Is Bilibili Inc ADR (NASDAQ: BILI) Stock Set To Rise More?

In the latest trading session, 7.38 million Bilibili Inc ADR (NASDAQ:BILI) shares changed hands as the company’s beta touched 0.85. With the company’s most recent per share price at $24.67 changing hands around $1.29 or 5.52% at last look, the market valuation stands at $7.93B. BILI’s current price is a discount, trading about -1.99% off its 52-week high of $25.16. The share price had its 52-week low at $8.80, which suggests the last value was 64.33% up since then. When we look at Bilibili Inc ADR’s average trading volume, we note the 10-day average is 10.36 million shares, with the 3-month average coming to 6.00 million.

Analysts gave the Bilibili Inc ADR (BILI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.54. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended BILI as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Bilibili Inc ADR’s EPS for the current quarter is expected to be 0.09.

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Bilibili Inc ADR (NASDAQ:BILI) trade information

Instantly BILI is in green as seen in intraday trades today. With action 32.42%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 102.71%, with the 5-day performance at 32.42% in the green. However, in the 30-day time frame, Bilibili Inc ADR (NASDAQ:BILI) is 71.56% up. Looking at the short shares, we see there were 18.23 million shares sold at short interest cover period of 3.34 days.

The consensus price target for the stock as assigned by Wall Street analysts is 18, meaning bulls need a downside of -37.06% from its recent market value. According to analyst projections, BILI’s forecast low is 14 with 139 as the target high. To hit the forecast high, the stock’s price needs a -463.44% plunge from its current level, while the stock would need to tank 43.25% for it to hit the projected low.

Bilibili Inc ADR (BILI) estimates and forecasts

Year-over-year growth is forecast to reach 20.00% up from the last financial year.

Consensus estimates given by 15 financial analysts project the company’s revenue in the current quarter to hit an average of 1.02B. 12 analysts are of the opinion that Bilibili Inc ADR’s revenue for the current quarter will be 1.07B. The company’s revenue for the corresponding quarters a year ago was 814.5M and 891.59M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 24.70%. The estimates for the next quarter sales put growth at 20.10%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -46.30%. The 2024 estimates are for Bilibili Inc ADR earnings to increase by 96.01%.

BILI Dividends

Bilibili Inc ADR is expected to release its next quarterly earnings report on 2024-Aug-22.

Bilibili Inc ADR (NASDAQ:BILI)’s Major holders

YIHENG CAPITAL MANAGEMENT, L.P. holds the second largest percentage of outstanding shares, with 3.0508% or 12.67 million shares worth $195.61 million as of 2024-06-30.