Sea Limited upgraded by JP Morgan with a new price target
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JP Morgan upgraded Sea Limited from Neutral to Overweight and set a new price target of $70.00 from $43.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/14/2024 | $66.00 → $90.00 | Neutral → Overweight | JP Morgan |
| 6/25/2024 | $84.00 → $78.00 | Overweight → Neutral | JP Morgan |
| 5/15/2024 | $60.00 | Hold | Deutsche Bank |
| 4/24/2024 | $59.00 → $92.00 | Hold → Buy | Loop Capital |
| 4/22/2024 | $65.00 → $70.00 | Equal-Weight → Overweight | Morgan Stanley |
| 4/22/2024 | $62.00 → $70.00 | Neutral → Buy | BofA Securities |
| 3/5/2024 | $43.00 → $70.00 | Neutral → Overweight | JP Morgan |
| 2/21/2024 | $42.00 → $40.00 | Neutral | JP Morgan |
Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the third quarter ended September 30, 2024. "I'm happy to report that it has been another solid quarter. We are seeing high growth across all our three businesses," said Forrest Li, Sea's Chairman and Chief Executive Officer. Referring to the growth of our three businesses, he said, "Shopee is on track to deliver our full year guidance of mid-twenties year-on-year GMV growth. SeaMoney's loan book grew by over 70% year-on-year this quarter, while maintaining a stable NPL ratio. And for Garena, we now expect Free Fire's full year bookings to grow over 30% year-on-year." On profitability, Mr. Li said
Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its third quarter 2024 results before the U.S. market opens on November 12, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the third quarter 2024 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on November 12, 2024 8:30 PM Singapore / Hong Kong Time on November 12, 2024 Webcast link: https://events.q4inc.com/attendee/114734356 A replay of the conference call will be available at the Company's investor relations website
Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the second quarter ended June 30, 2024. "I'm happy to report that it has been a solid quarter for us, with our strong momentum from Q1 continuing into Q2. All three of our businesses have shown both strong growth and higher profitability," said Forrest Li, Sea's Chairman and Chief Executive Officer. On Shopee's 2024 outlook, he said, "With the strong results delivered in the first half and our outlook for the rest of the year, we expect that Shopee will become adjusted EBITDA positive from the third quarter. We are also revising up our guidance for Shopee's 2024 full year GMV growth to mid-20%." O
JP Morgan upgraded Sea Limited from Neutral to Overweight and set a new price target of $90.00 from $66.00 previously
JP Morgan downgraded Sea Limited from Overweight to Neutral and set a new price target of $78.00 from $84.00 previously
Deutsche Bank resumed coverage of Sea Limited with a rating of Hold and set a new price target of $60.00
6-K - Sea Ltd (0001703399) (Filer)
6-K - Sea Ltd (0001703399) (Filer)
6-K - Sea Ltd (0001703399) (Filer)
Citigroup analyst Alicia Yap maintains Sea (NYSE:SE) with a Buy and lowers the price target from $81 to $80.
Analysts' ratings for Sea (NYSE:SE) over the last quarter vary from bullish to bearish, as provided by 13 analysts. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 3 4 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 2 0 0 2M Ago 1 0 0 0 0 3M Ago 4 3 2 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $78.77, a high estimate of $94.00, and a low estimate of $60.00. This current average has increased by 6.58% from the previous average price target of $73.91. Un
B of A Securities analyst Sachin Salgaonkar maintains Sea (NYSE:SE) with a Buy and raises the price target from $75 to $77.
SC 13G/A - Sea Ltd (0001703399) (Subject)
SC 13G/A - Sea Ltd (0001703399) (Subject)
SC 13G - Sea Ltd (0001703399) (Subject)
Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the third quarter ended September 30, 2024. "I'm happy to report that it has been another solid quarter. We are seeing high growth across all our three businesses," said Forrest Li, Sea's Chairman and Chief Executive Officer. Referring to the growth of our three businesses, he said, "Shopee is on track to deliver our full year guidance of mid-twenties year-on-year GMV growth. SeaMoney's loan book grew by over 70% year-on-year this quarter, while maintaining a stable NPL ratio. And for Garena, we now expect Free Fire's full year bookings to grow over 30% year-on-year." On profitability, Mr. Li said
Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its third quarter 2024 results before the U.S. market opens on November 12, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the third quarter 2024 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on November 12, 2024 8:30 PM Singapore / Hong Kong Time on November 12, 2024 Webcast link: https://events.q4inc.com/attendee/114734356 A replay of the conference call will be available at the Company's investor relations website
Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the second quarter ended June 30, 2024. "I'm happy to report that it has been a solid quarter for us, with our strong momentum from Q1 continuing into Q2. All three of our businesses have shown both strong growth and higher profitability," said Forrest Li, Sea's Chairman and Chief Executive Officer. On Shopee's 2024 outlook, he said, "With the strong results delivered in the first half and our outlook for the rest of the year, we expect that Shopee will become adjusted EBITDA positive from the third quarter. We are also revising up our guidance for Shopee's 2024 full year GMV growth to mid-20%." O