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NASDAQ:WB

Weibo (WB) Stock Price, News & Analysis

$8.87
-0.20 (-2.21%)
(As of 05/22/2024 ET)
Today's Range
$8.78
$9.20
50-Day Range
$7.63
$10.04
52-Week Range
$7.58
$16.97
Volume
1.91 million shs
Average Volume
2.21 million shs
Market Capitalization
$2.08 billion
P/E Ratio
6.25
Dividend Yield
N/A
Price Target
$11.65

Weibo MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
31.3% Upside
$11.65 Price Target
Short Interest
Bearish
5.12% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.08mentions of Weibo in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.94%
From $1.54 to $1.77 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.

3.12 out of 5 stars

Computer And Technology Sector

280th out of 591 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

25th out of 58 stocks

WB stock logo

About Weibo Stock (NASDAQ:WB)

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform. It also provides advertising and marketing solutions, such as social display advertisements; and promoted marketing offerings, such as Fans Headline and Weibo Express promoted feeds, as well as promoted trends and search products that appear alongside user's trends discovery and search behaviors. In addition, the company offers products, such as trends, search, video/live streaming, and editing tools; content customization, copyright contents pooling, and user interaction development; and search list recommendation, trends list recommendation, and Weibo app opening advertisements. Further, it provides back-end management, traffic support, and product solutions to MCNs, unions, and e-commerce partners; open application platform for other app developers that allows users to log into third-party applications with their Weibo account for sharing third-party content on its platform; and Weibo Wallet, a product that enables platform partners to conduct interest generation activities on Weibo, such as handing out red envelops and coupons. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012. The company was founded in 2009 and is headquartered in Beijing, China. Weibo Corporation operates as a subsidiary of Sina Corporation.

WB Stock Price History

WB Stock News Headlines

Weibo Announces Results of 2024 Annual General Meeting
Weibo (NASDAQ:WB) Stock Price Down 3.4%
Forecasting The Future: 4 Analyst Projections For Weibo
Weibo (WB) to Release Quarterly Earnings on Thursday
Weibo: The Dividend Is A Start
Weibo Files its Annual Report on Form 20-F
WB May 2024 10.000 call
Weibo to Hold Annual General Meeting on May 22, 2024
Beyond The Numbers: 4 Analysts Discuss Weibo Stock
See More Headlines
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Company Calendar

Last Earnings
3/14/2024
Ex-Dividend for 5/13 Dividend
4/11/2024
Dividend Payable
5/13/2024
Today
5/23/2024
Next Earnings (Confirmed)
5/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Employees
5,268
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.65
High Stock Price Target
$18.00
Low Stock Price Target
$9.80
Potential Upside/Downside
+31.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$342.60 million
Pretax Margin
28.57%

Debt

Sales & Book Value

Annual Sales
$1.76 billion
Cash Flow
$1.66 per share
Book Value
$14.73 per share

Miscellaneous

Free Float
137,467,000
Market Cap
$2.08 billion
Optionable
Optionable
Beta
0.40
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Key Executives

  • Mr. Gaofei Wang (Age 45)
    CEO & Director
  • Ms. Fei Cao (Age 49)
    Chief Financial Officer
  • Mr. Wang Wei (Age 50)
    Chief Operating Officer
  • Ms. Wen Li
    Investor Relations Manager
  • Mr. Jingdong Ge (Age 51)
    Senior Vice President of Advertising Business
  • Mr. Zenghui Cao (Age 46)
    Senior Vice President of Operation
  • Sandra Zhang
    Investor Relations Officer & Senior Financial Analyst

WB Stock Analysis - Frequently Asked Questions

Should I buy or sell Weibo stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Weibo in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" WB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WB, but not buy additional shares or sell existing shares.
View WB analyst ratings
or view top-rated stocks.

What is Weibo's stock price target for 2024?

7 brokers have issued 1 year target prices for Weibo's shares. Their WB share price targets range from $9.80 to $18.00. On average, they anticipate the company's stock price to reach $11.65 in the next twelve months. This suggests a possible upside of 31.3% from the stock's current price.
View analysts price targets for WB
or view top-rated stocks among Wall Street analysts.

How have WB shares performed in 2024?

Weibo's stock was trading at $10.95 on January 1st, 2024. Since then, WB shares have decreased by 19.0% and is now trading at $8.87.
View the best growth stocks for 2024 here
.

When is Weibo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our WB earnings forecast
.

How can I listen to Weibo's earnings call?

Weibo will be holding an earnings conference call on Thursday, May 23rd at 7:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Weibo's earnings last quarter?

Weibo Co. (NASDAQ:WB) posted its quarterly earnings results on Thursday, March, 14th. The information services provider reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.14. The information services provider had revenue of $463.67 million for the quarter, compared to analyst estimates of $452.30 million. Weibo had a trailing twelve-month return on equity of 10.77% and a net margin of 19.47%.

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

Weibo announced a -- dividend on Thursday, March 14th. Stockholders of record on Friday, April 12th will be paid a dividend of $0.80 per share on Monday, May 13th. The ex-dividend date of this dividend is Thursday, April 11th.
Read our dividend analysis for WB
.

What other stocks do shareholders of Weibo own?

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).

Who are Weibo's major shareholders?

Weibo's stock is owned by a number of institutional and retail investors. Top institutional shareholders include ARGA Investment Management LP (2.73%), Allspring Global Investments Holdings LLC (1.83%), Allspring Global Investments Holdings LLC (1.83%), Vanguard Group Inc. (1.17%), Healthcare of Ontario Pension Plan Trust Fund (0.35%) and Acadian Asset Management LLC (0.34%).

How do I buy shares of Weibo?

Shares of WB 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:WB) was last updated on 5/23/2024 by MarketBeat.com Staff

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