Wall Street Analyst Upgrade Bilibili Inc ADR [BILI]. What else is Wall St. saying

GFAI Stock

Bilibili Inc ADR [NASDAQ: BILI] traded at a high on Wednesday, posting a 6.36 gain after which it closed the day’ session at $18.73.

The results of the trading session contributed to over 11151578 shares changing hands. Over the past one week, the price volatility of Bilibili Inc ADR stands at 3.96% while the volatility over the past one month is 4.13%.

The market cap for BILI stock reached $6.10 billion, with 330.42 million shares outstanding and 325.70 million shares in the current float. Compared to the average trading volume of 5.39M shares, BILI reached a trading volume of 11151578 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Bilibili Inc ADR [BILI]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BILI shares is $23.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BILI stock is a recommendation set at 1.46. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Daiwa Securities have made an estimate for Bilibili Inc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 08, 2024. The new note on the price target was released on October 03, 2024, representing the official price target for Bilibili Inc ADR stock. Previously, the target price had yet another raise from $16.50 to $22.60, while Goldman kept a Buy rating on BILI stock. On September 25, 2024, analysts increased their price target for BILI shares from 15 to 20.

The Average True Range (ATR) for Bilibili Inc ADR is set at 0.91, with the Price to Sales ratio for BILI stock in the period of the last 12 months amounting to 1.73. The Price to Book ratio for the last quarter was 3.96, with the Price to Cash per share for the same quarter was set at 6.69.

How has BILI stock performed recently?

Bilibili Inc ADR [BILI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.97. With this latest performance, BILI shares gained by 16.34% in over the last four-week period, additionally plugging by 38.84% over the last 6 months – not to mention a rise of 89.57% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BILI stock in for the last two-week period is set at 57.58, with the RSI for the last a single of trading hit 62.28, and the three-weeks RSI is set at 54.11 for Bilibili Inc ADR [BILI]. The present Moving Average for the last 50 days of trading for this stock 18.24, while it was recorded at 18.25 for the last single week of trading, and 17.36 for the last 200 days.

Bilibili Inc ADR [BILI]: Deeper insight into the fundamentals

Bilibili Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.05 and a Current Ratio set at 1.05.

Insider trade positions for Bilibili Inc ADR [BILI]

The top three institutional holders of BILI stocks are: YIHENG CAPITAL MANAGEMENT, L.P. with ownership of 23.32 million shares, which is approximately 5.6149%. YIHENG CAPITAL MANAGEMENT, L.P., holding 12.67 million shares of the stock with an approximate value of $$195.61 million in BILI stocks shares; and YIHENG CAPITAL MANAGEMENT, L.P., currently with $$109.16 million in BILI stock with ownership which is approximately 1.7025%.