B of A Securities Downgrades Sea Limited’s Outlook to Neutral

On May 9, 2025, B of A Securities downgraded its outlook for Sea Limited – Depositary Receipt (LSE: 0A3T) from Buy to Neutral.

Analyst Price Forecast Indicates Significant Upside Potential

As of May 7, 2025, the average one-year price target for Sea Limited – Depositary Receipt stands at 157.70 GBX per share. This target ranges from a low of 120.32 GBX to a high of 189.72 GBX. The average price target suggests a remarkable increase of 256.80% from its most recent closing price of 44.20 GBX per share.

The projected annual revenue for Sea Limited is estimated at 14,788 million, marking a decrease of 12.08%. Additionally, the projected annual non-GAAP EPS is expected to be 0.55.

Fund Sentiment Analysis

Currently, 1,203 funds and institutions have reported positions in Sea Limited, reflecting an increase of 143 holders or 13.49% in the last quarter. The average portfolio weight dedicated to 0A3T among all funds is 0.84%, which is a rise of 4.75%. Over the past three months, total shares owned by institutions have increased by 7.85% to 390,197,000 shares.

Shareholder Activities

Baillie Gifford currently holds 39,526,000 shares. In its previous filing, the firm reported 40,955,000 shares, indicating a decrease of 3.61%. Their portfolio allocation in 0A3T has decreased by 48.99% over the last quarter.

WCM Investment Management owns 25,145,000 shares, down from 25,664,000 shares, reflecting a decrease of 2.06%. However, the firm’s allocation in 0A3T has increased by 30.19% in the same period.

Tiger Global Management maintains its position with 16,041,000 shares, showing no change in the last quarter.

Norges Bank increased its holdings to 14,078,000 shares, up from 0 shares, representing a 100.00% increase.

JPMorgan Chase reported an increase in its holdings from 7,983,000 shares to 9,702,000 shares, reflecting a growth of 17.72%, with a 34.02% increase in its portfolio allocation in 0A3T over the last quarter.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.