JOYY Inc’s shares reached a 52-week high of $77.81 on Tuesday, extending a 57% gain over the past 12 months. The rally follows stronger-than-expected quarterly results and an upbeat profit outlook.
The company reported second-quarter 2026 revenue of $591 million, exceeding Wall Street’s forecast of $569.85 million by 3.7%, or $21.15 million. Earnings per share also topped analyst projections, according to figures tracked by InvestingPro.
JOYY attributed its growth to advances in advertising technology and e-commerce, which offset a still-slowing live-streaming segment. The company maintained its share repurchase program and issued a positive full-year profit forecast, further supporting investor confidence.
The stock’s 52-week high of $76.68 was surpassed during Tuesday’s session, with shares closing at $77.81. The company’s dividend yield stands at 6.37%, providing additional appeal to income-focused investors.
InvestingPro analysis currently flags the stock as overvalued relative to its fair value estimate, though the latest financial performance and outlook have bolstered its market standing.
