Bilibili (NASDAQ:BILI) Price Target Raised to $25.00 at Barclays

Bilibili (NASDAQ:BILI) had its target price hoisted by Barclays from $24.00 to $25.00 in a research report report published on Friday,Benzinga reports. They currently have an overweight rating on the stock.

Other equities research analysts have also issued reports about the company. Bank of America raised their price objective on Bilibili from $19.00 to $22.50 and gave the stock a “buy” rating in a research note on Friday, October 25th. Mizuho increased their price target on Bilibili from $17.00 to $21.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. Daiwa America upgraded Bilibili from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th. Benchmark upped their price objective on shares of Bilibili from $16.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Finally, Daiwa Capital Markets upgraded shares of Bilibili from a “neutral” rating to a “buy” rating in a report on Friday, November 8th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $20.33.

Bilibili Trading Up 3.2 %

Shares of NASDAQ BILI opened at $22.82 on Friday. Bilibili has a twelve month low of $9.63 and a twelve month high of $31.77. The firm has a 50-day moving average of $18.27 and a two-hundred day moving average of $18.58. The company has a market capitalization of $9.46 billion, a price-to-earnings ratio of -24.80 and a beta of 0.81.

Bilibili (NASDAQ:BILI) last released its earnings results on Thursday, February 20th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.05 billion. Bilibili had a negative net margin of 10.73% and a negative return on equity of 15.17%. As a group, research analysts predict that Bilibili will post -0.39 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Signaturefd LLC lifted its holdings in shares of Bilibili by 6.5% during the 3rd quarter. Signaturefd LLC now owns 9,731 shares of the company’s stock valued at $228,000 after buying an additional 598 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Bilibili by 26.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,528 shares of the company’s stock valued at $82,000 after acquiring an additional 735 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC lifted its stake in Bilibili by 3.3% in the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 23,109 shares of the company’s stock valued at $419,000 after acquiring an additional 749 shares during the last quarter. Blue Trust Inc. lifted its stake in Bilibili by 227.3% in the third quarter. Blue Trust Inc. now owns 1,283 shares of the company’s stock valued at $30,000 after acquiring an additional 891 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Bilibili by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 110,560 shares of the company’s stock worth $2,002,000 after acquiring an additional 1,140 shares in the last quarter. Hedge funds and other institutional investors own 16.08% of the company’s stock.

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.