Shares of Bilibili Inc. (NASDAQ:BILI) have received a consensus rating of “Buy” from the fifteen analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $97.75.
BILI has been the topic of several analyst reports. Zacks Investment Research raised shares of Bilibili from a “sell” rating to a “hold” rating in a research note on Thursday, August 26th. KGI Securities began coverage on shares of Bilibili in a research report on Monday, September 6th. They issued an “outperform” rating for the company. HSBC dropped their target price on shares of Bilibili from $140.00 to $127.00 and set a “buy” rating for the company in a research report on Friday, August 20th. Deutsche Bank Aktiengesellschaft began coverage on shares of Bilibili in a research report on Friday, August 13th. They issued a “buy” rating and a $110.00 target price for the company. Finally, The Goldman Sachs Group dropped their target price on shares of Bilibili from $122.00 to $105.00 and set a “buy” rating for the company in a research report on Tuesday, August 24th.
Several hedge funds have recently added to or reduced their stakes in BILI. Sowell Financial Services LLC bought a new stake in shares of Bilibili during the 1st quarter worth about $27,000. Acadian Asset Management LLC bought a new stake in shares of Bilibili during the 1st quarter worth about $27,000. EMC Capital Management bought a new stake in shares of Bilibili during the 1st quarter worth about $48,000. JTC Employer Solutions Trusteee Ltd bought a new stake in shares of Bilibili during the 2nd quarter worth about $49,000. Finally, Quadrant Capital Group LLC raised its position in shares of Bilibili by 106.1% during the 1st quarter. Quadrant Capital Group LLC now owns 470 shares of the company’s stock worth $50,000 after buying an additional 242 shares in the last quarter. Institutional investors own 48.13% of the company’s stock.
Bilibili (NASDAQ:BILI) last issued its earnings results on Wednesday, August 18th. The company reported ($2.23) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.55) by ($1.68). Bilibili had a negative net margin of 25.45% and a negative return on equity of 23.68%. The business had revenue of $4.50 billion during the quarter, compared to analysts’ expectations of $4.30 billion. During the same period in the prior year, the business posted ($1.35) EPS. The business’s revenue was up 71.7% on a year-over-year basis. As a group, research analysts anticipate that Bilibili will post -2.28 EPS for the current fiscal year.
Bilibili, Inc is a holding company, which represents the iconic brand of online entertainment for young generations in China. It offers a wide array of content serving young generations’ diverse interests. The firm enables broad video-based content consumption scenarios centered around professional user generated videos, or professional user generated videos (PUGV), supplemented with live broadcasting, occupationally generated videos, or occupationally generated videos (OGV), and more.
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