Sea Sliding: Is $75 a Buy Post Earnings?
Sea (SE) has hit a turbulent patch, with its stock price plunging over 16% following its latest earnings release. While the tech giant delivered a robust US$6.9 billion in revenue (up 38.4% YoY), it fell short on the bottom line—reporting an EPS of $0.63, missing the consensus estimate of $0.80. "Golden Trio" showed resilience: Shopee saw GMV jump 28.6% to $36.7 billion, Monee surged 54.3%, and Garena's EBITDA grew 25.6%.
Can Sea’s diversified ecosystem offset the rising costs of e-commerce warfare?
Will the stock find support, or is the path to recovery blocked by the EPS miss?