SE's fourth-quarter performance is likely to have benefited from strong Shopee and SeaMoney growth. Competition and FX volatility are expected to have hurt profitability.
Get a deeper insight into the potential performance of Sea Limited (SE) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Recently, Zacks.com users have been paying close attention to Sea Limited (SE). This makes it worthwhile to examine what the stock has in store.
Sea Limited (SE 3.51%) has been one of the most interesting tech companies to watch for the last few years.
Sea Limited reported strong Q3/24 results, with revenue up 30.8% YoY and a switch to operating income from a loss. E-commerce, Digital Financial Services, and Digital Entertainment segments show significant growth, particularly in revenue and user engagement. Intrinsic value calculations suggest Sea Limited can sustain high growth rates, justifying its current valuation and "Buy" rating.
Sea Limited Sponsored ADR (SE) closed the most recent trading day at $136.22, moving -1.73% from the previous trading session.
SE stock benefits from Shopee and Garena's growth, but its high valuation and rising competition suggest investors should wait for a favorable entry point.
EQNR mentions that the exploration well shall be drilled in the Barents Sea using the Transocean Enabler semi-submersible rig, suited for operating in harsh environments.
Sea Limited (SE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable production in the years ahead, a senior manager at the international energy major told Reuters.
Sea Limited Sponsored ADR (SE) concluded the recent trading session at $125.28, signifying a +1.85% move from its prior day's close.
In the universe of e-commerce conglomerates, Sea Limited (SE 0.28%) is easy to bypass.