Streetbeat News

BILI

Bilibili Inc.

https://www.bilibili.com

Industry

Electronic Gaming & Multimedia

Bilibili Inc. provides online entertainment services for the young generations in the People's Republic of China. Its platform offers a range of content, including video services, mobile games, and value-added service, as well as ACG-related comic and audio content. The company's video services include professional user generated videos, occupationally generated videos, and live broadcasting. Bilibili Inc. was founded in 2009 and is headquartered in Shanghai, the People's Republic of China.

Open

18.84

Mkt cap

7.6B

Volume

7.5M

High

18.95

P/E Ratio

-13.76

52-wk high

31.77

Low

18.06

Div yield

N/A

52-wk low

8.80

Chinese stocks are experiencing an upswing due to reports that China may implement a stock market rescue package, which could bolster investor confidence and stabilize the market.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 3:11 pm

In Monday's pre-market session, several communication services stocks experienced significant movements. Lytus Technologies Holdings (LYT) saw a 34.1% increase, while Gaxos.AI (GXAI) declined by 7.1%. Other notable gainers include Grom Social Enterprises (GROM), Hanryu Holdings (HRYU), GD Culture Group (GDC), Ucloudlink Group (UCL), and Rumble (RUM). On the losing side, Asset Entities (ASST), So-Young Intl (SY), Bilibili (BILI), LQR House (LQR), and Baidu (BIDU) saw their stock prices fall.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 1:06 pm

Bilibili (NASDAQ:BILI) received mixed analyst ratings in the latest quarter, with 5 analysts providing evaluations. The average 12-month price target is $15.16, a 29.42% decrease from the previous $21.48. All five analysts lowered their price targets, reflecting changes in market conditions and company performance. Bilibili is a Chinese online entertainment platform with revenue growth of 0.2% as of September 30, 2023, but below the Communication Services sector average. The company has a high net margin of -23.28% and an ROE of -8.45%, indicating strong financial health despite its smaller market capitalization.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 6:01 pm

Mizuho analyst James Lee has maintained a Buy rating on Bilibili (NASDAQ:BILI) but has reduced the price target from $18 to $16.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:27 pm

US-listed Chinese stocks are trading lower due to potential concerns over US-China tensions, triggered by reports of Baidu's large language model being linked to military research in China.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 5:57 pm

In Thursday's pre-market session, several stocks are moving higher despite mixed U.S. stock futures, with the Dow Jones futures down about 40 points. Altice USA, Inc. (ATUS) saw a significant rise of 14.4% after a 12% gain on Wednesday. TeraWulf Inc. (WULF) continued its upward trend with a 10.8% increase following a 30% gain. Nurix Therapeutics, Inc. (NRIX), HIVE Digital Technologies Ltd. (HIVE), and Bit Digital, Inc. (BTBT) all saw pre-market gains, with BTBT rising due to an expansion of its Bitcoin mining fleet and a surge in Bitcoin's price. Cipher Mining Inc. (CIFR) also benefited from the Bitcoin price increase, rising 6.3%. Bilibili Inc. (BILI), Bitdeer Technologies Group (BTDR), and Maxeon Solar Technologies, Ltd. (MAXN) each saw pre-market gains of around 4.9%.

Portfolio Pulse from Avi Kapoor

December 28, 2023 | 10:41 am

China's National Press and Publication Administration's new draft rules targeting gaming practices have led to a significant market selloff, with major companies like Tencent, NetEase, and Bilibili experiencing a plunge in share prices. UBS analyst Kenneth Fong warns that smaller developers could face greater challenges under these regulations, which could also reduce online advertising revenue. Despite this, China approved 105 new online games, indicating potential industry growth.

Portfolio Pulse from Benzinga Neuro

December 26, 2023 | 2:14 am

In Monday's pre-market session, several communication services stocks experienced significant movements. NextPlay Technologies (NXTP) saw a substantial increase of 126.0%, while comScore (SCOR) faced a drastic decrease of 95.2%. Other notable gainers include Asset Entities (ASST), Abits Group (ABTS), Brera Holdings (BREA), Loop Media (LPTV), and Lions Gate Enter (LGF). On the losing side, alongside comScore, were NetEase (NTES), Kore Group Holdings (KORE), HUYA (HUYA), Grom Social Enterprises (GROM), and Bilibili (BILI).

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 1:06 pm

In Friday's pre-market session, several communication services stocks experienced significant movements. Gainers included Asset Entities, Collective Audience, Abits Group, Surgepays, and Lions Gate Enter, with increases ranging from 6.88% to 28.5%. Conversely, NetEase, Kore Group Holdings, HUYA, Bilibili, Treasure Global, and Tencent Music Enter Gr faced declines between 6.33% and 21.2%. Market capitalizations were also highlighted for each company.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 1:07 pm

US-listed Chinese stocks are down due to new draft rules in China targeting online gaming expenditure, affecting gaming and internet-related stocks.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 11:17 am

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