Sea Limited (SE)

• Market cap: $79.4B
• 1 day: 0.10%
• 5 days: 10.84%
• 1 month: 2.73%
• 3 months: 8.65%
• 6 months: 40.59%
• Year to date: 27.82%
• 1 year: 112.14%
• 5 years: 141.18%
• 10 years: 724.42%
• Sector: Consumer Discretionary
• Industry: Internet Retail

About: Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce. Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value. Shopee is a hybrid C2C and B2C marketplace platform operating in Indonesia, Taiwan, Vietnam, Thailand, Malaysia, the Philippines, and Brazil. For Garena, Free Fire is the key revenue generating game. Sea's third business, SeaMoney, provides lending, payment, digital banking, and insurance services.As of March 31, 2024, Forrest Xiaodong Li, the founder, chairman and CEO, owned 59.8% of voting power and 18.5% of issued shares. Tencent owned 18.2% of issued shares with no voting power.

Employees: 80,700

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

151% more first-time investments, than exits

New positions opened: 128 | Existing positions closed: 51

71% more call options, than puts

Call options by funds: $2.18B | Put options by funds: $1.27B

29% more repeat investments, than reductions

Existing positions increased: 256 | Existing positions reduced: 199

25% more capital invested

Capital invested by funds: $29B [Q3] → $36.2B (+$7.15B) [Q4]

11% more funds holding

Funds holding: 598 [Q3] → 662 (+64) [Q4]

7% more funds holding in top 10

Funds holding in top 10: 42 [Q3] → 45 (+3) [Q4]

5.9% more ownership

Funds ownership: 58.48% [Q3] → 64.38% (+5.9%) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $135 1% upside
• Avg. target: $161 20% upside
• High target: $182 36% upside

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

JP Morgan Ranjan Sharma 40% 1-year accuracy 2 / 5 met price target	1% upside $135	Neutral Downgraded	16 Apr 2025
Loop Capital Rob Sanderson 65% 1-year accuracy 37 / 57 met price target	23% upside $165	Buy Maintained	31 Mar 2025
UBS Navin Killa 0% 1-year accuracy 0 / 1 met price target	31% upside $176	Buy Maintained	7 Mar 2025
Barclays Jiong Shao 56% 1-year accuracy 19 / 34 met price target	36% upside $182	Overweight Maintained	7 Mar 2025
Benchmark Fawne Jiang 57% 1-year accuracy 32 / 56 met price target	12% upside $150	Buy Maintained	5 Mar 2025