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Audi Australia culls more passenger cars in increasingly SUV-heavy lineup
Audi Australia culls more passenger cars in increasingly SUV-heavy lineup

7NEWS

time4 days ago

  • Automotive
  • 7NEWS

Audi Australia culls more passenger cars in increasingly SUV-heavy lineup

The Audi A7 Sportback and S8 limousine are the latest passenger models from the German luxury brand to become unavailable to order in Australia. Audi Australia has updated its website to confirm orders for the large five-door liftback and even larger four-door sedan are now closed. While the A7 is at the end of its lifecycle – it's understood the latest A6 replaces both the outgoing A6 and A7 – the S8 hasn't been discontinued globally. The S8 also continues to be offered in the UK, another major right-hand drive market, as well as in its home market of Germany. CarExpert can save you thousands on a new car. Click here to get a great deal. ABOVE: Audi A7 However, the A8 and S8 family entered production late in 2017, which means they're close to a decade old now, and yet no replacement has been announced, combustion-powered or otherwise. 'The S8 is no longer available in showrooms at this stage,' confirmed an Audi Australia spokesperson. 'While the A8 range is currently unavailable, the Audi Australia team constantly evaluates all models available to us from the factory, ensuring that we have a broad range of models available here to meet customer's needs.' The removal of the A7 and S8 from Australian order books comes after the 'regular' A8 was retired locally, and orders were closed for the high-riding A6 allroad wagon, the S6 sports sedan and the S7 Sportback after the 2024 model year. That leaves Audi's large passenger model range consisting of only the high-performance RS6 Avant and RS7 Sportback, plus the outgoing A6 sedan and the recently updated S and RS e-tron GT electric sedans. If you want a large, combustion-powered Audi without the RS treatment, you now have just one option: the A6 45 TFSI quattro S line, priced at $124,950 before on-roads. ABOVE: New-generation Audi A6 (left), outgoing model (right) A look at Audi's German website confirms the outgoing A6 and A7, including their sportier S and RS variants, are no longer available to order. Audi is replacing the outgoing A6 with a new-generation sedan and Avant wagon based on the company's Premium Platform Combustion (PPC), which will be complemented by the electric A6 e-tron and A6 Avant e-tron based on the Premium Platform Electric (PPE). Both of these model lines are already on sale in Europe but Audi has yet to officially lock them in for Australian release. Instead, it says these vehicles are 'currently under evaluation for the Australian market'. 'Our product team are constantly evaluating each model line and the specific models within the range to determine the mix, pricing, and specification for everything we offer here in Australia,' said the spokesperson. Should Audi not bring the new-generation A6 to Australia, including its inevitable hotted-up RS flagship, the recently launched A5/S5 would become the brand's largest combustion-powered passenger car available in Australia. ABOVE: Audi S8 The discontinuation of the S8 locally now leaves Audi without a model in the so-called 'Upper Large' passenger car segment, which also contains vehicles like the rival BMW 7 Series, Lexus LS and Mercedes-Benz S-Class, after 30 years. Audi delivered just three S8s in the first half of this year, but even looking at full-year sales of the A8/S8 in 2024 – when the flagship was still available to order – it notched up only 10 deliveries, down 47.4 per cent on the previous year and behind the LS (11), S-Class (43) and 7 Series (49). It isn't just the Upper Large segment from which Audi is withdrawing. The four-ringed brand no longer offers any coupe or convertible models, neither here nor abroad, following the axing of the R8 supercar and TT sports car, and the introduction of the new-generation of A5 without any two-door variants.

