US Cyber Weekend E-commerce Sales See 9% Growth- Report
Sea has accumulated a surge of 180% this year, and analysts expect a 7% upside potential in the next 12 months.
Gelonghui, December 2nd | Since the Singapore internet plus-related company Sea announced its third-quarter results, following the recovery of profitability in its e-commerce business, analysts have further raised their stock price expectations. This month, at least seven institutions, including morgan stanley and deutsche bank, have raised the target price for Sea Group's stocks, with the average target price having increased by 21% since the earnings report was released. Year-to-date, Sea's US stocks have risen by 180%, with a market cap increase of approximately 42 billion dollars. According to Bloomberg, analysts generally expect a further 7% upside for the stock in the next 12 months. Analysts estimate that this year, Sea's e-commerce platform Shopee(
Southeast Asia's "Little Tencent" Sea's e-commerce business has regained profitability! Wall Street is raising the target price.
Southeast Asia technology company Sea has regained profitability in the e-commerce sector, making analysts more bullish on its stock price. So far this year, its market cap has increased by $43 billion.
Southeast Asia's "little Tencent" has gained collective favor from Wall Street, with its market cap having nearly doubled this year.
① After Singapore's technology giant Sea Ltd. announced strong financial results, several Wall Street investment banks raised its target price, and Sea's ADR stock price has surged nearly 200% since the beginning of the year; ② Analysts expect Sea's adjusted net income to potentially double year-on-year this year, continuing to grow in 2025; ③ Future stock price catalysts include gaming collaborations with Tencent and developments in the cni xiangmi lake fintech index.
Turkey Prices Have Dropped, But Americans Are Cutting Back on Thanksgiving Feasts
Hot money is pouring into Southeast Asia, with etf reaching record highs! Which companies are currently in the limelight?
①It is the first ETF in China to invest in the pan-Southeast Asian technology industry, which has risen by more than 43% in the past year. ②The distribution of industry holdings includes non-essential consumer goods, technology, communications, and industry, with major holdings including "Southeast Asian version of 'Didi + Meituan + Alipay'" and "Southeast Asian Tencent". ③Brokerage points out that Southeast Asia continues to attract international industry transfers, high-speed development of the digital economy, and suggests focusing on these industry opportunities>>
Inflation Expected to Move Away From Target If Tariffs Happen -- Market Talk
Decision analysis: "Tariff Knight" is back! The US dollar is rising, and this mmf is suffering the most. The Federal Reserve's minutes are coming.
On Tuesday (November 26), President-elect Donald Trump of the usa announced that a 25% tariff will be imposed on all imported commodities from Canada and Mexico, with an additional 10% tariff on Chinese goods. As a result, the dollar significantly strengthened, while Asian stock markets gave back some of the gains from the previous trading day.
Investors Eye New PMI, Consumer Sentiment Data: Catalysts
Asian Equities Traded in the US as American Depositary Receipts Lower in Friday Trading, Higher for the Week
Loop Capital Maintains Sea(SE.US) With Buy Rating, Raises Target Price to $135
DBS Maintains Sea(SE.US) With Buy Rating, Maintains Target Price $126
Is Sea Limited's (NYSE:SE) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
This Kraft Heinz Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
Nvidia To Rally More Than 19%? Here Are 10 Top Analyst Forecasts For Tuesday
Sea Price Target Raised to $100.00/Share From $80.00 by Phillip Securities
Sea Cut to Reduce From Neutral by Phillip Securities
Phillip Securities Downgrades Sea to Reduce, Raises Price Target to $100
Sea Shares Are Trading Higher After Barclays Maintained an Overweight Rating on the Stock and Raised Its Price Target From $94 to $131.
Asian Equities Traded in the US as American Depositary Receipts Rise in Monday Trading