JPM: BILIBILI-W Outlook Positive, Expects Operating Profit to Rise 23% This Year

AASTOCKS News
2026.05.26 03:58
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JPMorgan has a positive outlook on BILIBILI-W, setting a target price of HKD270 and USD35 for Bilibili Inc. It advises investors to accumulate the stock, rating it 'Overweight'. The broker expects a 23% rise in operating profit for 2026, driven by gaming revenue growth, despite a 6% reduction in gaming revenue forecasts for 2026. Advertising revenue is projected to grow by 27% in 2026. Concerns over shareholder stake reductions are deemed excessive.