Bilibili-W (09626) soared 5.05% during intraday trading on Tuesday, reflecting strong investor sentiment ahead of the company's first-quarter financial report.

The surge is attributed to optimism surrounding Bilibili's upcoming Q1 2026 results, scheduled for release today. Analysts from CLSA and Citigroup project steady revenue growth and improved profitability, with total revenue expected to rise 7% year-over-year to RMB 7.5 billion. Advertising revenue is forecast to increase by 26%, driven by robust demand for gaming advertisements and AI application promotions.

Additionally, CLSA reiterated its Outperform rating on Bilibili, citing further profitability improvements. The broader recovery in the Interactive Media and Services sector, with peers like Tencent and Baidu also advancing, provided further support for the stock's rebound after a recent pullback.