Sea is a internet retail company located in Singapore, which is part of the Consumer Cyclical sector, and is traded under the ticker SE on the NYSE exchange.
Sea stock last closed at $36.22, down 1.42% from the previous day, and has decreased 37.95% in one year. It has underperformed other stocks in the Internet Retail industry by 0.71 percentage points. Sea stock is currently +3.87% from its 52-week low of $34.87, and -59.23% from its 52-week high of $88.84.
As of Nov 30, 2023, there are 564.26M shares of SE outstanding. The market cap of SE is $20.44B. In the last 24 hours, 8.13M SE shares were traded.
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You can see all of the due diligence checks on SE's stock page.
Analysts use many financial metrics, analyses, models, and charts to gauge SE's fair value.
Using relative valuations methods:
You can do additional valuation analysis on SE's stock here.
Out of 8 Wall Street analysts who give recommendations on SE, the consensus analyst rating on Sea is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Jiong Shao, a top 29% analyst from Barclays maintains SE with a strong buy rating and lowers their SE price target from $98.00 to $64.00, on Aug 17, 2023.
Venugopal Garre, a bottom 21% analyst from Bernstein maintains SE with a buy rating and lowers their SE price target from $90.00 to $70.00, on Aug 16, 2023.
Bernstein's Venugopal Garre lowered their price target on Sea (NYSE: SE) by 22.2% from $90 to $70 on 2023/08/16. The analyst maintained their Buy rating on the stock.
Garre said their chief takeaway from Sea's Q2 2023 earnings report, released 2023/08/15, was that "after demonstrating solid and much-earlier-than-expected profitability, Sea has started reinvesting again."
Management announced a "formal shift, to reinvest for growth as it gets comfortable with its cash situation," the analyst detailed.
It is not likely the Street will approve in the near term, Garre predicted, because "profitable growth was a key investor focus, and unless very heavy growth is generated along with maintaining the sanctity of self-sufficiency, concerns will remain."
Bernstein raised its estimates for Sea's gaming and fintech segments but cut overall estimates to reflect e-commerce reinvestments, the analyst told readers.
For Q2 2023, Sea reported:
Management did not provide financial guidance in its press release.
Chairman & CEO Forrest Li commented: “In Q2, we delivered strong results, building upon many of the key initiatives we shared previously.
“In the past couple of quarters, we have not only achieved self-sufficiency but also demonstrated the profitability of our model and our ability to manage fast and significant shifts in operational focus as we see fit. We have strengthened our execution capabilities and increased the stickiness of our ecosystem. We believe we are now on a firmer footing to better serve our communities.
"Meanwhile, the economies of our region have remained resilient, and we are excited to see recent ecosystem developments in the growth of diversified user engagement through live streaming, short-form videos, and affiliate programs. Such developments offer us further opportunities to grow and expand our long-term profitable addressable market.
"Given these positive developments and trends, we have started and will continue, to ramp up our investments in growing the e-commerce business across our markets.
"We believe that the efficiency gains and stronger footing we have achieved through our past efforts have further strengthened our ability to invest efficiently in growth
" As we reaccelerate investments in growth, our strategic focus to build cost leadership and continually improve user experience remains key to our long-term success.”
Sachin Salgaonkar, a bottom 25% analyst from Bank of America maintains SE with a hold rating and lowers their SE price target from $73.00 to $53.00, on Aug 16, 2023.
Navin Killa, a bottom 26% analyst from UBS upgrades SE to a strong buy rating and raises their SE price target from $66.00 to $86.00, on Jul 31, 2023.
You can dive deeper into what analysts are forecasting on the Sea stock forecast page.
Last year, SE revenue was $12.90B. In the last 5 year, SE's revenue has grown by 80.76% per year. This was faster than the Internet Retail industry average of 28.28%.
You can analyze SE's earnings and revenue performance here.
Over the past year, insiders at SE have not bought or sold any shares.
Dig into more about who owns SE stock here.
No, Sea doesn't provide an income stream by paying out dividends.
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