Movement Alert|Sea Ltd Rises 3.07% in Regular Trading, Multiple Institutions Maintain Bullish Ratings Supporting Rebound

Market Focus
08/20

On August 19, Sea Ltd rose 3.07% in regular trading, trading at $120.01/share, with turnover of $167 million. The stock rebounded from the prior session's 3.29% decline driven by analyst downgrades and insider selling pressure.

On the news front, multiple institutional ratings supported the recovery. Guosen Securities maintained its Outperform rating on Sea, projecting full-year net profit of $2 billion. Barclays raised its price target from $122 to $156 while maintaining an Overweight rating, offsetting the pressure from TD Cowen's Hold rating with a $115 target. The company's Q2 results released on August 11 showed revenue surging 48.1% year-over-year to $7.79 billion, well above the $7.09 billion consensus estimate. Shopee GMV grew 28.4% to $38.3 billion, hitting a record high, while total orders rose 27.5% to 4.2 billion. Management reiterated confidence in Shopee achieving $1 billion in adjusted EBITDA for the full fiscal year, reinforcing the strong fundamental backdrop that underpinned the stock's recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10