On March 27, 2026, Citigroup upgraded its outlook for Bilibili (OTCPK:BLBLF) from **Neutral** to **Buy**. The average one-year price target for the company is projected at $29.19 per share, suggesting a potential upside of 104.82% from its last closing price of $14.25. This forecast ranges from a low of $19.08 to a high of $39.15.
Bilibili’s projected annual revenue is expected to reach $32.45 billion, an increase of 6.93%. However, the projected non-GAAP EPS is -$2.99. Institutional ownership has seen a sharp decline, with only one fund reporting positions in Bilibili, a drop of 122 owners or 99.19% in the past quarter. Total shares owned by institutions fell by 94.26% to 1.92 million shares.
