Weibo Corp Class A (HK:9898)
:9898
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Weibo Corp Class A
(9898)
Select Model
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Rating:60Neutral
Price Target:
HK$90.00
▲(17.65% Upside)
Action:ReiteratedDate:11/19/25
Weibo Corp's overall stock score reflects a mixed financial performance with strong gross margins but declining revenues and cash flow issues. The technical analysis indicates bearish momentum, while the valuation suggests the stock may be undervalued with a high dividend yield. The earnings call provided a balanced outlook with positive user engagement trends but highlighted revenue challenges.
Positive Factors
High gross margins
Sustained ~79% gross margins indicate durable cost advantages and efficient content delivery. High gross margins give Weibo scope to invest in product, AI, and creator incentives while absorbing advertising rate pressure, supporting long-term profitability resilience.
Negative Factors
Revenue declines
Persistent revenue declines limit reinvestment capacity and challenge growth narratives. If advertising sales continue to contract, sustained top-line pressure could erode operating leverage, constrain marketing/AI investments, and prolong recovery even with rising engagement metrics.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margins
Sustained ~79% gross margins indicate durable cost advantages and efficient content delivery. High gross margins give Weibo scope to invest in product, AI, and creator incentives while absorbing advertising rate pressure, supporting long-term profitability resilience.
Read all positive factors
Weibo Corp Class A (9898) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$16.62B
Dividend Yield8.13%
Average Volume (3M)270.08K
Price to Earnings (P/E)5.4
Beta (1Y)1.48
Revenue Growth-1.40%
EPS Growth22.37%
CountryHK
Employees4,982
SectorCommunication Services
Sector Strength97
IndustryInternet Content & Information
Share Statistics
EPS (TTM)1.96
Shares Outstanding156,449,480
10 Day Avg. Volume312,234
30 Day Avg. Volume270,085
Financial Highlights & Ratios
PEG Ratio-0.67
Price to Book (P/B)0.72
Price to Sales (P/S)1.42
P/FCF Ratio4.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$85.75Price Target Upside12.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)12.71
Revenue Forecast (FY)HK$14.71B
Weibo Corp Class A Business Overview & Revenue Model
Company Description
Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-A...
How the Company Makes Money
Weibo generates revenue through several key streams, primarily through advertising services and value-added services. The advertising segment includes brand advertising and performance-based advertising, where companies pay to promote their produc...
Weibo Corp Class A Earnings Call Summary
Earnings Call Date:Mar 18, 2026
(Q4-2025)
| Next Earnings Date:May 21, 2026
Earnings Call Sentiment Neutral
The call highlighted meaningful product and AI-driven progress — stronger video and intelligent search adoption, targeted ad growth (notably with Alibaba), robust cash generation and a dividend — but these positives were offset by margin compression, higher costs and taxes, flat full-year revenue and softness in several key ad verticals. Management emphasized AI and content strategies to drive recovery and future growth.Positive Updates
Q4 Revenue Growth
Total revenues in Q4 reached USD 473.3 million, up 4% year-over-year (1% on a constant currency basis).
Negative Updates
Margin Compression in Q4
Non-GAAP operating margin for Q4 fell to 21% (operating income USD 100.4 million) from 30% year-ago; full-year operating margin declined to 30% from 33% in 2024.
Read all updates
Q4-2025 Updates
Positive
Negative
Q4 Revenue Growth
Total revenues in Q4 reached USD 473.3 million, up 4% year-over-year (1% on a constant currency basis).
