-logo.jpg "Weibo logo")
Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover Chinese-language content. It operates through two segments, Advertising and Marketing Services, and Value-Added Services. The company offers self-expression products that enable its users to express themselves on its platform; social products to promote social interaction between users on its platform; and discovery products to help users discover content on its platform. It also provides third-party online games, including role-play, card, and strategy games, as well as various services and functions to VIP members. In addition, the company offers advertising and marketing solutions, such as social display advertisements; and promoted feeds, accounts, and trends enable its customers to promote their brands and conduct marketing activities. Further, it provides copyright content, such as TV channels, online video Websites, and operators with copyright content through traffic resource exchange and content traffic sharing; MCNs and other self-media to manage and provide services to content creators on Weibo, such as MCNs, unions, and e-commerce partners; other app developers an application platform which allows users to log into third-party applications; and Weibo Wallet products that enable platform partners to conduct interest generation activities on Weibo. 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.
Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Phone86-10-5898-3095
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.72 billion
Profitability
Miscellaneous
Employees3,361
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable
Weibo (NASDAQ:WB) Frequently Asked Questions
What is Weibo's stock symbol?
Weibo trades on the NASDAQ under the ticker symbol "WB."
How were Weibo's earnings last quarter?
Weibo Corp (NASDAQ:WB) posted its earnings results on Tuesday, March, 5th. The information services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.05. The information services provider had revenue of $481.88 million for the quarter, compared to the consensus estimate of $481.52 million. Weibo had a return on equity of 37.53% and a net margin of 33.27%. The business's quarterly revenue was up 27.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.64 earnings per share. View Weibo's Earnings History.
When is Weibo's next earnings date?
What guidance has Weibo issued on next quarter's earnings?
Weibo updated its first quarter 2019 earnings guidance on Tuesday, March, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $395-405 million, compared to the consensus revenue estimate of $398.97 million.
What price target have analysts set for WB?
15 brokerages have issued twelve-month price targets for Weibo's shares. Their predictions range from $58.00 to $118.00. On average, they expect Weibo's share price to reach $76.00 in the next twelve months. This suggests a possible upside of 29.5% from the stock's current price. View Analyst Price Targets for Weibo.
What is the consensus analysts' recommendation for Weibo?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weibo in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Weibo.
What are Wall Street analysts saying about Weibo stock?
Here are some recent quotes from research analysts about Weibo stock:
- 1. 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. " (3/12/2019)
- 2. Barclays PLC analysts commented, "We stay with our Overweight rating on Weibo and maintain our $75 target. Positives: User engagement is still solid, and MAU/DAU reached 462mn/200mn. Weibo remains a key destination for the social media marketing budgets of global top-ranking brands, which bolstered its KA ads growth ahead of SME ads growth. Social media content saw continued improvement with MCNs doubling y/y to 2,600. Things to Monitor: SME ad revenue growth slowed to 14% y/y (vs. 35% in 3Q18) due to macro headwinds, gaming regulation and competition (more inventories). Alibaba’s disciplined marketing strategies affected Weibo’s related-party revenues, which we expect will linger into 1Q19. Yizhibo’s consolidation generated c.2ppt margin impact, based on our estimates." (3/11/2019)
Has Weibo been receiving favorable news coverage?
News articles about WB stock have trended neutral on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Weibo earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned press coverage about the information services provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the next several days.
Are investors shorting Weibo?
Weibo saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 10,052,073 shares, an increase of 16.4% from the February 15th total of 8,633,797 shares. Based on an average trading volume of 2,811,869 shares, the days-to-cover ratio is currently 3.6 days. Currently, 8.3% of the shares of the company are short sold. View Weibo's Current Options Chain.
Who are some of Weibo's key competitors?
Some companies that are related to Weibo include Red Hat (RHT), Twitter (TWTR), IHS Markit (INFO), Match Group (MTCH), Snap (SNAP), Yandex (YNDX), 58.com (WUBA), Trade Desk (TTD), FactSet Research Systems (FDS), Line (LN), Tripadvisor (TRIP), Sabre (SABR), Wix.Com (WIX), HUYA (HUYA) and Stars Group (TSG).
What other stocks do shareholders of Weibo own?
Who are Weibo's key executives?
Weibo's management team includes the folowing people:
- Mr. Gaofei Wang, Chief Exec. Officer (Age 40)
- Ms. Fei Cao, CFO & VP of Fin. (Age 44)
- Ms. Wen Li, Investor Relations Mang.
- Mr. Jingdong Ge, VP of Marketing (Age 46)
- Ms. Yajuan Wang, VP of Advter. Bus. (Age 50)
Who are Weibo's major shareholders?
Weibo's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.25%), Fisher Asset Management LLC (1.24%), Genesis Asset Managers LLP (0.80%), DSM Capital Partners LLC (0.60%), Macquarie Group Ltd. (0.36%) and Norges Bank (0.28%).
Which major investors are selling Weibo stock?
WB stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Acadian Asset Management LLC, Pendal Group Ltd, Nomura Asset Management Co. Ltd., Barings LLC, First Trust Advisors LP, Bank of New York Mellon Corp and Candriam Luxembourg S.C.A..
Which major investors are buying Weibo stock?
WB stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Genesis Asset Managers LLP, DSM Capital Partners LLC, Norges Bank, 1832 Asset Management L.P., BlackRock Inc., Principal Financial Group Inc. and Handelsbanken Fonder AB.
How do I buy shares of Weibo?
Shares of WB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Weibo's stock price today?
One share of WB stock can currently be purchased for approximately $58.70.
How big of a company is Weibo?
Weibo has a market capitalization of $13.07 billion and generates $1.72 billion in revenue each year. The information services provider earns $571.82 million in net income (profit) each year or $2.52 on an earnings per share basis. Weibo employs 3,361 workers across the globe.
What is Weibo's official website?
How can I contact Weibo?
Weibo's mailing address is 8/F QIHAO PLAZA NO. 8 XINYUAN S. ROAD CHAOYANG DISTRICT, BEIJING F4, 100027. The information services provider can be reached via phone at 86-10-5898-3095 or via email at [email protected]
MarketBeat Community Rating for Weibo (NASDAQ WB)
MarketBeat's community ratings are surveys of what our community members think about Weibo and other stocks. Vote "Outperform" if you believe WB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WB will underperform the S&P 500 over the long term. You may vote once every thirty days.
