NASDAQ:WBWeibo Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Weibo Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $33.72 +0.67 (+2.03 %) (As of 07/3/2020 04:00 PM ET) Add Compare Share Today's Range$33.49Now: $33.72▼$34.1950-Day Range$29.81MA: $33.12▼$35.8952-Week Range$28.93Now: $33.72▼$55.52Volume1.18 million shsAverage Volume1.68 million shsMarket Capitalization$7.59 billionP/E Ratio19.27Dividend YieldN/ABeta1.73 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingWeibo has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 3 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $45.00, Weibo has a potential upside of 33.5% from its current price of $33.72.Amount of Analyst CoverageWeibo has only been the subject of 4 research reports in the past 90 days. Previous Next 2.9 Community Rank Outperform VotesWeibo has received 580 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWeibo has received 437 “underperform” votes. (Add your “underperform” vote.)Community SentimentWeibo has received 57.03% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldWeibo does not currently pay a dividend.Dividend GrowthWeibo does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Weibo insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 25.72% of the stock of Weibo is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Weibo are expected to grow by 30.65% in the coming year, from $1.86 to $2.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Weibo is 19.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Weibo is 19.27, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 54.10.Price to Earnings Growth RatioWeibo has a PEG Ratio of 2.78. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioWeibo has a P/B Ratio of 3.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.58 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:WB Previous Symbol CUSIPN/A CIK1595761 Webir.weibo.com Phone86-10-5898-3095Debt Debt-to-Equity Ratio0.73 Current Ratio4.69 Quick Ratio4.69Price-To-Earnings Trailing P/E Ratio19.27 Forward P/E Ratio18.13 P/E Growth2.78 Sales & Book Value Annual Sales$1.77 billion Price / Sales4.29 Cash Flow$2.31 per share Price / Cash Flow14.58 Book Value$10.14 per share Price / Book3.33Profitability EPS (Most Recent Fiscal Year)$2.18 Net Income$494.67 million Net Margins23.44% Return on Equity18.14% Return on Assets8.87%Miscellaneous Employees4,126 Outstanding Shares225,040,000Market Cap$7.59 billion Next Earnings Date8/17/2020 (Estimated) OptionableOptionable NASDAQ:WB Rates by TradingView Receive WB News and Ratings via Email Sign-up to receive the latest news and ratings for WB and its competitors with MarketBeat's FREE daily newsletter. Weibo (NASDAQ:WB) Frequently Asked Questions How has Weibo's stock been impacted by COVID-19 (Coronavirus)? Weibo's stock was trading at $39.78 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WB shares have decreased by 15.2% and is now trading at $33.72. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Weibo? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weibo in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Weibo. When is Weibo's next earnings date? Weibo is scheduled to release its next quarterly earnings announcement on Monday, August 17th 2020. View our earnings forecast for Weibo. How were Weibo's earnings last quarter? Weibo Corp (NASDAQ:WB) issued its quarterly earnings results on Tuesday, May, 19th. The information services provider reported $0.30 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.06. The information services provider had revenue of $323.40 million for the quarter, compared to analysts' expectations of $315.02 million. Weibo had a net margin of 23.44% and a return on equity of 18.14%. Weibo's revenue was down 19.0% on a year-over-year basis. During the same period last year, the firm earned $0.56 earnings per share. View Weibo's earnings history. What guidance has Weibo issued on next quarter's earnings? Weibo issued an update on its second quarter 2020 Pre-Market earnings guidance on Tuesday, May, 19th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $380.016-401.607 million, compared to the consensus revenue estimate of $386 million. What price target have analysts set for WB? 9 brokerages have issued 12-month target prices for Weibo's shares. Their forecasts range from $34.50 to $59.00. On average, they anticipate Weibo's stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 33.5% from the stock's current price. View analysts' price targets for Weibo. Has Weibo been receiving favorable news coverage? News articles about WB stock have been trending negative on Saturday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Weibo earned a daily sentiment score of -2.4 on InfoTrie's scale. They also gave media stories about the information services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Weibo. Who are some of Weibo's key competitors? Some companies that are related to Weibo include Twitter (TWTR), Trade Desk (TTD), Yandex (YNDX), Pinterest (PINS), Wix.Com (WIX), FactSet Research Systems (FDS), GDS (GDS), Line (LN), 58.com (WUBA), Livongo Health (LVGO), Switch (SWCH), HUYA (HUYA), Medallia (MDLA), DouYu International (DOYU) and SVMK (SVMK). View all 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), JD.Com (JD), Micron Technology (MU), Netflix (NFLX), 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 following 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) What is Weibo's stock symbol? Weibo trades on the NASDAQ under the ticker symbol "WB." 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, Robinhood, Fidelity, and Charles Schwab. What is Weibo's stock price today? One share of WB stock can currently be purchased for approximately $33.72. How big of a company is Weibo? Weibo has a market capitalization of $7.59 billion and generates $1.77 billion in revenue each year. The information services provider earns $494.67 million in net income (profit) each year or $2.18 on an earnings per share basis. Weibo employs 4,126 workers across the globe. What is Weibo's official website? The official website for Weibo is ir.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] This page was last updated on 7/4/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
