Shares of Bilibili Inc. Sponsored ADR (NASDAQ:BILI – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $31.1250.
A number of research firms have recently commented on BILI. Weiss Ratings downgraded shares of Bilibili from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 8th. Wall Street Zen cut shares of Bilibili from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Macquarie Infrastructure restated an “outperform” rating and issued a $30.00 target price on shares of Bilibili in a report on Tuesday, May 19th. Finally, Benchmark reaffirmed a “buy” rating on shares of Bilibili in a research report on Wednesday, May 20th.
Check Out Our Latest Analysis on Bilibili
Key Bilibili News
- Positive Sentiment: Bilibili is accelerating its global expansion, including hiring plans in Tokyo, Los Angeles and other markets. Building local teams could support international content partnerships, creator recruitment and advertising growth. China’s Bilibili accelerates global expansion, begins hiring in Tokyo, LA, and more
- Positive Sentiment: The company has launched or relaunched an international Android app and is preparing an English-language website, aiming to attract overseas users and creators. A broader audience could create longer-term opportunities in subscriptions, advertising and content monetization. Bilibili plans global expansion to challenge YouTube with international creators and an English website
- Positive Sentiment: Coverage describes Bilibili as a potential global competitor to YouTube and a free rival to Crunchyroll, particularly in anime and youth-oriented video. This highlights the strength of its content library and possible international demand. Could Bilibili be YouTube’s true rival?
- Neutral Sentiment: Bilibili is scheduled to announce quarterly earnings, giving investors a near-term catalyst. Results will show whether user growth, revenue trends and profitability support the international-expansion narrative. Bilibili to Announce Quarterly Earnings on Thursday
- Neutral Sentiment: A recent report noted that BILI shares had fallen sharply and suggested the stock could be undervalued, citing a GF Score of 67/100. The thesis remains dependent on improving execution and financial results. Bilibili stock down 3.8%—now undervalued?
Institutional Trading of Bilibili
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Bilibili by 1.2% in the first quarter. Royal Bank of Canada now owns 87,505 shares of the company’s stock valued at $1,672,000 after acquiring an additional 1,014 shares during the last quarter. Geode Capital Management LLC increased its stake in Bilibili by 0.7% during the second quarter. Geode Capital Management LLC now owns 103,666 shares of the company’s stock worth $2,224,000 after acquiring an additional 713 shares during the last quarter. Cetera Investment Advisers purchased a new position in shares of Bilibili in the 2nd quarter worth about $398,000. JPMorgan Chase & Co. raised its holdings in shares of Bilibili by 25.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,295 shares of the company’s stock worth $114,000 after purchasing an additional 1,081 shares during the period. Finally, Norges Bank acquired a new position in shares of Bilibili in the 2nd quarter valued at about $244,000. 16.08% of the stock is currently owned by institutional investors and hedge funds.
Bilibili Stock Performance
Bilibili stock opened at $17.06 on Thursday. The stock has a fifty day moving average price of $17.67 and a 200 day moving average price of $21.74. Bilibili has a 52 week low of $15.79 and a 52 week high of $36.40. The firm has a market capitalization of $7.08 billion, a P/E ratio of 37.91 and a beta of 0.72. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.30.
Bilibili Company Profile
Bilibili (NASDAQ: BILI) is a leading Chinese online entertainment platform renowned for its focus on animation, comics and games (ACG) content. The company operates a video-sharing website where users can view, upload and comment on a wide range of content, from full-length anime episodes to user-generated short videos. In addition to on-demand streaming, Bilibili offers live broadcasting services that connect creators with fans through real-time interaction features such as “bullet comments” that flow across the screen.
Beyond its core video community, Bilibili generates revenue through multiple value-added services.
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