Jefferies Sticks to Their Buy Rating for Bilibili, Inc. Class Z (9626)

Jefferies analyst reiterated a Buy rating on Bilibili, Inc. Class Z yesterday and set a price target of HK$267.00. The company’s shares opened today at HK$216.20.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Currently, the analyst consensus on Bilibili, Inc. Class Z is a Moderate Buy with an average price target of HK$228.67, representing a 5.77% upside. In a report released on September 30, Goldman Sachs also maintained a Buy rating on the stock with a HK$234.00 price target.

Based on Bilibili, Inc. Class Z’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$7.34 billion and a net profit of HK$219 million. In comparison, last year the company earned a revenue of HK$6.13 billion and had a GAAP net loss of HK$608.7 million