Summary
- Bilibili Inc. (NASDAQ: BILI) is a stock that you should check out. It has seen a lot of trading volume during the last trading session of about 15.4 million shares. The BILI stock price is -70% from its 52-week high price at $157 per share and above its 52-week low price of $38 per share.
- The company has announced today that it will report its unaudited financial results for the second quarter of 2021 on August 19 before the U.S. market open. It is important to note that Bilibili rewarded its shareholders with a total shareholder return of about 158% over the last year.
- According to Market Beat, 9 Wall Street analysts have issued ratings and price targets for Bilibili in the last 12 months. Their average twelve-month price target is $102.13, predicting that the stock has a possible upside of 21%.
Bilibili Inc. (NASDAQ: BILI) is a stock that you should check out. It has seen a lot of trading volume during the last trading session of about 15.4 million shares. The BILI stock price is -70% from its 52-week high price at $157 per share and above its 52-week low price of $38 per share.
About Bilibili Inc. (NASDAQ: BILI)
Bilibili Inc. is a Chinese company founded in 2013 which represents an iconic brand and a leading video community for the new generation in China. Bilibili offers a wide array of video-based content with All the Videos You Like as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bond among them. It pioneered the ‘‘bullet chatting’’ feature, a live commenting function that has transformed the viewing experience by displaying thoughts and feelings of other audiences viewing the same video. It has now become the welcoming home of diverse cultures and interests and a destination for discovering cultural trends and phenomena for young generations in China.
The company has announced today that it will report its unaudited financial results for the second quarter of 2021 on August 19 before the U.S. market opens. It is important to note that Bilibili rewarded its shareholders with a total shareholder return of about 158% over the last year.
While the price today during the pre-market continues to decline it offers attractive entry points for investors. Why I say attractive? Continue reading and find analysts
Insiders own 18.59% of the company shares, while shares held by institutions stand at 46.95% with a share float percentage of 57.67%. Investors are also buoyed by the number of investors in a company, with Bilibili Inc. having a total of 497 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 10.79 million shares worth more than $925.07 million. As of Dec 30, 2020, FMR, LLC held 3.63% of shares outstanding.
The other major institutional holder is Alibaba Group Holding Ltd, with the holding of over 10.0 million shares as of Dec 30, 2020. The firm’s total holdings are worth over $857.2 million and represent 3.36% of shares outstanding.
According to Market Beat, 9 Wall Street analysts have issued ratings and price targets for Bilibili in the last 12 months. Their average twelve-month price target is $102.13, predicting that the stock has a possible upside of 21%. The high price target for BILI is $140.00 and the low price target for BILI is $50.00. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus rating of “Buy.”
According to other sources like Seeking Alpha, 24 analysts have a very bullish mood on the stock while the remaining 7 are bullish. None of them seem to be bearish, or even neutral.
Disclaimer – I/we have no position in any stock mentioned. I wrote this article myself, and it expresses my personal opinions. I am not receiving any compensation for it, other than FDGT Academy. I do not have or had in the past any business relationship with any company that is mentioned in the above article.
Natalia C. - Junior Analyst at FDGT Academy
I am a stock analyst/investor with prior experience and knowledge to BSc Accounting and Finance. After completing my degree and exposure to the accounting firms I decided that the direction I should choose is towards the Investment world. I completed my masters in Investment Management where it gave me solid fundamentals to build my career on. I have examined a lot of different aspects of investment, from REITS, derivatives, currencies, bonds, equity and hedge funds. I never stopped learning about the market which is why I can analyze and write articles for FDGT community always personally opinionated. My passion are green energy and electric vehicles stocks as a whole. I also had my share of analyzing the work form home stocks that are coming to take over in the upcoming years.
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