Sea Limited stock: Maybank cuts target for Sea Limited stock to USD 150

Published on 10/21/2026 at 17:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Maybank sees USD 8.04 billion third-quarter revenue. Sea Limited stock costs EUR 69.30 on October 21, 2026, down 3.21 percent versus Tradegate.

Maybank target cut and revenue outlook

Maybank Research cut its Sea Limited target from USD 155.00 to USD 150.00 on October 19, 2026.
Maybank projected third-quarter revenue of USD 8.04 billion, up 34.00 percent year over year.
Sea Limited stock costs EUR 69.30 at Lang & Schwarz on October 21, 2026 at 5:02 p.m. CEST, 3.21 percent below the Tradegate close of October 20, 2026.

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Maybank Research cut its Sea Limited target from USD 155.00 to USD 150.00 in a report dated October 19, 2026, while maintaining its Buy rating, according to Minichart. Sea Limited stock was trading at EUR 69.30 at Lang & Schwarz on October 21, 2026 at 5:02 p.m. CEST, down 3.21 percent versus the Tradegate close of October 20, 2026 at EUR 71.60.

Maybank sees stronger third-quarter sales

Maybank projected third-quarter revenue of USD 8.04 billion, up 34.00 percent year over year, and adjusted EBITDA of USD 964.00 million, up 10.00 percent. The report also projected Shopee gross merchandise volume of USD 40.20 billion, up 25.00 percent year over year.

The same report put Monee loans at USD 12.10 billion, up 55.00 percent year over year, while Garena bookings were projected at USD 820.00 million. Maybank's earnings preview was dated October 19, 2026, and said the results were due on November 10, 2026.

Sea Limited stock nears its yearly low

On the NYSE, Sea Limited last traded at USD 77.75 at 11:10 a.m. ET on October 21, 2026. Its USD 77.05 to USD 164.03 52-week range places the stock USD 0.70 above its low and USD 86.28 below its high. The 52-week figures and the primary-exchange quote use the same October 21, 2026 market snapshot.

Sea Limited's market capitalization was USD 47.6 billion on October 21, 2026. The company reported USD 7.79 billion in second-quarter revenue for the period ended June 30, 2026, with consolidated net income of USD 458.12 million and diluted earnings per share of USD 0.70.

What does the target cut mean?

Maybank's USD 150.00 target is 92.93 percent above the USD 77.75 NYSE price. Its report linked the lower target to higher capital spending assumptions, while keeping its Buy rating and estimating cumulative artificial-intelligence investment of USD 0.60 billion to USD 1.40 billion from the second half of 2026 through fiscal year 2028.

Comparison with peers

Sea Limited: down 3.33 percent, P/E 29.98, market capitalization USD 47.6 billion.

MercadoLibre (Nasdaq, USD): down 0.06 percent, P/E 51.13, market capitalization USD 95.2 billion.

Amazon.com (Nasdaq, USD): down 0.41 percent, P/E 21.05, market capitalization USD 2.8 trillion.

Valuation and the next report

Sea Limited's trailing P/E of 29.98 is between MercadoLibre's 51.13 and Amazon.com's 21.05. The next dated company event in the material reviewed is the third-quarter report expected on November 10, 2026, as listed in Maybank Research's October 19 preview.

Sea Limited stock after the selloff

The combination of a USD 150.00 target and a projected USD 8.04 billion third-quarter revenue figure leaves the analyst view centered on growth, while the euro quote remains near its dated 52-week low. Sea Limited was trading at EUR 69.30 at Lang & Schwarz on October 21, 2026 at 5:02 p.m. CEST, 3.21 percent below the Tradegate close of October 20, 2026 at EUR 71.60. The further course of trading is shown by the continuously updated real-time quote of Sea Limited stock.