Look for:

Research Detail

2023/01/13 / Erste Group Research

Tech Aktien: Gewinnerwartungen Software schlagen Hardware


Der globale Aktienmarktindex stieg in der Vorwoche in EUR um +1,8%. Der Stoxx 600 notierte +2,5% höher. Der Nikkei 225 stieg in EUR ebenfalls um +2,5%. Der S&P 500 legte in EUR +1,5% zu. Eine wesentlich geringere Performance erzielte der globale Schwellenländerindex. Er stieg in EUR um +0,4%.

Aktien Global: Für das Technologie-Hardware- Segment wird für 2023 ein leichter Umsatzrückgang um -0,4% und ein Rückgang der Gewinne um -10,9% erwartet. Das Software-Segment des Technologie-Sektors wird sich heuer wesentlich besser entwickeln als das Hardware-Segment, aber auch besser als im Vorjahr. Für heuer wird ein Umsatzanstieg um +9,6% erwartet und eine Gewinnsteigerung um +16,3%.

Ausblick: Mit der am 13.1. beginnenden US-Berichtssaison werden zuerst die Banken wie JPMorgan Chase, Citigroup und Bank of America über ihre Geschäftsverläufe berichten, ebenso auch der weltgrößte Gesundheitskonzern UnitedHealth Group. Erst ab 24.1. berichteten dann die Technologiekonzerne. Der globale Aktienindex sollte in der nächsten Woche moderat ansteigen.

Aktien Österreich: Der ATX legte auf Wochensicht 1,4% zu, seit Jahresbeginn steht ein Plus von 5,2% zu Buche. Im ATX setzte sich Lenzing an die Spitze der Kurstafel, während die OMV leicht schwächelte. Gestern haben wir auch unseren traditionellen Ausblick für die Wiener Börse 2023 präsentiert. Wir erwarten aufgrund Ukraine-Krieg, Inflations- und Zinsanstiegen sowie Wachstumssorgen zwar durchaus noch einige Volatilität, aber auf Ganzjahressicht sehen wir ein Indexpotential für den ATX von 3.700 Punkten.

PDF Download Download PDF (944kB)

General information

AuthorErste Group Research
Date2023/01/13
Languagede
Product nameEquity Weekly
Topic in focusEquities
Economy in focusAustria
Currency in focusEuro
Sector in focusFood & Beverage, Industrial Goods & Services, Oil & Gas
Download

Erste Group related products

Name  ISIN# Erste Group products
AgranaAT000AGRANA30
OMVAT000074305995
SBOAT000094665222



Decline
Accept

We use cookies and web analysis software to give you the best possible experience on our website. If you consent, these tools will be used. For more details please read our Data protection policy.

INFORMATION FOR CORPORATE AND INSTITUTIONAL CLIENTS

Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.

Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended). For this reason, the distribution or redistribution of the information, materials and products into United States or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited. The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.

By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.
(iV) It is no consumer.