Bilibili's DAUs Surge 9%, CEO Highlights Community Growth Despite Missed Revenue Estimates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 23 2024
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Source: Benzinga
- Financial Performance: Bilibili Inc reported Q1 2024 revenue of $784.5 million, up 12% YoY but missing analyst estimates.
- Stock Performance: The company's adjusted EPADS loss beat estimates, but the stock price fell after the results were announced.
- User Metrics: Average daily active users (DAUs) increased by 9% YoY to 102.4 million.
- Revenue Streams: Revenues from mobile games decreased by 13% YoY, while value-added services (VAS) revenues grew by 17% YoY.
- Company Statement: Bilibili's CEO highlighted user engagement metrics and the growth in monthly active users (MAUs) in the first quarter.
Analyst Views on GAMR
Wall Street analysts forecast GAMR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GAMR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 87.774
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About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








