Equities researchers at Sanford C. Bernstein assumed coverage on shares of Bilibili (NASDAQ:BILI - Get Free Report) in a note issued to investors on Tuesday, MarketBeat.com reports. The firm set an "outperform" rating and a $28.00 price target on the stock. Sanford C. Bernstein's price objective points to a potential upside of 28.95% from the company's previous close.
A number of other research analysts have also recently issued reports on BILI. Hsbc Global Res upgraded shares of Bilibili to a "strong-buy" rating in a report on Wednesday, May 21st. HSBC upgraded shares of Bilibili from a "hold" rating to a "buy" rating and boosted their price target for the stock from $21.50 to $22.50 in a report on Wednesday, May 21st. Finally, Wall Street Zen upgraded shares of Bilibili from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Bilibili presently has an average rating of "Buy" and a consensus price target of $23.29.
Read Our Latest Stock Analysis on BILI
Bilibili Trading Down 3.8%
NASDAQ BILI traded down $0.86 during mid-day trading on Tuesday, reaching $21.71. 1,283,381 shares of the stock were exchanged, compared to its average volume of 5,985,512. Bilibili has a one year low of $12.72 and a one year high of $31.77. The stock has a 50 day simple moving average of $19.40 and a 200-day simple moving average of $18.86. The stock has a market cap of $9.08 billion, a P/E ratio of -108.41 and a beta of 0.91. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.36 and a quick ratio of 1.36.
Hedge Funds Weigh In On Bilibili
A number of large investors have recently bought and sold shares of the business. SVB Wealth LLC acquired a new stake in Bilibili in the first quarter valued at approximately $31,000. Federated Hermes Inc. acquired a new stake in shares of Bilibili during the fourth quarter worth $55,000. FNY Investment Advisers LLC purchased a new position in shares of Bilibili during the first quarter worth $57,000. Brooklyn Investment Group raised its holdings in shares of Bilibili by 10,989.7% during the first quarter. Brooklyn Investment Group now owns 3,216 shares of the company's stock worth $61,000 after purchasing an additional 3,187 shares during the last quarter. Finally, Banque Transatlantique SA purchased a new position in shares of Bilibili during the first quarter worth $80,000. Institutional investors own 16.08% of the company's stock.
About Bilibili
(
Get Free Report)
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.
See Also
Before you consider Bilibili, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bilibili wasn't on the list.
While Bilibili currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
