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Investing.com - Jefferies has lowered its price target on Bilibili (NASDAQ:BILI) to $28.00 from $29.00 while maintaining a Buy rating following the company’s second-quarter results. Currently trading at $23.69, the stock has shown remarkable strength with an 80% gain over the past year. According to InvestingPro analysis, Bilibili appears slightly undervalued based on its Fair Value assessment.
The Chinese video platform reported revenue in line with expectations, while its non-GAAP operating profit exceeded forecasts due to lower-than-anticipated sales and marketing expenses.
Jefferies expects Bilibili’s advertising momentum to continue in the second half of 2023, though it notes there will be a base effect comparison from the San Mou initiative last year.
The firm highlighted that Bilibili’s gross profit margin and operating profit margin continue to improve alongside solid cost control measures planned for the second half of the year.
Jefferies maintains its Buy rating on Bilibili stock, noting that the company’s long-term margin outlook remains intact despite the slight reduction in price target.
In other recent news, Bilibili Inc . reported its second-quarter results for 2025, demonstrating a strong performance with earnings per share (EPS) of $1.29, which exceeded analysts’ expectations of $1.20. The company’s revenue also surpassed forecasts, reaching $7.34 billion compared to the anticipated $7.33 billion. These figures highlight Bilibili’s ability to deliver better-than-expected financial results. Despite these positive earnings and revenue outcomes, the stock experienced a decline in pre-market trading due to broader market volatility and investor concerns about future growth prospects. The results reflect a period of solid performance for Bilibili, even as the market reacts to external factors. Investors are advised to consider these recent developments when evaluating Bilibili’s financial health. Analyst firms may continue to monitor the company’s performance closely in light of these results.
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