Sea reports revenue, EBITDA beat in Q2 but EPS falls short; shares down
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/8/2026
- Wall St slips as steep oil prices stoke inflation concerns ahead of CPI
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Citi initiates UiPath coverage with Buy rating and $23 target
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- Harry and Meghan surprised by King Charles' letter on their status
- Wall St slips as steep oil prices stoke inflation concerns ahead of CPI
- Qualcomm to issue warrant to Amazon for up to 25M shares
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
JPMorgan Upgrades Sea Ltd. (SE) to Overweight
August 14, 2024 8:18 AM EDTJPMorgan analyst Ranjan Sharma upgraded Sea Ltd. (NYSE: SE) from Neutral to Overweight with a price target of $90.00 (from $66.00).
The analyst comments "We are upgrading SE to OW as all three major business segments are likely to drive positive earnings revisions. We especially anticipate... More
Sea Ltd. (SE) PT Raised to $84 at BofA Securities
August 14, 2024 6:44 AM EDTBofA Securities analyst Sachin Salgaonkar raised the price target on Sea Ltd. (NYSE: SE) to $84.00 (from $77.00) while maintaining a Buy rating.
The analyst comments "Seas revenues came in-line with our estimate, but net income was a beat led by lower than estimated S&M costs.... More
Sea Ltd. (SE) PT Raised to $92 at Jefferies
August 13, 2024 3:00 PM EDTJefferies analyst Thomas Chong raised the price target on Sea Ltd. (NYSE: SE) to $92.00 (from $89.00) while maintaining a Buy rating.
The analyst comments "Shopee results beat expectations (link) and it revised up full year GMV guidance. Management highlighted that Shopee focuses on growth and invests in user experience with long term EBITDA margin expected to remain intact. For digital entertainment, FF targets a mass gamers base with DAU exceeding 100m. In addition, DFS leverages Shopee's ecosystem... More
Jefferies Reiterates Buy Rating on Sea Ltd. (SE)
August 13, 2024 6:59 AM EDTJefferies analyst Thomas Chong reiterated a Buy rating and $89.00 price target on Sea Ltd. (NYSE: SE).
The analyst comments "Sea reported 2Q24 results with GAAP revenue beat expectations. By segment, Shopee GMV increased by 29% YoY (vs our estimate at 26% YoY) and segment... More
Sea Ltd. (SE) Misses Q2 EPS by 3c
August 13, 2024 6:44 AM EDT(Updated - August 13, 2024 6:45 AM EDT)
Sea Ltd. (NYSE: SE) reported Q2 EPS of $0.14, $0.03 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $3.81 billion versus the consensus estimate of $3.74 billion.
For earnings history and earnings-related data on Sea Ltd. (SE) click here.
... More