Why Did Sea Plunge 5.21% Despite 32% Earnings Growth?

On April 4, 2025, Sea's stock price dropped by 5.21% in pre-market trading.

Loop Capital recently raised their price target for Sea from $135.00 to $165.00, maintaining a "buy" rating. This adjustment reflects a positive outlook on the company's future performance.

Over the past month, Sea's stock has experienced a decline of 8%, which is more significant than the broader market's 4.7% decrease. This performance indicates that the company may be facing specific challenges or market pressures.

Sea's earnings are projected to grow at an annual rate of 32%, with a notable increase of 194.8% over the past year. This strong earnings growth suggests that the company has been performing well despite recent stock price fluctuations.