Bilibili Inc. (NASDAQ:BILI) has a beta value of 1.03 and has seen 5.67 million shares traded in the last trading session. The company, currently valued at $10.42B, closed the last trade at $26.18 per share which meant it gained $0.79 on the day or 3.11% during that session. The BILI stock price is -52.06% off its 52-week high price of $39.81 and 68.56% above the 52-week low of $8.23. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.9 million shares traded. The 3-month trading volume is 12.79 million shares.
The consensus among analysts is that Bilibili Inc. (BILI) is an Overweight stock at the moment, with a recommendation rating of 2.00. 2 analysts rate the stock as a Sell, while 5 rate it as Overweight. 11 out of 46 have rated it as a Hold, with 28 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.71.
Bilibili Inc. (NASDAQ:BILI) trade information
Sporting 3.11% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on Monday, 01/23/23 when the BILI stock price touched $26.18 or saw a rise of 4.38%. Year-to-date, Bilibili Inc. shares have moved 10.51%, while the 5-day performance has seen it change -6.40%. Over the past 30 days, the shares of Bilibili Inc. (NASDAQ:BILI) have changed 18.03%. Short interest in the company has seen 30.37 million shares shorted with days to cover at 5.8.
Wall Street analysts have a consensus price target for the stock at $176.25, which means that the shares’ value could jump 85.15% from current levels. The projected low price target is $91.36 while the price target rests at a high of $270.87. In that case, then, we find that the current price level is -934.64% off the targeted high while a plunge would see the stock gain -248.97% from current levels.
Bilibili Inc. (BILI) estimates and forecasts
Figures show that Bilibili Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained 2.31% over the past 6 months, with this year growth rate of -13.39%, compared to -5.80% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are -9.20% and 10.90% for the next quarter. Revenue growth from the last financial year stood is estimated to be 4.40%.
17 analysts offering their estimates for the company have set an average revenue estimate of $800.06 million for the current quarter. 14 have an estimated revenue figure of $884.27 million for the next quarter concluding in Dec 2022. Year-ago sales stood $818.28 million and $874.62 million respectively for this quarter and the next, and analysts expect sales will shrink by -2.20% for the current quarter and 1.10% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -33.20% over the past 5 years.
Bilibili Inc. is expected to release its next earnings report between March 01 and March 06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Bilibili Inc. (NASDAQ:BILI)’s Major holders
Insiders own 3.24% of the company shares, while shares held by institutions stand at 30.05% with a share float percentage of 31.06%. Investors are also buoyed by the number of investors in a company, with Bilibili Inc. having a total of 330 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 19.89 million shares worth more than $509.13 million. As of Jun 29, 2022, FMR, LLC held 6.41% of shares outstanding.
The other major institutional holder is Alibaba Group Holding Ltd, with the holding of over 10.0 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $256.0 million and represent 3.22% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Series Emerging Markets Opportunities Fund and Artisan Developing World Fund. As of Aug 30, 2022, the former fund manager holds about 1.70% shares in the company for having 5.29 million shares of worth $131.97 million while later fund manager owns 3.32 million shares of worth $85.02 million as of Jun 29, 2022, which makes it owner of about 1.07% of company’s outstanding stock.