JOYY Inc.: Significant Upside Hidden Behind Deep Undervaluation And Scalable Ad Infrastructure

JOYY Inc. trades at a steep discount, with an EV/Sales multiple of just 0.29x despite $3.1 billion in net cash. BIGO Live's ARPPU of $220.5 far surpasses Twitch, highlighting strong user monetization and engagement across JOYY's social entertainment segment. BIGO Ads revenue grew 53.1% YoY, with management targeting a $1 billion run rate by 2028, supporting a bullish SOTP valuation.

Seeking Alpha • Aug 30, 2026

JOYY Inc. (JOYY) Q2 2026 Earnings Call Transcript

JOYY Inc. (JOYY) Q2 2026 Earnings Call Transcript

Seeking Alpha • Aug 26, 2026

JOYY: Growth Is Back, Quality Lags

JOYY Inc. delivered its fastest revenue growth in years, with Q2 2026 revenue up 16.3% YoY and non-GAAP operating income up 28.2%. I maintain a buy rating with a $91.8 ADR price target, reflecting over 20% upside, supported by a robust cash position and sustainable free cash flow. Social Entertainment is recovering with accelerating growth, while Bigo Ads' top-line surge is offset by stagnant gross profit and margin compression.

Seeking Alpha • Aug 26, 2026

JOYY Reports Second Quarter 2026 Unaudited Financial Results

SINGAPORE, Aug. 26, 2026 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the second quarter of 2026.

GlobeNewsWire • Aug 25, 2026

JOYY Reports Second Quarter 2026 Financial Results: Total Revenues Increase to US$590.8 Million, Driven by Growth Across Core Businesses

SINGAPORE, Aug. 25, 2026 /PRNewswire/ -- JOYY Inc. (NASDAQ: JOYY) ("JOYY" or the "Company"), a leading global technology company, today announced its unaudited financial results for the second quarter ended June 30, 2026. In the second quarter, JOYY generated total revenues of US$590.8 million, up 16.3% year over year and 6.3% quarter over quarter.

PRNewsWire • Aug 26, 2026

JOYY to Announce Second Quarter 2026 Financial Results on August 25, 2026

SINGAPORE, Aug. 14, 2026 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, today announced that it plans to release its second quarter 2026 financial results after the U.S. market closes on August 25, 2026.

GlobeNewsWire • Aug 14, 2026

BIGO Ads Recognized by Business Intelligence Group with 2026 Sales and Marketing Excellence Award -- The Sammy

SINGAPORE, July 1, 2026 /PRNewswire/ -- BIGO Ads, a deep learning-based advertising platform under JOYY Inc. (NASDAQ: JOYY), has been named a winner of the 2026 Sales and Marketing Excellence Award, The Sammy by the Business Intelligence Group (BIG), a global independent awards organization recognizing outstanding achievement across business disciplines. BIGO Ads earned recognition in the Growth Catalyst / Advertising Technology category.

PRNewsWire • Jul 1, 2026

JOYY Recognized as “Most Honored Company” in Extel's 2026 Asia Executive Team Survey

SINGAPORE, June 30, 2026 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a global technology company, today announced that it has once again been recognized as a “Most Honored Company” by Extel, formerly known as Institutional Investor Research, in its 2026 Asia (ex-Japan/ANZ) Executive Team Survey. This marks JOYY's eighth consecutive year earning a published position in the survey, and second consecutive year being named a “Most Honored Company”, underscoring JOYY's sustained commitment to excellence in executive leadership, investor relations, and corporate governance.

GlobeNewsWire • Jun 30, 2026

JOYY: The Turnaround Is Gaining Traction But The Market Remains Oblivious

JOYY is undergoing a successful transformation, evidenced by Q1 revenue growth of 12.4% YoY. The market, however, seems to have turned a blind eye to this turnaround success. BIGO Ads is now a major growth driver, contributing 23% of revenue and showing strong momentum in ad network expansion and new verticals. JOYY offers an attractive total shareholder yield near 15%, supported by a robust $3.18 billion net cash position and consistent positive cash flow.

Seeking Alpha • Jun 16, 2026

JOYY Inc: Getting Back On Track Although Pitfalls Remain

The Q1 FY2026 report came at a crucial time with the stock in need of assistance to fend off a breakdown further into bear market territory. JOYY managed to reverse a precarious situation with an acceleration in growth and increased capital returns to shareholders. JOYY has a lot going for it, but it is also not without blemishes, which includes more goodwill on the balance sheet some may be comfortable with.

Seeking Alpha • May 29, 2026