Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>BofAS Trims BILIBILI-W (09626.HK) TP to $242, Reaffirms Buy Rating
Recommend 0 Positive 0 Negative 0 |
||||
|
||||
|
BILIBILI-W (09626.HK)'s faster organic user growth and time spent growth YTD without heavy marketing expenses was under appreciated by the market, BofA Securities wrote in its research report. As the arduous situation in online gaming tapered off and the potential for ads monetization became evident, the company was expected to keep recording industry-leading EPS growth between 2025 and 2027. The broker adjusted its forecast for Bilibili's adjusted net income from 2025 to 2027, ranging from a decrease of 3% to an increase of 7%, reflecting an upward revision in interest income forecasts but a downward adjustment in ads revenue forecasts. The broker reaffirmed Buy for Bilibili (BILI.US) on the US stock market, cutting the target price from USD32 to USD31, while the Hong Kong stock target price was reduced from HKD253 to HKD242. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
