A number of stocks fell in the afternoon session after markets faded the Nvidia rally in the morning session, as investors remained uncertain about future rate cuts.
Sea reported strong revenue growth in the third quarter, with management highlighting sustained momentum in e-commerce, digital finance, and gaming. While revenue and adjusted EBITDA surpassed Wall Street expectations, GAAP profit fell short, reflecting higher investments and shifting business mix. CEO Forrest Li emphasized, “Our focus remains the same: continuing to deliver high and profitable growth across all three of our businesses,” pointing to Shopee’s expanding market share, increased user engagement, and Garena’s robust bookings as primary drivers.
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Shares of e-commerce and gaming company Sea (NYSE:SE) jumped 3.9% in the morning session after the company's board of directors authorized a $1 billion share repurchase program, its first ever, and Phillip Securities upgraded the stock's rating.
A surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth.
Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.
Shares of e-commerce and gaming company Sea (NYSE:SE) jumped 2.2% in the morning session after Deutsche Bank upgraded the stock from 'Hold' to 'Buy', and the company posted strong third-quarter financial results.
E-commerce and gaming company Sea (NYSE:SE) reported revenue ahead of Wall Streets expectations in Q3 CY2025, with sales up 36.5% year on year to $5.99 billion. Its GAAP profit of $0.58 per share was 22% below analysts’ consensus estimates.
E-commerce and gaming company Sea (NYSE:SE) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 36.5% year on year to $5.99 billion. Its GAAP profit of $0.59 per share was 20.6% below analysts’ consensus estimates.