Audi Australia culls more passenger cars in increasingly SUV-heavy lineup
Audi Australia culls more passenger cars in increasingly SUV-heavy lineup

Perth Now

time4 days ago

  • Automotive
  • Perth Now

Audi Australia culls more passenger cars in increasingly SUV-heavy lineup

The Audi A7 Sportback and S8 limousine are the latest passenger models from the German luxury brand to become unavailable to order in Australia. Audi Australia has updated its website to confirm orders for the large five-door liftback and even larger four-door sedan are now closed. While the A7 is at the end of its lifecycle – it's understood the latest A6 replaces both the outgoing A6 and A7 – the S8 hasn't been discontinued globally. The S8 also continues to be offered in the UK, another major right-hand drive market, as well as in its home market of Germany. CarExpert can save you thousands on a new car. Click here to get a great deal. Supplied Credit: CarExpert ABOVE: Audi A7 However, the A8 and S8 family entered production late in 2017, which means they're close to a decade old now, and yet no replacement has been announced, combustion-powered or otherwise. 'The S8 is no longer available in showrooms at this stage,' confirmed an Audi Australia spokesperson. 'While the A8 range is currently unavailable, the Audi Australia team constantly evaluates all models available to us from the factory, ensuring that we have a broad range of models available here to meet customer's needs.' The removal of the A7 and S8 from Australian order books comes after the 'regular' A8 was retired locally, and orders were closed for the high-riding A6 allroad wagon, the S6 sports sedan and the S7 Sportback after the 2024 model year. That leaves Audi's large passenger model range consisting of only the high-performance RS6 Avant and RS7 Sportback, plus the outgoing A6 sedan and the recently updated S and RS e-tron GT electric sedans. If you want a large, combustion-powered Audi without the RS treatment, you now have just one option: the A6 45 TFSI quattro S line, priced at $124,950 before on-roads. Supplied Credit: CarExpert Supplied Credit: CarExpert ABOVE: New-generation Audi A6 (left), outgoing model (right) A look at Audi's German website confirms the outgoing A6 and A7, including their sportier S and RS variants, are no longer available to order. Audi is replacing the outgoing A6 with a new-generation sedan and Avant wagon based on the company's Premium Platform Combustion (PPC), which will be complemented by the electric A6 e-tron and A6 Avant e-tron based on the Premium Platform Electric (PPE). Both of these model lines are already on sale in Europe but Audi has yet to officially lock them in for Australian release. Instead, it says these vehicles are 'currently under evaluation for the Australian market'. 'Our product team are constantly evaluating each model line and the specific models within the range to determine the mix, pricing, and specification for everything we offer here in Australia,' said the spokesperson. Should Audi not bring the new-generation A6 to Australia, including its inevitable hotted-up RS flagship, the recently launched A5/S5 would become the brand's largest combustion-powered passenger car available in Australia. Supplied Credit: CarExpert ABOVE: Audi S8 The discontinuation of the S8 locally now leaves Audi without a model in the so-called 'Upper Large' passenger car segment, which also contains vehicles like the rival BMW 7 Series, Lexus LS and Mercedes-Benz S-Class, after 30 years. Audi delivered just three S8s in the first half of this year, but even looking at full-year sales of the A8/S8 in 2024 – when the flagship was still available to order – it notched up only 10 deliveries, down 47.4 per cent on the previous year and behind the LS (11), S-Class (43) and 7 Series (49). It isn't just the Upper Large segment from which Audi is withdrawing. The four-ringed brand no longer offers any coupe or convertible models, neither here nor abroad, following the axing of the R8 supercar and TT sports car, and the introduction of the new-generation of A5 without any two-door variants. MORE: Everything Audi A6 • S6 • RS6 • A7 • S7 • RS7 • A8 • S8

Audi Australia culls more passenger cars in increasingly SUV-heavy lineup
Audi Australia culls more passenger cars in increasingly SUV-heavy lineup

