Maybank Upgrades Sea Limited (SE) From Hold to Buy

​Sea Limited (NYSE:SE) is one of the Best Stocks to Buy for High Returns in 2026. On January 2, Hussaini Saifee from Maybank upgraded Sea Limited (NYSE:SE) from Hold to Buy with a price target of $156. Earlier on December 19, Scott Devitt from Wedbush reiterated a Buy rating on the stock, but lowered the price target from $190 to $170.

​Saifee from Maybank noted that the share price of Sea Limited (NYSE:SE) has fallen more than 36% from its peak in October 2025. The analyst noted that this sharp pullback means that most of the near term risks have already been priced in. Saifee added that while the stock price has fallen, the long-term growth drivers for Sea Limited remain intact.

​Moreover, the firm also noted that the company continues to invest in its Shopee VIP programme fulfilment network. This investment is strengthening the company’s position in the e-commerce market of Southeast Asia, which accounts for roughly 75% of Shopee’s GMV. Considering these factors, Maybank noted that Sea Limited (NYSE:SE) provides an attractive risk/reward profile at current levels.

​Sea Limited (NYSE:SE) is a consumer internet company that operates through three segments: e-commerce, digital financial services, and digital entertainment. It runs Shopee, a popular e-commerce platform, Garena, a gaming and eSports platform, and SeaMoney, which offers digital financial services.

While we acknowledge the potential of SE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SE and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.