Momo Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Momo in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.

Wall Street analysts have given Momo a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Momo wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Momo is scheduled to release its next quarterly earnings announcement on Thursday, September 2nd 2021.
View our earnings forecast for Momo.

Momo Inc. (NASDAQ:MOMO) posted its quarterly earnings results on Monday, June, 7th. The information services provider reported $2.91 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.34 by $0.57. The information services provider had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.40 billion. Momo had a net margin of 13.65% and a trailing twelve-month return on equity of 14.10%. The firm's revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.34 EPS.
View Momo's earnings history.

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 stock has decreased by 41.5% and is now trading at $15.15.
View which stocks have been most impacted by COVID-19.

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

Momo issued an update on its second quarter 2021 earnings guidance on Tuesday, June, 22nd. The company provided EPS guidance of $- for the period. The company issued revenue guidance of $555.12 million-570.54 million, compared to the consensus revenue estimate of $563.68 million.

9 analysts have issued twelve-month price objectives for Momo's stock. Their forecasts range from $15.00 to $26.00. On average, they anticipate Momo's stock price to reach $19.72 in the next year. This suggests a possible upside of 30.1% from the stock's current price.
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Some companies that are related to Momo include Guidewire Software (GWRE), Appian (APPN), Asana (ASAN), Manhattan Associates (MANH), Smartsheet (SMAR), Konami (KNMCY), Ubisoft Entertainment (UBSFY), Global-e Online (GLBE), Nutanix (NTNX), Anaplan (PLAN), BlackBerry (BB), Kingsoft Cloud (KC), Trend Micro (TMICY), BlackLine (BL) and Varonis Systems (VRNS).
View all of MOMO's competitors.

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).

(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.

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

Momo's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (8.22%), BlackRock Inc. (4.29%), Dimensional Fund Advisors LP (2.02%), ARGA Investment Management LP (1.82%), Neuberger Berman Group LLC (1.52%) and FIL Ltd (1.37%).
View institutional ownership trends for Momo.

MOMO stock was sold by a variety of institutional investors in the last quarter, including ARGA Investment Management LP, Russell Investments Group Ltd., Acadian Asset Management LLC, Geode Capital Management LLC, Tiger Pacific Capital LP, Duality Advisers LP, Renaissance Technologies LLC, and Dalton Investments LLC.
View insider buying and selling activity for Momo or view top insider-selling stocks.

MOMO stock was bought by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Man Group plc, Islet Management LP, FIL Ltd, Grantham Mayo Van Otterloo & Co. LLC, APG Asset Management N.V., E Fund Management Co. Ltd., and BlackRock Inc..
View insider buying and selling activity for Momo or or view top insider-buying stocks.

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.
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One share of MOMO stock can currently be purchased for approximately $15.15.

Momo has a market capitalization of $2.51 billion and generates $2.30 billion in revenue each year. The information services provider earns $322.37 million in net income (profit) each year or $1.48 on an earnings per share basis.

Momo employs 2,394 workers across the globe.

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

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

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]