将在第四季度重新加速增长27%。以下是更全面的分析。",1186,"\u002Fblog\u002F20-of-24-analysts-rate-capital-one-stock-a-buy-the-earnings-trajectory-supports-them","20-of-24-analysts-rate-capital-one-stock-a-buy-the-earnings-trajectory-supports-them","images\u002FFEATURED-IMAGE-MAKER-1059\u002FFEATURED-IMAGE-MAKER-1059","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784205667\u002Fimages\u002FFEATURED-IMAGE-MAKER-1059\u002FFEATURED-IMAGE-MAKER-1059.png?_i=AA",{"altText":213},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":222},[],[224],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":227,"date":228,"excerpt":229,"wordCount":230,"uri":231,"slug":232,"cloudinaryAssetId":233,"featuredImageOriginalUrl":234,"featuredImageMetadata":235,"author":236,"categories":240,"relatedPosts":242},"贝莱德今日上涨7%。以下是2026年可能推动BLK股价走高的因素","2026-07-16 12:05:00","贝莱德股价今日上涨约7%，此前该公司资产管理规模创下纪录，资金流入强劲，利润率扩大。以下是2026年底前可能推动BLK股价走高的因素。",835,"\u002Fblog\u002Fblackrock-rose-7-today-heres-what-could-drive-blk-stock-higher-in-2026","blackrock-rose-7-today-heres-what-could-drive-blk-stock-higher-in-2026","images\u002F@Jakub-Zerdzicki-from-Pexels-via-Canva-@Shutter2U-via-Canva\u002F@Jakub-Zerdzicki-from-Pexels-via-Canva-@Shutter2U-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784201088\u002Fimages\u002F@Jakub-Zerdzicki-from-Pexels-via-Canva-@Shutter2U-via-Canva\u002F@Jakub-Zerdzicki-from-Pexels-via-Canva-@Shutter2U-via-Canva.png?_i=AA",{"altText":227},{"name":237,"slug":238,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":239},"Nikko Henson","nikkotikr",[],[241],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":244,"date":245,"excerpt":246,"wordCount":247,"uri":248,"slug":249,"cloudinaryAssetId":250,"featuredImageOriginalUrl":251,"featuredImageMetadata":252,"author":253,"categories":255,"relatedPosts":257},"Oklo股价较历史高点下跌77%。以下是多头观点真正需要的条件","2026-07-16 12:03:00","Oklo Inc. 正在建造的可能是美国首座投入商业部署的先进核反应堆。",961,"\u002Fblog\u002Foklo-stock-is-down-77-from-its-high-heres-what-the-bull-case-actually-requires","oklo-stock-is-down-77-from-its-high-heres-what-the-bull-case-actually-requires","images\u002FOklo-Featured_11749113f00\u002FOklo-Featured_11749113f00","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784145745\u002Fimages\u002FOklo-Featured_11749113f00\u002FOklo-Featured_11749113f00.png?_i=AA",{"altText":244},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":254},[],[256],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":259,"date":260,"excerpt":261,"wordCount":262,"uri":263,"slug":264,"cloudinaryAssetId":265,"featuredImageOriginalUrl":266,"featuredImageMetadata":267,"author":268,"categories":270,"relatedPosts":272},"Axon股价较峰值下跌46%。以下是业务基本面并未反映这一跌幅的原因","2026-07-15 20:31:00","Axon Enterprise已连续九个季度实现30%以上的营收增长，然而其股价目前仍较年初水平下跌近40%。",1066,"\u002Fblog\u002Faxon-stock-is-down-46-from-its-high-heres-why-the-business-doesnt-reflect-that","axon-stock-is-down-46-from-its-high-heres-why-the-business-doesnt-reflect-that","images\u002FAXON-Featured_1174779324f\u002FAXON-Featured_1174779324f","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784140231\u002Fimages\u002FAXON-Featured_1174779324f\u002FAXON-Featured_1174779324f.png?