Maybank cuts target for Sea Limited stock from USD 155 to USD 150

Published on 10/20/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sea posted USD 7.79 billion revenue in the second quarter 2026, up 48.30 percent year over year. Sea Limited stock trades at EUR 79.80 on October 20, 2026.

Broker view and operating growth

Maybank Research maintained a Buy rating while cutting its target from USD 155 to USD 150 on October 19, 2026.
Sea posted USD 7.79 billion in revenue in the second quarter of 2026, up 48.30 percent year over year.
Sea Limited stock trades at EUR 79.80 at 10:49 a.m. CEST at Lang & Schwarz on October 20, 2026.

SE, US81141R1005, Illustration mit AI erstellt.

Sea Limited (ISIN US81141R1005) faces a lower Maybank target after the broker kept its Buy rating and cut the objective from USD 155 to USD 150 in a report dated October 19, 2026. According to Minichart, Maybank viewed Sea's planned artificial intelligence spending as manageable despite higher capital expenditure assumptions.

Three events shape the setup

On August 11, 2026, Sea reported USD 7.79 billion in revenue for the second quarter of 2026, up 48.30 percent from the same period a year earlier, while net income reached USD 458.12 million. The figures come from Sea's second-quarter results discussed in the Yahoo Finance earnings transcript.

On October 15, 2026, Sea announced a collaboration with Google's AI Futures Fund. The arrangement gives Sea teams access to selected frontier models and technical experts for products across Garena, Shopee and Monee, which together serve hundreds of millions of users, according to Sea.

On October 19, 2026, Maybank maintained its Buy rating while lowering the target from USD 155 to USD 150. Its report estimated 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, according to Minichart.

What does the target cut mean?

The reduction puts more weight on execution in Shopee, especially as investment in delivery, subsidies and artificial intelligence may pressure future margins. DBS Research took a more cautious view on October 2, 2026, downgrading Sea to Hold and cutting its target from USD 148 to USD 105, while estimating Shopee's third-quarter gross merchandise volume at USD 39.20 billion to USD 39.60 billion, according to Yahoo Finance.

Next reporting date

Sea's next reported event is its third-quarter 2026 results, scheduled for November 10, 2026, according to The Inference.

Stock trades in regular hours

Sea Limited operates Garena, Shopee and Monee, giving the group exposure to gaming, e-commerce and digital financial services. Its primary listing is on the NYSE under ticker SE, and its market capitalization was USD 54.2 billion as of October 19, 2026. The 52-week range was USD 77.05 to USD 171.09.

Sea Limited stock was trading at EUR 79.80 at Lang & Schwarz on October 20, 2026 at 10:49 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Sea Limited stock.