NASDAQ:MOMO - Momo Stock Price, News, & Analysis

Momo trades on the NASDAQ under the ticker symbol "MOMO."

Momo Inc (NASDAQ:MOMO) announced its quarterly earnings data on Tuesday, May, 29th. The information services provider reported $0.69 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.50 by $0.19. The information services provider earned $435.10 million during the quarter, compared to analyst estimates of $398.28 million. Momo had a return on equity of 37.07% and a net margin of 24.68%. Momo's quarterly revenue was up 64.1% compared to the same quarter last year. During the same period last year, the company earned $0.44 earnings per share. View Momo's Earnings History.

Momo is scheduled to release their next quarterly earnings announcement on Wednesday, August, 22nd 2018. View Earnings Estimates for Momo.

12 Wall Street analysts have issued 12-month price targets for Momo's shares. Their forecasts range from $30.00 to $60.00. On average, they anticipate Momo's stock price to reach $51.0909 in the next year. This suggests a possible upside of 33.9% from the stock's current price. View Analyst Price Targets for Momo.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Momo in the last year. There are currently 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Momo.

Some companies that are related to Momo include ServiceNow (NOW), Autodesk (ADSK), Square (SQ), Check Point Software Technologies (CHKP), CA (CA), Shopify (SHOP), Splunk (SPLK), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), ANSYS (ANSS), Mobileye (MBBYF), Synopsys (SNPS), SS&C Technologies (SSNC), Cadence Design Systems (CDNS) and Dropbox (DBX).

(MOMO) raised $216 million in an 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 acted as the underwriters for the IPO.

News articles about MOMO stock have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Momo earned a coverage optimism score of 0.03 on Accern's scale. They also gave press coverage about the information services provider an impact score of 45.46 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Momo.

Momo's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Pendal Group Ltd (4.32%), BlackRock Inc. (3.35%), Renaissance Technologies LLC (2.26%), Acadian Asset Management LLC (1.93%), Morgan Stanley (1.03%) and FMR LLC (0.86%). View Institutional Ownership Trends for Momo.

MOMO stock was sold by a variety of institutional investors in the last quarter, including Fosun International Ltd, Pendal Group Ltd, FMR LLC, Greenwoods Asset Management Ltd, Krane Funds Advisors LLC, Canada Pension Plan Investment Board, Bank of America Corp DE and Millennium Management LLC. View Insider Buying and Selling for Momo.

MOMO stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Renaissance Technologies LLC, Sylebra HK Co Ltd, KEYWISE CAPITAL MANAGEMENT Ltd, Elephas Investment Management Ltd, Caisse DE Depot ET Placement DU Quebec, Russell Investments Group Ltd. and DSAM Partners London Ltd. View Insider Buying and Selling for 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.

One share of MOMO stock can currently be purchased for approximately $38.15.

Momo has a market capitalization of $8.42 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 924 workers across the globe.

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]