_i=AA",{"altText":259},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":269},[],[271],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],[274,292,307,322,337,352,372,387,402,417,432,450,465,480,495,510,528,543,561,576],{"id":183,"title":275,"date":276,"excerpt":277,"wordCount":278,"uri":279,"slug":280,"cloudinaryAssetId":281,"featuredImageOriginalUrl":282,"featuredImageMetadata":283,"author":284,"categories":286,"relatedPosts":291},"CVS股票分析：高股息率是否值得承担转型风险？","2026-07-16 13:00:00","CVS Health的派息比率降至29%，而其季度股息连续八个季度维持在每股0.67美元。股息率则下降至2.47%。",1060,"\u002Fblog\u002Fcvs-stock-analysis-is-the-high-yield-worth-the-turnaround-risk","cvs-stock-analysis-is-the-high-yield-worth-the-turnaround-risk","images\u002FFEATURED-IMAGE-MAKER-1058\u002FFEATURED-IMAGE-MAKER-1058","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784199539\u002Fimages\u002FFEATURED-IMAGE-MAKER-1058\u002FFEATURED-IMAGE-MAKER-1058.png?_i=AA",{"altText":275},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":285},[],[287],{"name":288,"slug":289,"uri":290,"description":171,"postsCount":183},"股息","dividends","\u002Fblog\u002Fcategory\u002Fdividends",[],{"id":183,"title":293,"date":294,"excerpt":295,"wordCount":296,"uri":297,"slug":298,"cloudinaryAssetId":299,"featuredImageOriginalUrl":300,"featuredImageMetadata":301,"author":302,"categories":304,"relatedPosts":306},"CSCO股票分析：思科系统是最安全的科技价值股吗？","2026-07-16 12:00:00","思科的派息率已从两年前的74%降至49%，同时每股股息则升至0.42美元。",1191,"\u002Fblog\u002Fcsco-stock-review-is-cisco-systems-the-safest-tech-value-play","csco-stock-review-is-cisco-systems-the-safest-tech-value-play","images\u002FFEATURED-IMAGE-MAKER-1057\u002FFEATURED-IMAGE-MAKER-1057","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784195959\u002Fimages\u002FFEATURED-IMAGE-MAKER-1057\u002FFEATURED-IMAGE-MAKER-1057.png?_i=AA",{"altText":293},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":303},[],[305],{"name":288,"slug":289,"uri":290,"description":171,"postsCount":183},[],{"id":183,"title":308,"date":309,"excerpt":310,"wordCount":311,"uri":312,"slug":313,"cloudinaryAssetId":314,"featuredImageOriginalUrl":315,"featuredImageMetadata":316,"author":317,"categories":319,"relatedPosts":321},"TXN股息：最适合长期派息增长的芯片股","2026-07-16 11:00:00","德州仪器过去12个月的自由现金流达到44亿美元，是去年17亿美元的两倍多。股息也随之发放。",1470,"\u002Fblog\u002Ftxn-dividend-the-best-long-lifecycle-chip-stock-for-payout-growth","txn-dividend-the-best-long-lifecycle-chip-stock-for-payout-growth","images\u002FFEATURED-IMAGE-MAKER-1056\u002FFEATURED-IMAGE-MAKER-1056","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784194373\u002Fimages\u002FFEATURED-IMAGE-MAKER-1056\u002FFEATURED-IMAGE-MAKER-1056.png?_i=AA",{"altText":308},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":318},[],[320],{"name":288,"slug":289,"uri":290,"description":171,"postsCount":183},[],{"id":183,"title":323,"date":324,"excerpt":325,"wordCount":326,"uri":327,"slug":328,"cloudinaryAssetId":329,"featuredImageOriginalUrl":330,"featuredImageMetadata":331,"author":332,"categories":334,"relatedPosts":336},"联合太平洋铁路 (UNP) 股票：买入这家铁路股息背后的护城河","2026-07-16 10:00:00","联合太平洋的派息率目前为48%，调整后每股收益增长了9%。其股息增长空间是大多数股票难以企及的。",1155,"\u002Fblog\u002Funion-pacific-unp-stock-buying-the-moat-behind-this-rail-dividend","union-pacific-unp-stock-buying-the-moat-behind-this-rail-dividend","images\u002FFEATURED-IMAGE-MAKER-1055\u002FFEATURED-IMAGE-MAKER-1055","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784183265\u002Fimages\u002FFEATURED-IMAGE-MAKER-1055\u002FFEATURED-IMAGE-MAKER-1055.png?