NASDAQ:WBWeibo Stock Price, Forecast & News

$32.98

+1.32 (+4.17 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$32.03

Now: $32.98▼

$33.19

50-Day Range

$29.81

MA: $34.48▼

$37.53

52-Week Range

$28.93

Now: $32.98▼

$55.52

Volume1.80 million shs

Average Volume2.02 million shs

Market Capitalization$7.42 billion

P/E Ratio18.85

Dividend YieldN/A

Beta1.7

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.

Beat the Market (BTM) Rank^™

3.1 Analyst's Opinion

Consensus Rating
Weibo has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $45.43, Weibo has a potential upside of 37.7% from its current price of $32.98.
Amount of Analyst Coverage
Weibo has only been the subject of 3 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Weibo has received 579 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Weibo has received 434 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Weibo has received 57.16% “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.

0.0 Dividend Strength

Dividend Yield
Weibo does not currently pay a dividend.
Dividend Growth
Weibo does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Weibo insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 25.72% of the stock of Weibo is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Weibo are expected to grow by 30.37% in the coming year, from $1.91 to $2.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Weibo is 18.85, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Weibo is 18.85, 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 41.33.
Price to Book Value per Share Ratio
Weibo has a P/B Ratio of 3.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.57 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

Webwww.weibo.com

Phone86-10-5898-3095

Debt

Debt-to-Equity Ratio0.73

Current Ratio4.69

Quick Ratio4.69

Price-To-Earnings

Trailing P/E Ratio18.85

Forward P/E Ratio17.27

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.77 billion

Price / Sales4.20

Cash Flow$2.48 per share

Price / Cash Flow13.30

Book Value$10.14 per share

Price / Book3.25

Profitability

EPS (Most Recent Fiscal Year)$2.18

Net Income$494.67 million

Net Margins23.44%

Return on Equity18.14%

Return on Assets8.87%

Miscellaneous

Employees4,350

Outstanding Shares225,040,000

Market Cap$7.42 billion

Next Earnings Date8/17/2020 (Estimated)

OptionableOptionable

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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 (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WB stock has decreased by 17.1% and is now trading at $32.98. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Weibo?

8 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 2 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) posted its earnings results on Tuesday, May, 19th. The information services provider reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.06. The information services provider earned $323.40 million during 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%. The company's quarterly revenue was down 19.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.56 EPS. 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 EPS 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?

8 Wall Street analysts have issued 12 month price targets for Weibo's stock. Their forecasts range from $34.50 to $59.00. On average, they expect Weibo's share price to reach $45.43 in the next year. This suggests a possible upside of 37.7% from the stock's current price. View analysts' price targets for Weibo.

Has Weibo been receiving favorable news coverage?

Media coverage about WB stock has trended extremely negative on Wednesday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by monitoring 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 nearest to five being the most favorable. Weibo earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave headlines about the information services provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future. View the latest news aboutWeibo.

Who are some of Weibo's key competitors?

Some companies that are related to Weibo include Match Group (MTCH), Twitter (TWTR), Trade Desk (TTD), Yandex (YNDX), Line (LN), Pinterest (PINS), FactSet Research Systems (FDS), Wix.Com (WIX), Stars Group (TSG), 58.com (WUBA), GDS (GDS), InterXion (INXN), Livongo Health (LVGO), Switch (SWCH) and Medallia (MDLA). 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."

Who are Weibo's major shareholders?

Weibo's stock is owned by many different institutional and retail investors. Top institutional shareholders include Invesco Ltd. (1.77%), Fisher Asset Management LLC (1.55%), BlackRock Inc. (1.10%), Federated Hermes Inc. (0.64%), ARGA Investment Management LP (0.48%) and Krane Funds Advisors LLC (0.44%).

Which institutional investors are selling Weibo stock?

WB stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Contrarius Investment Management Ltd, KBC Group NV, TB Alternative Assets Ltd., Fisher Asset Management LLC, Commerzbank Aktiengesellschaft FI, Neumann Advisory Hong Kong Ltd, and BlackRock Inc..

Which institutional investors are buying Weibo stock?

WB stock was bought by a variety of institutional investors in the last quarter, including ARGA Investment Management LP, Invesco Ltd., Krane Funds Advisors LLC, Fiera Capital Corp, Federated Hermes Inc., Canada Pension Plan Investment Board, Engineers Gate Manager LP, and BI Asset Management Fondsmaeglerselskab A S.

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 $32.98.

How big of a company is Weibo?

Weibo has a market capitalization of $7.42 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 4,350 workers across the globe.

What is Weibo's official website?

The official website for Weibo is 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]

This page was last updated on 6/3/2020 by MarketBeat.com Staff