No Data
Express News | Bilibili has launched all the content of the Spring Festival Gala from the past 42 years and will live-stream the gala for the first time.
Citi has lowered the Target Price for Bilibili (BILI.US) to $20.5, expecting last quarter's revenue and adjusted earnings to meet expectations.
Citigroup published a research report indicating that Bilibili (BILI.US) is expected to meet revenue and adjusted profit expectations for the last quarter. Among them, Gaming revenue may remain relatively stable on a quarterly basis, while the growth momentum of advertising may slightly slow down due to competition. The firm stated that entering 2025, Bilibili's revenue contributions from Gaming and advertising are expected to rise, anticipating an annual adjusted profit of 1.9 billion yuan. However, the Lunar New Year may lead to additional marketing expenses, dragging down profit performance in the first quarter, therefore the firm has lowered the group's earnings forecast for this year by 4%, and the Target Price has been adjusted from $22 to $20.5, maintaining a 'Neutral' rating.
Research Reports Mining|CICC: Maintain Bilibili's "Outperform Industry" rating, expecting ad revenue to sustain healthy growth.
Gelonghui, January 23|CICC issued a Research Report stating that Bilibili will release its fourth quarter performance for last year in March. It is predicted that fourth quarter advertising revenue will increase by 24% year-on-year, and value-added service revenue is expected to grow by 5.2%. The focus game 'Three Kingdoms: Strategic Mastery' began its fourth season in November last year, which is forecasted to drive game revenue growth by 78% year-on-year. Looking ahead, CICC expects advertising revenue to maintain healthy growth, with attention on the stability of the domestic version of 'Three Kingdoms: Strategic Mastery' and the progress of the overseas version launch. CICC currently maintains its profit forecast for Bilibili in 2024, keeps the 'outperform Industry' rating, and sets the Target Price at 1.
Citi Maintains Bilibili(BILI.US) With Hold Rating, Cuts Target Price to $20.5
Express News | Bilibili is intensifying its e-commerce layout, upgrading its previous merchant backend management platform from 'Bilibili Workshop' to 'Bilibili Shop.'
In the "Large Enterprises" report, CICC lowered the Target Price for Bilibili (09626.HK) to 174 yuan, focusing on the continued earnings flexibility.
CICC released a Research Report stating that Bilibili (09626.HK) will release its fourth quarter results from last year in March, forecasting that fourth quarter advertising revenue will grow 24% year-on-year, and value-added service revenue is expected to grow by 5.2%. The focus game 'Three Kingdoms: Planning the World' has already started its fourth season in November last year, and it is predicted to drive gaming revenue to grow 78% year-on-year. Looking ahead, CICC expects advertising revenue to maintain healthy growth, paying attention to the stability of the domestic version's revenue of 'Three Kingdoms: Planning the World' as well as the progress of the overseas version's launch. Bilibili earlier announced that it has become the exclusive bullet screen video platform for CCTV's Spring Festival Gala in 2025, which CICC expects will lead to this.