Ncard
Search documents
哔哩哔哩 - 前景稳健,但仍未达到市场的高预期
2025-11-14 05:14
November 13, 2025 05:31 PM GMT Bilibili Inc | Asia Pacific Solid Outlook, Still Shy of Market's High Expectation | What's Changed | | | | --- | --- | --- | | Bilibili Inc (BILI.O) | From | To | | Price Target | US$23.00 | US$25.00 | Despite a 3Q profit beat, slightly better ads momentum, and the success of its Duckov game, management did not guide up 4Q25 financials, restrained by San Mou's seasonality. The early look for 2026 points to our below-consensus forecast. 4Q25 guidance looks shy of buy side's rec ...