Movement Alert|Sea Ltd Rises 3.01% in Regular Trading, Arete Upgrades Rating to Buy With Target Price Raised to $152

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On September 15, Sea Ltd rose 3.01% in regular trading, trading at $109.38/share, with turnover of $98.37 million. The move came as Arete upgraded Sea Ltd from Neutral to Buy and significantly raised its price target from $101 to $152, implying approximately 39% upside from the current level.

The bullish call reflects Sea Ltd's strong second-quarter results reported in August, when revenue surged 48.1% year-over-year to $7.79 billion, well above the $7.09 billion consensus estimate. Core e-commerce platform Shopee delivered revenue growth of approximately 49%, with GMV climbing 28.4% to $38.3 billion and total orders rising 27.5% to 4.2 billion, all hitting record quarterly highs. Management reiterated its full-year target of $1 billion in adjusted EBITDA for Shopee. Additionally, digital financial services arm SeaMoney posted 58.9% revenue growth to $1.4 billion with non-performing loan rates stable at 1.0%. The company also repurchased 4.7 million shares for $416.8 million during the quarter. Separately, Netflix and Shopee announced a partnership in Southeast Asia, further reinforcing the platform's regional ecosystem.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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