Changes in US stocks | Huya once again surged more than 12%, and Damo raised its target price to $9
Glonghui, May 20 | HUYA (HUYA) continued to rise by more than 12% at the beginning of the session, reaching a new high of $6.73. The stock has accumulated a cumulative increase of over 70% in the past 8 trading days. J.P. Morgan analyst Daniel Chen raised Tiger Tooth from neutral to overweight and raised the target price from $3 to $9.
Huya Rises After J.P. Morgan Upgrades on Potential of New Monetization Driver
HUYA Raised to Overweight From Neutral by JP Morgan
HUYA Raised to Overweight From Neutral by JP Morgan
JP Morgan Upgrades HUYA to Overweight, Raises Price Target to $9
JP Morgan analyst Daniel Chen upgrades HUYA (NYSE:HUYA) from Neutral to Overweight and raises the price target from $3 to $9.
HUYA Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/20/2024 45.63% JP Morgan $3 → $9 Upgrades Neutral → Overweight 03/25/2024 -6.15% B of A Securities → $5
BZFD, HUYA Among Major Communication Services Gainers; AMC, SLE Among Losers
Asian Equities Traded in the US as American Depositary Receipts Ease in Thursday Trading
Asian equities traded in the US as American depositary receipts eased Thursday morning, declining 0.04% to 1,950.23 on the S&P Asia 50 ADR Index and paring earlier losses. From North Asia, the gainers
Walmart Posts Upbeat Earnings, Joins Canada Goose, Lightspeed Commerce And Other Big Stocks Moving Higher On Thursday
U.S. stocks were higher, with the Dow Jones gaining over 50 points on Thursday.Shares of Walmart Inc. (NYSE:WMT) rose sharply during Thursday's session following better-than-expected quarterly earning
User growth is weak and revenue has declined by more than 20%. Why is Wall Street optimistic about HUYA.US (HUYA.US) at this point in time?
Before the US stock market on May 13, HUYA.US (HUYA.US) announced its financial results for the first quarter of 2024. According to financial reports, Huya achieved revenue of 1,504 billion yuan, a year-on-year decrease of 23.36%; while relying on “savings and contraction” on the cost side, it achieved net profit of 710.33 million yuan, an increase of 79.32% over the previous year; at the same time, Huya's current MAU was 82.5 million, an increase of only 0.6% over the same period last year, which is stable at 82.1 million, which can be described as weak growth. However, after the disclosure of this financial report, the market gave quite positive feedback. The Zhitong Finance App observed that from May 13 to 15,
Huya Upgraded as It Evolves Beyond Live Streaming: Morgan Stanley
HUYA Shares Are Trading Higher Following Q1 Earnings.
HUYA Shares Are Trading Higher Following Q1 Earnings.
Asian Equities Traded in the US as American Depositary Receipts Trend Modestly Higher in Tuesday Trading
Asian equities traded in the US as American depositary receipts were trending modestly higher Tuesday morning, rising 0.36% to 1,911.18 on the S&P Asia 50 ADR Index. From North Asia, the gainers were
HSBC Upgrades HUYA to Buy From Hold, Price Target Is $6
HSBC Upgrades HUYA to Buy From Hold, Price Target is $6.
Earnings Call Summary | HUYA Inc(HUYA.US) Q1 2024 Earnings Conference
The following is a summary of the HUYA Inc. (HUYA) Q1 2024 Earnings Call Transcript:Financial Performance:HUYA reported Q1 revenue of approximately RMB 1.5 billion, down from RMB 1.96 billion during t
The Nasdaq Golden Dragon China Index initially closed up about 3.7%. China Securities Group B initially closed up 12%, Jinshanyun rose 11%, Huya rose more than 7%, NIO Auto rose more than 6%, Xiaopeng rose about 5%, and Baidu rose about 3%. Among ETFs, KW
The Nasdaq Golden Dragon China Index initially closed up about 3.7%. China Securities Group B initially closed up 12%, Jinshanyun rose 11%, Huya rose more than 7%, NIO Auto rose more than 6%, Xiaopeng rose about 5%, and Baidu rose about 3%. Among ETFs, KWEB initially closed up 3.7%, and CQQQ rose 1.9%.
HUYA Beats Revenue Estimates in Q1, Yet Faces Challenges in Game Streaming Sector
HUYA Inc (NYSE:HUYA) reported fiscal first-quarter 2024 revenue of $208.31 million, beating the analyst consensus estimate of $206.83 million.The Chinese game live-streaming platform's adjusted earnin
Huya Inc. Reports Growth and Shareholder Returns
HUYA Inc | 6-K: Report of foreign private issuer (related to financial reporting)
HUYA.US Q1 revenue exceeded expectations, and the mobile MAU for live streaming reached 82.6 million
Huya announced financial results for the first quarter of 2024.
Huya Q1 Non-GAAP Net Income Rises, Revenue Falls
Huya (HUYA) reported Q1 non-GAAP net income Monday of 0.39 Chinese renminbi ($0.05) per diluted share, up from 0.35 renminbi a year earlier. One analyst polled by Capital IQ expected 0.17 renminbi. To