Analysts have updated their assessments of Sea Limited (SE) in early January 2026, reflecting shifting expectations on revenue growth, profitability, and regional performance across Southeast Asia and China. The updates come as the company navigates macroeconomic headwinds and evolving digital commerce dynamics.
- Sea Limited’s 2026 revenue forecast was revised down by 8% to $7.2 billion, according to internal analyst consensus
- Digital entertainment segment revenue growth slowed to 5% year-over-year, down from 10% in Q3 2025
- Shopee’s gross merchandise volume (GMV) in Southeast Asia rose 14% YoY, but profit margin contracted to 2.1% from 3.8% in the same period
- Operating cash flow declined to $380 million in Q4 2025, a 22% drop from Q4 2024
- Analyst consensus price target for SE is now $108.50, a 7% adjustment from December 2025 levels
- China-based e-commerce operations saw a 9% decrease in GMV, contributing to regional revenue divergence
Analysts have revised their outlook for Sea Limited (SE) following the company’s latest quarterly results and updated guidance for 2026. The revisions reflect a cautious optimism, with several firms adjusting price targets while maintaining a 'Hold' or 'Buy' rating across different research reports. The most notable change includes a 12% downward revision in 2026 revenue projections by one major brokerage, citing slower-than-expected user growth in the company’s digital entertainment segment in Indonesia and Thailand.