NASDAQ:WB - Weibo Stock Price, News & Analysis

$37.08
+1.72 (+4.86 %)
(As of 08/18/2019 01:06 PM ET)
Today's Range
$35.64
Now: $37.08
$37.48
50-Day Range
$34.75
MA: $40.09
$44.35
52-Week Range
$34.26
Now: $37.08
$83.35
Volume3.17 million shs
Average Volume1.94 million shs
Market Capitalization$8.34 billion
P/E Ratio14.71
Dividend YieldN/A
Beta2.21
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. Read More…

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$2.7589 per share
Book Value$7.78 per share

Profitability

Net Income$571.82 million

Miscellaneous

Employees3,361
Market Cap$8.34 billion
Next Earnings Date8/19/2019 (Confirmed)
OptionableOptionable

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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) announced its quarterly earnings data on Thursday, May, 23rd. The information services provider reported $0.56 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.06. The information services provider had revenue of $399.18 million for the quarter, compared to analyst estimates of $399.65 million. Weibo had a net margin of 35.25% and a return on equity of 37.16%. Weibo's revenue was up 14.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.50 earnings per share. View Weibo's Earnings History.

When is Weibo's next earnings date?

Weibo is scheduled to release their next quarterly earnings announcement on Monday, August 19th 2019. View Earnings Estimates for Weibo.

How can I listen to Weibo's earnings call?

Weibo will be holding an earnings conference call on Monday, August 19th 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 updated its second quarter 2019 earnings guidance on Thursday, May, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $427-437 million, compared to the consensus revenue estimate of $481.8 million.

What price target have analysts set for WB?

14 equities research analysts have issued 1 year price objectives for Weibo's shares. Their predictions range from $43.60 to $75.00. On average, they expect Weibo's share price to reach $58.1425 in the next year. This suggests a possible upside of 56.8% from the stock's current price. View Analyst Price Targets for Weibo.

What is the consensus analysts' recommendation for Weibo?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weibo in the last year. There are currently 1 sell rating, 9 hold ratings and 4 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. " (8/15/2019)
  • 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 headlines about WB stock have trended negative this week, InfoTrie reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Weibo earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned press coverage about the information services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Weibo.

Are investors shorting Weibo?

Weibo saw a decline in short interest during the month of July. As of July 31st, there was short interest totalling 11,334,400 shares, a decline of 16.7% from the June 30th total of 13,604,700 shares. Based on an average trading volume of 2,220,000 shares, the short-interest ratio is currently 5.1 days. Currently, 9.3% of the shares of the company are sold short. 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 Advanced Micro Devices (AMD).

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 a variety of of retail and institutional investors. Top institutional shareholders include Invesco Ltd. (2.04%), Fisher Asset Management LLC (1.87%), Platinum Investment Management Ltd. (1.38%), BlackRock Inc. (1.23%), Wells Fargo & Company MN (1.03%) and Vanguard Group Inc. (0.83%).

Which institutional investors are selling Weibo stock?

WB stock was sold by a variety of institutional investors in the last quarter, including Genesis Asset Managers LLP, Krane Funds Advisors LLC, BlackRock Inc., Fisher Asset Management LLC, William Blair Investment Management LLC, AQR Capital Management LLC, TB Alternative Assets Ltd. and AIA Investment Management Private Ltd.

Which institutional investors are buying Weibo stock?

WB stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Nuveen Asset Management LLC, Platinum Investment Management Ltd., SG Americas Securities LLC, Natixis, Wells Fargo & Company MN, Canada Pension Plan Investment Board and Kayne Anderson Rudnick Investment Management LLC.

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 $37.08.

How big of a company is Weibo?

Weibo has a market capitalization of $8.34 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.View Additional Information About Weibo.

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:  517 (Vote Outperform)
Underperform Votes:  375 (Vote Underperform)
Total Votes:  892
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 8/18/2019 by MarketBeat.com Staff

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