-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. Weibo Corporation is a subsidiary of SINA Corporation.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:WB
CUSIPN/A
Phone86-10-6061-8000
Debt
Debt-to-Equity Ratio0.66
Current Ratio3.99
Quick Ratio3.99
Price-To-Earnings
Trailing P/E Ratio56.47
Forward P/E Ratio32.39
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.15 billion
Price / Sales16.95
Cash Flow$1.6632 per share
Price / Cash52.97
Book Value$5.40 per share
Price / Book16.31
Profitability
EPS (Most Recent Fiscal Year)$1.56
Net Income$352.59 million
Net Margins31.12%
Return on Equity36.15%
Return on Assets19.78%
Miscellaneous
Employees3,062
Outstanding Shares221,220,000
Market Cap$19,489.22
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 earnings results on Wednesday, May, 9th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.08. The information services provider had revenue of $319.90 million for the quarter, compared to analyst estimates of $343.91 million. Weibo had a return on equity of 36.15% and a net margin of 31.12%. Weibo's quarterly revenue was up 60.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.26 EPS. View Weibo's Earnings History.
When is Weibo's next earnings date?
What price target have analysts set for WB?
9 equities research analysts have issued 12-month price targets for Weibo's shares. Their predictions range from $102.00 to $160.00. On average, they anticipate Weibo's stock price to reach $135.1250 in the next twelve months. This suggests a possible upside of 53.4% from the stock's current price. View Analyst Ratings for Weibo.
What is the consensus analysts' recommendation for Weibo?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weibo in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Weibo's key competitors?
Some companies that are related to Weibo include Twitter (TWTR), Red Hat (RHT), IHS Markit (INFO), Snap (SNAP), Yandex (YNDX), Line (LN), Match Group (MTCH), 58.com (WUBA), Tripadvisor Inc Common Stock (TRIP), FactSet Research Systems (FDS), Stars Group (TSG), Sabre (SABR), Wix.Com (WIX), InterXion (INXN) and GDS (GDS).
Who are Weibo's key executives?
Weibo's management team includes the folowing people:
- Mr. Gaofei Wang, Chief Exec. Officer (Age 39)
- Ms. Fei Cao, CFO & VP of Fin. (Age 43)
- Mr. Herman Yu, Chief Financial Officer (Age 47)
- Mr. Jingdong Ge, VP of Marketing (Age 45)
- Ms. Yajuan Wang, VP of Advter. Bus. (Age 49)
Has Weibo been receiving favorable news coverage?
News stories about WB stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Weibo earned a news sentiment score of 0.24 on Accern's scale. They also gave news articles about the information services provider an impact score of 44.90 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Weibo's major shareholders?
Weibo's stock is owned by many different of institutional and retail investors. Top institutional investors include Pendal Group Ltd (0.29%), Neumann Advisory Hong Kong Ltd (0.11%), Bank of Montreal Can (0.04%), Handelsbanken Fonder AB (0.02%), Baillie Gifford & Co. (0.01%) and WIM Asset Management HK Ltd (0.01%). View Institutional Ownership Trends for Weibo.
Which major investors are selling Weibo stock?
WB stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Baillie Gifford & Co., Neumann Advisory Hong Kong Ltd and World Asset Management Inc. View Insider Buying and Selling for Weibo.
Which major investors are buying Weibo stock?
WB stock was bought by a variety of institutional investors in the last quarter, including WIM Asset Management HK Ltd, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Mckinley Capital Management LLC Delaware, Handelsbanken Fonder AB, Bank of Montreal Can, Confluence Investment Management LLC, XR Securities LLC and Dorsey Wright & Associates. View Insider Buying and Selling for Weibo.
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 $88.10.
How big of a company is Weibo?
Weibo has a market capitalization of $19.49 billion and generates $1.15 billion in revenue each year. The information services provider earns $352.59 million in net income (profit) each year or $1.56 on an earnings per share basis. Weibo employs 3,062 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 information services provider can be reached via phone at 86-10-6061-8000 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.