_i=AA",{"altText":323},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":333},[],[335],{"name":288,"slug":289,"uri":290,"description":171,"postsCount":183},[],{"id":183,"title":338,"date":339,"excerpt":340,"wordCount":341,"uri":342,"slug":343,"cloudinaryAssetId":344,"featuredImageOriginalUrl":345,"featuredImageMetadata":346,"author":347,"categories":349,"relatedPosts":351},"NUE股票股息收益率：为何纽柯公司提供独特的周期性保护","2026-07-16 09:00:00","纽柯钢铁的派息率在创纪录的700万吨季度产量后降至17%，股息收益率目前为1.0%。以下是股息数据揭示的情况。",1202,"\u002Fblog\u002Fnue-stock-dividend-yield-why-nucor-offers-unique-cyclical-protection","nue-stock-dividend-yield-why-nucor-offers-unique-cyclical-protection","images\u002FFEATURED-IMAGE-MAKER-1054\u002FFEATURED-IMAGE-MAKER-1054","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784181389\u002Fimages\u002FFEATURED-IMAGE-MAKER-1054\u002FFEATURED-IMAGE-MAKER-1054.png?_i=AA",{"altText":338},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":348},[],[350],{"name":288,"slug":289,"uri":290,"description":171,"postsCount":183},[],{"id":183,"title":353,"date":354,"excerpt":355,"wordCount":356,"uri":357,"slug":358,"cloudinaryAssetId":359,"featuredImageOriginalUrl":360,"featuredImageMetadata":361,"author":362,"categories":366,"relatedPosts":371},"瑞穗下调Circle股票评级，因开放美元联盟威胁稳定币商业模式","2026-07-15 15:23:47","瑞穗因开放美元竞争风险下调Circle股票评级，目标价降至50美元，同时Baird也调降其盈利预期。",750,"\u002Fblog\u002Fmizuho-downgrades-circle-nyse-crcl-stock-open-usd-consortium-threatens-stablecoin-business-model","mizuho-downgrades-circle-nyse-crcl-stock-open-usd-consortium-threatens-stablecoin-business-model","images\u002FCRCL-stock-1_11732767401\u002FCRCL-stock-1_11732767401","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784101786\u002Fimages\u002FCRCL-stock-1_11732767401\u002FCRCL-stock-1_11732767401.png?_i=AA",{"altText":353},{"name":363,"slug":364,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":365},"Aditya 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15:21:37","花旗集团股价下跌，尽管季度营收创下纪录，但投资者对其维持不变的业绩展望和不断上升的开支提出质疑。",746,"\u002Fblog\u002Fcitigroup-nyse-stock-falls-despite-posting-best-quarterly-revenue-in-a-decade","citigroup-nyse-stock-falls-despite-posting-best-quarterly-revenue-in-a-decade","images\u002FC-stock\u002FC-stock","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784107090\u002Fimages\u002FC-stock\u002FC-stock.png?_i=AA",{"altText":373},{"name":363,"slug":364,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":383},[],[385],{"name":368,"slug":369,"uri":370,"description":171,"postsCount":183},[],{"id":183,"title":388,"date":389,"excerpt":390,"wordCount":391,"uri":392,"slug":393,"cloudinaryAssetId":394,"featuredImageOriginalUrl":395,"featuredImageMetadata":396,"author":397,"categories":399,"relatedPosts":401},"Meta面临员工诉讼，指控其在近期裁员中歧视性使用人工智能","2026-07-15 15:16:44","Meta面临一项诉讼，指控其人工智能系统在2026年5月的裁员中歧视了休假员工。",781,"\u002Fblog\u002Fmeta-nasdaq-stock-employee-lawsuit-discriminatory-ai-use-layoffs","meta-nasdaq-stock-employee-lawsuit-discriminatory-ai-use-layoffs","images\u002FMETA-stock-3_1174008286d\u002FMETA-stock-3_1174008286d","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784120055\u002Fimages\u002FMETA-stock-3_1174008286d\u002FMETA-stock-3_1174008286d.png?