#1 - Bilibili (NASDAQ:BILI)
Bilibili Inc. (NASDAQ: BILI) is a Chinese social media and entertainment company. It offers a range of digital content, advertising services, IP derivatives and other activities, such as business and technology development.
The company is also involved in e-sports through its Bilibili Gaming division, which was formed in 2017 when it became part of the League of Legends. The Bilibili Gaming team recently reached the finals of the League of Legends Mid-Season Invitational 2024
This event is likely what has fueled the interest in BILI stock. Bilibili will also report its quarterly earnings on May 23, 2024.
BILI stock is up 37% in 2024. However, the Bilibili analyst ratings on MarketBeat indicate a pullback may be coming. The average rating of Hold is supported by a price target of $15.37, which is a 4.97% decline from its price on May 20, 2024.
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.
Read More - Current Price
- $22.92
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 11 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $17.83 (22.2% Downside)