The Advertiser

time4 days ago

  • Automotive
  • The Advertiser

Audi Australia culls more passenger cars in increasingly SUV-heavy lineup

The Audi A7 Sportback and S8 limousine are the latest passenger models from the German luxury brand to become unavailable to order in Australia. Audi Australia has updated its website to confirm orders for the large five-door liftback and even larger four-door sedan are now closed. While the A7 is at the end of its lifecycle – it's understood the latest A6 replaces both the outgoing A6 and A7 – the S8 hasn't been discontinued globally. The S8 also continues to be offered in the UK, another major right-hand drive market, as well as in its home market of Germany. CarExpert can save you thousands on a new car. Click here to get a great deal. ABOVE: Audi A7 However, the A8 and S8 family entered production late in 2017, which means they're close to a decade old now, and yet no replacement has been announced, combustion-powered or otherwise. "The S8 is no longer available in showrooms at this stage," confirmed an Audi Australia spokesperson. "While the A8 range is currently unavailable, the Audi Australia team constantly evaluates all models available to us from the factory, ensuring that we have a broad range of models available here to meet customer's needs." The removal of the A7 and S8 from Australian order books comes after the 'regular' A8 was retired locally, and orders were closed for the high-riding A6 allroad wagon, the S6 sports sedan and the S7 Sportback after the 2024 model year. That leaves Audi's large passenger model range consisting of only the high-performance RS6 Avant and RS7 Sportback, plus the outgoing A6 sedan and the recently updated S and RS e-tron GT electric sedans. If you want a large, combustion-powered Audi without the RS treatment, you now have just one option: the A6 45 TFSI quattro S line, priced at $124,950 before on-roads. ABOVE: New-generation Audi A6 (left), outgoing model (right) A look at Audi's German website confirms the outgoing A6 and A7, including their sportier S and RS variants, are no longer available to order. Audi is replacing the outgoing A6 with a new-generation sedan and Avant wagon based on the company's Premium Platform Combustion (PPC), which will be complemented by the electric A6 e-tron and A6 Avant e-tron based on the Premium Platform Electric (PPE). Both of these model lines are already on sale in Europe but Audi has yet to officially lock them in for Australian release. Instead, it says these vehicles are "currently under evaluation for the Australian market". "Our product team are constantly evaluating each model line and the specific models within the range to determine the mix, pricing, and specification for everything we offer here in Australia," said the spokesperson. Should Audi not bring the new-generation A6 to Australia, including its inevitable hotted-up RS flagship, the recently launched A5/S5 would become the brand's largest combustion-powered passenger car available in Australia. ABOVE: Audi S8 The discontinuation of the S8 locally now leaves Audi without a model in the so-called 'Upper Large' passenger car segment, which also contains vehicles like the rival BMW 7 Series, Lexus LS and Mercedes-Benz S-Class, after 30 years. Audi delivered just three S8s in the first half of this year, but even looking at full-year sales of the A8/S8 in 2024 – when the flagship was still available to order – it notched up only 10 deliveries, down 47.4 per cent on the previous year and behind the LS (11), S-Class (43) and 7 Series (49). It isn't just the Upper Large segment from which Audi is withdrawing. The four-ringed brand no longer offers any coupe or convertible models, neither here nor abroad, following the axing of the R8 supercar and TT sports car, and the introduction of the new-generation of A5 without any two-door variants. MORE: Everything Audi A6 • S6 • RS6 • A7 • S7 • RS7 • A8 • S8 Content originally sourced from: The Audi A7 Sportback and S8 limousine are the latest passenger models from the German luxury brand to become unavailable to order in Australia. Audi Australia has updated its website to confirm orders for the large five-door liftback and even larger four-door sedan are now closed. While the A7 is at the end of its lifecycle – it's understood the latest A6 replaces both the outgoing A6 and A7 – the S8 hasn't been discontinued globally. The S8 also continues to be offered in the UK, another major right-hand drive market, as well as in its home market of Germany. CarExpert can save you thousands on a new car. Click here to get a great deal. ABOVE: Audi A7 However, the A8 and S8 family entered production late in 2017, which means they're close to a decade old now, and yet no replacement has been announced, combustion-powered or otherwise. "The S8 is no longer available in showrooms at this stage," confirmed an Audi Australia spokesperson. "While the A8 range is currently unavailable, the Audi Australia team constantly evaluates all models available to us from the factory, ensuring that we have a broad range of models available here to meet customer's needs." The removal of