_i=AA",{"altText":388},{"name":363,"slug":364,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":398},[],[400],{"name":368,"slug":369,"uri":370,"description":171,"postsCount":183},[],{"id":183,"title":403,"date":404,"excerpt":405,"wordCount":406,"uri":407,"slug":408,"cloudinaryAssetId":409,"featuredImageOriginalUrl":410,"featuredImageMetadata":411,"author":412,"categories":414,"relatedPosts":416},"美联航推出全新高级经济舱选项，确保中间座位无人占用","2026-07-15 15:12:39","联合航空股票成为焦点，该公司推出配备保证空置中间座位的新型高级座椅。",760,"\u002Fblog\u002Funited-airlines-nasdaq-ual-stock-new-premium-economy-option","united-airlines-nasdaq-ual-stock-new-premium-economy-option","images\u002FUAL-stock-1_117414413ba\u002FUAL-stock-1_117414413ba","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784121218\u002Fimages\u002FUAL-stock-1_117414413ba\u002FUAL-stock-1_117414413ba.png?_i=AA",{"altText":403},{"name":363,"slug":364,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":413},[],[415],{"name":368,"slug":369,"uri":370,"description":171,"postsCount":183},[],{"id":183,"title":418,"date":419,"excerpt":420,"wordCount":421,"uri":422,"slug":423,"cloudinaryAssetId":424,"featuredImageOriginalUrl":425,"featuredImageMetadata":426,"author":427,"categories":429,"relatedPosts":431},"IBM股价暴跌25%，因第二季度业绩不及华尔街预期","2026-07-15 03:46:10","IBM股价暴跌23%，创下自1987年以来最惨单日跌幅，此前该公司第二季度盈利与营收因资本支出结构转变而双双未达预期。",776,"\u002Fblog\u002Fibm-stock-plunges-earnings-miss-wall-street-forecasts","ibm-stock-plunges-earnings-miss-wall-street-forecasts","images\u002FIBM-stock-1_117284aef5e\u002FIBM-stock-1_117284aef5e","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784049160\u002Fimages\u002FIBM-stock-1_117284aef5e\u002FIBM-stock-1_117284aef5e.png?_i=AA",{"altText":418},{"name":363,"slug":364,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":428},[],[430],{"name":368,"slug":369,"uri":370,"description":171,"postsCount":183},[],{"id":183,"title":433,"date":434,"excerpt":435,"wordCount":436,"uri":437,"slug":438,"cloudinaryAssetId":439,"featuredImageOriginalUrl":440,"featuredImageMetadata":441,"author":442,"categories":444,"relatedPosts":449},"高盛股价上涨，此前第二季度业绩远超华尔街预期","2026-07-15 15:20:38","高盛股票在第二季度财报远超预期后上涨，主要得益于创纪录的交易和投资银行业务收入。",778,"\u002Fblog\u002Fgoldman-sachs-nyse-stock-climbs-after-q2-earnings-smash-wall-street-expectations","goldman-sachs-nyse-stock-climbs-after-q2-earnings-smash-wall-street-expectations","images\u002FGS-stock_11735359ce6\u002FGS-stock_11735359ce6","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784114249\u002Fimages\u002FGS-stock_11735359ce6\u002FGS-stock_11735359ce6.png?_i=AA",{"altText":433},{"name":363,"slug":364,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":443},[],[445],{"name":446,"slug":447,"uri":448,"description":171,"postsCount":183},"收益更新","earnings-updates","\u002Fblog\u002Fcategory\u002Fearnings-updates",[],{"id":183,"title":451,"date":452,"excerpt":453,"wordCount":454,"uri":455,"slug":456,"cloudinaryAssetId":457,"featuredImageOriginalUrl":458,"featuredImageMetadata":459,"author":460,"categories":462,"relatedPosts":464},"美国银行股价持平，尽管第二季度营收和盈利超出预期","2026-07-15 15:19:25","美国银行股票在第二季度业绩超出预期后仍保持平稳，投资者关注点集中在下半年业绩指引与可比数据上。",851,"\u002Fblog\u002Fbank-of-america-nyse-bac-stock-flatlines-despite-beating-q2-estimates","bank-of-america-nyse-bac-stock-flatlines-despite-beating-q2-estimates","images\u002FBAC-stock-1\u002FBAC-stock-1","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784115855\u002Fimages\u002FBAC-stock-1\u002FBAC-stock-1.png?