Hello Group (MOMO) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hello Group in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MOMO shares.
View MOMO analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued twelve-month price targets for Hello Group's stock. Their MOMO share price forecasts range from $7.00 to $22.00. On average, they expect the company's share price to reach $13.30 in the next year. This suggests a possible upside of 91.4% from the stock's current price.
View analysts price targets for MOMO or view top-rated stocks among Wall Street analysts.

Hello Group's stock was trading at $8.98 on January 1st, 2023. Since then, MOMO shares have decreased by 22.6% and is now trading at $6.95.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023.
View our MOMO earnings forecast.

Hello Group Inc. (NASDAQ:MOMO) released its quarterly earnings data on Monday, November, 29th. The information services provider reported $2.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $2.40. The information services provider had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.67 billion. Hello Group had a trailing twelve-month return on equity of 16.70% and a net margin of 14.53%. The business's quarterly revenue was down .2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.31 earnings per share.

Hello Group declared a -- dividend on Monday, March 20th. Shareholders of record on Friday, April 28th will be paid 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), iShares MSCI China Small-Cap ETF (ECNS), Jacob Forward ETF (JFWD), Amplify International Enhanced Dividend Income ETF (IDVO), iShares Virtual Work and Life Multisector ETF (IWFH), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), Invesco Golden Dragon China ETF (PGJ) and Fidelity Emerging Markets Multifactor ETF (FDEM).

Hello Group issued an update on its third quarter 2023 earnings guidance on Thursday, August, 31st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $414.13 million-$428.42 million, compared to the consensus revenue estimate of $448.34 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 a price of $12.50-$14.50 per share. Morgan Stanley, Credit Suisse, J.P. Morgan and China Renaissance acted 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 shareholders include Renaissance Technologies LLC (4.89%), Acadian Asset Management LLC (2.99%), BlackRock Inc. (2.55%), Dimensional Fund Advisors LP (1.15%), Jupiter Asset Management Ltd. (0.53%) and LSV Asset Management (0.49%).
View institutional ownership trends.

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 $6.95.

Hello Group (NASDAQ:MOMO) has a market capitalization of $1.32 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 $1.28 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.