Bilibili (BILI) Jumps 7.35% as Wall Street Analyst Turns More Bullish

We recently published Lackluster Tuesday? Not for These 10 Stocks on Sky High. Bilibili Inc. (NASDAQ:BILI) is one of Tuesday's top performers.

Bilibili grew its share prices by 7.35 percent on Tuesday to close at $23.96 apiece as investors took path from an investment company’s more bullish rating.

In a market note, HSBC maintained a “buy” recommendation and raised its price target for Bilibili Inc. (NASDAQ:BILI) to $25.5 from $22.5 on optimism about its restructuring of its gaming division, which the investment firm expects to enhance user engagement. The new price target marked a 6.4 percent upside from its latest closing price.

Additionally, its integration of AI into its advertising operations is projected to bolster growth prospects.

Last week, Bilibili Inc. (NASDAQ:BILI) also maintained a bullish rating from investment firm Bernstein, assigning the Chinese firm of an “outperform” rating with a price target of $28, or a 16.86-percent upside from its closing price on Tuesday.

Bernstein underscored Bilibili Inc.’s (NASDAQ:BILI) potential to grow further given its leadership position in the professional user-generated content market, which is currently in its early growth stages.

While we acknowledge the potential of BILI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.