Bilibili Inc. (NASDAQ:BILI) Receives Average Rating of “Moderate Buy” from Analysts

Bilibili Inc. (NASDAQ:BILI) has received an average rating of “Moderate Buy” from the fourteen ratings firms that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $19.69.

Several equities analysts have recently commented on BILI shares. Bank of America increased their price target on shares of Bilibili from $19.00 to $22.50 and gave the stock a “buy” rating in a research report on Friday, October 25th. Barclays increased their price target on shares of Bilibili from $19.00 to $24.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Mizuho increased their price target on shares of Bilibili from $17.00 to $21.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Benchmark increased their price target on shares of Bilibili from $16.00 to $24.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Finally, Daiwa Capital Markets raised shares of Bilibili from a “neutral” rating to a “buy” rating in a research report on Friday, November 8th.

Hedge Funds Weigh In On Bilibili

A number of large investors have recently bought and sold shares of BILI. Avior Wealth Management LLC increased its stake in shares of Bilibili by 1,817.7% in the fourth quarter. Avior Wealth Management LLC now owns 1,515 shares of the company’s stock valued at $27,000 after purchasing an additional 1,436 shares during the period. Blue Trust Inc. increased its stake in shares of Bilibili by 227.3% in the third quarter. Blue Trust Inc. now owns 1,283 shares of the company’s stock valued at $30,000 after purchasing an additional 891 shares during the period. TD Private Client Wealth LLC acquired a new stake in shares of Bilibili in the third quarter valued at approximately $53,000. Federated Hermes Inc. acquired a new stake in shares of Bilibili in the fourth quarter valued at approximately $55,000. Finally, Venturi Wealth Management LLC acquired a new stake in shares of Bilibili in the third quarter valued at approximately $63,000. Institutional investors own 16.08% of the company’s stock.

Bilibili Price Performance

Shares of Bilibili stock opened at $22.11 on Friday. The business has a 50-day moving average of $18.21 and a 200-day moving average of $18.53. The company has a market capitalization of $9.16 billion, a PE ratio of -24.03 and a beta of 0.81. Bilibili has a 1-year low of $9.63 and a 1-year high of $31.77.

Bilibili (NASDAQ:BILI) last announced its earnings results on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. Bilibili had a negative return on equity of 15.17% and a negative net margin of 10.73%. On average, equities analysts expect that Bilibili will post -0.39 earnings per share for the current fiscal year.

Bilibili Company Profile

Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.