Momo Inc. operates a mobile-based social and entertainment platform in the People's Republic of China. The company operates Momo platform that includes its Momo mobile application and various related features, functionalities, tools, and services to users, customers, and platform partners. It offers Momo mobile application that enables users to establish and expand their social relationships based on locations; interests; and recreational activities, including live videos, short videos, social games, and other video- and audio-based interactive experiences. The company was formerly known as Momo Technology Company Limited and changed its name to Momo Inc. in July 2014. Momo Inc. was founded in 2011 and is headquartered in Beijing, the People's Republic of China.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone86-10-5731-0567
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.32 billion
Profitability
Miscellaneous
Employees1,244
OptionableOptionable
Momo (NASDAQ:MOMO) Frequently Asked Questions
What is Momo's stock symbol?
Momo trades on the NASDAQ under the ticker symbol "MOMO."
How were Momo's earnings last quarter?
Momo Inc (NASDAQ:MOMO) issued its earnings results on Wednesday, December, 5th. The information services provider reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.09. The information services provider had revenue of $536 million for the quarter, compared to analyst estimates of $535.30 million. Momo had a return on equity of 33.77% and a net margin of 23.24%. The business's quarterly revenue was up 51.4% on a year-over-year basis. During the same period last year, the company posted $0.45 EPS. View Momo's Earnings History.
When is Momo's next earnings date?
What price target have analysts set for MOMO?
13 analysts have issued 12 month price targets for Momo's stock. Their predictions range from $26.70 to $60.00. On average, they anticipate Momo's share price to reach $45.27 in the next year. This suggests a possible upside of 49.6% from the stock's current price. View Analyst Price Targets for Momo.
What is the consensus analysts' recommendation for Momo?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Momo in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Momo.
Has Momo been receiving favorable news coverage?
Media coverage about MOMO stock has trended positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Momo earned a media sentiment score of 2.8 on InfoTrie's scale. They also assigned media stories about the information services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.
Who are some of Momo's key competitors?
Some companies that are related to Momo include CA (CA), Splunk (SPLK), Check Point Software Technologies (CHKP), Shopify (SHOP), Veeva Systems (VEEV), Citrix Systems (CTXS), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), Symantec (SYMC), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), SS&C Technologies (SSNC), PTC (PTC), Atlassian (TEAM) and Twilio (TWLO).
Who are Momo's key executives?
Momo's management team includes the folowing people:
- Mr. Yan Tang, Chairman & CEO (Age 39)
- Mr. Li Wang, COO, Pres & Director (Age 35)
- Mr. Xiaoliang Lei, Co-Founder & Pres of Game Operations (Age 35)
- Mr. Xiaosong Zhang, Chief Financial Officer (Age 55)
- Mr. Chunlai Wang, Chief Technology Officer (Age 31)
When did Momo IPO?
(MOMO) raised $216 million in an 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.
Who are Momo's major shareholders?
Momo's stock is owned by a number of of institutional and retail investors. Top institutional investors include Altfest L J & Co. Inc. (0.01%), Woodstock Corp (0.01%) and North Star Investment Management Corp. (0.00%). View Institutional Ownership Trends for Momo.
Which institutional investors are buying Momo stock?
MOMO stock was bought by a variety of institutional investors in the last quarter, including Altfest L J & Co. Inc., Woodstock Corp and North Star Investment Management Corp.. View Insider Buying and Selling for Momo.
How do I buy shares of Momo?
Shares of MOMO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Momo's stock price today?
One share of MOMO stock can currently be purchased for approximately $30.27.
How big of a company is Momo?
Momo has a market capitalization of $5.53 billion and generates $1.32 billion in revenue each year. The information services provider earns $318.56 million in net income (profit) each year or $1.53 on an earnings per share basis. Momo employs 1,244 workers across the globe.
What is Momo's official website?
How can I contact Momo?
Momo's mailing address is 20/F BLOCK B TOWER 2 WANGJING SOHO NO.1 FUTONGDONG STREET CHAOYANG DISTRICT, BEIJING F4, 100102. The information services provider can be reached via phone at 86-10-5731-0567 or via email at [email protected]
MarketBeat Community Rating for Momo (NASDAQ MOMO)
MarketBeat's community ratings are surveys of what our community members think about Momo and other stocks. Vote "Outperform" if you believe MOMO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MOMO will underperform the S&P 500 over the long term. You may vote once every thirty days.
