- Bilibili stock was up as much as 30% since I have initiated coverage. However, after Q1 2022 reports, the stock fell 15% on a single day.
- In this article I analyze Bilibili's Q1 results, based on the company's quarterly SEC earnings filing and analyst conference.
- On a long-term basis, Bilibili is still a clear buying opportunity, as the company has managed to build impressive scale, content and user engagement.
- If anything, the Q1 results only confirmed Bilibili's leading position as a streaming company based on non-financial metrics.
- I reiterate my buy recommendation with $33.07 / share target price.
For further details see:
Bilibili: Appreciate Any Share Price Weakness As A Buying Opportunity