NASDAQ:WB - Weibo Stock Price, Forecast & News

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

Weibo Corp (NASDAQ:WB) issued its quarterly earnings data on Thursday, November, 14th. The information services provider reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.09. The information services provider earned $467.75 million during the quarter, compared to analysts' expectations of $471.84 million. Weibo had a return on equity of 28.88% and a net margin of 31.79%. The business's revenue was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.75 earnings per share. View Weibo's Earnings History.

Weibo is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Weibo.

Weibo issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$481.875-496.331 million, compared to the consensus revenue estimate of $$496.27 million.

11 equities research analysts have issued twelve-month target prices for Weibo's stock. Their forecasts range from $45.00 to $72.00. On average, they anticipate Weibo's share price to reach $53.65 in the next year. This suggests a possible upside of 23.2% from the stock's current price. View Analyst Price Targets for Weibo.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weibo in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Weibo.

Media coverage about WB stock has trended somewhat positive this week, according to InfoTrie. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Weibo earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned press coverage about the information services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Weibo.

Some companies that are related to Weibo include IHS Markit (INFO), Snap (SNAP), Twitter (TWTR), Match Group (MTCH), Zoom Video Communications (ZM), Yandex (YNDX), Trade Desk (TTD), Pinterest (PINS), Line (LN), FactSet Research Systems (FDS), 58.com (WUBA), Stars Group (TSG), Wix.Com (WIX), InterXion (INXN) and GDS (GDS).

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 Baozun (BZUN).

Weibo's stock is owned by many different of institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.12%), Neumann Advisory Hong Kong Ltd (0.10%), Commerzbank Aktiengesellschaft FI (0.09%), Tealwood Asset Management Inc. (0.02%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%) and Hexavest Inc. (0.01%).

WB stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Neumann Advisory Hong Kong Ltd, Hexavest Inc., Tealwood Asset Management Inc. and Zurcher Kantonalbank Zurich Cantonalbank .

WB stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Strs Ohio, Exane Derivatives and CenterStar Asset Management LLC.

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.

One share of WB stock can currently be purchased for approximately $43.56.

Weibo has a market capitalization of $9.80 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 4,350 workers across the globe.View Additional Information About Weibo.

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

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]