5 Best Video Game Stocks to Invest in Now

4. Bilibili Inc. (NASDAQ: BILI)

Bilibili Inc. (NASDAQ: BILI) started as a content production community inspired by anime, comics, and games (ACG) before growing and evolving into a full-spectrum video community with established businesses in the various sub-sectors like entertainment, games, and anime among others. The company reported $588.5 million in total net revenue in Q4 2020, representing a 91% increase YoY. Average monthly active users (MAUs) and mobile MAUs reached an all-time high of 202.0 million and 186.5 million, representing a 55% and 61% increase, respectively, compared to the same period in 2019. Bilibili reported a 103% increase in average monthly paying users (MPUs1) to 17.9 million during the quarter.

Media reported earlier that the company intends to acquire a 24% stake in Yoozoo Games, the developer Game of Thrones: Winter is Coming title. Talks for the $475 million deal are said to be at an advanced stage.

Thanks to the positive results reported, Bilibili Inc. has seen its ratings by equity research analyst go up, with Credit Suisse Group upgrading from a “Neutral” rating to an “Outperform” rating. The brokerage also gave the stock a price target of $140.00.