Bilibili (BILI)

• Market cap: $7.53B
• 1 day: -1.58%
• 5 days: -6.41%
• 1 month: -9.09%
• 3 months: -22.54%
• 6 months: 18.44%
• Year to date: 55.99%
• 1 year: 55.99%
• 5 years: -2.74%
• 10 years: 61.12%

About: Bilibili is a Chinese online entertainment platform that is best known for its video-sharing site that resembles YouTube. The site was founded in 2009 and started as a long-form video platform for anime, comics, and gaming, or ACG, content that appealed to Gen Z users. Since then, it has expanded its content on the platform to include a broader range of interests that have attracted Chinese users outside of the Gen Z cohort. The firm generates revenue through five main areas: advertising, games, live streaming, value-added services, and e-commerce.

Employees: 8,801

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

108% more call options, than puts

Call options by funds: $1.08B | Put options by funds: $518M

35% more capital invested

Capital invested by funds: $1.19B [Q2] → $1.62B (+$422M) [Q3]

20% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 49

20% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]

12% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 33

3% more funds holding

Funds holding: 152 [Q2] → 156 (+4) [Q3]

2.5% less ownership

Funds ownership: 23.43% [Q2] → 20.93% (-2.5%) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $21 16% upside
• Avg. target: $23 26% upside
• High target: $24 33% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Barclays Jiong Shao 63% 1-year accuracy 24 / 38 met price target	33% upside $24	Overweight Maintained	18 Nov 2024
Benchmark Fawne Jiang 66% 1-year accuracy 37 / 56 met price target	33% upside $24	Buy Maintained	15 Nov 2024
Mizuho James Lee 74% 1-year accuracy 31 / 42 met price target	16% upside $21	Outperform Maintained	12 Nov 2024
B of A Securities Brad Sills 50% 1-year accuracy 16 / 32 met price target	24% upside $23	Buy Maintained	25 Oct 2024