Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It provides Garena digital entertainment platform for users to access mobile and PC online games, as well as eSports operations; and access to other entertainment content, such as livestreaming of gameplay and social features, such as user chat and online forums. The company also operates Shopee e-commerce platform, a mobile-centric marketplace that offers integrated payment and logistics infrastructure and seller services. In addition, it offers SeaMoney digital financial services to individuals and businesses, including mobile wallet and payment services AirPay, ShopeePay, SPayLater, and other digital financial services brands; and payment processing services for Shopee. The company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in April 2017. Sea Limited was incorporated in 2009 and is headquartered in Singapore.
IPO Year: 2017
Exchange: NYSE
Website: sea.com
| 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 |
| 2/2/2024 | Neutral → Buy | Daiwa Securities | |
| 2/1/2024 | Neutral → Buy | Citigroup |
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
Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its second quarter 2024 results before the U.S. market opens on August 13, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the second 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 August 13, 2024 7:30 PM Singapore / Hong Kong Time on August 13, 2024 Webcast link: https://events.q4inc.com/attendee/415790387 A replay of the conference call will be available at the Company's investor relations website (www
Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the first quarter ended March 31, 2024. "I am pleased to share that we are kicking off 2024 with a strong quarter. All our three businesses have delivered strong growth with an improved profit profile," said Forrest Li, Sea's Chairman and Chief Executive Officer. Referring to the macro environment challenges in the past few years, he said, "Going through this period has made us leaner, fitter, and savvier. We are now much more confident of our ability to weather headwinds well, and adapt quickly to changing environments." On the e-commerce front, Mr Li said, "Shopee delivered strong growth this quar
Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its first quarter 2024 results before the U.S. market opens on May 14, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the first 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 May 14, 2024 7:30 PM Singapore / Hong Kong Time on May 14, 2024 Webcast link: https://events.q4inc.com/attendee/321830000 A replay of the conference call will be available at the Company's investor relations website (www.sea.com/in
Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the fourth quarter and full year ended December 31, 2023. "I am happy to share that we have achieved our first full year of annual profit since our IPO," said Forrest Li, Sea's Chairman and Chief Executive Officer. "In 2023, we achieved profitability, strengthened our market leadership for our e-commerce business, grew our digital financial services business, and stabilized the performance of our digital entertainment business. We have emerged with a much stronger balance sheet with our cash position increasing to 8.5 billion dollars as of the end of 2023, demonstrating the discipline and prudence we
Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its fourth quarter and full year 2023 results before the U.S. market opens on March 4, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the fourth quarter and full year 2023 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 March 4, 2024 8:30 PM Singapore / Hong Kong Time on March 4, 2024 Webcast link: https://events.q4inc.com/attendee/352581999 A replay of the conference call will be available at the Company's investor rela
Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the third quarter ended September 30, 2023. "Our strategy for e-commerce is driven by the principle that maximizing the long-term profitability of the business will generate the greatest returns to our shareholders in the long run," said Forrest Li, Sea's Chairman and Group Chief Executive Officer. "And maximizing long-term profitability requires scale and strong market leadership. To achieve this long-term objective, we look at three key operational factors: growth, current profitability, and market share gain." "In this current period, we will prioritize investing in the business to increase our m
Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its third quarter 2023 results before the U.S. market opens on November 14, 2023, U.S. Eastern Time. The Company's management will host a conference call to discuss the third quarter 2023 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 14, 2023 8:30 PM Singapore / Hong Kong Time on November 14, 2023 Webcast link: https://events.q4inc.com/attendee/547645719 A replay of the conference call will be available at the Company's investor relations website (w
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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
Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its second quarter 2024 results before the U.S. market opens on August 13, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the second 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 August 13, 2024 7:30 PM Singapore / Hong Kong Time on August 13, 2024 Webcast link: https://events.q4inc.com/attendee/415790387 A replay of the conference call will be available at the Company's investor relations website (www
Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the first quarter ended March 31, 2024. "I am pleased to share that we are kicking off 2024 with a strong quarter. All our three businesses have delivered strong growth with an improved profit profile," said Forrest Li, Sea's Chairman and Chief Executive Officer. Referring to the macro environment challenges in the past few years, he said, "Going through this period has made us leaner, fitter, and savvier. We are now much more confident of our ability to weather headwinds well, and adapt quickly to changing environments." On the e-commerce front, Mr Li said, "Shopee delivered strong growth this quar
Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its first quarter 2024 results before the U.S. market opens on May 14, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the first 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 May 14, 2024 7:30 PM Singapore / Hong Kong Time on May 14, 2024 Webcast link: https://events.q4inc.com/attendee/321830000 A replay of the conference call will be available at the Company's investor relations website (www.sea.com/in
Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the fourth quarter and full year ended December 31, 2023. "I am happy to share that we have achieved our first full year of annual profit since our IPO," said Forrest Li, Sea's Chairman and Chief Executive Officer. "In 2023, we achieved profitability, strengthened our market leadership for our e-commerce business, grew our digital financial services business, and stabilized the performance of our digital entertainment business. We have emerged with a much stronger balance sheet with our cash position increasing to 8.5 billion dollars as of the end of 2023, demonstrating the discipline and prudence we
Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its fourth quarter and full year 2023 results before the U.S. market opens on March 4, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the fourth quarter and full year 2023 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 March 4, 2024 8:30 PM Singapore / Hong Kong Time on March 4, 2024 Webcast link: https://events.q4inc.com/attendee/352581999 A replay of the conference call will be available at the Company's investor rela
The partnership unfolds a new chapter, featuring four iconic Free Fire character and pet combinations, including the popular Kelly and Mr. Waggor SHANGHAI, Dec. 15, 2023 /PRNewswire/ -- Infinix has officially introduced the HOT 40 SERIES Free Fire Limited Edition, developed in collaboration with Free Fire, the world's most downloaded mobile battle royale game. Comprising the HOT 40 Pro and HOT 40, the series features significant upgrades in processor, camera, display, and software performance, carefully designed to provide its users with an unparalleled gaming experience. "We are excited to continue our collaboration with Free Fire and announce the HOT 40 SERIES, which features unique combin
Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the third quarter ended September 30, 2023. "Our strategy for e-commerce is driven by the principle that maximizing the long-term profitability of the business will generate the greatest returns to our shareholders in the long run," said Forrest Li, Sea's Chairman and Group Chief Executive Officer. "And maximizing long-term profitability requires scale and strong market leadership. To achieve this long-term objective, we look at three key operational factors: growth, current profitability, and market share gain." "In this current period, we will prioritize investing in the business to increase our m
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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
Loop Capital upgraded Sea Limited from Hold to Buy and set a new price target of $92.00 from $59.00 previously
Morgan Stanley upgraded Sea Limited from Equal-Weight to Overweight and set a new price target of $70.00 from $65.00 previously
BofA Securities upgraded Sea Limited from Neutral to Buy and set a new price target of $70.00 from $62.00 previously
JP Morgan upgraded Sea Limited from Neutral to Overweight and set a new price target of $70.00 from $43.00 previously
JP Morgan reiterated coverage of Sea Limited with a rating of Neutral and set a new price target of $40.00 from $42.00 previously
Daiwa Securities upgraded Sea Limited from Neutral to Buy
Citigroup upgraded Sea Limited from Neutral to Buy
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.
Sea's (NYSE:SE) short percent of float has fallen 4.17% since its last report. The company recently reported that it has 17.12 million shares sold short, which is 6.67% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.04 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is importa
Sea (NYSE:SE) has outperformed the market over the past 5 years by 3.07% on an annualized basis producing an average annual return of 16.17%. Currently, Sea has a market capitalization of $42.73 billion. Buying $100 In SE: If an investor had bought $100 of SE stock 5 years ago, it would be worth $211.53 today based on a price of $74.40 for SE at the time of writing. Sea's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an editor.
In the preceding three months, 13 analysts have released ratings for Sea (NYSE:SE), presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 3 4 0 0 Last 30D 0 0 1 0 0 1M Ago 1 0 1 0 0 2M Ago 3 3 2 0 0 3M Ago 2 0 0 0 0 Analysts have set 12-month price targets for Sea, revealing an average target of $78.23, a high estimate of $94.00, and a low estimate of $60.00. Witnessing a positive shift, the current average has risen by 7.56
DBS Bank analyst Sachin Mittal downgrades Sea (NYSE:SE) from Buy to Hold and announces $75 price target.
Sea (NYSE:SE) has outperformed the market over the past 5 years by 3.36% on an annualized basis producing an average annual return of 16.28%. Currently, Sea has a market capitalization of $42.91 billion. Buying $100 In SE: If an investor had bought $100 of SE stock 5 years ago, it would be worth $218.00 today based on a price of $74.71 for SE at the time of writing. Sea's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an editor.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. JP Morgan cut the price target for Sea Limited (NYSE:SE) from $84 to $78. JP Morgan analyst Ranjan Sharma downgraded the stock from Overweight to Neutral. Sea shares gained 0.6% to close at $75.89 on Monday. See how other analysts view this stock. Morgan Stanley raised the price target for Birkenstock Holding plc (NYSE:BIRK) from $44 to $58. Morgan Stanley analyst Edouard Aubin maintained an Equal-Weight rating. Birkenstock shares fell 2.8% to close at $59.78 on Monday. See how other analysts view