BILI Stock Summary and Trading Ideas (Bilibili - American Depositary Shares | NASDAQ:BILI)

Bilibili is a Chinese online entertainment platform that is best known for its video-sharing site that resembles YouTube. The site was founded in 2009 and started as a long-form video platform for anime, comics, and gaming, or ACG, content that appealed to Gen Z users. Since then, it has expanded its content on the platform to include a broader range of interests that have attracted Chinese users outside of the Gen Z cohort. The firm generates revenue through five main areas: advertising, games, live streaming, value-added services, and e-commerce.

Bilibili - American Depositary Shares trades on the NASDAQ stock market under the symbol BILI.

As of November 15, 2024, BILI stock price declined to $18.30 with 7,058,644 million shares trading.

BILI has a beta of 0.22, meaning it tends to be less sensitive to market movements. BILI has a correlation of 0.00 to the broad based SPY ETF.

BILI has a market cap of $7.60 billion. This is considered a Mid Cap stock.

Last quarter Bilibili - American Depositary Shares reported $1 billion in Revenue and $.08 earnings per share. This beat revenue expectation by $31 million and missed earnings estimates by -$.02.

In the last 3 years, BILI traded as high as $89.80 and as low as $8.23.

The top ETF exchange traded funds that BILI belongs to (by Net Assets): ULTY, HERO, KOMP, SOCL, PGJ.

BILI has underperformed the market in the last year with a price return of +23.7% while the SPY ETF gained +32.1%. However, in the short term, BILI had mixed performance relative to the market. It has outperformed in the last 3 months, returning +39.6% vs +8.0% return in SPY. But in the last 2 weeks, BILI shares have been beat by the market, returning -17.3% compared to an SPY return of +3.0%.

BILI support price is $17.73 and resistance is $19.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BILI shares will trade within this expected range on the day.