the A7 and S8 from Australian order books comes after the 'regular' A8 was retired locally, and orders were closed for the high-riding A6 allroad wagon, the S6 sports sedan and the S7 Sportback after the 2024 model year. That leaves Audi's large passenger model range consisting of only the high-performance RS6 Avant and RS7 Sportback, plus the outgoing A6 sedan and the recently updated S and RS e-tron GT electric sedans. If you want a large, combustion-powered Audi without the RS treatment, you now have just one option: the A6 45 TFSI quattro S line, priced at $124,950 before on-roads. ABOVE: New-generation Audi A6 (left), outgoing model (right) A look at Audi's German website confirms the outgoing A6 and A7, including their sportier S and RS variants, are no longer available to order. Audi is replacing the outgoing A6 with a new-generation sedan and Avant wagon based on the company's Premium Platform Combustion (PPC), which will be complemented by the electric A6 e-tron and A6 Avant e-tron based on the Premium Platform Electric (PPE). Both of these model lines are already on sale in Europe but Audi has yet to officially lock them in for Australian release. Instead, it says these vehicles are "currently under evaluation for the Australian market". "Our product team are constantly evaluating each model line and the specific models within the range to determine the mix, pricing, and specification for everything we offer here in Australia," said the spokesperson. Should Audi not bring the new-generation A6 to Australia, including its inevitable hotted-up RS flagship, the recently launched A5/S5 would become the brand's largest combustion-powered passenger car available in Australia. ABOVE: Audi S8 The discontinuation of the S8 locally now leaves Audi without a model in the so-called 'Upper Large' passenger car segment, which also contains vehicles like the rival BMW 7 Series, Lexus LS and Mercedes-Benz S-Class, after 30 years. Audi delivered just three S8s in the first half of this year, but even looking at full-year sales of the A8/S8 in 2024 – when the flagship was still available to order – it notched up only 10 deliveries, down 47.4 per cent on the previous year and behind the LS (11), S-Class (43) and 7 Series (49). It isn't just the Upper Large segment from which Audi is withdrawing. The four-ringed brand no longer offers any coupe or convertible models, neither here nor abroad, following the axing of the R8 supercar and TT sports car, and the introduction of the new-generation of A5 without any two-door variants. MORE: Everything Audi A6 • S6 • RS6 • A7 • S7 • RS7 • A8 • S8 Content originally sourced from: The Audi A7 Sportback and S8 limousine are the latest passenger models from the German luxury brand to become unavailable to order in Australia. Audi Australia has updated its website to confirm orders for the large five-door liftback and even larger four-door sedan are now closed. While the A7 is at the end of its lifecycle – it's understood the latest A6 replaces both the outgoing A6 and A7 – the S8 hasn't been discontinued globally. The S8 also continues to be offered in the UK, another major right-hand drive market, as well as in its home market of Germany. CarExpert can save you thousands on a new car. Click here to get a great deal. ABOVE: Audi A7 However, the A8 and S8 family entered production late in 2017, which means they're close to a decade old now, and yet no replacement has been announced, combustion-powered or otherwise. "The S8 is no longer available in showrooms at this stage," confirmed an Audi Australia spokesperson. "While the A8 range is currently unavailable, the Audi Australia team constantly evaluates all models available to us from the factory, ensuring that we have a broad range of models available here to meet customer's needs." The removal of the A7 and S8 from Australian order books comes after the 'regular' A8 was retired locally, and orders were closed for the high-riding A6 allroad wagon, the S6 sports sedan and the S7 Sportback after the 2024 model year. That leaves Audi's large passenger model range consisting of only the high-performance RS6 Avant and RS7 Sportback, plus the outgoing A6 sedan and the recently updated S and RS e-tron GT electric sedans. If you want a large, combustion-powered Audi without the RS treatment, you now have just one option: the A6 45 TFSI quattro S line, priced at $124,950 before on-roads. ABOVE: New-generation Audi A6 (left), outgoing model (right) A look at Audi's German website confirms the outgoing A6 and A7, including their sportier S and RS variants, are no longer available to order. Audi is replacing the outgoing A6 with a new-generation sedan and Avant wagon based on the company's Premium Platform Combustion (PPC), which will be complemented by the electric A6 e-tron and A6 Avant e-tron based on the Premium Platform Electric (PPE). Both of these model lines are already on sale in Europe but Audi has yet to officially lock them in for Australian release. Instead, it says these vehicles are "currently under evaluation for the Australian market". "Our product team are constantly evaluating each model line