_i=AA",{"altText":451},{"name":363,"slug":364,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":461},[],[463],{"name":446,"slug":447,"uri":448,"description":171,"postsCount":183},[],{"id":183,"title":466,"date":467,"excerpt":468,"wordCount":469,"uri":470,"slug":471,"cloudinaryAssetId":472,"featuredImageOriginalUrl":473,"featuredImageMetadata":474,"author":475,"categories":477,"relatedPosts":479},"ASML股价上涨，此前第二季度销售额和利润率超出预期","2026-07-15 15:17:30","ASML股价在第二季度销售额和利润率超出预期后上涨，其装机基础实力和人工智能需求推动了业绩展望的上调。",811,"\u002Fblog\u002Fasml-stock-rises-after-q2-sales-and-margins-beat-guidance","asml-stock-rises-after-q2-sales-and-margins-beat-guidance","images\u002FASML-tock\u002FASML-tock","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784118513\u002Fimages\u002FASML-tock\u002FASML-tock.png?_i=AA",{"altText":466},{"name":363,"slug":364,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":476},[],[478],{"name":446,"slug":447,"uri":448,"description":171,"postsCount":183},[],{"id":183,"title":481,"date":482,"excerpt":483,"wordCount":484,"uri":485,"slug":486,"cloudinaryAssetId":487,"featuredImageOriginalUrl":488,"featuredImageMetadata":489,"author":490,"categories":492,"relatedPosts":494},"达美航空股价下跌，尽管第二季度盈利超出预期","2026-07-13 12:40:00","达美航空股价下跌，尽管其二季度盈利超出预期，但燃油成本上涨超过了每座营收的增长。",793,"\u002Fblog\u002Fdelta-air-lines-nyse-dal-stock-dips-despite-beating-q2-earnings","delta-air-lines-nyse-dal-stock-dips-despite-beating-q2-earnings","images\u002FDLA-stock\u002FDLA-stock","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1783764855\u002Fimages\u002FDLA-stock\u002FDLA-stock.png?_i=AA",{"altText":481},{"name":363,"slug":364,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":491},[],[493],{"name":446,"slug":447,"uri":448,"description":171,"postsCount":183},[],{"id":183,"title":496,"date":497,"excerpt":498,"wordCount":499,"uri":500,"slug":501,"cloudinaryAssetId":502,"featuredImageOriginalUrl":503,"featuredImageMetadata":504,"author":505,"categories":507,"relatedPosts":509},"百事公司公布第二季度财报。以下是值得关注的要点。","2026-07-13 09:00:00","营业利润率保持在17%，尽管毛利率有所下滑，百事公司的损益表揭示了原因。",869,"\u002Fblog\u002Fpepsico-reports-q2-earnings-heres-what-stood-out","pepsico-reports-q2-earnings-heres-what-stood-out","images\u002FFEATURED-IMAGE-MAKER-1027\u002FFEATURED-IMAGE-MAKER-1027","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1783915560\u002Fimages\u002FFEATURED-IMAGE-MAKER-1027\u002FFEATURED-IMAGE-MAKER-1027.png?_i=AA",{"altText":496},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":506},[],[508],{"name":446,"slug":447,"uri":448,"description":171,"postsCount":183},[],{"id":183,"title":511,"date":512,"excerpt":513,"wordCount":514,"uri":515,"slug":516,"cloudinaryAssetId":517,"featuredImageOriginalUrl":518,"featuredImageMetadata":519,"author":520,"categories":522,"relatedPosts":527},"英特尔的转型终于成真，还是投资者应避开的估值陷阱？","2026-07-14 13:51:00","英特尔正全力追求真正的东山再起，分头押注设计与晶圆代工业务。