Goldman Sachs: Increases Bilibili's target price to HKD 180
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According to a report released by Goldman Sachs, Bilibili's performance in the third quarter met expectations and achieved breakeven for the first time. The report points out that driven by high profit advertising and gaming businesses, the company's business model is constantly evolving. Goldman Sachs expects Bilibili to achieve a net profit margin of 10% to 15% by 2026. Goldman Sachs maintains its "buy" rating on Bilibili and has raised its target price from HKD 176 to HKD 180.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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