Bilibili Raised to Buy From Neutral by UBS
Bilibili Raised to Buy From Neutral by UBS
Bilibili Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/31/2024 25% UBS $11.9 → $18 Upgrades Neutral → Buy 05/24/2024 11.11% Benchmark $15 → $16 Maintains Buy
UBS Upgrades Bilibili to Buy Rating With $18 Price Target
Bilibili (BILI) has an average outperform rating and a price target range of $11 to $33.74, according to analysts polled by Capital IQ. Price: 14.32, Change: -0.10, Percent Change: -0.69
Changes in Hong Kong stocks | Bilibili-W (09626) rose more than 6%, and Furui expects the company to achieve adjusted operating loss balance in the third quarter
The Zhitong Finance App learned that Bilibili W (09626) rose more than 6% in early trading. As of press release, it had risen 6.33% to HK$114.1, with a turnover of HK$157 million. According to a report published by Jefferies, Bilibili's revenue for the second quarter is expected to increase 14% year over year to 6 billion yuan, of which mobile game revenue will increase 2% year over year; while online advertising revenue will increase 28% year over year to 2 billion yuan; gross margin is expected to increase by about 1 percentage point to 29% over the previous quarter, and adjusted operating losses will narrow by 62% to 354 million yuan. Taking into account the latest developments in Bilibili's first quarter results, the target price was raised by 13%
Game stock Pusheng Bilibili (09626) rose 5.95%, game versions continued to increase, and distributors expect the game market to show a growing trend
Jinwu Financial News | Gaming stocks rose 5.95%, Zengyu Technology (02660) rose 2.59%, IGG (00799) rose 2.31%, Tencent Holdings (00700) rose 1.79%, NetEase (09999) rose 1.15%, and Jinshan Software (03888) followed 0.75%. Wanlian Securities said that in 2024, game versions will continue to be increased, high-quality and popular new games from leading manufacturers will continue to be launched, leading products in overseas markets have performed well, and overseas revenue from games developed by China will remain stable. Overall, the game market is expected to show a growing trend
Express News | Bilibili : JP Morgan Raises Target Price to $14 From $11
[Broker Focus] China Merchants Securities maintains Bilibili's (09626) “increase in holdings” rating and is expected to achieve operating profit and loss balance in the second half of the year
Jinwu Financial News | According to China Merchants Securities Research Report, Bilibili (09626) released results for the first quarter of 2024, achieving revenue of 5.665 billion yuan, up 12% year on year, adjusted net loss of RMB 456 million, narrowing 56% year on year, gross profit of RMB 1,605 billion, up 45% year on year, gross profit margin of 28.3%, up 6.5 pct year on year, up 2.2 pcts month on month. The company's performance correction continues to advance steadily, and it is expected to achieve a break-even balance on the operating profit side in the second half of the year. According to the bank, the company community is ecologically healthy, the number of users is increasing steadily, and there are many agents in 2024
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Nomura Raises Bilibili's Price Target to $14 From $11.80, Maintains Neutral Rating
Nomura Raises Bilibili's Price Target to $14 From $11.80, Maintains Neutral Rating.
