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Weibo (WB)
NASDAQ:WB
Weibo (WB) Stock Price & Analysis
2,063 Followers
WB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.14 - $14.79
Previous Close$9.66
Volume3.64M
Average Volume (3M)2.34M
Market Cap
$2.45B
Enterprise Value$1.25B
Total Cash (Recent Filing)$3.23B
Total Debt (Recent Filing)$1.91B
Price to Earnings (P/E)6.8
Beta0.41
Next Earnings
May 23, 2024EPS Estimate
$0.36Last Dividend Ex-Date
Apr 11, 2024Dividend YieldN/A
Share Statistics
EPS (TTM)1.43
Shares Outstanding242,610,942
10 Day Avg. Volume1,887,208
30 Day Avg. Volume2,339,443
Standard Deviation0.14
R-Squared0.02
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.79
Price to Sales (P/S)0.85
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.39
Enterprise Value/Gross Profit0.90
Enterprise Value/Ebitda5.51
Forecast
1Y Price Target
$11.91Price Target Upside23.29% Upside
Rating ConsensusHold
Number of Analyst Covering10
Weibo News
PremiumCompany Announcements
Weibo Corp to Unveil Q1 2024 Financial Results
PremiumCompany Announcements
Weibo Corp Reports GAAP to IFRS Reconciliation
PremiumCompany Announcements
Weibo Corp Schedules 2024 Annual General MeetingBulls Say, Bears Say
Bulls Say
Advertising And TechnologyWeibo could see an increase in advertising revenue driven by stronger advertising budgets and enhanced ad efficiency through advanced AI technology.
Financial PerformanceWith the initiation of a special cash dividend, Weibo underscores its commitment to enhancing shareholder returns, signaling confidence in its financial health.
Market OpportunitiesAnticipation of increased advertising spend linked to events like the summer Olympic games and an improving macroeconomic climate in China presents opportunities for revenue growth for Weibo.
Bears Say
EarningsWeibo reported a mixed 4Q23 result with total net revenue slightly increasing but adjusted net profit missing consensus by a significant margin, primarily due to higher operating expenses and tax rate.
Financial PerformancePotential risks include Alibaba selling its 29% stake in Weibo, similar to its divestments in other companies.
Market CompetitionA weaker macro/consumption environment and intense content competition have resulted in a prolonged and softer ad revenue recovery.
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Ownership Overview
0.00%
Insiders
5.87% Mutual Funds
23.58% Other Institutional Investors
70.55% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Weibo
Desktop Users
Mobile Users
WB FAQ
What was Weibo’s price range in the past 12 months?
Weibo lowest stock price was $7.14 and its highest was $14.79 in the past 12 months.
What is Weibo’s market cap?
Currently, no data Available
When is Weibo’s upcoming earnings report date?
Weibo’s upcoming earnings report date is May 23, 2024 which is in 5 days.
How were Weibo’s earnings last quarter?
Weibo released its earnings results on Mar 14, 2024. The company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.503 by -$0.193.
Is Weibo overvalued?
According to Wall Street analysts Weibo’s price is currently Undervalued.
Does Weibo pay dividends?
Weibo pays a Annually dividend of $0.8 which represents an annual dividend yield of N/A. See more information on Weibo dividends here
What is Weibo’s EPS estimate?
Weibo’s EPS estimate is $0.36.
How many shares outstanding does Weibo have?
Weibo has 155,492,750 shares outstanding.
What happened to Weibo’s price movement after its last earnings report?
Weibo reported an EPS of $0.31 in its last earnings report, missing expectations of $0.503. Following the earnings report the stock price went down -1.925%.
Which hedge fund is a major shareholder of Weibo?
Among the largest hedge funds holding Weibo’s share is Causeway Capital Management LLC. It holds Weibo’s shares valued at 16M.
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Weibo Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$11.91 (23.29% Upside)
$11.91 (23.29% Upside)
Blogger Sentiment
Bullish
WB Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 2.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.2%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-35.12%
12-Months-Change
Fundamentals
Return on Equity
10.18%
Trailing 12-Months
Asset Growth
2.12%
Trailing 12-Months
Company Description
Weibo Corp. engages in the creation, distribution, and discovery of Chinese-language content. It operates through the Advertising and Marketing Services, and Other Services segments. Its products and services include Self-Expression, such as Feed, Individual page, and Enterprise page; Social Products, such as Follow, Repost, Comment, Favorite, like, Mention, Messenger, and Group Chat; Discovery Products, such as Information Feed, Search, Object Page, Trends, and Discovery Channel; Notifications; Weibo Games; VIP Membership; and Weibo Apps. The company was founded in August 2009 and is headquartered in Beijing, China.
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WB Earnings Call
Q4 2024
0:00 / 0:00
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WB Stock 12 Month Forecast
Average Price Target
$11.91
▲(23.29% Upside)
Technical Analysis
Best Analysts Covering WB
1 Year
1 Year Success Rate
3/11 ratings generated profit
1 Year Average Return
-14.27%
downgraded a sell rating 3 months ago
Copying Elinor Leung's trades and holding each position for 1 Year would result in 27.27% of your transactions generating a profit, with an average return of -14.27% per trade.
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