Bilibili Inc ADR (BILI) stock price forecast predicts $56.77 value

A share price of Bilibili Inc ADR [BILI] is currently trading at $11.53, up 3.32%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BILI shares have gain 7.36% over the last week, with a monthly amount glided 14.73%, and seem to be holding up well over a long-time horizon.

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On 29, March 2024, Bilibili Inc. Announces Completion of the Repurchase Right Offer for 1.375% Convertible Senior Notes due 2026. In a post published today on Yahoo Finance, Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it has completed its previously announced repurchase right offer relating to its 1.375% Convertible Senior Notes due 2026 (CUSIP No. 090040AB2) (the “Notes”). The repurchase right offer expired at 5:00 p.m., New York City time, on Thursday, March 28, 2024. Based on information from Deutsche Bank Trust Company Americas as the paying agent for the Notes, US$429,331,000 aggregate principal amount of the Notes were validly surrendered and not withdrawn prior to the expiration of the repurchase right offer. The aggregate cash purchase price of these Notes is US$429,331,000. The Company has accepted all of the surrendered Notes for repurchase and has forwarded cash in payment of the same to the paying agent for distribution to the applicable holders.

From an analyst’s perspective:

Bilibili Inc ADR [NASDAQ: BILI] stock has seen the most recent analyst activity on March 11, 2024, when JP Morgan upgraded its rating to a Neutral and also boosted its price target to $11 from $10. Previously, Citigroup downgraded its rating to Neutral on March 11, 2024, and dropped its price target to $12.50. On January 19, 2024, downgrade downgraded it’s rating to Neutral. UBS downgraded its rating to a Neutral and decreased its price target to $13.20 on December 04, 2023. Barclays downgraded its rating to a Underweight and reduced its price target to $10 on November 30, 2023. Nomura downgraded its rating to Neutral for this stock on November 29, 2023. In a note dated November 06, 2023, Mizuho initiated an Buy rating and provided a target price of $18 on this stock.

Bilibili Inc ADR experienced fluctuations in its stock price throughout the past year between $8.80 and $22.93. Currently, Wall Street analysts expect the stock to reach $56.77 within the next 12 months. Bilibili Inc ADR [NASDAQ: BILI] shares were valued at $11.53 at the most recent close of the market. An investor can expect a potential return of 392.37% based on the average BILI price forecast.

Analyzing the BILI fundamentals

Trailing Twelve Months sales for Bilibili Inc ADR [NASDAQ:BILI] were 3.18B which represents 1.76% growth. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.3 and Total Capital is -0.34. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.53.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.31 points at the first support level, and at 11.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.79, and for the 2nd resistance point, it is at 12.04.

Bilibili Inc ADR [BILI] reported earnings per share of -$0.19 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.22/share, meaning a difference of $0.03 and a surprise factor of 13.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.3 per share as compared to estimates of -$0.26 per share, a difference of -$0.04 representing a surprise of -15.40%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Bilibili Inc ADR [NASDAQ:BILI] is 1.03. In addition, the Quick Ratio stands at 1.02 and the Cash Ratio stands at 0.4. Considering the valuation of this stock, the price to sales ratio is 1.16, the price to book ratio is 1.87.

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