Weibo (WB) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weibo in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WB shares.
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6 Wall Street analysts have issued 12 month target prices for Weibo's stock. Their WB share price forecasts range from $14.60 to $32.60. On average, they predict the company's stock price to reach $20.87 in the next year. This suggests a possible upside of 66.4% from the stock's current price.
View analysts price targets for WB or view top-rated stocks among Wall Street analysts.

Weibo's stock was trading at $19.12 at the start of the year. Since then, WB shares have decreased by 34.4% and is now trading at $12.54.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our WB earnings forecast.

Weibo Co. (NASDAQ:WB) released its quarterly earnings results on Thursday, August, 24th. The information services provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.02. The information services provider earned $440.20 million during the quarter, compared to the consensus estimate of $442.66 million. Weibo had a net margin of 17.47% and a trailing twelve-month return on equity of 13.22%. The company's revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.34 earnings per share.

Weibo announced a -- dividend on Friday, May 26th. Investors of record on Monday, June 26th will be paid a dividend of $0.85 per share on Wednesday, July 26th. The ex-dividend date of this dividend is Friday, June 23rd.
Read our dividend analysis for WB.

ETFs with the largest weight of Weibo (NASDAQ:WB) stock in their portfolio include Global X NASDAQ China Technology ETF (CHIC), First Trust S-Network E-Commerce ETF (ISHP), Global X Social Media Index ETF (SOCL), Invesco China Technology ETF (CQQQ), KraneShares CSI China Internet ETF (KWEB) and Global X Emerging Markets Internet & Ecommerce ETF (EWEB).Invesco Golden Dragon China ETF (PGJ).

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

Weibo trades on the NASDAQ under the ticker symbol "WB."

Shares of WB stock 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 WB stock can currently be purchased for approximately $12.54.

Weibo (NASDAQ:WB) has a market capitalization of $2.94 billion and generates $1.84 billion in revenue each year. The information services provider earns $85.56 million in net income (profit) each year or $1.29 on an earnings per share basis.

The company employs 5,935 workers across the globe.

Weibo's mailing address is 8/F QIHAO PLAZA NO. 8 XINYUAN S. ROAD CHAOYANG DISTRICT, BEIJING F4, 100027. The official website for the company is ir.weibo.com. The information services provider can be reached via phone at 861058983017, via email at ir@staff.weibo.com, or via fax at 86-10-8260-8888.