Sea Limited To Gain From Strong E-Commerce Growth And Positive Momentum: Analyst
BofA Securities analyst Sachin Salgaonkar reiterated the Buy rating on Sea Limited SE, raising the price objective to $84 from $77.
Sea Limited (SE) Q2 Earnings Miss Estimates, Revenues Up Y/Y
Sea Limited's (SE) second-quarter 2024 results benefit from a solid uptick in e-commerce, digital financial services businesses and a robust content ecosystem.
1 Fantastic Growth Stock Down 80% to Buy Before It Recovers?
Sea Limited's profitable growth story might be back on track.
E-Commerce Growth Lifted This Tech Giant's Earnings, and Its Stock Jumped 12%
Shares of Sea Limited (SE), the Singapore tech conglomerate that runs online shopping website Shopee, soared Tuesday after the company reported double-digit revenue growth in all its business segments for the second quarter.
Why Sea Limited Stock Rallied Over 11% Today
Sea Limited beat on Q2 revenue but missed on earnings. Importantly, its hit game "Free Fire" appears to be on the rise again.
Sea Limited (SE) Q2 2024 Earnings Call Transcript
Sea Limited (NYSE:SE ) Q2 2024 Earnings Conference Call August 13, 2024 7:30 AM ET Company Participants Miang Chuen Koh - Investor Relations Director Forrest Li - Chairman and Chief Executive Officer Tony Hou - Chief Financial Officer Conference Call Participants Pang Vittayaamnuaykoon - Goldman Sachs Piyush Choudhary - HSBC Marissa Putri - UBS Alicia Yap - Citigroup Ellie Jiang - Macquarie Divya Kothiyal - Morgan Stanley Sachin Salgaonkar - Bank of America Thomas Chong - Jefferies Jiong Shao - Barclays Operator Good morning, and good evening to all, and welcome to the Sea Limited Second Quarter 2024 Results Conference Call. All lines have been placed on mute to prevent any background noise.
Sea Limited News: What's Behind the SE Stock Price Surge Today?
Sea Limited (NYSE: SE ), a Singapore-based company that owns the Shopee e-commerce site, is seeing its stock surge over 10% this morning after reporting earnings. Sea reported net income of $331 million, 54 cents per share fully diluted, on revenue of $3.1 billion for the three months ending in June.
Sea Limited (SE) Reportedly Hikes Merchant Fees to Boost Profit
Sea Limited (SE) reportedly increases the commissions it charges merchants by approximately a third since the beginning of the year in several key markets.
Sea Limited (SE) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Sea Limited (SE) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Curious about Sea Limited (SE) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Sea Limited (SE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
Sea Limited: A Southeast Asian Tech Conglomerate Worth Keeping An Eye On
Sea Limited stock has rallied 80% YTD, limiting upside and increasing risk due to competition, making it less attractive for short-term investors. The company's triple-sided growth in digital financial services, e-commerce, and digital entertainment segments in Southeast Asia shows strong potential for long-term growth. Valuation driven by multiples expansion rather than intrinsic growth, with the possibility for correction to bring multiples back to more moderate levels.
Is Sea Limited (SE) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
