Ge Long Hui·2025-11-14 09:19Core Insights - Bilibili (BILI.US) shares rose over 3.3% pre-market, trading at $26.75 following the release of its Q3 earnings report [1] - The company's Q3 revenue reached 7.69 billion yuan, representing a year-on-year growth of 5% [1] - Adjusted net profit for the quarter was 786 million yuan, showing a significant year-on-year increase of 233% [1] Revenue Breakdown - Advertising revenue for the period was 2.57 billion yuan, reflecting a year-on-year growth of 23% [1] User Metrics - Key user metrics reached new highs, with Daily Active Users (DAU) increasing by 9% to 117 million [1] - Monthly Active Users (MAU) grew by 8% to 376 million [1] - Monthly paying users rose by 17% to 35 million [1] Analyst Reactions - Major investment banks including Morgan Stanley, Citigroup, and others raised their target prices for Bilibili following the earnings report [1] - Morgan Stanley increased its target price from $23 to $25 and raised its 2025 earnings forecast by 14% [1] - Citigroup adjusted its target price from $25 to $27, with earnings estimates for 2025 to 2027 raised by 7%, 9%, and 9% respectively [1] - Jefferies raised its target price from $25.5 to $29.1 while maintaining an "Outperform" rating [1]