Is It Right Time to Be Bearish on Bilibili Inc. (BILI), Netflix, Inc. (NFLX)?

The shares of Bilibili Inc. (NASDAQ:BILI) has been pegged with a rating of Buy by Goldman in its latest research note that was published on August 7th, 2019. Goldman wasn’t the only research firm that published a report of Bilibili Inc., with other equities research analysts also giving their opinion on the stock. Jefferies advised investors in its research note published on August 5th, 2019, to Buy the BILI stock. The stock had earned Buy rating from UBS when it published its report on April 10th, 2019. That day the UBS set price target on the stock to $23. The stock was given Neutral rating by JP Morgan in its report released on March 1st, 2019, the day when the price target on the stock was placed at $20. Citigroup was of a view that BILI is Buy in its latest report on January 31st, 2019. Daiwa Securities thinks that BILI is worth Outperform rating. This was contained in the firm’s report on January 14th, 2019.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 6 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $20.69. The price of the stock the last time has raised by 56.11% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 34.06.

The shares of the company added by 1.07% during the trading session on Thursday, reaching a low of $13.94 while ending the day at $14.19. During the trading session, a total of 2.47 million shares were traded which represents a 25.61% incline from the average session volume which is 3.32M shares. BILI had ended its last session trading at 14.04. Bilibili Inc. currently has a market cap of $4.60B while its P/E earnings growth sits at 6.84. Bilibili Inc. debt-to-equity ratio currently stands at 0.01, while its quick ratio hovers at . BILI 52-week low price stands at $9.09 while its 52-week high price is $21.50.

The company in its last quarterly report recorded -$0.46 earnings per share which is above the -$0.67 predicted by most analysts. The Bilibili Inc. generated $1,373.51 million in revenue during the last quarter, which is slightly higher than the $1,284.30 million predicted by analysts. In the second quarter last year, the firm recorded -$0.72 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -56.52%. Bilibili Inc. has the potential to record -0.34 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Pivotal Research Group published a research note on July 18th, 2019 where it informed investors and clients that Netflix, Inc. (NASDAQ:NFLX) is now rated as Buy. Their price target on the stock stands at $515. Jefferies also rated NFLX as Initiated on August 5th, 2019, with its price target of $185 suggesting that NFLX could surge by 18.67% from its current share price. Even though the stock has been trading at $304.29/share, analysts expect it to surge higher by 3.82% to reach $388.40/share. It started the day trading at $316.36 and traded between $306.63 and $315.90 throughout the trading session.

A look at its technical shows that NFLX’s 50-day SMA is 348.42 while its 200-day SMA stands at 335.28. The stock has a high of $386.80 for the year while the low is $231.23. The company’s P/E ratio currently sits at 127.17, while the P/B ratio is 22.65. At the moment, only of Netflix, Inc. shares were sold short. The company’s average trading volume currently stands at 6.84M shares, which means that the short-interest ratio is just 2.68 days. Over the past seven days, the company moved, with its shift of -1.13%. Looking further, the stock has dropped -12.92% over the past 90 days while it lost -8.36% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more NFLX shares, increasing its portfolio by +0.70% during the last quarter. This move now sees The Vanguard Group Inc purchasing 214,935 shares in the last quarter, thus it now holds 30,950,104 shares of NFLX, with a total valuation of $11,368,592,201. Capital Research Management Co meanwhile bought more NFLX shares in the recently filed quarter, changing its stake to $9,787,957,674 worth of shares. Fidelity Management Research Co followed the path by increasing its NFLX portfolio by +2.12% in the quarter. This means that Fidelity Management Research Co bought 529,676 shares in the last quarter and now controls 25,520,596 shares of the NFLX stock, with the valuation hitting $9,374,225,323.

Similarly, SSgA Funds Management Inc increased its Netflix, Inc. shares by +6.61% during the recently filed quarter. After buying 1,004,416 shares in the last quarter, the firm now controls 16,201,829 shares of Netflix, Inc. which are valued at $5,951,255,828. In the same vein, T Rowe Price Associates Inc increased its Netflix, Inc. shares by during the most recent reported quarter. The firm bought 157,315 shares during the quarter which increased its stakes to 15,450,604 shares and is now valued at $5,675,315,861. Following these latest developments, around 1.74% of Netflix, Inc. stocks are owned by institutional investors and hedge funds.