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

At the time of writing, Bilibili Inc ADR [BILI] stock is trading at $14.61, up 1.60%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BILI shares have gain 2.45% over the last week, with a monthly amount drifted -5.74%, and not seem to be holding up well over a long-time horizon.

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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.

For the past year, the stock price of Bilibili Inc ADR fluctuated between $8.80 and $18.19. 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 $14.61 at the most recent close of the market. An investor can expect a potential return of 164.07% based on the average BILI price forecast.

Analyzing the BILI fundamentals

According to Bilibili Inc ADR [NASDAQ:BILI], the company’s sales were 3.31B for trailing twelve months, which represents an 11.97% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.

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 14.14 points at the first support level, and at 13.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.01, and for the 2nd resistance point, it is at 15.42.

Ratios To Look Out For

It is important to note that Bilibili Inc ADR [NASDAQ:BILI] has a current ratio of 1.02. Further, the Quick Ratio stands at 1.02, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 1.42, the price to book ratio is 5.15.

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