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Closing prices for crude oil, gold and other commodities
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S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The Day of Financial Reckoning Is Near (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast  (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The Day of Financial Reckoning Is Near (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast  (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The Day of Financial Reckoning Is Near (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast  (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
NASDAQ:MOMO

Hello Group - MOMO Stock Forecast, Price & News

$4.48
-0.07 (-1.54%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$4.44
$4.54
50-Day Range
$4.29
$5.50
52-Week Range
$4.14
$13.99
Volume
912,189 shs
Average Volume
2.93 million shs
Market Capitalization
$708.62 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.75

Hello Group MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
162.3% Upside
$11.75 Price Target
Short Interest
Healthy
4.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
19.40%
From $0.67 to $0.80 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.82 out of 5 stars

Computer And Technology Sector

96th out of 653 stocks

Prepackaged Software Industry

19th out of 230 stocks

MOMO stock logo

About Hello Group (NASDAQ:MOMO) Stock

Hello Group Inc. provides mobile-based social and entertainment services in the People's Republic of China. It operates Momo platform that includes its Momo mobile application, as well as various related properties, features, functionalities, tools, and services. The company's Momo mobile application connects people and facilitates interactions based on location and interests; and various recreational activities, including live talent shows, short videos, and social games, as well as other video- and audio-based interactive experiences, such as online parties, mobile karaoke, and user participated reality shows. It also operates Tantan, a social and dating application, which enables users to find and establish romantic connections, and meet interesting people; and provides live video, quick chat, value-added, mobile marketing, and other services, as well as mobile games and audio chatrooms. In addition, it allows its platform's users to livestream a variety of content and activities that comprise talent shows, such as singing, dancing, and talk shows, as well as casual chatting, and other forms of interactions between broadcasters and viewers. The company was formerly known as Momo Inc. and changed its name to Hello Group Inc. in August 2021. Hello Group Inc. was incorporated in 2011 and is headquartered in Beijing, the People's Republic of China.

Hello Group Price Performance

MOMO Stock traded down $0.07 during midday trading on Friday, hitting $4.48. The company's stock had a trading volume of 905,018 shares, compared to its average volume of 2,929,782. Hello Group has a 12 month low of $4.14 and a 12 month high of $13.99. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $708.62 million, a price-to-earnings ratio of -1.80 and a beta of 1.14. The company has a 50 day moving average of $4.83 and a two-hundred day moving average of $6.12.

Hello Group (NASDAQ:MOMO - Get Rating) last posted its quarterly earnings results on Tuesday, June 7th. The information services provider reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.05. The business had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.13 billion. Hello Group had a negative return on equity of 24.64% and a negative net margin of 21.82%. The firm's revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.33 EPS. On average, analysts expect that Hello Group will post 0.67 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. China Renaissance upgraded Hello Group from a "hold" rating to a "buy" rating in a research note on Wednesday, June 15th. TheStreet downgraded Hello Group from a "c" rating to a "d" rating in a research note on Monday, June 13th. Benchmark cut their price objective on Hello Group from $22.00 to $20.00 and set a "buy" rating for the company in a research note on Wednesday, June 8th. Citigroup cut their price objective on Hello Group from $8.10 to $7.00 and set a "neutral" rating for the company in a research note on Wednesday, June 8th. Finally, StockNews.com upgraded Hello Group from a "sell" rating to a "hold" rating in a research note on Monday, May 2nd. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $11.75.

