JOYY Inc. with ticker code (YY) have now 21 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 130.42 and 57 calculating the average target price we see 80.88. Now with the previous closing price of 50.88 this indicates there is a potential upside of 59.0%. The 50 day moving average now sits at 48.07 while the 200 day moving average is 58.36. The company has a market capitalisation of $3,752m. Company Website: https://joyy.sg
The potential market cap would be $5,964m based on the market concensus.
JOYY Inc., through its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as live talk with other users, make video calls, and watch trend videos; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls, text messages, and photo and video sharing. It operates in the People’s Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, and Southeast Asia and others. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.
