Sea Limited stock soars to 52-week high of $165.34

In a remarkable display of resilience, Sea Limited (NYSE:SE)’s stock has surged to a 52-week high, reaching a price level of $165.34. With a market capitalization of $95 billion and an "GREAT" overall financial health rating according to InvestingPro, the company shows strong fundamentals. This milestone underscores a significant turnaround for the technology company, which has seen its stock price soar by an impressive 128.42% over the past year, supported by robust revenue growth of 30.31%. Investors have rallied behind Sea Limited, buoyed by the company’s strategic initiatives and growth prospects in the digital and gaming sectors. The 52-week high represents a pivotal moment for Sea Limited, as it continues to expand its footprint and solidify its position in the competitive tech landscape. For detailed valuation analysis and 22 additional investment tips, explore Sea Limited’s comprehensive Pro Research Report on InvestingPro.

In other recent news, Sea Ltd reported strong first-quarter results, leading to various analyst firms adjusting their price targets and ratings. Barclays (LON:BARC) raised its price target to $200, highlighting Shopee’s impressive 21.5% year-over-year GMV growth and significant EBITDA margin improvements. JPMorgan upgraded Sea Ltd from Neutral to Overweight, boosting the price target to $190, citing better-than-expected EBITDA margins and strong GMV growth. Benchmark increased its price target to $180, reaffirming a Buy rating due to robust growth in Sea Ltd’s e-commerce and gaming segments, despite some revenue misses. TD Cowen raised its price target to $140 while maintaining a Hold rating, noting significant growth in Garena’s bookings and overall EBITDA. Bernstein SocGen also increased its price target to $170, maintaining an Outperform rating and acknowledging Sea Ltd’s notable operational scale-up. Analysts remain optimistic about Sea Ltd’s future profitability, with several highlighting the company’s strategic positioning in the ASEAN region and its diversified business segments, including Shopee, Garena, and Monee.

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