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MOMO Stock News Headlines

Hello Group Inc ADR Stock Quote MOMO
Hello to buyback certain senior notes for ~$151.6M
Hello Group Q1 2022 Earnings Preview
Hello Group: Cheaply Valued, Impossible To Ignore
Hello Group Inc (MOMO)
See More Headlines
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MOMO Company Calendar

Last Earnings
6/07/2022
Today
8/19/2022
Next Earnings (Estimated)
8/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:MOMO
Fax
N/A
Employees
2,051
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$11.75
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+162.3%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-457,230,000.00
Pretax Margin
-15.42%

Debt

Sales & Book Value

Annual Sales
$2.29 billion
Book Value
$8.43 per share

Miscellaneous

Free Float
61,055,000
Market Cap
$708.62 million
Optionable
Optionable
Beta
1.14

Key Executives

  • Mr. Yan Tang (Age 43)
    Exec. Chairman
  • Mr. Li Wang (Age 39)
    CEO & Director
  • Mr. Yong Li (Age 47)
    Co-Founder & Independent Director
  • Mr. Xiaoliang Lei (Age 39)
    Co-Founder
  • Ms. Hui Peng
    CFO & Sr. VP of Corp. Fin.
  • Ashley Jing
    Head of Investor Relations













MOMO Stock - Frequently Asked Questions

Should I buy or sell Hello Group stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hello Group in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MOMO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MOMO, but not buy additional shares or sell existing shares.
View MOMO analyst ratings
or view top-rated stocks.

What is Hello Group's stock price forecast for 2022?

5 brokerages have issued 1 year target prices for Hello Group's stock. Their MOMO share price forecasts range from $7.00 to $20.00. On average, they expect the company's stock price to reach $11.75 in the next year. This suggests a possible upside of 162.3% from the stock's current price.
View analysts price targets for MOMO
or view top-rated stocks among Wall Street analysts.

How have MOMO shares performed in 2022?

Hello Group's stock was trading at $8.98 at the beginning of the year. Since then, MOMO shares have decreased by 50.1% and is now trading at $4.48.
View the best growth stocks for 2022 here
.

When is Hello Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our MOMO earnings forecast
.

How were Hello Group's earnings last quarter?

Hello Group Inc. (NASDAQ:MOMO) posted its quarterly earnings data on Tuesday, June, 7th. The information services provider reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.05. The information services provider earned $3.15 billion during the quarter, compared to the consensus estimate of $3.13 billion. Hello Group had a negative net margin of 21.82% and a negative trailing twelve-month return on equity of 24.64%. The business's quarterly revenue was down 9.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.33 EPS.

How often does Hello Group pay dividends? What is the dividend yield for Hello Group?

Hello Group declared a -- dividend on Wednesday, March 30th. Shareholders of record on Wednesday, April 13th will be paid a dividend of $0.62 per share on Friday, April 29th. The ex-dividend date of this dividend is Tuesday, April 12th.
Read our dividend analysis for MOMO
.

What guidance has Hello Group issued on next quarter's earnings?

Hello Group updated its second quarter 2022 earnings guidance on Tuesday, July, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $480.44 million-$496.19 million, compared to the consensus revenue estimate of $495.66 million.

What other stocks do shareholders of Hello Group own?

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).

When did Hello Group 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.

What is Hello Group's stock symbol?

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

Who are Hello Group's major shareholders?

Hello Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (6.92%), ARGA Investment Management LP (3.10%), Goldman Sachs Group Inc. (2.32%), Grantham Mayo Van Otterloo & Co. LLC (1.01%), Walleye Trading LLC (0.00%) and Assenagon Asset Management S.A. (0.93%).
View institutional ownership trends
.

How do I buy shares of Hello Group?

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.
Compare Top Brokerages Here.

What is Hello Group's stock price today?

One share of MOMO stock can currently be purchased for approximately $4.48.

How much money does Hello Group make?

Hello Group (NASDAQ:MOMO) has a market capitalization of $708.62 million and generates $2.29 billion in revenue each year. The information services provider earns $-457,230,000.00 in net income (profit) each year or ($2.51) on an earnings per share basis.

How many employees does Hello Group have?

The company employs 2,051 workers across the globe.

How can I contact Hello Group?

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.

This page (NASDAQ:MOMO) was last updated on 8/20/2022 by MarketBeat.com Staff

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