Sea's GAAP EPS of $0.59 falls short by $0.15, while revenue of $5.99B exceeds expectations by $370M.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 11 2025
0mins
Should l Buy SE?
Source: SeekingAlpha
Earnings Report: Sea Limited reported a Q3 GAAP EPS of $0.59, which missed expectations by $0.15.
Revenue Performance: The company achieved a revenue of $5.99 billion, reflecting a 39.3% year-over-year increase, surpassing estimates by $370 million.
Market Position: Sea Limited is recognized as a leading e-commerce platform in Southeast Asia, often referred to as the "Amazon of Southeast Asia."
Future Outlook: Analysts maintain a positive outlook for Sea, anticipating that its e-commerce and financial services will drive future earnings growth.
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Analyst Views on SE
Wall Street analysts forecast SE stock price to rise
12 Analyst Rating
11 Buy
1 Hold
0 Sell
Strong Buy
Current: 109.060
Low
138.00
Averages
184.58
High
226.00
Current: 109.060
Low
138.00
Averages
184.58
High
226.00
About SE
Sea Limited is a consumer Internet company. The Company, through its subsidiaries, operates three core businesses of e-commerce, digital financial services, and digital entertainment, known as Shopee, SeaMoney and Garena. Its segments are e-commerce, digital financial services, and digital entertainment. The platform of Garena offers mobile and personal computer online games and develops mobile games for the global market. It offers e-sports and provides access to other entertainment content and social features, such as live-streaming of gameplay, user chat, and online forums. The platform of Shopee is a mobile-centric, social-focused marketplace. It provides users a shopping environment with integrated payment, logistics infrastructure, and seller services. SeaMoney provides digital financial services and products, including mobile wallet services, payment processing, credit, banking, and Insurtech. It operates in Indonesia, Taiwan, Thailand, Singapore, Malaysia, and the Philippines.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Revenue Growth and Challenges: In the first half of fiscal 2025, Alibaba's cloud revenue rose by 30% year-over-year, while its e-commerce segments grew by 12% and 14%, respectively; however, a 27% decline in its smaller business revenue resulted in only a 3% overall revenue increase to nearly $70 billion, highlighting uneven growth.
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- Investor Confidence Fluctuations: While Jack Ma's return has bolstered investor confidence, Alibaba has missed earnings estimates in three of the last four quarters, and the upcoming earnings report could impact stock performance, necessitating caution among investors.
- Intensifying Market Competition: Despite easing geopolitical risks, Alibaba faces a challenging competitive landscape, and given Amazon's stability, investors may prefer to consider other more attractive investment options.
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- Analyst Rating Upgrade: JPMorgan analyst Marcelo Santos upgraded MercadoLibre to “overweight” and predicts growth rates exceeding 30% in Q4 2025, providing a positive outlook for the company's future performance.
- Changing Competitive Landscape: Santos noted that Shopee's increased “take rates” in Brazil suggest that price competition may be easing, which could give MercadoLibre room to expand its operating margins, despite a 260 basis point decline over the past two years.
- Future Growth Potential: The analyst set a price target of $2,800, implying a potential rise of over 30% in the next 12 months, indicating that MercadoLibre still holds appeal for investors, assuming it can maintain its current 12% margin.
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See More
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- Asset Management Impact: This transaction represented approximately 2.12% of Main Street Research's 13F reportable assets under management, compared to 2.0% in the previous quarter, indicating a significant portfolio adjustment decision by the fund.
- Underperformance Issues: Despite being a leading Latin American e-commerce and fintech platform, MercadoLibre's stock has significantly underperformed the S&P 500 over the past year, facing competitive pressures from companies like Amazon and Sea Limited, which may have influenced Main Street Research's decision to sell.
- Uncertain Future Outlook: While MercadoLibre is leveraging AI and loan limits to address rising bad-loan losses, potential economic recovery in Argentina and leadership changes in Venezuela could stimulate activity in critical markets, suggesting that investors should carefully evaluate the stock's future potential.
See More
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