and the specific models within the range to determine the mix, pricing, and specification for everything we offer here in Australia," said the spokesperson. Should Audi not bring the new-generation A6 to Australia, including its inevitable hotted-up RS flagship, the recently launched A5/S5 would become the brand's largest combustion-powered passenger car available in Australia. ABOVE: Audi S8 The discontinuation of the S8 locally now leaves Audi without a model in the so-called 'Upper Large' passenger car segment, which also contains vehicles like the rival BMW 7 Series, Lexus LS and Mercedes-Benz S-Class, after 30 years. Audi delivered just three S8s in the first half of this year, but even looking at full-year sales of the A8/S8 in 2024 – when the flagship was still available to order – it notched up only 10 deliveries, down 47.4 per cent on the previous year and behind the LS (11), S-Class (43) and 7 Series (49). It isn't just the Upper Large segment from which Audi is withdrawing. The four-ringed brand no longer offers any coupe or convertible models, neither here nor abroad, following the axing of the R8 supercar and TT sports car, and the introduction of the new-generation of A5 without any two-door variants. MORE: Everything Audi A6 • S6 • RS6 • A7 • S7 • RS7 • A8 • S8 Content originally sourced from: The Audi A7 Sportback and S8 limousine are the latest passenger models from the German luxury brand to become unavailable to order in Australia. Audi Australia has updated its website to confirm orders for the large five-door liftback and even larger four-door sedan are now closed. While the A7 is at the end of its lifecycle – it's understood the latest A6 replaces both the outgoing A6 and A7 – the S8 hasn't been discontinued globally. The S8 also continues to be offered in the UK, another major right-hand drive market, as well as in its home market of Germany. CarExpert can save you thousands on a new car. Click here to get a great deal. ABOVE: Audi A7 However, the A8 and S8 family entered production late in 2017, which means they're close to a decade old now, and yet no replacement has been announced, combustion-powered or otherwise. "The S8 is no longer available in showrooms at this stage," confirmed an Audi Australia spokesperson. "While the A8 range is currently unavailable, the Audi Australia team constantly evaluates all models available to us from the factory, ensuring that we have a broad range of models available here to meet customer's needs." The removal of the A7 and S8 from Australian order books comes after the 'regular' A8 was retired locally, and orders were closed for the high-riding A6 allroad wagon, the S6 sports sedan and the S7 Sportback after the 2024 model year. That leaves Audi's large passenger model range consisting of only the high-performance RS6 Avant and RS7 Sportback, plus the outgoing A6 sedan and the recently updated S and RS e-tron GT electric sedans. If you want a large, combustion-powered Audi without the RS treatment, you now have just one option: the A6 45 TFSI quattro S line, priced at $124,950 before on-roads. ABOVE: New-generation Audi A6 (left), outgoing model (right) A look at Audi's German website confirms the outgoing A6 and A7, including their sportier S and RS variants, are no longer available to order. Audi is replacing the outgoing A6 with a new-generation sedan and Avant wagon based on the company's Premium Platform Combustion (PPC), which will be complemented by the electric A6 e-tron and A6 Avant e-tron based on the Premium Platform Electric (PPE). Both of these model lines are already on sale in Europe but Audi has yet to officially lock them in for Australian release. Instead, it says these vehicles are "currently under evaluation for the Australian market". "Our product team are constantly evaluating each model line and the specific models within the range to determine the mix, pricing, and specification for everything we offer here in Australia," said the spokesperson. Should Audi not bring the new-generation A6 to Australia, including its inevitable hotted-up RS flagship, the recently launched A5/S5 would become the brand's largest combustion-powered passenger car available in Australia. ABOVE: Audi S8 The discontinuation of the S8 locally now leaves Audi without a model in the so-called 'Upper Large' passenger car segment, which also contains vehicles like the rival BMW 7 Series, Lexus LS and Mercedes-Benz S-Class, after 30 years. Audi delivered just three S8s in the first half of this year, but even looking at full-year sales of the A8/S8 in 2024 – when the flagship was still available to order – it notched up only 10 deliveries, down 47.4 per cent on the previous year and behind the LS (11), S-Class (43) and 7 Series (49). It isn't just the Upper Large segment from which Audi is withdrawing. The four-ringed brand no longer offers any coupe or convertible models, neither here nor abroad, following the axing of the R8 supercar and TT sports car, and the introduction of the new-generation of A5 without any two-door variants. MORE: Everything Audi A6 • S6 • RS6 • A7 • S7 • RS7 • A8 • S8 Content originally sourced from:

UnitedHealth downgraded, Home Depot upgraded: Wall Street's top analyst calls
UnitedHealth downgraded, Home Depot upgraded: Wall Street's top analyst calls

Yahoo

time21-05-2025

  • Business
  • Yahoo

UnitedHealth downgraded, Home Depot upgraded: Wall Street's top analyst calls

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly. Top Upgrades: Stifel upgraded Home Depot (HD) to Buy from Hold with a price target of $425, up from $405, following the Q1 report. The firm is surprised the shares didn't rally post earnings, with accelerating comparable sales through fiscal Q1 "the key positive takeaway," with April U.S. comparable sales up nearly 2.5%. BofA upgraded AutoZone (AZO) to Buy from Neutral with a price target of $4,800, up from $3,900, to reflect increasing confidence in the company's recession resilient history, ongoing share gains, potential inflation benefit from price increases, potentially more favorable dynamics in used versus new car sales and continued tailwinds from maturing commercial programs. HSBC upgraded Bilibili (BILI) to Buy from Hold with a price target of $22.50, up from $21.50. The firm has turned more constructive on the soon to launch S8 at the end of May, which it says contains major updates to game play, maps and characters as the game celebrates its one-year anniversary. Deutsche Bank upgraded Acadia Pharmaceuticals (ACAD) to Buy from Hold with a price target of $35, up from $20. The firm now sees an attractive setup ahead of the Phase 3 data in Prader Willi syndrome in early Q4. Northland upgraded Evolv (EVLV) to Outperform from Market Perform with a $7.50 price target after Evolv held its first earnings call with its new CEO and CFO following the company's restatements. Top Downgrades: HSBC downgraded UnitedHealth (UNH) to Reduce from Hold with a price target of $270, down from $490. The company's CEO change, the pulled 2025 guidance, and alleged Medicare fraud have resulted in its market cap halving since the Q1 results, the firm tells investors in a research note. Scotiabank downgraded Myriad Genetics (MYGN) to Sector Perform from Outperform with a price target of $6, down from $20. While the firm continues to believe there is opportunity for Myriad to execute against its Oncology and Women's Health business ambitions over the next several years, 2025 is likely to be "a transitional year," the firm tells investors in a research note. More bearish on the stock, Compass Point downgraded PennantPark (PNNT) to Sell from Neutral with a price target of $5.75, down from $6. RBC Capital downgraded CAE (CAE) to Sector Perform from Outperform with a price target of C$38, down from C$41. The shares trade the most expensive in the sector, making the solid long-term trends in pilot training and defense spending appropriately reflected at current levels, the firm tells investors in a research note. Top Initiations: Deutsche Bank resumed coverage of Intel (INTC) with a Hold rating and $23 price target. The firm has confidence in new CEO Lip-Bu Tan's ability to formulate a transformation strategy that can reaccelerate "profitable and sustainable growth," but says the execution of this strategy and eventual achievement "will likely be challenging and time consuming." Jefferies initiated coverage of SelectQuote (SLQT) with a Hold rating and $2.75 price target. The firm says SelectRx's strategic redirect to even higher acuity members, the recent Department of Justice lawsuit, "suboptimal" cash conversion, and a "complicated balance sheet" keep it on the sidelines. Stifel initiated coverage of Atlas Energy (AESI) with a Buy rating and $15 price target. The firm says its positive view is based on the company's "high-quality, low cost" mines, low-cost delivery system, including its proprietary Dune Express, and growth opportunities provided by Atlas Energy's recently acquired power generation business Moser. Oppenheimer initiated coverage of Tvardi Therapeutics (TVRD) with an Outperform rating and $65 price target. The firm sees an "underappreciated opportunity" for the company's lead asset TTI-101, a first-in-class STAT3 inhibitor, in idiopathic pulmonary fibrosis and hepatocellular carcinoma. William Blair initiated coverage of Lifecore (LFCR) with an Outperform rating. Minimum volume commitments from Alcon (ALC) represent "a solid foundation for Lifecore's achievable midterm revenue guide," says the firm, which projects revenue will grow at an 11.6% compound annual rate from FY25 to FY28, consistent with Lifecore's guidance.

