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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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