-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 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.
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Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Phone86-10-5898-3095
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.72 billion
Profitability
Miscellaneous
Employees3,361
Next Earnings Date11/27/2019 (Estimated)
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) issued its quarterly earnings results on Monday, August, 19th. The information services provider reported $0.68 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.56 by $0.12. The information services provider had revenue of $431.80 million for the quarter, compared to the consensus estimate of $434.79 million. Weibo had a return on equity of 32.08% and a net margin of 33.01%. The firm's quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.68 earnings per share. View Weibo's Earnings History.
When is Weibo's next earnings date?
What guidance has Weibo issued on next quarter's earnings?
Weibo updated its third quarter 2019 earnings guidance on Monday, August, 19th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $487.78126-501.58639 million, compared to the consensus revenue estimate of $485.29 million.
What price target have analysts set for WB?
14 brokers have issued 1 year price objectives for Weibo's stock. Their predictions range from $43.60 to $72.00. On average, they expect Weibo's stock price to reach $54.0175 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets for Weibo.
What is the consensus analysts' recommendation for Weibo?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Weibo in the last year. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Weibo.
What are Wall Street analysts saying about Weibo stock?
Here are some recent quotes from research analysts about Weibo stock:
- 1. According to Zacks Investment Research, "Weibo Corporation operates as a social media platform for people to create, distribute and discover Chinese-language content. The Company operates in two segments: Advertising and Marketing Services, and Other Services. The company offers self-expression products; social products; discovery products; notifications; third-party online games. Weibo also develops mobile apps, such as Weibo Headlines; Weibo Weather and WeiDisk. It also provides advertising and marketing solutions, including social display ads and promoted marketing products. Weibo Corporation is headquartered in Beijing, China. " (8/30/2019)
- 2. Barclays PLC analysts commented, "We stay with our Overweight rating on Weibo and maintain our $75 target. Positives: User engagement is still solid, and MAU/DAU reached 462mn/200mn. Weibo remains a key destination for the social media marketing budgets of global top-ranking brands, which bolstered its KA ads growth ahead of SME ads growth. Social media content saw continued improvement with MCNs doubling y/y to 2,600. Things to Monitor: SME ad revenue growth slowed to 14% y/y (vs. 35% in 3Q18) due to macro headwinds, gaming regulation and competition (more inventories). Alibaba’s disciplined marketing strategies affected Weibo’s related-party revenues, which we expect will linger into 1Q19. Yizhibo’s consolidation generated c.2ppt margin impact, based on our estimates." (3/11/2019)
Has Weibo been receiving favorable news coverage?
Press coverage about WB stock has been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Weibo earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned press coverage 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 effect on the stock's share price in the near future. View News Stories for Weibo.
Are investors shorting Weibo?
Weibo saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 12,273,400 shares, an increase of 8.3% from the July 31st total of 11,334,400 shares. Based on an average daily volume of 2,180,000 shares, the short-interest ratio is presently 5.6 days. Currently, 10.0% of the company's stock are short sold. View Weibo's Current Options Chain.
Who are some of Weibo's key competitors?
Some companies that are related to Weibo include Baidu (BIDU), Twitter (TWTR), IHS Markit (INFO), Zoom Video Communications (ZM), Snap (SNAP), Match Group (MTCH), Yandex (YNDX), FactSet Research Systems (FDS), Trade Desk (TTD), Line (LN), 58.com (WUBA), Sabre (SABR), Wix.Com (WIX), InterXion (INXN) and Tripadvisor (TRIP).
What other stocks do shareholders of Weibo own?
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)
- Ms. Wen Li, Investor Relations Mang.
- Mr. Jingdong Ge, VP of Marketing (Age 46)
- Ms. Yajuan Wang, Sr. VP of Advter. Bus. (Age 50)
Who are Weibo's major shareholders?
Weibo's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Invesco Ltd. (2.04%), Fisher Asset Management LLC (1.87%), Platinum Investment Management Ltd. (1.38%), BlackRock Inc. (1.23%), Wells Fargo & Company MN (1.03%) and Vanguard Group Inc. (0.83%).
Which major investors are selling Weibo stock?
WB stock was sold by a variety of institutional investors in the last quarter, including Genesis Asset Managers LLP, Krane Funds Advisors LLC, BlackRock Inc., Fisher Asset Management LLC, William Blair Investment Management LLC, AQR Capital Management LLC, TB Alternative Assets Ltd. and AIA Investment Management Private Ltd.
Which major investors are buying Weibo stock?
WB stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Nuveen Asset Management LLC, Platinum Investment Management Ltd., SG Americas Securities LLC, Natixis, Natixis, Wells Fargo & Company MN and Canada Pension Plan Investment Board.
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 $49.41.
How big of a company is Weibo?
Weibo has a market capitalization of $11.11 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 3,361 workers across the globe.View Additional Information About Weibo.
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.
