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NASDAQ:WB

Weibo (WB) Stock Price, News & Analysis

$7.71
+0.03 (+0.39%)
(As of 07/26/2024 ET)
Today's Range
$7.67
$7.78
50-Day Range
$7.65
$9.66
52-Week Range
$7.58
$16.02
Volume
651,605 shs
Average Volume
1.33 million shs
Market Capitalization
$1.81 billion
P/E Ratio
6.48
Dividend Yield
N/A
Price Target
$11.65

Weibo MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
51.1% Upside
$11.65 Price Target
Short Interest
Bearish
7.33% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.34mentions of Weibo in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.43%
From $1.48 to $1.59 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.

3.80 out of 5 stars

Computer And Technology Sector

221st out of 612 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

21st out of 60 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

Get Your Money Out of These 3 Social Media Stocks by 2025
625,000% Gain
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Weibo Q1 Profit Falls
Weibo Shares Rise In Pre-market After Q1 Results Beat View
625,000% Gain
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Forecasting The Future: 4 Analyst Projections For Weibo
Weibo: The Dividend Is A Start
See More Headlines
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Company Calendar

Ex-Dividend for 5/13 Dividend
4/11/2024
Dividend Payable
5/13/2024
Last Earnings
5/23/2024
Today
7/26/2024
Next Earnings (Estimated)
8/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
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
+51.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$342.60 million
Pretax Margin
25.99%

Debt

Sales & Book Value

Annual Sales
$1.76 billion
Cash Flow
$1.75 per share
Book Value
$14.73 per share

Miscellaneous

Free Float
137,467,000
Market Cap
$1.81 billion
Optionable
Optionable
Beta
0.21
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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

How have WB shares performed this year?

Weibo's stock was trading at $10.95 at the beginning of 2024. Since then, WB stock has decreased by 29.6% and is now trading at $7.71.
View the best growth stocks for 2024 here
.

How were Weibo's earnings last quarter?

Weibo Co. (NASDAQ:WB) announced its quarterly earnings data on Thursday, May, 23rd. The information services provider reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. The information services provider earned $395.50 million during the quarter, compared to analyst estimates of $396.50 million. Weibo had a trailing twelve-month return on equity of 10.92% and a net margin of 16.74%.

Who are Weibo's major shareholders?

Weibo's top institutional investors include Allspring Global Investments Holdings LLC (1.80%), SG Americas Securities LLC (0.02%) and Deltec Asset Management LLC.

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.

What other stocks do shareholders of Weibo own?

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

This page (NASDAQ:WB) was last updated on 7/27/2024 by MarketBeat.com Staff

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