Let’s Discuss The Bilibili Inc ADR (NASDAQ: BILI) Stock Forecast.

In recent trading session today, 5.84 million shares of the Bilibili Inc ADR (NASDAQ:BILI) have been traded, and its beta is 0.83. Most recently the company’s share price was $22.84, and it changed around -$3.62 or -13.68% from the last close, which brings the market valuation of the company to $7.34B. BILI at last check was trading at a discount to its 52-week high of $31.77, offering almost -39.1% off that amount. The share price’s 52-week low was $8.80, which indicates that the recent value has risen by an impressive 61.47% since then. We note from Bilibili Inc ADR’s average daily trading volume that its 10-day average is 19.24 million shares, with the 3-month average coming to 7.27 million.

Bilibili Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.56. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended BILI as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.

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Bilibili Inc ADR (NASDAQ:BILI) trade information

Instantly BILI has been showing red trend so far today with a performance of -13.68% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 31.77 on recent trading dayincreased the stock’s daily price by 28.11%. The company’s shares are currently up 87.67% year-to-date, but still down -14.55% over the last five days. On the other hand, Bilibili Inc ADR (NASDAQ:BILI) is 51.16% up in the 30-day period. We can see from the shorts that 18.23 million shares have been sold at a short interest cover period of 3.34 day(s).

The consensus price target as assigned by Wall Street analysts is $18, which translates to bulls needing to decrease their stock price by -26.89% from its current value. Analyst projections state that BILI is forecast to be at a low of $14 and a high of $139.

Bilibili Inc ADR (BILI) estimates and forecasts

Bilibili Inc ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 91.45 percent over the past six months and at a 101.71% annual growth rate that is well above the industry average of 4.60%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -46.30%. Bilibili Inc ADR earnings are expected to increase by 96.01% in 2024, but the outlook is positive 4.73% per year for the next five years.

BILI Dividends

Bilibili Inc ADR’s next quarterly earnings report is expected to be released on 2024-Aug-22.

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

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

Fidelity Series Emerging Markets Opportunities Fund and PGIM Jennison Emerging Markets Equity Opportunities Fd were the top two Mutual Funds as of Aug 31, 2024. The former held 1.06 shares worth $24.05 million, making up 0.32% of all outstanding shares. On the other hand, PGIM Jennison Emerging Markets Equity Opportunities Fd held roughly 492.0 shares worth around $11.16 million, which represents about 0.15% of the total shares outstanding.