Bilibili Inc (BILI) AI Stock Analysis
BILI AI stock analysis summary
AI ResearchBilibili Inc (BILI) is an online entertainment platform catering to younger audiences in China through video services, mobile games, and ACG content. The company achieved full-year profitability in FY2025 with net income reaching $1.16B on revenue of $29.52B. However, its stock fell 48.4% over the past year to trade at $14.07 as of October 16, 2026.
- Market cap
- $5.80B
- Revenue (TTM)
- $31.42B
- P/E
- 27.6x fwd 11.8x
- 1Y return
- -48.4% S&P 500 16.8%
- Avg. target
- $26.00 84.8% vs last close
Bull case
- Free cash flow grew to $5.32B in FY2025, supported by $7.15B in operating cash flow.
- The company holds a strong liquidity buffer with $14.79B in net cash and $24.31B in cash and short-term investments as of June 30, 2026.
- Analysts set a mean price target of $26.00, implying 84.8% upside from the recent closing price of $14.07.
Bear case
- The stock experienced severe downward momentum, falling 48.4% over the past year and 79.9% over five years.
- BILI trades 34.5% below its 200-day moving average and remains near its 52-week low of $13.96.
- The company's trailing P/E of 27.6x and EV to EBITDA of 15.7x both sit above the US-listed Communication Services peer medians of 16.2x and 10.0x.
What Bilibili does
Bilibili Inc. operates an online entertainment platform tailored for young demographics in China. Established in 2009 and headquartered in Shanghai, the platform delivers video services, mobile games, and value-added services. Its core content ecosystem centers around anime, comic, and games (ACG) media, including comics, animation, and audio. Bilibili's video offerings combine professional user-generated content, occupationally generated videos, and live broadcasting. The platform functions as a community hub for cultural expression and social interaction, enabling users to explore, share, and interact with content creators.
Growth and profitability
Revenue increased from $19.38B in FY2021 to $29.52B in FY2025, representing a 5-year CAGR of 19.7%. Operating margin improved from -33.2% in FY2021 to 3.7% in FY2025, while gross margin expanded from 20.9% to 37.1%. Net income shifted from -$6.81B in FY2021 to positive $1.16B in FY2025, with EPS rising to $5.83. Over the trailing twelve months ended June 30, 2026, revenue stood at $31.42B with an operating margin of 4.7%. In the latest quarter, quarterly revenue grew 8.2% year-over-year, while quarterly earnings expanded 52.9%.
Balance sheet and cash flow
As of June 30, 2026, Bilibili held $24.31B in cash and short-term investments against total debt of $9.52B, resulting in net cash of $14.79B. The company maintained a current ratio of 1.32 and a debt-to-equity ratio of 0.60, with total assets of $42.49B and shareholders' equity of $15.96B. Operating cash flow reached $7.15B in FY2025, generating free cash flow of $5.32B. Capital expenditures were $1.83B, and share buybacks totaled $822.7M in FY2025.
Valuation and performance
Bilibili trades at a trailing P/E of 27.6x and a forward P/E of 11.8x, compared to medians of 16.2x and 14.1x for its US-listed Communication Services peers. Its price-to-sales multiple is 0.2x versus the peer median of 0.8x, while EV to EBITDA stands at 15.7x compared to the peer median of 10.0x. The stock has dropped 48.4% over the past 12 months and 79.9% over five years, significantly lagging the S&P 500, which gained 16.8% and 83.0% across those periods.
What analysts expect
Wall Street sentiment includes 23 Strong Buy, 6 Buy, and 1 Hold ratings, with no Sell recommendations. The mean price target is $26.00, representing an 84.8% upside relative to the last close of $14.07. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $6.75 on revenue of $32.76B. The company has beaten EPS expectations in each of the last 4 quarters, with its next earnings report scheduled for November 12, 2026.
Key risks and what to watch
- Net profit margin remains modest at 4.9% for the trailing twelve months despite top-line growth to $31.42B.
- Short interest represents 8.4% of the float, indicating lingering skepticism in the public markets.
- Share count increased by 15.9% over the past 5 years despite $822.7M in FY2025 share repurchases.
- Total debt stands at $9.52B as of June 30, 2026, which requires ongoing cash flow generation to service.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this BILI AI stock analysis
This page is an AI-written research summary of Bilibili Inc (BILI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: BILI income statement, BILI balance sheet, BILI key metrics, BILI analyst forecast, BILI chart. See the BILI stock overview for the latest quote and news.
BILI AI stock analysis FAQ
Does Bilibili pay a dividend?
Bilibili does not currently pay a dividend to its shareholders. The company utilized its cash flow for $1.83B in capital expenditures and $822.7M in share buybacks during FY2025.
What is Bilibili's net cash position?
As of June 30, 2026, Bilibili held $24.31B in cash and short-term investments against $9.52B in total debt, giving it a net cash balance of $14.79B.
How has Bilibili performed relative to the broader market?
The stock fell 48.4% over the past year and 79.9% over five years, underperforming the S&P 500, which posted gains of 16.8% and 83.0% over the same periods.
When does Bilibili report earnings next?
Bilibili is scheduled to report its next earnings on November 12, 2026. Consensus estimates forecast FY2026 revenue of $32.76B and EPS of $6.75.