Sea, the Consumer Cyclical sector company, was revisited by a Wall Street analyst on August 13. Analyst John Cheong from UOB Kay Hian maintained a Buy rating on the stock and has a $204.85 price target.
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John Cheong has given his Buy rating due to a combination of factors that highlight Sea’s strong financial performance and growth potential. Sea’s second-quarter results for 2025 exceeded expectations, with a revenue increase of 38% year-over-year and a significant rise in core net profit by 396% year-over-year. This impressive performance was primarily driven by the digital financial services and e-commerce segments, both of which showed improved profitability.
Furthermore, Sea’s first-half results for 2025 demonstrated robust growth, with revenue reaching $10 billion compared to $7.5 billion in the first half of 2024, and core net profit surging to $809 million from $58 million in the previous year. The company’s strong cash position, with a gross cash reserve of $10.6 billion and operating cash flow of $2.4 billion, underscores its financial health. These factors, along with a positive outlook for the second half of 2025, support the Buy rating and an increased target price of $204.85.
In another report released yesterday, DBS also maintained a Buy rating on the stock with a $204.00 price target.