NASDAQ:WB - Weibo Stock Price, News, & Analysis

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$60.80 +2.57 (+4.41 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$60.80
Today's Range$58.41 - $61.3614
52-Week Range$53.11 - $142.12
Volume2.92 million shs
Average Volume2.06 million shs
Market Capitalization$12.97 billion
P/E Ratio24.57
Dividend YieldN/A
Beta2.2
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.

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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$1.15 billion
Cash Flow$1.7248 per share
Book Value$5.36 per share

Profitability

Net Income$352.59 million

Miscellaneous

Employees3,361
Market Cap$12.97 billion
OptionableOptionable

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 results on Wednesday, November, 28th. The information services provider reported $0.73 EPS for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.02. The information services provider had revenue of $460.20 million for the quarter, compared to analyst estimates of $459.68 million. Weibo had a net margin of 33.23% and a return on equity of 38.71%. Weibo's quarterly revenue was up 43.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.51 EPS. View Weibo's Earnings History.

When is Weibo's next earnings date?

Weibo is scheduled to release their next quarterly earnings announcement on Tuesday, February 12th 2019. View Earnings Estimates for Weibo.

What guidance has Weibo issued on next quarter's earnings?

Weibo issued an update on its fourth quarter 2018 earnings guidance on Wednesday, November, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $480-490 million, compared to the consensus revenue estimate of $499.47 million.

What price target have analysts set for WB?

9 Wall Street analysts have issued 12 month price targets for Weibo's shares. Their forecasts range from $71.00 to $118.00. On average, they expect Weibo's share price to reach $84.1667 in the next twelve months. This suggests a possible upside of 38.4% from the stock's current price. View Analyst Price Targets 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 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Weibo.

Has Weibo been receiving favorable news coverage?

Media stories about WB stock have been trending somewhat positive on Saturday, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Weibo earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news headlines about the information services provider a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

Who are some of Weibo's key competitors?

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)
  • Mr. Herman Yu, Chief Financial Officer (Age 48)
  • Mr. Jingdong Ge, VP of Marketing (Age 46)
  • Ms. Yajuan Wang, VP of Advter. Bus. (Age 50)

Who are Weibo's major shareholders?

Weibo's stock is owned by a number of of institutional and retail investors. Top institutional investors include Genesis Asset Managers LLP (0.80%), New Silk Road Investment PTE Ltd. (0.21%), DNB Asset Management AS (0.11%), KAMES CAPITAL plc (0.03%), Tealwood Asset Management Inc. (0.02%) and Quadrant Capital Group LLC (0.00%).

Which institutional investors are buying Weibo stock?

WB stock was acquired by a variety of institutional investors in the last quarter, including Genesis Asset Managers LLP, DNB Asset Management AS, New Silk Road Investment PTE Ltd., Tealwood Asset Management Inc., KAMES CAPITAL plc, North Star Investment Management Corp., Ipswich Investment Management Co. Inc. and Quadrant Capital Group 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 $60.80.

How big of a company is Weibo?

Weibo has a market capitalization of $12.97 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 3,361 workers across the globe.

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:  3.0 out of 5 (star star star)
Outperform Votes:  473 (Vote Outperform)
Underperform Votes:  318 (Vote Underperform)
Total Votes:  791
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 1/19/2019 by MarketBeat.com Staff

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