Free Trial
NASDAQ:MOMO

Hello Group (MOMO) Stock Price, News & Analysis

$5.64
-0.02 (-0.35%)
(As of 05/31/2024 ET)
Today's Range
$5.62
$6.09
50-Day Range
$4.84
$6.36
52-Week Range
$4.79
$11.12
Volume
3.64 million shs
Average Volume
2.10 million shs
Market Capitalization
$817.24 million
P/E Ratio
5.13
Dividend Yield
N/A
Price Target
$10.35

Hello Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
83.5% Upside
$10.35 Price Target
Short Interest
Healthy
2.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.28mentions of Hello Group in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.31%
From $1.13 to $1.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.54 out of 5 stars

Computer And Technology Sector

228th out of 602 stocks

Prepackaged Software Industry

75th out of 204 stocks

MOMO stock logo

About Hello Group Stock (NASDAQ:MOMO)

Hello Group Inc. provides mobile-based social and entertainment services in the People's Republic of China. It operates in three segments: Momo, Tantan, and QOOL. The company offers Momo, a mobile application that connects people and facilitates social interactions based on location, interests, and various online recreational activities, including live talent shows, short videos, social games, as well as other video- and audio-based interactive experiences, such as online parties, mobile karaoke and user participated reality shows; Tantan, a social and dating application; and other applications under the Hertz, Soulchill, Duidui, and Tietie names. The company also provides livestream services for various content and activities comprising talent shows, such as singing, dancing, and talk shows, as well as casual chatting, and other forms of interactions between broadcasters and viewers; value-added services; advertising and marketing services; and mobile games. 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.

MOMO Stock Price History

MOMO Stock News Headlines

Hello Group (NASDAQ:MOMO) Price Target Cut to $5.70
Hello Group (NASDAQ:MOMO) PT Lowered to $15.00
Hello Group Q1 Earnings: Weak Guidance Has Been Priced In
Here's what Wall Street expects from Momo A's earnings
Hello Group Q1 2024 Earnings Preview
Hello Group (MOMO) Scheduled to Post Earnings on Tuesday
Hello Group Inc. Sponsored ADR
See More Headlines
Receive MOMO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Hello Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 4/30 Dividend
4/11/2024
Dividend Payable
4/30/2024
Last Earnings
5/28/2024
Today
5/31/2024
Next Earnings (Estimated)
8/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:MOMO
Fax
N/A
Employees
1,382
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.35
High Stock Price Target
$15.00
Low Stock Price Target
$5.70
Potential Upside/Downside
+72.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$275.72 million
Pretax Margin
22.92%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Cash Flow
$1.69 per share
Book Value
$10.78 per share

Miscellaneous

Free Float
55,931,000
Market Cap
$869.40 million
Optionable
Optionable
Beta
0.67
10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Mr. Yan Tang (Age 45)
    Co-Founder, Executive Chairman & CEO
  • Mr. Li Wang (Age 41)
    Executive Director & President
  • Mr. Xiaoliang Lei (Age 41)
    Co-Founder
  • Ms. Hui Peng (Age 45)
    Chief Financial Officer
  • Ms. Sichuan Zhang (Age 41)
    COO & Director
  • Mr. Jianhua Wen
    Chief Technology Officer
  • Ashley Jing
    Head of Investor Relations

MOMO Stock Analysis - Frequently Asked Questions

Should I buy or sell Hello Group stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hello Group in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 target for 2024?

4 brokers have issued 1 year target prices for Hello Group's stock. Their MOMO share price targets range from $5.70 to $15.00. On average, they predict the company's stock price to reach $10.35 in the next twelve months. This suggests a possible upside of 83.5% 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 2024?

Hello Group's stock was trading at $6.95 at the beginning of the year. Since then, MOMO stock has decreased by 18.8% and is now trading at $5.64.
View the best growth stocks for 2024 here
.

When is Hello Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 29th 2024.
View our MOMO earnings forecast
.

How were Hello Group's earnings last quarter?

Hello Group Inc. (NASDAQ:MOMO) announced its quarterly earnings data on Tuesday, May, 28th. The information services provider reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.02. The information services provider earned $2.56 billion during the quarter, compared to analysts' expectations of $2.48 billion. Hello Group had a trailing twelve-month return on equity of 13.61% and a net margin of 13.38%. The company's revenue was down 9.2% on a year-over-year basis. During the same period last year, the company posted $0.28 earnings per share.

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

Hello Group declared an annual dividend on Thursday, April 11th. Shareholders of record on Friday, April 12th will be paid a dividend of $0.52 per share on Tuesday, April 30th. This represents a dividend yield of 8.97%. The ex-dividend date is Thursday, April 11th.
Read our dividend analysis for MOMO
.

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

Hello Group updated its second quarter 2024 earnings guidance on Tuesday, May, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $369.4 million-$383.4 million, compared to the consensus revenue estimate of $380.0 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?

Hello Group (MOMO) raised $216 million in an initial public offering 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 served as the underwriters for the IPO.

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 Acadian Asset Management LLC (5.09%), Vanguard Group Inc. (3.77%), LSV Asset Management (1.57%), Jupiter Asset Management Ltd. (1.12%), Healthcare of Ontario Pension Plan Trust Fund (0.46%) and Mitsubishi UFJ Trust & Banking Corp (0.32%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MOMO) was last updated on 5/31/2024 by MarketBeat.com Staff

From Our Partners