Why These 15 Communication Services Stocks Are up the Most So Far in 2025

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8. DouYu International Holdings Ltd (NASDAQ:DOYU)

Number of Hedge Fund Holders In Q4 2024: 8

DouYu International Holdings Ltd (NASDAQ:DOYU) operates one of China’s largest live-streaming platforms focused on gaming, eSports, and interactive entertainment, connecting developers, teams, advertisers, and millions of viewers.

The biggest catalyst was the March 14, 2025, release of fourth quarter and full year 2024 results, which highlighted a sharp rise in revenue from DouYu’s “innovative business, advertising, and others” segment. It is now up 63.6% to RMB1.2 billion and 28% of total revenue.

DouYu also declared a second $300 million special cash dividend in January 2025 and executed a $20 million share repurchase, signaling confidence in its financial stability and commitment to shareholder returns.

The consensus price target of $12.75 implies 87.5% upside.

DOYU stock is up 58.70% year-to-date.

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