-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.
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
Phone86-10-5898-3095
Debt
Debt-to-Equity Ratio0.61
Current Ratio3.97
Quick Ratio3.97
Price-To-Earnings
Trailing P/E Ratio35.55
Forward P/E Ratio22.73
P/E Growth0.82
Sales & Book Value
Annual Sales$1.15 billion
Price / Sales10.67
Cash Flow$1.6136 per share
Price / Cash34.37
Book Value$5.40 per share
Price / Book10.27
Profitability
EPS (Most Recent Fiscal Year)$1.56
Net Income$352.59 million
Net Margins32.03%
Return on Equity37.75%
Return on Assets19.43%
Miscellaneous
Employees3,361
Outstanding Shares221,220,000
Market Cap$12.64 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) released its quarterly earnings data on Wednesday, August, 8th. The information services provider reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.02. The information services provider had revenue of $426.60 million for the quarter, compared to analysts' expectations of $426.54 million. Weibo had a net margin of 32.03% and a return on equity of 37.75%. The company's revenue for the quarter was up 68.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.38 earnings per share. View Weibo's Earnings History.
What price target have analysts set for WB?
8 Wall Street analysts have issued 1 year price objectives for Weibo's stock. Their forecasts range from $90.00 to $130.00. On average, they anticipate Weibo's share price to reach $108.8333 in the next year. This suggests a possible upside of 96.2% from the stock's current price. View Analyst Price Targets for Weibo.
What is the consensus analysts' recommendation for Weibo?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weibo in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Weibo.
Has Weibo been receiving favorable news coverage?
News headlines about WB stock have trended positive this week, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 2.1 on InfoTrie's scale. They also assigned news articles about the information services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of Weibo's key competitors?
Some companies that are related to Weibo include Red Hat (RHT), Twitter (TWTR), IHS Markit (INFO), Match Group (MTCH), Yandex (YNDX), 58.com (WUBA), FactSet Research Systems (FDS), Snap (SNAP), Tripadvisor (TRIP), Sabre (SABR), Line (LN), Trade Desk (TTD), Stars Group (TSG), Wix.Com (WIX) and InterXion (INXN).
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)
Who are Weibo's major shareholders?
Weibo's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include MERIAN GLOBAL INVESTORS UK Ltd (1.17%), BlackRock Inc. (1.10%), Wells Fargo & Company MN (0.72%), Acadian Asset Management LLC (0.56%), William Blair Investment Management LLC (0.38%) and Pendal Group Ltd (0.33%).
Which institutional investors are selling Weibo stock?
WB stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Credit Suisse AG, William Blair Investment Management LLC, Candriam Luxembourg S.C.A., SeaTown Holdings Pte. Ltd., Mirae Asset Global Investments Co. Ltd., Bank of New York Mellon Corp and Axiom International Investors LLC DE.
Which institutional investors are buying Weibo stock?
WB stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, New Silk Road Investment PTE Ltd., DNB Asset Management AS, BlackRock Inc., Renaissance Technologies LLC, Handelsbanken Fonder AB, Pendal Group Ltd and Dimensional Fund Advisors LP.
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 $55.46.
How big of a company is Weibo?
Weibo has a market capitalization of $12.64 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?
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)
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.
