|Over a month ago|
DouYu upgraded to Overweight from Neutral at JPMorgan » 18:0905/2705/27/20
JPMorgan analyst Daniel…
JPMorgan analyst Daniel Chen upgraded DouYu International to Overweight from Neutral with an $11 price target. The analyst sees an improving financial outlook and views second half of 2020 new game launches as a key catalyst for the stock.
DouYu sees Q2 revenue RMB 2.36B-RMB 2.41B vs. RMB 2.28B in Q1 05:4505/2605/26/20
DouYu reports Q1 adj. EPS 13c, consensus 8c » 05:4405/2605/26/20
Reports Q1 revenue…
Reports Q1 revenue $321.1M, consensus $296.57M. Shaojie Chen, CWO of DouYu, commented, "We are pleased to announce that DouYu continued to build a diversified eSports-centric content platform while delivering solid financial and operational results in the first quarter of 2020. Our revenues reached RMB2.28 billion in this quarter, outperforming the high-end of our guidance. Our margins also hit a record high, with our gross margin increasing to 21.3% and our adjusted net margin reaching 13.0%. In addition, our paying user count continued to show strong growth and reached 7.6 million in the period. We believe that by leveraging our efficient operations and accelerating our resource deployment along the upstream and downstream segments of the eSports value chain, our platform will continue to maintain a solid growth trajectory going forward."
|Over a quarter ago|
Opening Day: 2019 IPOs in review » 08:3012/2212/22/19
UBER, LYFT, SDC, BBIO, WE, PTON, SGMS, SCPL, DOYU, PGNY, TW, TXG, ZM, LK
2019 had some big names…
DouYu announces $100M share repurchase program » 05:3312/2012/20/19
DouYu announced that its…
DouYu announced that its board of directors has authorized a share repurchase program under which the company may repurchase up to $100M of its ordinary shares in the form of American depositary shares during a period of up to 12 months commencing on December 20.
DouYu initiated with a Buy at Jefferies » 07:5412/0512/05/19
Jefferies analyst Thomas…
Jefferies analyst Thomas Chong initiated coverage of DouYu International Holdings with a Buy rating and $8.90 price target.
DouYu downgraded to Neutral from Overweight at JPMorgan » 16:1712/0212/02/19
JPMorgan analyst Daniel…
JPMorgan analyst Daniel Chen downgraded DouYu to Neutral from Overweight. The analyst is more cautious on the company's 2020 profit outlook.
DouYu downgraded to Equal Weight from Overweight at Morgan Stanley » 05:3112/0212/02/19
Morgan Stanley analyst…
Morgan Stanley analyst Alex Poon downgraded DouYu to Equal Weight from Overweight with an $8.80 price target.
DouYu initiated with a Hold at HSBC » 06:1409/1609/16/19
HSBC analyst Binnie Wong…
HSBC analyst Binnie Wong started DouYu with a Hold rating and $11 price target. The company's exclusive relationship with top streamers offers quality content, but also creates concentration risk, Wong tells investors in a research note. The analyst also sees low visibility into the company's earnings growth, pointing out it could return to losses in the second half of 2019.
DouYu upgraded to Buy at 86 Research » 09:1109/0309/03/19
86 Research upgraded…
86 Research upgraded DouYu to Buy and maintains a $12 price target on the American Depositary Shares.