In today’s recent session, 4,642,309 shares of the Bilibili Inc.(NASDAQ:BILI) have been traded, and its beta is 0. Most recently the company’s share price was $133.46, and it changed around -$10.14 or -0.07% from the last close, which brings the market valuation of the company to $46.05 Billion. BILI at last check was trading at a discount to its 52-week high of $157.66, offering almost -18.13% off that amount. The share price’s 52-week low was $19.25, which indicates that the recent value has risen by an impressive 85.58% since then. We note from Bilibili Inc.’s average daily trading volume that its 10-day average is 4.25 Million shares, with the 3-month average coming to 6.01 Million.
Bilibili Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.8. If we narrow it down even further, the data shows that none out of 30 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 4 recommended BILI as a Hold, whereas 23 deemed it a Buy, and no one rated it as Underweight. Bilibili Inc. is expected to report earnings per share of -$0.33 for the current quarter.
Bilibili Inc. (NASDAQ:BILI): Trading Information Today
Although BILI has been showing red trend so far today with a performance of -7.06% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $157.4 on Tuesday, Feb 16 increased the stock’s daily price by 15.2%. The company’s shares are currently up 0.56% year-to-date, but still down -0.1283 over the last five days. On the other hand, Bilibili Inc. (NASDAQ:BILI) is 0% down in the 30-day period. We can see from the shorts that 23.66 Million shares have been sold at a short interest cover period of 3.94 day(s).
The consensus price target as assigned by Wall Street analysts is $97.3, which translates to bears needing to reduce their stock price by -27.09% from its current value. Analyst projections state that BILI is forecast to be at a low of $55 and a high of $182. In order for the stock price to hit the forecast high, the stock would need to surge +36.37% from its current level, while the stock would need to crash -58.79% from its current level to reach the projected low.
Bilibili Inc. (BILI) projections and forecasts
Bilibili Inc. share prices are not performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen +217.21 percent over the past six months and at a -142.55% annual growth rate that is well below the industry average of 14.4%. However, despite this, analysts have decided to cut back on their fiscal year 2021 revenue estimates. The rating firms predict that it will lose -135.7% in revenue this quarter, and will report a decline of -80% in the next quarter. The year-over-year growth rate is expected to be 89.1%, up from the previous year.
Consensus estimates provided by 11 financial analysts predict the company will bring in an average of $550.33 Million in revenue for the current quarter. 2 analysts expect Bilibili Inc. to make $546.37 Million in revenue for the quarter ending March 01, 2021. The company’s sales for the same quarters a year ago were $286.89 Million and $331.08 Million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 91.8%. Forecasts for the next quarter put sales growth at 65%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. Bilibili Inc. earnings are expected to decrease by -50.8% in 2021, but the outlook is positive 0.16% per year for the next five years.
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Bilibili Inc. (NASDAQ:BILI)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 20.88% of Bilibili Inc. shares, and 50.84% of them are in the hands of institutional investors. The stock currently has a share float of 64.26%. Bilibili Inc. stock is held by 400 institutions, with FMR, LLC being the largest institutional investor. By Dec 30, 2020, it held 25.69% of the shares, which is about 10.79 Million shares worth $925.07 Million.
Alibaba Group Holding Ltd, with 23.81% or 10Million shares worth $416Million as of Sep 29, 2020, holds the second largest percentage of outstanding shares.