Summer Sale - Claim 70% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
Sea ( (SE) ) just unveiled an update.
Sea Limited reported strong first-quarter 2026 results on May 12, 2026, with GAAP revenue climbing 46.6% year-on-year to $7.1 billion, gross profit rising 40.7% to $3.1 billion, and net income increasing 6.7% to $438.2 million. Adjusted EBITDA grew 9.3% to $1.0 billion, supported by robust performances across Shopee, Monee and Garena.
Shopee posted record gross orders of 4.0 billion and GMV of $37.3 billion, pushing its GAAP revenue to $5.1 billion despite lower value-added logistics revenue and a year-on-year drop in adjusted EBITDA. Monee’s GAAP revenue surged 57.8% to $1.2 billion with loan balances up 71.3% and stable non-performing loans, while Garena delivered its best quarter since 2021 with bookings up 20.1%, improved monetization metrics and a higher paying user ratio.
Management signaled a strategy of reinvesting to deepen competitive moats while maintaining financial discipline, highlighting AI-driven efficiency gains and reaffirming 2026 guidance for Shopee’s GMV growth and profitability. Sea also executed on capital return via its $1.0 billion share repurchase program, buying back 1.8 million shares for $168.4 million during the quarter, underscoring confidence in its long-term growth trajectory and reinforcing shareholder value.
The most recent analyst rating on (SE) stock is a Buy with a $157.00 price target. To see the full list of analyst forecasts on Sea stock, see the SE Stock Forecast page.
Spark’s Take on SE Stock
According to Spark, TipRanks’ AI Analyst, SE is a Neutral.
The score is driven primarily by improved financial performance (profitability and strong recent free cash flow) and a constructive earnings outlook with robust growth metrics, partially offset by a weak technical trend (price below major moving averages) and a high P/E with no dividend yield support.
To see Spark’s full report on SE stock, click here.
More about Sea
Sea Limited is a Singapore-based consumer internet company operating across e-commerce, digital financial services and online gaming in emerging markets, primarily Southeast Asia and Latin America. Its key platforms include Shopee, a regional e-commerce marketplace, Monee for consumer and SME credit and broader fintech services, and Garena, a global online games developer and publisher.
Average Trading Volume: 4,973,410
Technical Sentiment Signal: Sell
Current Market Cap: $52.99B
For an in-depth examination of SE stock, go to TipRanks’ Overview page.