Read all positive updates
Company Guidance
Management guided to modest, single‑digit revenue growth in early 2026 (Q1 expected to be single‑digit YoY), driven by AI, video and content‑marketing investments that they expect to start paying off in H2 2026; they highlighted Q4/FY25 baselines of total revenue $473.3M in Q4 (+4% YoY) and $1.76B for FY25 (flat YoY), ad revenues $403.8M in Q4 (+5%) and $1.5B for FY25 (flat), VAS $69.5M in Q4 and $255.6M for FY25, non‑GAAP operating income $100.4M in Q4 (21% margin) and $523.6M for FY25 (30% margin), and user metrics of 567M MAUs and 252M average DAUs (intelligent search MAU >80M); they expect e‑commerce, local services and automotive to be key ad drivers, handset and gaming to be uncertain/flat, AI‑generated ad creatives already ~40% of promoted‑feed consumption in December, performance ads ~17% of ad revenue, and they will pursue ROI‑managed resource allocation while maintaining capital discipline (cash and short‑term investments $2.41B, operating cash flow $519.5M FY25) and paying a $0.61 per‑share annual dividend (~$150M).Weibo Corp Class A Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.76B | 1.75B | 1.76B | 1.84B | 2.26B | 1.69B |
| Gross Profit | 1.38B | 1.39B | 1.39B | 1.44B | 1.85B | 1.39B |
| EBITDA | 544.34M | 552.83M | 695.15M | 545.34M | 676.73M | 538.90M |
| Net Income | 372.08M | 300.80M | 342.60M | 85.56M | 428.32M | 313.36M |
Balance Sheet | ||||||
| Total Assets | 6.54B | 6.50B | 7.28B | 7.13B | 7.52B | 6.34B |
| Cash, Cash Equivalents and Short-Term Investments | 2.11B | 2.35B | 3.23B | 3.17B | 3.13B | 3.50B |
| Total Debt | 1.86B | 1.91B | 2.71B | 2.48B | 2.49B | 2.43B |
| Total Liabilities | 2.86B | 2.93B | 3.76B | 3.74B | 3.83B | 3.45B |
| Stockholders Equity | 3.60B | 3.48B | 3.40B | 3.33B | 3.59B | 2.81B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 578.43M | 636.05M | 367.40M | 646.39M | 706.82M |
| Operating Cash Flow | 0.00 | 639.90M | 672.82M | 564.10M | 814.02M | 741.65M |
| Investing Cash Flow | 0.00 | -246.90M | -736.85M | -33.01M | -423.96M | -1.21B |
| Financing Cash Flow | 0.00 | -1.03B | 21.69M | -91.14M | 189.44M | 741.96M |
Weibo Corp Class A Technical Analysis
Negative
76.50
Price Trends
77.32
Negative
79.10
Negative
82.51
Negative
Market Momentum
-3.01
Positive
35.92
Neutral
35.79
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9898, the sentiment is Negative. The current price of 76.5 is above the 20-day moving average (MA) of 72.11, below the 50-day MA of 77.32, and below the 200-day MA of 82.51, indicating a bearish trend. The MACD of -3.01 indicates Positive momentum. The RSI at 35.92 is Neutral, neither overbought nor oversold. The STOCH value of 35.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:9898.
Weibo Corp Class A Risk Analysis
Weibo Corp Class A disclosed 113 risk factors in its most recent earnings report. Weibo Corp Class A reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Weibo Corp Class A Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | HK$196.06B | 13.56 | 25.44% | ― | 11.37% | 16.74% | |
73 Outperform | HK$100.01B | 17.65 | 14.05% | 1.01% | 13.62% | 80.52% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
60 Neutral | HK$16.62B | 5.39 | 12.13% | 8.13% | -1.40% | 22.37% | |
60 Neutral | HK$16.85B | 12.92 | 3.33% | 9.97% | -5.74% | -14.46% | |
53 Neutral | HK$287.08B | 59.14 | 2.02% | ― | -2.92% | -57.12% | |
50 Neutral | HK$1.84B | -9.81 | -4.72% | ― | -23.80% | ― |
* Communication Services Sector Average
HK:9898
Weibo Corp Class A
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34.18
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Zhihu, Inc. Class A
7.30
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-23.16%
Weibo Corp Class A Corporate Events
Weibo Reports Q3 2025 Financial Results with Focus on AI and User Engagement
Nov 18, 2025
Weibo Corporation announced its unaudited financial results for the third quarter of 2025, highlighting a decline in net revenues by 5% year-over-year to $442.3 million. Despite the revenue drop, the company reported robust growth in user engageme...
Weibo Corporation to Announce Q3 2025 Financial Results on November 18
Oct 31, 2025
Weibo Corporation has announced that its board of directors will meet on November 18, 2025, to approve the company’s unaudited financial results for the third quarter of 2025. The results will be published on the same day on the Hong Kong St...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.