Hello Group (MOMO) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hello Group in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MOMO shares.
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6 analysts have issued twelve-month price objectives for Hello Group's stock. Their MOMO share price forecasts range from $7.00 to $20.00. On average, they anticipate the company's share price to reach $12.90 in the next year. This suggests a possible upside of 46.8% from the stock's current price.
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Hello Group's stock was trading at $8.98 on January 1st, 2023. Since then, MOMO shares have decreased by 2.1% and is now trading at $8.79.
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Hello Group Inc. (NASDAQ:MOMO) announced its earnings results on Thursday, March, 16th. The information services provider reported $0.30 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.12. The information services provider earned $465.79 million during the quarter, compared to analyst estimates of $462.50 million. Hello Group had a trailing twelve-month return on equity of 14.00% and a net margin of 11.61%.

Hello Group announced a -- dividend on Monday, March 20th. Stockholders of record on Friday, April 28th will be given a dividend of $0.70 per share on Monday, May 22nd. The ex-dividend date is Thursday, April 27th. This is a boost from the stock's previous -- dividend of $0.62.
Read our dividend analysis for MOMO.

ETFs with the largest weight of Hello Group (NASDAQ:MOMO) stock in their portfolio include Principal Millennial Global Growth ETF (GENY), Jacob Forward ETF (JFWD), iShares MSCI China Small-Cap ETF (ECNS), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), iShares Virtual Work and Life Multisector ETF (IWFH), Invesco Golden Dragon China ETF (PGJ), Global X Social Media Index ETF (SOCL) and Fidelity Emerging Markets Multifactor ETF (FDEM).

Hello Group issued an update on its first quarter 2023 earnings guidance on Thursday, March, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $372.51 million-$386.57 million, compared to the consensus revenue estimate of $425.17 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hello Group investors own include Alibaba Group (BABA), Micron Technology (MU), NVIDIA (NVDA), JD.com (JD), Advanced Micro Devices (AMD), Intel (INTC), Block (SQ), Baidu (BIDU), Netflix (NFLX) and Bank of America (BAC).

(MOMO) raised $216 million in an initial public offering (IPO) on Thursday, December 11th 2014. The company issued 16,000,000 shares at $12.50-$14.50 per share. Morgan Stanley, Credit Suisse, J.P. Morgan and China Renaissance served as the underwriters for the IPO.

Hello Group trades on the NASDAQ under the ticker symbol "MOMO."

Hello Group's stock is owned by many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (4.62%), ARGA Investment Management LP (3.35%), BlackRock Inc. (2.35%), Bank of America Corp DE (1.80%), Arrowstreet Capital Limited Partnership (1.57%) and Alpine Investment Management Ltd (1.52%).
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Shares of MOMO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MOMO stock can currently be purchased for approximately $8.79.

Hello Group (NASDAQ:MOMO) has a market capitalization of $1.73 billion and generates $1.84 billion in revenue each year. The information services provider earns $215.20 million in net income (profit) each year or $1.09 on an earnings per share basis.

The company employs 1,705 workers across the globe.

Hello Group's mailing address is 20/F BLOCK B TOWER 2 WANGJING SOHO NO.1 FUTONGDONG STREET CHAOYANG DISTRICT, BEIJING F4, 100102. The official website for the company is www.immomo.com. The information services provider can be reached via phone at 861057310567 or via email at ir@immomo.com.