Analyst Fawne Jiang of Benchmark Co. reiterated a Buy rating on Sea, boosting the price target to $205.00.
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Fawne Jiang has given his Buy rating due to a combination of factors that highlight Sea’s strong performance and promising outlook. The company reported a robust quarter with significant growth across its key segments: e-commerce, fintech, and gaming. Shopee, Sea’s e-commerce platform, showed accelerated growth in gross merchandise volume and revenue, supported by enhanced market depth and a differentiated value proposition. This growth is expected to continue, aligning with investor expectations for profitable expansion.
Additionally, Sea’s fintech arm, Monee, demonstrated impressive revenue growth and a substantial increase in its loan book, indicating successful product diversification and a healthy loan portfolio. The digital entertainment segment also contributed positively with solid bookings growth. These factors, combined with management’s raised guidance and the company’s strategic focus on sustainable growth, underpin Jiang’s confidence in Sea’s ability to maintain its momentum as a leading player in Southeast Asia’s digital economy.
According to TipRanks, Jiang is a 5-star analyst with an average return of 17.2% and a 55.90% success rate. Jiang covers the Consumer Cyclical sector, focusing on stocks such as Sea, Trip.com Group Sponsored ADR, and JD.
In another report released today, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $192.00 price target.