Sea Limited Beats Q4 Revenue Expectations, Eyes Positive EBITDA for Shopee in Second Half
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2024
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Source: Benzinga
Sea Limited Q4 revenue up 4.8% to $3.62B, beats estimates; adjusted EPS loss narrows to $(0.19).
Digital Entertainment down 46.2% Y/Y; e-commerce grows 24.2%, with Shopee set for positive EBITDA H2.
Analyst Views on FDCF
Wall Street analysts forecast FDCF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FDCF 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: 46.861
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Current: 46.861
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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.