[Broker Focus] Changjiang Securities maintains Bilibili (09626) “buy” rating, indicating that Station B transforms high-quality community traffic into high-quality revenue growth
Jinwu Financial News | According to Changjiang Securities Research, Bilibili (09626) announced the 24Q1 financial report on May 23. Station B achieved revenue of 5.665 billion yuan, up 12% year on year; gross profit of 1,605 billion yuan, up 45% year on year; gross margin reached 28.3%, up 6.5 pct from 21.8% in the same period last year, and achieved a seventh consecutive quarter-on-month increase; non-GAAP net profit was a loss of 456 million yuan, a decrease of 56% year on year. According to the bank, Station B's 24Q1 advertising business revenue was 1,669 billion yuan, an increase of 31% over the previous year. Station B integrates and optimizes advertising production
[Broker Focus] Northeast Securities maintains Bilibili (09626) “buy” rating and is optimistic about the company's subsequent growth and improved ability to improve profits
Jinwu Financial News | According to Northeast Securities Research, 2024Q1 Bilibili (09626) achieved operating income of 5.665 billion yuan, yoy +12%, achieved adjusted operating profit of -512 million yuan, a year-on-year narrowing of 52%, and achieved adjusted net profit of -456 million yuan, a year-on-year narrowing of 56%. The corresponding adjusted net profit margin was -8.0%, yoy+12.3pcts. According to the bank, the company's 2024Q1 advertising revenue was 1.67 billion, yoy +31%. Among them, the growth rate of effective advertising was impressive. The company continued to improve advertising monetization efficiency through a number of measures, including increasing advertising inventory
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Bilibili Revenue Growth Set to Speed Up in 2Q -- Market Talk
0355 GMT - Bilibili is likely to see accelerated revenue growth in 2Q, driven by its advertising business, CCB International analysts Jessie Jing and Cathy Chan say in a research note. The video-shari
The Zephirin Group Adjusts Bilibili's Price Target to HK$90 From HK$86, Keeps at Sell
11:37 PM EDT, 05/27/2024 (MT Newswires) -- The Zephirin Group Adjusts Bilibili's Price Target to HK$90 From HK$86, Keeps at Sell Price (HKD): $112.70, Change: $+0.40, Percent Change: +0.36%
Bilibili on Track for Adjusted Operating Profit Breakeven in 3Q -- Market Talk
Bilibili seems to be on track to reach adjusted operating profit breakeven in 3Q, Deutsche Bank analyst Leo Chiang says in a research note.
Bilibili ADR Target Price Raised to US$18.00 From US$16.00 by Deutsche Bank >BILI
Bilibili ADR Target Price Raised to US$18.00 From US$16.00 by Deutsche Bank >BILI
SciNet shares, Pusheng Ali Health (00241), rose 12.05%, and UBS's views on Chinese stocks turned positive, favoring Technet stocks, etc.
Jinwu Financial News | SciNet stocks rose 12.05%, JD Health (06618) rose 5.15%, Shell (02423) rose 2.5%, Baidu (09888) rose 1.22%, followed by Tencent (00700), Bilili (09626), and Alibaba (09988).
Bilibili Likely to Post Higher-Than-Expected Earnings, Revenue -- Market Talk
0838 GMT - Bilibili is likely to post higher-than expected earnings and revenue in the next two years on a better outlook for ad and game revenue, HSBC analysts say in a research note.
[Broker Focus] Western Securities maintains Bilibili (09626) “buy” rating, indicating that the launch of new products is expected to drive the game business revenue to resume growth
Jinwu Financial News | According to the Western Securities Research Report, Bilibili (09626) released results for the first quarter of 2024. During the reporting period, it achieved net revenue of 5.665 billion yuan, an increase of 12% over the previous year; adjusted net loss was 456 million yuan, 56% narrower than the same period last year. The bank mentioned that as the performance of some old games weakened, 1Q24's mobile game business achieved a 13% year-on-year decline in revenue to 983 million yuan. Looking ahead to the whole year, for existing game companies, the company will deepen operations and extend the life cycle of classic products. For new games, the company exclusively represents the games “Things Are New” and “Three Kingdoms: Seek the World”, respectively
[Hong Kong Stock Connect] Bilibili (09626) rose more than 4%. Institutions say stabilizing the game business and improving gross margin will be the focus of future attention
Jinwu Financial News | Bilibili (09626) bottomed out in early trading and rose in the afternoon. As of press release, it rose 4.7% to HK$111.3, with a turnover of HK$358 million. According to the China Financial Services Report, Bilibili's revenue for the first quarter was 5.665 billion yuan, up 11.7% year-on-year, which was basically in line with expectations; the non-GAAP net loss of 440 million yuan was also better than expected, mainly due to effective cost, management and R&D cost control. Considering revenue elasticity and expense investment in the game business, the bank raised non-GAAP net profit by 4.6% to $2.156 billion in 2025. The current Hong Kong stock and
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