After Sea Limited (SE) reported its Q1 earnings, the stock rose 4% in pre-market trading. Despite the earnings per share (EPS) of $0.15 falling short of the analyst estimate of $0.23, the company's revenue of $3.7 billion exceeded the consensus estimate of $3.64 billion.
Given this mixed report, the target price for Sea Limited should take into account both the revenue beat and the EPS miss. Analysts might adjust their target prices based on the company's growth potential, market conditions, and future guidance. A specific target price would require a more detailed analysis of these factors.
However, the positive market reaction suggests optimism about the company's overall growth trajectory. A reasonable target price might see a moderate upward adjustment, but it will depend on the broader market sentiment and any additional guidance provided by the company. Typically, analysts and investors will review these results in the context of Sea's long-term prospects and strategic initiatives.
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