GET DAILY SIGNALSSea Limited (SE) Shares Retrace -14.5% in 30 Days After Summer Rally
Key Takeaways
- Sea Limited (SE) shares declined roughly 14.5% over the trailing 30 days, retreating from the elevated levels reached after its second-quarter earnings report.
- The pullback followed a sharp summer rally, and the stock remains up about 11.5% over the trailing quarter, underscoring a consolidation rather than a collapse in fundamentals.
- Second-quarter revenue rose 48% year over year to $7.8 billion, but adjusted EPS of $0.70 missed consensus, and management flagged foreign-exchange headwinds for the second half.
- Core growth engines stayed intact: Shopee gross merchandise volume (GMV) grew 28% to $38.3 billion, and the SeaMoney loan book rose about 62% to $11.1 billion with a stable 1.0% 90-day NPL ratio.
- Investor focus now shifts to third-quarter results and whether Shopee sustains its roughly 25% full-year GMV growth target.
Sea Limited (SE) Company Overview and Market Position
Sea Limited is a Singapore-based global consumer internet company listed on the New York Stock Exchange under the ticker SE. It operates three interconnected businesses: Shopee, an e-commerce marketplace serving Southeast Asia, Taiwan, Brazil, and other emerging markets; Garena, a digital entertainment arm anchored by the globally popular mobile game Free Fire; and SeaMoney, a digital financial services platform providing payments and consumer and small-business credit. Investors follow SE for its exposure to fast-growing emerging-market e-commerce and fintech, as well as its steady progress toward profitability across all three segments. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Sea Limited (SE) Stock Price Performance: Last 30 Days vs. Quarter
Over the trailing 30 days, SE declined about 14.5%, from a closing price of $119.10 on August 19 to $101.79 by the most recent session. Within that window, the stock briefly attempted to reclaim higher ground near $123 in late August before selling pressure resumed and accelerated in mid-September.
The picture looks different over the full quarter. Measured from a late-June close of $91.28, the shares are still up roughly 11.5%. The stock rallied through July and into the second-quarter earnings release, reaching an intraday high near $131.51 on August 11, before giving back a meaningful portion of those gains. In short, the recent decline is best understood as a retracement from a strong, news-driven run-up rather than a sustained downtrend.
What Drove SE Stock Price in the Last 30 Days
The 30-day decline largely reflects a digestion of the post-earnings surge. SE climbed roughly 9.6% in premarket trading after reporting second-quarter results on August 11, as investors focused on revenue growth and improving margins, then progressively gave back those gains over the following weeks.
Several factors from the report and earnings call contributed to the cooling sentiment. Revenue of $7.8 billion topped estimates, but adjusted EPS of $0.70 came in below consensus, a mixed signal that weighed on momentum. Management also highlighted foreign-exchange headwinds, noting that weaker local currencies against the U.S. dollar could pressure GMV growth in the second half. Separately, provisions for credit losses rose in the quarter due to a higher mix of off-Shopee SPayLater and Brazil lending, which raised questions about the pace and quality of SeaMoney's expansion. From what I see, the pullback also reflected broader positioning after a rapid advance of more than 40% from the late-June low to the August peak.
What Drove SE Stock Performance Over the Last Quarter
The quarterly gain of roughly 11.5% was powered by a mid-summer rally into and through second-quarter earnings. The results reinforced the core growth narrative: Shopee GMV rose 28% to $38.3 billion, marking eight consecutive quarters of sequential growth, while ad revenue climbed more than 70% year over year. SeaMoney's loan book expanded about 62% to $11.1 billion while the 90-day non-performing-loan ratio held at 1.0%. Garena posted bookings of $763.5 million, up 15.5%, anchored by Free Fire, which continues to draw more than 100 million average daily active users. I also checked this using Tickeron’s AI Trend Prediction Engine to gauge momentum signals.
Management reiterated its goal of more than $1 billion in Shopee adjusted EBITDA for 2026 and reaffirmed a full-year GMV growth outlook of around 25%, even as it acknowledged currency and comparison-base challenges. This combination of accelerating revenue, improving unit economics, and a disciplined approach to credit and capital spending supported the quarter's advance before the recent consolidation took hold.
SE Stock Forecast Drivers: What Investors Should Watch Next
The next key catalyst is Sea Limited's third-quarter 2026 earnings release, expected in mid-November. Investors will be watching whether Shopee's GMV growth stays on track for the company's roughly 25% full-year target, how foreign-exchange movements affect reported results, and whether advertising take rates and fulfillment economics continue to improve. On the fintech side, the trajectory of the SeaMoney loan book, credit-loss provisions, and the 90-day NPL ratio will be closely scrutinized. For Garena, the performance of Free Fire and the reception of new titles such as Palworld Online and Monster Hunter Outlanders could shape sentiment. Broader considerations include competitive dynamics in Brazil and Southeast Asia, emerging-market consumer spending, and currency volatility, all of which can influence both fundamentals and the stock's valuation. These factors are informational and do not constitute financial advice.
Exploring Tickeron’s AI Trading Tools
In my own research process, I often turn to Tickeron’s platform for additional perspective on market movements. One area I find particularly useful is the AI Trading Bots section, which provides a range of automated strategies that can complement traditional analysis when evaluating names like SE. It helps me cross-check signals without replacing my own due diligence.
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Contributor
With a background in economics and swing trading, I write about market trends, technical setups, momentum, and opportunities that develop over several days or weeks. I combine economic perspective with practical trading experience to explain why stocks move, what trends may be developing, and which market signals are worth watching.
SE's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for SE turned positive on November 04, 2026. Looking at past instances where SE's MACD turned positive, the stock continued to rise in 41 of 49 cases over the following month. The odds of a continued upward trend are 84%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SE's RSI Oscillator exited the oversold zone, 31 of 42 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 74%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 47 of 61 cases where SE's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 77%.
The Momentum Indicator moved above the 0 level on November 06, 2026. You may want to consider a long position or call options on SE as a result. In 61 of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 79%.
Following a +3.08% 3-day Advance, the price is estimated to grow further. Considering data from situations where SE advanced for three days, in 254 of 314 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
SE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The 50-day moving average for SE moved below the 200-day moving average on November 02, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SE declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 84%.
The Aroon Indicator for SE entered a downward trend on October 30, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 58 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 76 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.592) is normal, around the industry mean (22.398). P/E Ratio (28.048) is within average values for comparable stocks, (9.569). Projected Growth (PEG Ratio) (0.951) is also within normal values, averaging (1.774). Dividend Yield (0.000) settles around the average of (0.033) among similar stocks. P/S Ratio (2.379) is also within normal values, averaging (1.328).
The Tickeron Price Growth Rating for this company is 81 (best 1 - 100 worst), indicating slightly worse than average price growth. SE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 94 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SE’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock worse than average.
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General Information
a provider of online gaming services
Industry InternetRetail
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