NASDAQ:WB - Weibo Stock Price, News, & Analysis

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$51.16 -1.46 (-2.77 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$52.62
Today's Range$50.3950 - $52.43
52-Week Range$50.21 - $112.03
Volume3.05 million shs
Average Volume2.24 million shs
Market Capitalization$11.39 billion
P/E Ratio20.30
Dividend YieldN/A
Beta2.03
Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover Chinese-language content. It operates in 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 advertising and marketing solutions, such as social display advertisements; and promoted feeds, accounts, and trends and search products that enable its customers to promote their brands and conduct marketing activities. In addition, the company offers 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 product that enables 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. Weibo Corporation is a subsidiary of Sina Corporation.

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Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone86-10-5898-3095

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.72 billion
Cash Flow$2.5593 per share
Book Value$7.85 per share

Profitability

Net Income$571.82 million

Miscellaneous

Employees3,361
Market Cap$11.39 billion
Next Earnings Date5/23/2019 (Confirmed)
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 $0.73 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.70 by $0.03. The information services provider had revenue of $481.88 million for the quarter, compared to analyst estimates of $481.52 million. Weibo had a net margin of 33.27% and a return on equity of 37.53%. The firm's revenue was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.64 EPS. View Weibo's Earnings History.

When is Weibo's next earnings date?

Weibo is scheduled to release their next quarterly earnings announcement on Thursday, May 23rd 2019. View Earnings Estimates for Weibo.

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 or dial in at 8665194004.

What guidance has Weibo issued on next quarter's earnings?

Weibo issued an update on its first quarter 2019 earnings guidance on Tuesday, March, 5th. The company provided earnings per share 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 12-month price objectives for Weibo's shares. Their forecasts range from $58.00 to $118.00. On average, they anticipate Weibo's stock price to reach $76.00 in the next twelve months. This suggests a possible upside of 48.6% 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. " (5/11/2019)
  • 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 coverage about WB stock has trended negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Weibo earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave media coverage about the information services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

Are investors shorting Weibo?

Weibo saw a drop in short interest in the month of April. As of April 15th, there was short interest totalling 7,501,558 shares, a drop of 18.1% from the March 29th total of 9,162,004 shares. Based on an average trading volume of 2,021,573 shares, the days-to-cover ratio is currently 3.7 days. Approximately 6.2% of the company's stock are short sold. View Weibo's Current Options Chain.

Who are some of Weibo's key competitors?

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), Netflix (NFLX), JD.Com (JD), Baidu (BIDU), Momo (MOMO), Square (SQ), SINA (SINA) and Paypal (PYPL).

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, Sr. VP of Advter. Bus. (Age 50)

Who are Weibo's major shareholders?

Weibo's stock is owned by many different of institutional and retail investors. Top institutional investors include Genesis Asset Managers LLP (1.54%), BlackRock Inc. (1.32%), Platinum Investment Management Ltd. (1.24%), Federated Investors Inc. PA (0.96%), Wells Fargo & Company MN (0.92%) and Neuberger Berman Group LLC (0.42%).

Which major investors are selling Weibo stock?

WB stock was sold by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Handelsbanken Fonder AB, Renaissance Technologies LLC, Neuberger Berman Group LLC, Principal Financial Group Inc., Northern Trust Corp, AIA Investment Management Private Ltd and Parametric Portfolio Associates LLC.

Which major investors are buying Weibo stock?

WB stock was bought by a variety of institutional investors in the last quarter, including Genesis Asset Managers LLP, Platinum Investment Management Ltd., TB Alternative Assets Ltd., Fiera Capital Corp, Federated Investors Inc. PA, Wells Fargo & Company MN, Caisse DE Depot ET Placement DU Quebec and BlackRock Inc..

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 $51.16.

How big of a company is Weibo?

Weibo has a market capitalization of $11.39 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?

The official website for Weibo is http://www.weibo.com/.

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)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  507 (Vote Outperform)
Underperform Votes:  356 (Vote Underperform)
Total Votes:  863
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.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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