Is SE stock oversold due to weak forecast @TigerGpt TigerGPT，your new investing superpower Click to learn more
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Based on the information provided, it appears that Sea Ltd (SE) has received mixed ratings from analysts, with 9 recommending, 14 buying, and 9 holding the stock. Additionally, there have been downgrades from analysts, such as JPMorgan Chase & Co, who downgraded SE's stock to neutral from overweight and assigned a price target of $45. The company's second-quarter earnings report was also disappointing, leading to a drop in its stock price. However, it is worth noting that the consensus estimate for Q2 revenues indicates a potential growth of 24.04% from the year-ago quarter. The target price estimates from 27 analysts range from $46.0 to $145.0, with a mean estimate of $73.96444.
Based on this information, it is difficult to determine if SE stock is oversold solely due to weak forecast. The mixed analyst ratings and the potential for revenue growth in Q2 suggest that there may be varying opinions on the stock's performance. It is important for investors to consider multiple factors and conduct further research before making any investment decisions.
Reference articles:
🎁What the Tigers Say | What's Your Target Price for Sea After Earnings?
Is Sea Limited's Recent Slump Warranted?
These Analysts Lower Their Forecasts On Sea After Weak Q2 Results
$SE stock analysis