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Weibo (DE:2WBA)
FRANKFURT:2WBA
Holding DE:2WBA?
Track your performance easily
2WBA Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€6.30 - €11.40
Previous Close€8.05
Volume280.00
Average Volume (3M)618.00
Market Cap
€2.04B
Enterprise Value€912.74M
Total Cash (Recent Filing)$3.23B
Total Debt (Recent Filing)$1.91B
Price to Earnings (P/E)6.8
Beta0.78
Next Earnings
Nov 19, 2024EPS Estimate
€0.41Last Dividend Ex-Date
Apr 11, 2024Dividend YieldN/A
Share Statistics
EPS (TTM)1.18
Shares Outstanding242,610,942
10 Day Avg. Volume95
30 Day Avg. Volume618
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)0.57
Price to Sales (P/S)1.19
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.01
Enterprise Value/Gross Profit0.66
Enterprise Value/Ebitda4.02
Forecast
1Y Price Target
€10.17Price Target Upside26.34% Upside
Rating ConsensusHold
Number of Analyst Covering4
Weibo News
Bulls Say, Bears Say
Bulls Say
Ad RevenuesMonetary and fiscal policy stimulus is likely to translate to higher ad spend by businesses and brands to boost sales.
Financial PerformanceNon-GAAP net income of US$126mn beats consensus of US$114mn.
User EngagementUser social interactions grew by a double-digit rate YoY in 1H24, as Weibo increased interactions between celebrities and fans by expanding celebrity campaigns.
Bears Say
Ad RevenueAd revenue decreased by 3% YoY to US$375mn in 2Q24, primarily due to the decline in ad revenue from cosmetics and beauty verticals.
Analyst RatingAd outlook deterioration leads to maintaining an Underperform rating.
Market OutlookManagement shared a cautious tone on the 2H macro-outlook as it has not seen improvement from ad budget spend.
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Ownership Overview
36.40%
Insiders
4.83% Mutual Funds
0.59% Other Institutional Investors
52.31% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Weibo
Desktop Users
Mobile Users
2WBA FAQ
What was Weibo’s price range in the past 12 months?
Weibo lowest stock price was €6.30 and its highest was €11.40 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 Nov 19, 2024 which is in 6 days.
How were Weibo’s earnings last quarter?
Weibo released its earnings results on Aug 22, 2024. The company reported €0.451 earnings per share for the quarter, beating the consensus estimate of €0.395 by €0.055.
Is Weibo overvalued?
According to Wall Street analysts Weibo’s price is currently Undervalued.
Does Weibo pay dividends?
Weibo pays a Annually dividend of €0.75 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 €0.41.
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 €0.451 in its last earnings report, beating expectations of €0.395. Following the earnings report the stock price went down -1.429%.
Which hedge fund is a major shareholder of Weibo?
Among the largest hedge funds holding Weibo’s share is Saba Capital Management. It holds Weibo’s shares valued at 17M.
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Weibo Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Hold
Average Price Target:
€10.17 (26.34% Upside)
€10.17 (26.34% Upside)
Blogger Sentiment
Bullish
DE:2WBA Sentiment 80%
Sector Average 68%
Sector Average 68%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-15.84%
12-Months-Change
Fundamentals
Return on Equity
9.99%
Trailing 12-Months
Asset Growth
3.25%
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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2WBA Earnings Call
Q2 2024
0:00 / 0:00
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2WBA Stock 12 Month Forecast
Average Price Target
€10.17
▲(26.34% Upside)
Technical Analysis
Best Analysts Covering 2WBA
1 Year
1 Year Success Rate
3/11 ratings generated profit
1 Year Average Return
-13.03%
downgraded a sell rating 8 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 -13.03% per trade.
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