Bilibili Inc (BILI)

What is Bilibili Inc (BILI)?

Bilibili Inc is a company principally engaged in the Internet and other related businesses. The Company operates its business through four segments.The Mobile Games segment, the Advertising segment, the Live broadcasting and Value-added services (VAS), the E-commerce and Others segment. Bilibili Inc. was founded in 2009 and is headquartered in Shanghai, the People's Republic of China.

BILI, is it a good pick?

Last month, Bilibili (BILI) priced the previously announced $1.4 billion in aggregate principal amount of convertible senior notes due 2026. Bilibili has a beta of 1.3, suggesting that its stock price is 30% more volatile than the S&P 500. Bilibili currently has a consensus target price of $108.44, suggesting a potential upside of 104.71%. On November 17th the company published revenue was $5.21B, which is above the projection that had previously been $ 5.17B.

Technical analysis

From Nov 21st to Nov 16st the share price went up 21.56% to a price of $89.61. From Nov 16st to Jan 4th the share price dropped -55.57% to a price of $40.08. The MACD shows a short-term interest and the RSI is in the sell area, therefore the stock price could be down around -5.62% to a price of $ 37.63 and then the share price could rise 33% to a price of $ 49.50.