Bilibili Inc. (NASDAQ:BILI) Receives $21.11 Consensus Price Target from Brokerages

Bilibili Inc. (NASDAQ:BILI) has been assigned an average rating of “Moderate Buy” from the thirteen analysts that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $21.11.

A number of analysts have recently weighed in on BILI shares. Barclays upped their target price on Bilibili from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Friday, February 21st. Nomura Securities cut shares of Bilibili from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, Benchmark raised their target price on shares of Bilibili from $24.00 to $30.00 and gave the company a “buy” rating in a report on Friday, February 21st.

Bilibili Trading Up 6.7 %

Shares of BILI stock opened at $15.88 on Monday. Bilibili has a 12-month low of $10.84 and a 12-month high of $31.77. The firm has a 50 day moving average price of $19.76 and a two-hundred day moving average price of $19.86. The company has a quick ratio of 1.05, a current ratio of 1.34 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $6.58 billion, a PE ratio of -35.29 and a beta of 0.95.

Bilibili (NASDAQ:BILI) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.05 billion. Bilibili had a negative return on equity of 8.23% and a negative net margin of 5.01%. As a group, analysts predict that Bilibili will post 0.16 earnings per share for the current year.

Institutional Trading of Bilibili

Hedge funds and other institutional investors have recently made changes to their positions in the company. Avior Wealth Management LLC boosted its position in Bilibili by 1,817.7% during the 4th quarter. Avior Wealth Management LLC now owns 1,515 shares of the company’s stock worth $27,000 after buying an additional 1,436 shares during the period. TD Private Client Wealth LLC acquired a new position in shares of Bilibili during the third quarter worth $53,000. Federated Hermes Inc. bought a new stake in shares of Bilibili in the fourth quarter worth $55,000. Blue Trust Inc. increased its holdings in Bilibili by 147.8% in the fourth quarter. Blue Trust Inc. now owns 3,179 shares of the company’s stock valued at $58,000 after purchasing an additional 1,896 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Bilibili by 26.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,528 shares of the company’s stock worth $82,000 after purchasing an additional 735 shares during the last quarter. 16.08% of the stock is currently owned by institutional investors.

About Bilibili

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.