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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
NASDAQ:WB

Weibo - WB Stock Forecast, Price & News

$19.47
-0.11 (-0.56%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$18.96
$19.65
50-Day Range
$18.28
$24.66
52-Week Range
$17.73
$55.27
Volume
375,019 shs
Average Volume
702,988 shs
Market Capitalization
$4.61 billion
P/E Ratio
14.53
Dividend Yield
N/A
Price Target
$39.33

Weibo MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
102.0% Upside
$39.33 Price Target
Short Interest
Bearish
2.96% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.01mentions of Weibo in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.74%
From $2.12 to $2.39 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.19 out of 5 stars

Computer And Technology Sector

373rd out of 659 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

31st out of 66 stocks

WB stock logo

About Weibo (NASDAQ:WB) Stock

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, 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 is a subsidiary of Sina Corporation.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Benchmark decreased their price objective on shares of Weibo from $56.00 to $39.00 in a research report on Wednesday, June 1st. StockNews.com cut shares of Weibo from a "buy" rating to a "hold" rating in a research report on Friday, July 29th. HSBC decreased their price objective on shares of Weibo from $31.00 to $26.00 and set a "hold" rating on the stock in a research report on Thursday, June 2nd. Finally, CLSA decreased their price objective on shares of Weibo from $45.00 to $42.70 and set a "buy" rating on the stock in a research report on Wednesday, May 18th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Weibo has a consensus rating of "Moderate Buy" and a consensus price target of $39.33.

Weibo Trading Down 0.6 %

Shares of NASDAQ:WB traded down $0.11 during trading on Friday, reaching $19.47. 375,019 shares of the company traded hands, compared to its average volume of 702,988. The firm has a market capitalization of $4.61 billion, a price-to-earnings ratio of 14.53, a P/E/G ratio of 2.05 and a beta of 0.65. Weibo has a 52-week low of $17.73 and a 52-week high of $55.27. The company has a current ratio of 2.27, a quick ratio of 2.27 and a debt-to-equity ratio of 0.43. The business's fifty day moving average is $21.26 and its 200-day moving average is $23.89.

Weibo (NASDAQ:WB - Get Rating) last released its quarterly earnings data on Wednesday, June 1st. The information services provider reported $0.47 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.05. The firm had revenue of $484.60 million during the quarter, compared to analyst estimates of $473.58 million. Weibo had a return on equity of 14.51% and a net margin of 13.62%. The business's quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.22 earnings per share. As a group, analysts forecast that Weibo will post 2.12 EPS for the current year.

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WB Stock News Headlines

Weibo Target of Unusually Large Options Trading (NASDAQ:WB)
Weibo (NASDAQ:WB) Downgraded by StockNews.com to Hold
Brokerages Set Weibo Co. (NASDAQ:WB) Price Target at $39.33
Weibo (NASDAQ:WB) Stock Rating Lowered by StockNews.com
See More Headlines
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WB Company Calendar

Last Earnings
6/01/2022
Today
8/13/2022
Next Earnings (Estimated)
8/17/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Employees
6,147
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$39.33
High Stock Price Forecast
$66.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+102.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$428.32 million
Pretax Margin
18.67%

Debt

Sales & Book Value

Annual Sales
$2.26 billion
Cash Flow
$2.03 per share
Book Value
$15.31 per share

Miscellaneous

Free Float
N/A
Market Cap
$4.61 billion
Optionable
Optionable
Beta
0.65














WB Stock - Frequently Asked Questions

Should I buy or sell Weibo stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Weibo in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WB shares.
View WB analyst ratings
or view top-rated stocks.

What is Weibo's stock price forecast for 2022?

8 Wall Street research analysts have issued 12 month target prices for Weibo's shares. Their WB share price forecasts range from $24.00 to $66.00. On average, they expect the company's stock price to reach $39.33 in the next twelve months. This suggests a possible upside of 102.0% 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 2022?

Weibo's stock was trading at $30.98 at the beginning of 2022. Since then, WB stock has decreased by 37.2% and is now trading at $19.47.
View the best growth stocks for 2022 here
.

When is Weibo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022.
View our WB earnings forecast
.

How were Weibo's earnings last quarter?

Weibo Co. (NASDAQ:WB) posted its quarterly earnings data on Wednesday, June, 1st. The information services provider reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.05. The information services provider earned $484.60 million during the quarter, compared to analysts' expectations of $473.58 million. Weibo had a trailing twelve-month return on equity of 14.51% and a net margin of 13.62%. The company's revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.22 EPS.

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).

What is Weibo's stock symbol?

Weibo trades on the NASDAQ under the ticker symbol "WB."

Who are Weibo's major shareholders?

Weibo's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.08%), ARGA Investment Management LP (1.51%), Deutsche Bank AG (1.49%), Renaissance Technologies LLC (0.34%), Bank of Montreal Can (0.29%) and FMR LLC (0.16%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Weibo's stock price today?

One share of WB stock can currently be purchased for approximately $19.47.

How much money does Weibo make?

Weibo (NASDAQ:WB) has a market capitalization of $4.61 billion and generates $2.26 billion in revenue each year. The information services provider earns $428.32 million in net income (profit) each year or $1.34 on an earnings per share basis.

How many employees does Weibo have?

The company employs 6,147 workers across the globe.

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 official website for the company is ir.weibo.com. The information services provider can be reached via phone at 861058983017, via email at ir@staff.weibo.com, or via fax at 86-10-8260-8888.

This page (NASDAQ:WB) was last updated on 8/13/2022 by MarketBeat.com Staff

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