NASDAQ:MOMO

Momo Stock Forecast, Price & News

$15.24
-0.56 (-3.54 %)
(As of 04/12/2021 08:57 AM ET)
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Today's Range
$15.24
Now: $15.24
$15.30
50-Day Range
$13.95
MA: $16.06
$18.46
52-Week Range
$12.52
Now: $15.24
$24.69
Volume126 shs
Average Volume4.91 million shs
Market Capitalization$2.57 billion
P/E Ratio9.35
Dividend YieldN/A
Beta1.54
Momo Inc. operates a mobile-based social and entertainment platform 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 to users, customers, and platform partners. 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 live chats and mobile karaoke experience. It also operates Tantan, a social and dating app for young mobile Internet users, which enables users to find and establish romantic connections, and meet interesting people. 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.
Momo logo

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
Current SymbolNASDAQ:MOMO
CUSIPN/A
Phone86-10-5731-0567
Employees2,350
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.44 billion
Cash Flow$2.18 per share
Book Value$9.49 per share

Profitability

Net Income$426.74 million

Miscellaneous

Market Cap$2.57 billion
Next Earnings Date5/27/2021 (Estimated)
OptionableOptionable

Headlines

Momo Stock Appears To Be Significantly Undervalued
March 29, 2021 |  uk.finance.yahoo.com
Momo (NASDAQ:MOMO) Upgraded to Buy at Citigroup
March 26, 2021 |  americanbankingnews.com
Momo (NASDAQ:MOMO) Downgraded to Neutral at DA Davidson
March 26, 2021 |  americanbankingnews.com
Momo (NASDAQ:MOMO) Issues Earnings Results
March 26, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.96 out of 5 stars

Computer And Technology Sector

82nd out of 1,544 stocks

Prepackaged Software Industry

16th out of 283 stocks

Analyst Opinion: 4.2Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$15.24
-0.56 (-3.54 %)
(As of 04/12/2021 08:57 AM ET)
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Momo (NASDAQ:MOMO) Frequently Asked Questions

Is Momo a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Momo in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Momo stock. 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 analyst ratings for Momo
or view top-rated stocks.

What stocks does MarketBeat like better than Momo?

Wall Street analysts have given Momo a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Momo wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Momo's next earnings date?

Momo is scheduled to release its next quarterly earnings announcement on Thursday, May 27th 2021.
View our earnings forecast for Momo
.

How were Momo's earnings last quarter?

Momo Inc. (NASDAQ:MOMO) released its quarterly earnings results on Wednesday, March, 24th. The information services provider reported $3.72 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.72 by $1.00. The information services provider had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.68 billion. Momo had a net margin of 15.75% and a trailing twelve-month return on equity of 18.15%. Momo's revenue was down 19.0% compared to the same quarter last year. During the same period last year, the firm earned $5.61 EPS.
View Momo's earnings history
.

How has Momo's stock been impacted by COVID-19 (Coronavirus)?

Momo's stock was trading at $25.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MOMO shares have decreased by 39.0% and is now trading at $15.80.
View which stocks have been most impacted by COVID-19
.

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

Momo declared an annual dividend on Friday, March 26th. Shareholders of record on Tuesday, April 13th will be given a dividend of $0.62 per share on Friday, April 30th. This represents a yield of 4.29%. The ex-dividend date of this dividend is Monday, April 12th.
View Momo's dividend history
.

What guidance has Momo issued on next quarter's earnings?

Momo updated its first quarter 2021 Pre-Market earnings guidance on Thursday, March, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $507.36-522.46 million, compared to the consensus revenue estimate of $507.68 million.

What price target have analysts set for MOMO?

13 analysts have issued 12 month target prices for Momo's shares. Their forecasts range from $15.00 to $35.00. On average, they anticipate Momo's stock price to reach $24.28 in the next year. This suggests a possible upside of 53.7% from the stock's current price.
View analysts' price targets for Momo
or view top-rated stocks among Wall Street analysts.

Who are Momo's key executives?

Momo's management team includes the following people:
  • Mr. Yan Tang, Exec. Chairman (Age 42)
  • Mr. Li Wang, CEO, Pres & Director (Age 38)
  • Mr. Xiaoliang Lei, Co-Founder (Age 38)
  • Mr. Xiaosong Zhang, Chief Financial Officer (Age 58)
  • Mr. Chunlai Wang, Chief Technology Officer (Age 34)
  • Ms. Cathy Peng, Head of Investor Relations

Who are some of Momo's key competitors?

What other stocks do shareholders of Momo own?

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

When did Momo IPO?

(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.

What is Momo's stock symbol?

Momo trades on the NASDAQ under the ticker symbol "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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Momo's stock price today?

One share of MOMO stock can currently be purchased for approximately $15.80.

How much money does Momo make?

Momo has a market capitalization of $2.66 billion and generates $2.44 billion in revenue each year. The information services provider earns $426.74 million in net income (profit) each year or $1.94 on an earnings per share basis.

How many employees does Momo have?

Momo employs 2,350 workers across the globe.

What is Momo's official website?

The official website for Momo is www.immomo.com.

Where are Momo's headquarters?

Momo is headquartered at 20/F BLOCK B TOWER 2 WANGJING SOHO NO.1 FUTONGDONG STREET CHAOYANG DISTRICT, BEIJING F4, 100102.

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]


This page was last updated on 4/12/2021 by MarketBeat.com Staff
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