如何判断英特尔股票是逆袭故事还是投资陷阱？",1222,"\u002Fblog\u002Fintel-stock-turnaround-real-or-value-trap-investors","intel-stock-turnaround-real-or-value-trap-investors","images\u002FAVGO-stock-1_11637505260\u002FAVGO-stock-1_11637505260","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1783577235\u002Fimages\u002FAVGO-stock-1_11637505260\u002FAVGO-stock-1_11637505260.png?_i=AA",{"altText":511},{"name":363,"slug":364,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":521},[],[523],{"name":524,"slug":525,"uri":526,"description":171,"postsCount":183},"估价","valuation","\u002Fblog\u002Fcategory\u002Fvaluation",[],{"id":183,"title":529,"date":530,"excerpt":531,"wordCount":532,"uri":533,"slug":534,"cloudinaryAssetId":535,"featuredImageOriginalUrl":536,"featuredImageMetadata":537,"author":538,"categories":540,"relatedPosts":542},"过去一年下跌71%，Wix股票终于值得仔细审视了吗？","2026-07-13 13:50:00","WIX股价较峰值下跌69%，目前交易价格为47美元。到2028年能否达到81美元？以下是模型给出的分析。",1181,"\u002Fblog\u002Fdown-71-from-its-peak-is-wix-nasdaq-stock-undervalued","down-71-from-its-peak-is-wix-nasdaq-stock-undervalued","images\u002FWix-stock_116481b2be8\u002FWix-stock_116481b2be8","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1783598340\u002Fimages\u002FWix-stock_116481b2be8\u002FWix-stock_116481b2be8.png?_i=AA",{"altText":529},{"name":363,"slug":364,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":539},[],[541],{"name":524,"slug":525,"uri":526,"description":171,"postsCount":183},[],{"id":183,"title":544,"date":545,"excerpt":546,"wordCount":547,"uri":548,"slug":549,"cloudinaryAssetId":550,"featuredImageOriginalUrl":551,"featuredImageMetadata":552,"author":553,"categories":555,"relatedPosts":560},"大卫·泰珀的重仓股：华尔街最大胆投资者之一的七大重注","2026-07-10 18:37:44","以下是大卫·泰珀的七大重仓股，包括对科技、能源和金融板块的主要押注。看看这位对冲基金传奇人物当前的投资布局，以及这反映了怎样的市场前景。",1740,"\u002Fblog\u002Fdavid-teppers-top-stocks-7-big-bets-from-one-of-wall-streets-boldest-investors","david-teppers-top-stocks-7-big-bets-from-one-of-wall-streets-boldest-investors","images\u002FDavid-Tepper_713208c9c0\u002FDavid-Tepper_713208c9c0","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1758246933\u002Fimages\u002FDavid-Tepper_713208c9c0\u002FDavid-Tepper_713208c9c0.png?_i=AA",{"altText":544},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":554},[],[556],{"name":557,"slug":558,"uri":559,"description":171,"postsCount":183},"顶级投资者","top-investors","\u002Fblog\u002Fcategory\u002Ftop-investors",[],{"id":183,"title":562,"date":563,"excerpt":564,"wordCount":565,"uri":566,"slug":567,"cloudinaryAssetId":568,"featuredImageOriginalUrl":569,"featuredImageMetadata":570,"author":571,"categories":573,"relatedPosts":575},"洞察全局：解读利奥波德·阿申布雷纳的顶级股票投资组合","2026-07-10 18:18:00","探索Leopold Aschenbrenner旗下Situational Awareness LP截至2026年第一季度的主要公开股票持仓。深入了解该基金对Nebius、Bloom 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16:45:44","探索布拉德·格斯特纳旗下Altimeter Capital截至2025年第一季度的主要公开股票持仓。深入了解该基金对Meta、英伟达、Snowflake等公司的集中押注，如何体现格斯特纳的长期科技投资策略。",1356,"\u002Fblog\u002Faltimeter-capital-portfolio","altimeter-capital-portfolio","images\u002FAltimeter-1_37975c9839\u002FAltimeter-1_37975c9839","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1751566300\u002Fimages\u002FAltimeter-1_37975c9839\u002FAltimeter-1_37975c9839.png?_i=AA",{"altText":577},{"name":174,"slug":175,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":587},[],[589],{"name":557,"slug":558,"uri":559,"description":171,"postsCount":183},[]]