02:10 AM EDT, 05/15/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our target price to USD188 (from USD165), 32x 2025 EV/EBITDA estimate (peer average: 13x), reflecting our projected above-peer two-year EPADS CAGR of 238% in 2025. We forecast revenue growth of 24%/20% in 2025/2026, driven by improved price competitiveness and enhanced buyer services at Shopee, a growing loan book at Monee, and increased user engagement at Garena (supported by content updates, high-profile collaborations, and content localization). We project Sea's net margin to expand to 8.5%/9.1% in 2025/2026 (2024: 2.6%), driven by Shopee's stronger Brazil performance, improving live-streaming economics, and enhanced operating efficiency through automation. Monee's rising scale efficiency and Garena's prudent spending will further support the margin, in our view. We lift our 2025 EPADS forecast to USD2.91 (from USD2.20) and 2026's to USD3.72 (from USD3.53).