What is Weibo Corp's stock symbol?
Weibo Corp trades on the NASDAQ under the ticker symbol "WB."
Where is Weibo Corp's stock going? Where will Weibo Corp's stock price be in 2017?
10 brokers have issued 12-month target prices for Weibo Corp's stock. Their forecasts range from $24.00 to $70.00. On average, they expect Weibo Corp's share price to reach $52.75 in the next twelve months.
When will Weibo Corp announce their earnings?
Weibo Corp is scheduled to release their next quarterly earnings announcement on Tuesday, February, 28th 2017.
What are analysts saying about Weibo Corp stock?
Here are some recent quotes from research analysts about Weibo Corp stock:
According to Zacks Investment Research, "Weibo Corporation operates as a social media platform for people to create, distribute and discover Chinese-language content. The Company operates in two segments: Advertising and Marketing Services, and Other Services. The company offers self-expression products; social products; discovery products; notifications; third-party online games. Weibo also develops mobile apps, such as Weibo Headlines; Weibo Weather and WeiDisk. It also provides advertising and marketing solutions, including social display ads and promoted marketing products. Weibo Corporation is headquartered in Beijing, China. " (11/30/2016)
J P Morgan Chase & Co analysts commented, "ranging from celebrities to the broad masses of consumers and a proliferation of the latter over the past 18 months."The brokerage said the shifting of Weibo's traffic from celebrity-oriented big KOLs three to four years ago to more grass-roots-oriented small- and medium-sized KOLs over the past one to two years have created new business models, making it feasible for smaller KOLs to monetize fan bases.For Weibo, the transition should aid Weibo's top-line growth through ads, value-added services and revenue-sharing. Weibo has accounts of about 36,000 small- and medium-sized KOLs.Related Link: Citigroup Initiates Coverage On Weibo At Buy, Announces $42.00 PT"We note most of the KOLs in China choose to interact with and monetize their fan bases through their Weibo accounts regardless of where they become famous," analyst Alex Yao wrote in a note."We believe the monetization potential of such a new economy will gradually unfold in the next few years and drive revenue growth acceleration (JPMe FY16-19E CAGR of +53 percent vs. consensus +31 percent)," Yao continued.Yao recommends investors own Weibo for positive earnings revisions before live broadcasting monetization unfolds. The analyst expects FY16/17/18 adjusted EPS of $0.70/$1.37/$2.21 and revenue of $635 million/$1 billion/$1.56 billion."Our base-case scenario suggests live broadcasting could generate an incremental 15 percent/52 percent upside to FY18E revenue and non-GAAP net profit. Our 2017/18 EPS forecasts are 26 percent/36 percent higher than consensus as a result," (8/31/2016)
Who owns Weibo Corp stock?
Weibo Corp's stock is owned by a number of of retail and institutional investors. Top institutional investors include FIL Ltd (0.39%), BRILLIANCE ASSET MANAGEMENT Ltd (0.35%), Two Sigma Investments LP (0.30%), Russell Investments Group Ltd. (0.00%), State Street Corp (0.22%) and Harvest Fund Management Co. Ltd (0.08%).
Who sold Weibo Corp stock? Who is selling Weibo Corp stock?
Weibo Corp's stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Allianz Asset Management AG, FIL Ltd, Guggenheim Capital LLC, FMR LLC, O Shaughnessy Asset Management LLC and Envestnet Asset Management Inc..
Who bought Weibo Corp stock? Who is buying Weibo Corp stock?
Weibo Corp's stock was acquired by a variety of institutional investors in the last quarter, including BRILLIANCE ASSET MANAGEMENT Ltd, Russell Investments Group Ltd., State Street Corp, Harvest Fund Management Co. Ltd, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Asset Management One Co. Ltd., Bessemer Group Inc. and Pacad Investment Ltd..
How do I buy Weibo Corp stock?
Shares of Weibo Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Weibo Corp stock cost?
One share of Weibo Corp stock can currently be purchased for approximately $51.44.