NASDAQ:WB - Weibo Stock Price, News & Analysis

$40.19
-1.24 (-2.99 %)
(As of 08/23/2019 01:27 AM ET)
Today's Range
$40.13
Now: $40.19
$41.78
50-Day Range
$34.75
MA: $39.64
$44.35
52-Week Range
$34.26
Now: $40.19
$83.35
Volume1.45 million shs
Average Volume2.27 million shs
Market Capitalization$9.04 billion
P/E Ratio15.95
Dividend YieldN/A
Beta2.21
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. Read More…

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$1.72 billion
Cash Flow$2.4994 per share
Book Value$7.78 per share

Profitability

Net Income$571.82 million

Miscellaneous

Employees3,361
Market Cap$9.04 billion
Next Earnings Date11/27/2019 (Estimated)
OptionableOptionable

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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) posted its quarterly earnings data on Monday, August, 19th. The information services provider reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.12. The information services provider earned $431.80 million during the quarter, compared to analysts' expectations of $434.79 million. Weibo had a return on equity of 33.30% 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 last year, the business posted $0.68 EPS. View Weibo's Earnings History.

When is Weibo's next earnings date?

Weibo is scheduled to release their next quarterly earnings announcement on Wednesday, November 27th 2019. View Earnings Estimates for Weibo.

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

Weibo issued an update on its third quarter 2019 earnings guidance on Monday, August, 19th. The company provided EPS 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 brokerages have issued twelve-month price targets for Weibo's shares. Their forecasts range from $43.60 to $72.00. On average, they anticipate Weibo's share price to reach $54.0175 in the next twelve months. This suggests a possible upside of 34.4% 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. " (8/15/2019)
  • 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?

Headlines about WB stock have trended positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Weibo earned a news impact score of 2.5 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 effect on the company's share price in the next few days. View News Stories for Weibo.

Are investors shorting Weibo?

Weibo saw a drop in short interest in July. As of July 31st, there was short interest totalling 11,334,400 shares, a drop of 16.7% from the June 30th total of 13,604,700 shares. Based on an average trading volume of 2,220,000 shares, the days-to-cover ratio is currently 5.1 days. Approximately 9.3% of the company's shares are sold short. View Weibo's Current Options Chain.

Who are some of Weibo's key 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), Micron Technology (MU), Netflix (NFLX), JD.Com (JD), 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 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 a number of of retail and institutional investors. Top institutional investors 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 institutional 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 institutional investors are buying Weibo stock?

WB stock was acquired 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, Scottrade, Fidelity and Charles Schwab.

What is Weibo's stock price today?

One share of WB stock can currently be purchased for approximately $40.19.

How big of a company is Weibo?

Weibo has a market capitalization of $9.04 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?

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:  2.9 out of 5 (star star)
Outperform Votes:  519 (Vote Outperform)
Underperform Votes:  379 (Vote Underperform)
Total Votes:  898
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 8/23/2019 by MarketBeat.com Staff

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