SEA Faces Mixed Ratings as Analysts Adjust Stock Outlook

Recent updates from various brokerages indicate a fluctuating outlook for SEA (NYSE: SE), a Singapore-based consumer internet company. The adjustments reflect a range of analyst opinions, with some firms maintaining their ratings while others revise their price targets significantly.

On December 22, 2025, analysts at Weiss Ratings reaffirmed their “hold (c-)” rating on SEA. This followed a series of rating changes over the preceding months. Notably, on December 19, Wedbush lowered its price target for SEA from $190.00 to $170.00, assigning an “outperform” rating to the stock.

In contrast, on December 10, Zacks Research downgraded SEA from a “hold” rating to a “strong sell” rating, indicating a more cautious outlook. Earlier in the month, on December 8, Weiss Ratings again reaffirmed its “hold (c)” rating, which has been consistent throughout November and into December.

The month of November saw several noteworthy changes, including an upgrade by Phillip Securities on November 16, when the firm raised its rating from “hold” to “strong buy.” Meanwhile, on November 13, Barclays PLC increased its price target from $214.00 to $226.00, maintaining an “overweight” rating.

However, not all updates were positive. On November 11, Zacks Research downgraded SEA from a “strong buy” rating to “hold.” Additionally, on November 10, analysts at TD Cowen reduced their price target from $165.00 to $144.00, now also holding a “hold” rating on the stock.

The fluctuations in ratings and price targets highlight the mixed sentiment surrounding SEA, which operates a trio of interconnected businesses across digital entertainment, e-commerce, and digital financial services. Founded in 2009, the company, formerly known as Garena, is headquartered in Singapore and is publicly traded on the New York Stock Exchange.

Investors and analysts alike are closely watching SEA’s performance, particularly in the context of its diverse operations aimed at enabling online consumers, merchants, and developers across Southeast Asia and adjacent markets. With its digital entertainment arm, Garena, focusing on game development and esports, SEA continues to be a significant player in the region’s technology landscape.

As ratings continue to shift, stakeholders may find it beneficial to stay informed about the latest developments surrounding SEA’s financial outlook and market position.