Bilibili Inc ADR (NASDAQ: BILI) Fell -14.36% From Highs, What Does The Future Hold?

Bilibili Inc ADR (NASDAQ:BILI)’s traded shares stood at 8.01 million during the latest session, with the company’s beta value hitting 0.82. At the last check today, the stock’s price was $27.78, to imply a decrease of -6.34% or -$1.88 in intraday trading. The BILI share’s 52-week high remains $31.77, putting it -14.36% down since that peak but still an impressive 68.32% since price per share fell to its 52-week low of $8.80. The company has a valuation of $8.93B, with an average of 15.12 million shares in intraday trading volume over the past 10 days and average of 6.71 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Bilibili Inc ADR (BILI), translating to a mean rating of 1.54. Of 11 analyst(s) looking at the stock, 0 analyst(s) give BILI a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.09.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Bilibili Inc ADR (NASDAQ:BILI) trade information

After registering a -6.34% downside in the latest session, Bilibili Inc ADR (BILI) has traded red over the past five days. The 5-day price performance for the stock is 31.72%, and 84.84% over 30 days. With these gigs, the year-to-date price performance is 128.27%. Short interest in Bilibili Inc ADR (NASDAQ:BILI) saw shorts transact 18.23 million shares and set a 3.34 days time to cover.

The extremes give us $14 and $139 for target low and target high price respectively. As such, BILI has been trading -400.36% off suggested target high and 49.6% from its likely low.

Bilibili Inc ADR (BILI) estimates and forecasts

Looking at statistics comparing Bilibili Inc ADR share performance against respective industry, we note that the company has outperformed competitors. Bilibili Inc ADR (BILI) shares are 151.18% up over the last 6 months, with its year-to-date growth rate higher than industry average at 101.71% against 4.50%. Revenue is forecast to grow 130.00% this quarter before jumping 163.20% for the next one. The rating firms project that company’s revenue will grow 19.70% compared to the previous financial year.

Revenue forecast for the current quarter as set by 15 analysts is 1.01B. Meanwhile, for the current quarter, a total of 12 analyst(s) estimate revenue growth to 1.07B.Earnings reports from the last fiscal year show that sales brought in 814.5M and 891.59M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 24.30% before jumping 19.80% in the following quarter.

BILI Dividends

Bilibili Inc ADR has its next earnings report out on 2024-Aug-22. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

The next major institution holding the largest number of shares is YIHENG CAPITAL MANAGEMENT, L.P. with 12.67 million shares, or about 3.0508% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $195.61 million.