JOYY Inc. Price & Performance (JOYY)

JOYY Inc. has finalized the sale of its YY Live business to Baidu for $2.1 billion in cash, receiving the final $240 million payment in February. This transaction significantly boosts JOYY’s liquidity, enabling potential share buybacks, dividend programs, and international expansion while reducing exposure to China’s regulatory risks.123

JOYY Inc. reported steady profit growth for 2024, repurchasing over $300 million in shares and launching a quarterly dividend program totaling $600 million over three years. The company’s strong capital returns and new $300 million buyback authorization highlight management’s optimism, despite modest revenue declines and shifting business focus.456

Recent data shows JOYY’s short interest ratio has declined by over 12%, reflecting improved investor sentiment. Despite a 6.3% share price drop since January, JOYY’s insider ownership remains high at 43%, and the company’s news sentiment is notably above sector averages, indicating cautious optimism among market watchers.784