NasdaqGS:BILIInteractive Media and Services
Bilibili (NasdaqGS:BILI) Valuation Check After Zacks Rank Upgrade and Stronger Earnings Outlook
Bilibili (BILI) just picked up an upgrade to a Zacks Rank of 2, Buy, after analysts sharply raised full year earnings estimates, a shift that helps explain the stock’s strong year to date rally.
See our latest analysis for Bilibili.
The upgrade lands after a volatile stretch in the stock, with a robust 44.60% year to date share price return contrasting with a softer 29.08% one year total shareholder return. This suggests that momentum is rebuilding as earnings expectations reset.
If this kind...