Bilibili (NASDAQ:BILI) Shares Gap Down – Time to Sell?

20 May 2026, 12:02 by Teresa Graham · The Cerbat Gem

Bilibili Inc. Sponsored ADR (NASDAQ:BILI – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $20.00, but opened at $19.10. Bilibili shares last traded at $18.7950, with a volume of 2,706,667 shares traded.

Bilibili News Roundup

Here are the key news stories impacting Bilibili this week:

Positive Sentiment: Bilibili reported first-quarter EPS of $0.19, ahead of the $0.17 consensus estimate, and management highlighted record profits along with strength in advertising and a rebound in gaming overall. Bilibili Inc. Announces First Quarter 2026 Financial Results
Positive Sentiment: Several reports said the stock rose ahead of the release as investors anticipated a solid quarter, helped by improving ad performance. BILIBILI-W Leaps ~5% Ahead of Results
Neutral Sentiment: Revenue came in roughly in line with expectations at about $1.08 billion, suggesting the quarter was solid but not a major top-line surprise. Bilibili tops first-quarter earnings estimates, revenue in line
Negative Sentiment: Market commentary pointed to a 12% drop in gaming revenue in the first quarter, which is pressuring sentiment and likely offsetting some of the earnings beat. Bilibili’s Stock Price Drops After First-Quarter Gaming Revenue Falls

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Benchmark reiterated a “buy” rating on shares of Bilibili in a research note on Wednesday. Macquarie Infrastructure reiterated an “outperform” rating and issued a $30.00 price target on shares of Bilibili in a research note on Tuesday. Citigroup upgraded Bilibili from a “neutral” rating to a “buy” rating and set a $27.00 price target for the company in a research note on Friday, March 27th. Morgan Stanley upgraded Bilibili from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $25.00 to $31.00 in a research note on Monday, April 13th. Finally, Wall Street Zen downgraded Bilibili from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Bilibili presently has an average rating of “Moderate Buy” and a consensus target price of $29.95.

Check Out Our Latest Research Report on Bilibili

Bilibili Stock Performance

The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.31. The stock has a 50 day simple moving average of $23.26 and a 200 day simple moving average of $26.53. The company has a market capitalization of $7.69 billion, a price-to-earnings ratio of 48.61 and a beta of 0.79.

Hedge Funds Weigh In On Bilibili

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Pictet Asset Management Holding SA boosted its stake in Bilibili by 3.2% in the fourth quarter. Pictet Asset Management Holding SA now owns 13,000 shares of the company’s stock valued at $320,000 after acquiring an additional 400 shares during the period. Geode Capital Management LLC boosted its stake in Bilibili by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 104,063 shares of the company’s stock valued at $2,559,000 after acquiring an additional 410 shares during the period. AdvisorShares Investments LLC boosted its stake in Bilibili by 3.3% in the fourth quarter. AdvisorShares Investments LLC now owns 14,018 shares of the company’s stock valued at $345,000 after acquiring an additional 442 shares during the period. Russell Investments Group Ltd. boosted its stake in Bilibili by 0.3% in the third quarter. Russell Investments Group Ltd. now owns 173,458 shares of the company’s stock valued at $4,872,000 after acquiring an additional 489 shares during the period. Finally, Ieq Capital LLC boosted its stake in Bilibili by 4.1% in the fourth quarter. Ieq Capital LLC now owns 13,829 shares of the company’s stock valued at $340,000 after acquiring an additional 544 shares during the period. 16.08% of the stock is currently owned by institutional investors and hedge funds.

About Bilibili

(Get Free Report)

Bilibili (NASDAQ: BILI) is a leading Chinese online entertainment platform renowned for its focus on animation, comics and games (ACG) content. The company operates a video-sharing website where users can view, upload and comment on a wide range of content, from full-length anime episodes to user-generated short videos. In addition to on-demand streaming, Bilibili offers live broadcasting services that connect creators with fans through real-time interaction features such as “bullet comments” that flow across the screen.