Bilibili Is A Buy On Favorable Top Line And Profitability Outlook (Rating Upgrade)
BILIBILI(BILI) Seeking Alpha·2024-08-27 01:16
helloabc I rate Bilibili Inc.'s (NASDAQ:BILI) (OTCPK:BLBLF) (9626:HK) shares as a buy now. BILI is expected to achieve positive earnings in Q3 2024 and deliver significant revenue growth acceleration for the full year. My decision is to upgrade my rating for Bilibili from a Hold to a Buy, after considering the company's favorable financial prospects. In the latest article, I analyze BILI's Q2 2024 results. The earlier May 24, 2024 write-up was focused on Bilibili's first-quarter financial performance. Q2 Bo ...