--- title: "UBS Group Begins Coverage on JOYY (NASDAQ:JOYY)" type: "News" locale: "en" url: "https://longbridge.com/en/news/278729042.md" description: "UBS Group has initiated coverage on JOYY (NASDAQ:JOYY), assigning a \"buy\" rating and a target price of $80.00, indicating a potential upside of 33.78%. Other analysts have also provided mixed ratings, with Citigroup raising its target to $78.00, while Zacks downgraded it to a \"hold\". JOYY's stock opened at $59.80, with a 52-week range of $37.53 to $70.96. The company reported earnings of $0.07 per share and has a market cap of $3.07 billion. Institutional investors hold 36.83% of the stock." datetime: "2026-03-11T13:09:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278729042.md) - [en](https://longbridge.com/en/news/278729042.md) - [zh-HK](https://longbridge.com/zh-HK/news/278729042.md) --- # UBS Group Begins Coverage on JOYY (NASDAQ:JOYY) Equities researchers at UBS Group started coverage on shares of JOYY (NASDAQ:JOYY - Get Free Report) in a research report issued to clients and investors on Wednesday. The firm set a "buy" rating and a $80.00 price target on the stock. UBS Group's price target suggests a potential upside of 33.78% from the stock's current price. A number of other analysts also recently weighed in on JOYY. Citigroup upped their price target on shares of JOYY from $70.00 to $78.00 and gave the stock a "buy" rating in a report on Tuesday, January 13th. Zacks Research downgraded shares of JOYY from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 16th. Weiss Ratings restated a "hold (c-)" rating on shares of JOYY in a research note on Thursday, January 22nd. Wall Street Zen downgraded JOYY from a "buy" rating to a "hold" rating in a report on Saturday, December 20th. Finally, Morgan Stanley set a $66.00 price target on JOYY in a research note on Monday, November 24th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $74.67. **Check Out Our Latest Report on JOYY** ## JOYY Stock Down 0.9% JOYY stock opened at $59.80 on Wednesday. JOYY has a 52 week low of $37.53 and a 52 week high of $70.96. The business has a 50-day simple moving average of $64.50 and a 200 day simple moving average of $62.08. The company has a market cap of $3.07 billion, a PE ratio of 1.85 and a beta of 0.36. JOYY (NASDAQ:JOYY - Get Free Report) last announced its quarterly earnings data on Wednesday, March 11th. The company reported $0.07 earnings per share (EPS) for the quarter. JOYY had a net margin of 83.18% and a return on equity of 4.67%. ## Institutional Inflows and Outflows Several institutional investors have recently modified their holdings of the stock. OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of JOYY in the 3rd quarter valued at $1,189,000. China Universal Asset Management Co. Ltd. bought a new stake in JOYY during the 3rd quarter worth $715,000. SBI Securities Co. Ltd. acquired a new position in JOYY in the 3rd quarter worth about $27,000. Handelsbanken Fonder AB acquired a new position in JOYY in the 3rd quarter worth about $451,000. Finally, SG Americas Securities LLC raised its position in JOYY by 1,336.8% in the fourth quarter. SG Americas Securities LLC now owns 75,015 shares of the company's stock valued at $4,858,000 after purchasing an additional 69,794 shares during the last quarter. 36.83% of the stock is currently owned by institutional investors and hedge funds. ## JOYY Company Profile (Get Free Report) JOYY Inc NASDAQ: JOYY is a China-based technology company that develops and operates social media and live-streaming platforms. The company's core business centers on real-time interactive video services and short-form social content, enabling users to create, share and monetize live and recorded audio-visual content. JOYY's platforms are designed to connect creators and viewers through features such as live chat, virtual gifting and subscription-based interactions. Products and services provided by JOYY include consumer-facing mobile and web applications that support live entertainment, social networking and short-form video consumption. ## Featured Stories - Five stocks we like better than JOYY - The gold chart Wall Street is terrified of… - What a Former CIA Agent Knows About the Coming Collapse - Elon Musk already made me a “wealthy man” - Unlocked: Elon Musk’s Next Big IPO - 1,500 Banks Just Handed the Fed Your Bank Account _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in JOYY Right Now? Before you consider JOYY, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JOYY wasn't on the list. While JOYY currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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