NASDAQ:MOMOMomo Stock Price, Forecast & News

Momo's stock was trading at $25.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MOMO shares have decreased by 26.1% and is now trading at $19.14. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Momo in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Momo.

Momo is scheduled to release its next quarterly earnings announcement on Thursday, May 28th 2020. View our earnings forecast for Momo.

Momo will be holding an earnings conference call on Thursday, May 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Momo Inc (NASDAQ:MOMO) announced its earnings results on Thursday, March, 19th. The information services provider reported $5.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $4.88. The information services provider had revenue of $4.69 billion for the quarter, compared to the consensus estimate of $4.59 billion. Momo had a net margin of 17.36% and a return on equity of 24.77%. The firm's quarterly revenue was up 22.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.59 EPS. View Momo's earnings history.

Momo announced a -- dividend on Friday, March 20th. Shareholders of record on Wednesday, April 8th will be given a dividend of $0.76 per share on Thursday, April 30th. This represents a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, April 7th. View Momo's dividend history.

Momo updated its first quarter 2020 Pre-Market earnings guidance on Thursday, March, 19th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $483-497 million.

5 equities research analysts have issued 1 year target prices for Momo's stock. Their forecasts range from $26.00 to $40.40. On average, they anticipate Momo's share price to reach $35.18 in the next twelve months. This suggests a possible upside of 83.8% from the stock's current price. View analysts' price targets for Momo.

Headlines about MOMO stock have been trending somewhat positive on Monday, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 1.4 on InfoTrie's scale. They also gave media headlines about the information services provider a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutMomo.

Some companies that are related to Momo include Paycom Software (PAYC), Check Point Software Technologies (CHKP), Coupa Software (COUP), Tableau Software (DATA), Tyler Technologies (TYL), SS&C Technologies (SSNC), Mongodb (MDB), Symantec (SYMC), NortonLifeLock (NLOK), Nice (NICE), Black Knight (BKI), Dynatrace (DT), Alteryx (AYX), UBISOFT ENTMT S/ADR (UBSFY) and Ceridian HCM (CDAY). View all 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), Square (SQ), Baidu (BIDU), Netflix (NFLX), Bank of America (BAC) and Weibo (WB).

(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.

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

Momo's stock is owned by a number of retail and institutional investors. Top institutional investors include Pendal Group Ltd (6.62%), BlackRock Inc. (3.51%), Krane Funds Advisors LLC (1.16%), Invesco Ltd. (0.89%), Pictet Asset Management Ltd. (0.51%) and Legal & General Group Plc (0.47%). View institutional ownership trends for Momo.

MOMO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Genesis Investment Management LLP, Wells Fargo & Company MN, KBC Group NV, Russell Investments Group Ltd., Victory Capital Management Inc., Victory Capital Management Inc., and Handelsbanken Fonder AB. View insider buying and selling activity for Momo.

MOMO stock was purchased by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Pictet Asset Management Ltd., Krane Funds Advisors LLC, Bogle Investment Management L P DE, APG Asset Management N.V., MERIAN GLOBAL INVESTORS UK Ltd, Two Sigma Advisers LP, and Caisse DE Depot ET Placement DU Quebec. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of MOMO stock can currently be purchased for approximately $19.14.

Momo has a market capitalization of $3.97 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. Momo employs 2,147 workers across the globe.

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

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]