Wall Street expects a year-over-year increase in earnings on higher revenues when Bilibili (BILI) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 14. ...

SHANGHAI, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it will report its third quarter 2024 unaudited financial results on Thursday, November 14, 2024, before the open of U.S. markets. The Company’s management will host an earnings conference call at 7:00 AM U.S. Eastern Time on November 14, 2024 (8:00 PM Beijing/Hong Kong Time on November 14, 20 ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Bilibili (BILI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question. Bilibili is a member of the Computer and Technology sect ...

SHANGHAI, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (Nasdaq: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it is notifying holders of its 0.50% Convertible Senior Notes due 2026 (CUSIP No. 090040AF3) (the “Notes”) that, pursuant to the Indenture dated as of November 23, 2021 (the “Indenture”) relating to the Notes by and between the Company and Deutsche Bank Trust Company Americas, as trustee, each ...

Investment Rating - The report maintains a "Buy" rating for Bilibili (BILI US) with a target price of $25.00, indicating a potential upside of 23.1% from the current price of $20.31 [1][9]. Core Insights - The report slightly raises the revenue forecast for Q3 2024 by 1% to RMB 7.3 billion, representing a year-on-year growth of 26%, primarily driven by the performance of the game "Three Miao" [1]. - The expected gross margin is projected to increase by 9 and 4 percentage points year-on-year and quarter-on-quarter, respectively, to 34%, due to operational leverage and an increase in the proportion of game and advertising revenues [1]. - The game "Three Miao" is expected to generate over RMB 1.3 billion in revenue for Q3, leading to an upward adjustment of the game revenue forecast to RMB 1.9 billion for Q3 and RMB 5.6 billion for 2024, with year-on-year growth rates of 92% and 40%, respectively [1]. - Advertising and VAS revenue are expected to grow by 25% and 10% year-on-year, respectively, supported by improved advertising infrastructure and product iterations [1]. - The report anticipates a long-term profit margin normalization of 10-15% due to the stable performance of "Three Miao" and the launch of new games [1]. Financial Summary - Revenue projections for Bilibili are as follows: RMB 22.5 billion in 2023, RMB 26.9 billion in 2024 (19.2% growth), RMB 29.9 billion in 2025 (11.3% growth), and RMB 31.8 billion in 2026 (6.6% growth) [2][10]. - The net profit forecast shows a significant improvement, with expected losses of RMB 3.4 billion in 2023, narrowing to RMB 119 million in 2024, and turning profitable with RMB 1.8 billion in 2025 and RMB 2.8 billion in 2026 [2][10]. - The adjusted net profit is projected to be RMB 283 million in 2024, with a corresponding adjusted net profit margin of 4% [6][10]. Market Performance - Bilibili's stock has shown a significant range over the past 52 weeks, with a high of $29.66 and a low of $8.94, reflecting a market capitalization of approximately $6.55 billion [3][10]. - The stock's year-to-date performance indicates a strong recovery, with a notable increase compared to the MSCI China Index [3][9].

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Bilibili (BILI) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Bilibili is one of 621 companies in the Computer and Technology group. The Computer and Technology group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the ind ...

No rally, not even one pushed hard by the Chinese government, can last forever.The Great Chinese Stock Rally of 2024 seemed as if it had run its course by Thursday afternoon. Nevertheless, the big pops in prices of equities across that economy still left them in positive territory when compared to their levels at last Friday's market close.Investors piled into every conceivable sector, so we could have thrown a dart at a board full of U.S.-listed Chinese titles and hit all winners. According to data compile ...

Shares of Chinese tech and consumer names continued their vicious rally.Shares of Chinese tech leaders Tencent (TCEHY 4.93%), JD.com (JD 3.52%), and Bilibili (BILI 8.94%) rallied again today, up 4%, 3%, and 9.3%, respectively, as of 12:04 p.m. ET.Chinese stocks have been on a tear ever since last week's big stimulus announcements. But China stocks continued to rally this week, as each new day seemingly brings news of more stimulus measures, and Chinese stocks remain much cheaper than other markets around th ...

Shares of Bilibili Inc (BILI, Financial) surged 7.86% in mid-day trading on Oct 2. The stock reached an intraday high of $31.77, before settling at $28.83, up from its previous close of $26.73. This places BILI 9.25% below its 52-week high of $31.77 and 227.61% above its 52-week low of $8.80. Trading volume was 21,123,874 shares, 318.8% of the average daily volume of 6,627,065.Wall Street Analysts ForecastBased on the one-year price targets offered by 31 analysts, the average target price for Bilibili Inc ( ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...