Bilibili Inc. (NASDAQ:BILI) shares traded 2.13% higher at $15.79 on Wall Street last session.
In accordance with the data, 44 analysts cover Bilibili Inc. (NASDAQ:BILI). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $278.53 and a low of $44.99, we find $173.52. Given the previous closing price of $15.46, this indicates a potential upside of 1022.38 percent. BILI stock price is now 13.90% away from the 50-day moving average and -30.71% away from the 200-day moving average. The market capitalization of the company currently stands at $5.84B.
It has been rated a hold by 9 analysts and a buy by 28. Brokers who have rated the stock have averaged $165.30 as their price target over the next twelve months.
With the price target reduced from $42 to $11.50, BofA Securities Downgraded its rating from Buy to Neutral for Bilibili Inc. (NASDAQ: BILI)., while ‘Bernstein’ rates the stock as ‘Underperform’.
A total of 3.18% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BILI stock. A new stake in Bilibili Inc. shares was purchased by SCULPTOR CAPITAL LP during the first quarter worth $7,177,000. WOLVERINE ASSET MANAGEMENT LLC invested $1,374,000 in shares of BILI during the first quarter. In the first quarter, PALOMA PARTNERS MANAGEMENT CO acquired a new stake in Bilibili Inc. valued at approximately $848,000. CAPITAL MARKETS TRADING UK LLP acquired a new stake in BILI for approximately $792,000. HBK SORCE ADVISORY LLC purchased a new stake in BILI valued at around $395,000 in the second quarter. In total, there are 330 active investors with 29.10% ownership of the company’s stock.
Bilibili Inc. (NASDAQ: BILI) opened at $14.92 on Thursday. During the past 12 months, Bilibili Inc. has had a low of $8.23 and a high of $85.64. The fifty day moving average price for BILI is $13.86 and a two-hundred day moving average price translates $22.79 for the stock.
The latest earnings results from Bilibili Inc. (NASDAQ: BILI) was released for Jun, 2022. According to the Electronic Gaming & Multimedia Company, earnings per share came in at -$0.69, missing analysts’ expectations of -$0.61 by -0.08. This compares to -$0.45 EPS in the same period last year. The net profit margin was -43.20% and return on equity was -43.90% for BILI. The company reported revenue of $742.23 million for the quarter, compared to $696.32 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.59 percent. For the current quarter, analysts expect BILI to generate $800.06M in revenue.
Bilibili Inc.(BILI) Company Profile
Bilibili Inc. provides online entertainment services for the young generations in the People’s Republic of China. Its platform offers a range of content, including video services, mobile games, and value-added service, as well as ACG-related comic and audio content. The company’s video services include professional user generated videos, occupationally generated videos, and live broadcasting. Bilibili Inc. was founded in 2009 and is headquartered in Shanghai, the People’s Republic of China.