Bilibili's Online Games Business Appears Uncertain -- Market Talk

Dow Jones

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0240 GMT - The outlook for Bilibili's online games business seems uncertain to Nomura's Jialong Shi and Rachel Guo, who maintain their neutral rating on the company's ADRs. The Chinese technology company's online games revenue is likely to fall 15% on year in 4Q, better than the 17% decline in 3Q given its new game's robust sales, they say. However, its sales from its legacy games could fall further, which remains a concern to the analysts. They expect the online games segment to post a full-year decline compared with growth a year ago. They prefer Tencent and Tencent Music Entertainment in the online entertainment space due to their more solid fundamentals. Nomura raises its target on Bilibili's ADRs to $25 from $24. ADRs closed at $26.18. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

November 16, 2025 21:40 ET (02:40 GMT)

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The Chinese technology company's online games revenue is likely to fall 15% on year in 4Q, better than the 17% decline in 3Q given its new game's robust sales, they say. However, its sales from its legacy games could fall further, which remains a concern to the analysts. They expect the online games segment to post a full-year decline compared with growth a year ago. They prefer Tencent and <a href=\"https://laohu8.com/S/TCMEF\">Tencent Music Entertainment</a> in the online entertainment space due to their more solid fundamentals. Nomura raises its target on Bilibili's ADRs to $25 from $24. ADRs closed at $26.18. 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The Chinese technology company's online games revenue is likely to fall 15% on year in 4Q, better than the 17% decline in 3Q given its new game's robust sales, they say. However, its sales from its legacy games could fall further, which remains a concern to the analysts. They expect the online games segment to post a full-year decline compared with growth a year ago. They prefer Tencent and <a href=\"https://laohu8.com/S/TCMEF\">Tencent Music Entertainment</a> in the online entertainment space due to their more solid fundamentals. Nomura raises its target on Bilibili's ADRs to $25 from $24. ADRs closed at $26.18. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 16, 2025 21:40 ET (02:40 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2584618137","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584618137","pubTimestamp":1763347200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0240 GMT - The outlook for Bilibili's online games business seems uncertain to Nomura's Jialong Shi and Rachel Guo, who maintain their neutral rating on the company's ADRs. The Chinese technology company's online games revenue is likely to fall 15% on year in 4Q, better than the 17% decline in 3Q given its new game's robust sales, they say. However, its sales from its legacy games could fall further, which remains a concern to the analysts. They expect the online games segment to post a full-year decline compared with growth a year ago. They prefer Tencent and Tencent Music Entertainment in the online entertainment space due to their more solid fundamentals. Nomura raises its target on Bilibili's ADRs to $25 from $24. ADRs closed at $26.18. 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However, its sales from its legacy games could fall further, which remains a concern to the analysts. They expect the online games segment to post a full-year decline compared with growth a year ago. They prefer Tencent and Tencent Music Entertainment in the online entertainment space due to their more solid fundamentals. Nomura raises its target on Bilibili's ADRs to $25 from $24. ADRs closed at $26.18. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 16, 2025 21:40 ET (02:40 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}