Bilibili: HSBC sees better outlook and valuation, upgrades to buy
Bilibili: HSBC sees better outlook and valuation, upgrades to buy

Yahoo

time21-05-2025

  • Business
  • Yahoo

Bilibili: HSBC sees better outlook and valuation, upgrades to buy

-- HSBC upgraded Bilibili (NASDAQ:BILI) to Buy from Hold in a note on Wednesday, citing a stronger outlook in gaming, advertising, and profitability, along with an undemanding valuation. The bank also raised its price target to $22.50 from $21.50, implying roughly 25% upside. 'We are encouraged to see Sanmou Season 7 (S7) beat our / Street expectations,' HSBC analysts wrote, adding that they are 'more constructive on soon to launch S8,' which is expected to debut in late May with significant updates. HSBC lifted its game revenue forecasts by 6 to 8% for 2025-2027 and increased overall topline projections by 2%, also citing 'better-than-expected VAS driven by quality user growth.' First-quarter results exceeded expectations, with non-GAAP net profit 25% above HSBC estimates and 40% above consensus. This was attributed to 'lower-than-expected R&D and G&A expense.' HSBC now expects a 20% revenue increase in the second quarter, driven by 61% year-over-year growth in games, 19% in advertising, and 10% in value-added services. 'More resilient performance in high-margin game and ad businesses can support stronger earnings prospects,' the analysts wrote. In advertising, growth was underpinned by improved ad load, higher eCPM, and growing user traffic. HSBC expects 'ad tech improvement is expected to further enhance user targeting and conversion.' Bilibili is also building out its AI capabilities by fine-tuning open-source models and plans to launch a text-to-video tool for content creators by the end of 2025. At 22x 2025 earnings and with 48% non-GAAP EPS growth forecast for 2026, HSBC believes Bilibili's valuation is compelling. Related articles Bilibili: HSBC sees better outlook and valuation, upgrades to buy UnitedHealth Group shares drop on report of secret nursing home payments BofA sees rising China risk for EU tech firms as domestic shift deepens Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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