Bilibili Inc ADR (BILI) stock forecast: Can it reach its 52-week high of $18.19

Bilibili Inc ADR [BILI] stock prices are up 1.47% to $14.47 at the moment. 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 3.73% over the last week, with a monthly amount drifted -4.36%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Bilibili Inc ADR [NASDAQ: BILI] stock has seen the most recent analyst activity on August 23, 2024, when Barclays upgraded its rating to a Overweight and also boosted its price target to $19 from $14. Previously, Nomura upgraded its rating to Buy on August 22, 2024, and kept the price target unchanged to $18. On August 22, 2024, upgrade upgraded it’s rating to Outperform. JP Morgan upgraded its rating to a Overweight but stick to its price target of $21 on June 20, 2024. UBS upgraded its rating to a Buy and raised its price target to $18 on May 31, 2024. Barclays upgraded its rating to Equal Weight for this stock on May 24, 2024, and upped its price target to $14. In a note dated May 10, 2024, CLSA upgraded an Buy rating on this stock.

The stock price of Bilibili Inc ADR [BILI] has been fluctuating between $8.80 and $18.19 over the past year. Currently, Wall Street analysts expect the stock to reach $38.58 within the next 12 months. Bilibili Inc ADR [NASDAQ: BILI] shares were valued at $14.47 at the most recent close of the market. An investor can expect a potential return of 166.62% based on the average BILI price forecast.

Analyzing the BILI fundamentals

The Bilibili Inc ADR [NASDAQ:BILI] reported sales of 3.31B for trailing twelve months, representing a surge of 11.97%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.28 and Total Capital is -0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.

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 14.28 points at the first support level, and at 14.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.62, and for the 2nd resistance point, it is at 14.78.

Ratios To Look Out For

It’s worth pointing out that Bilibili Inc ADR [NASDAQ:BILI]’s Current Ratio is 1.02. In addition, the Quick Ratio stands at 1.02 and the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 1.40, the price to book ratio is 5.10.

Related Posts