From Nasdaq:



Sea Limited, a leading e-commerce player in Southeast Asia, has seen its share price drop nearly 60% due to challenges faced by its various businesses. Despite these headwinds, analysts have a consensus target price for Sea at $60, indicating potential for a 61% upside from the current price. Sea’s e-commerce business, Shopee, is facing competition from TikTok and Alibaba’s Lazada, but is focusing on scale, monetization, and cost efficiencies. Sea’s digital financial services business, SeaMoney, reported strong revenue growth and improved credit quality. Garena, Sea’s gaming business, saw a decline in bookings in the third quarter but also had some positive developments. Sea is currently trading at a price-to-sales ratio of 1.5x, much lower than its three-year average. The company has significant potential tailwinds and a bargain-basement valuation, making it an attractive pick for long-term investors. Despite the challenges, retail investors may consider investing in Sea Limited.



Original: 1 Stock Down Nearly 59% that Wall Street Expects to Soar 61%