Weibo Corp Class A (HK:9898)
:9898
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Weibo Corp Class A
(9898)
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Rating:65Neutral
Price Target:
HK$71.00
▼(-7.19% Downside)
Action:Reiterated
Date:04/27/26
The score is driven primarily by solid fundamentals (healthy profitability/cash generation and improving leverage) tempered by weak growth. Technicals are a notable drag given the downtrend versus key moving averages and negative MACD. Valuation is mixed: a high dividend yield helps, but a negative P/E reduces confidence in earnings-based valuation. Earnings-call takeaway is moderately positive on AI-led initiatives and modest growth guidance, but offset by margin and cost pressures.
Positive Factors
Consistent cash generation
Weibo’s steady operating and free cash flow (FCF ~ $477M in 2025) provides durable internal funding for product investment, dividend payouts and buybacks. Strong cash conversion reduces reliance on external financing and supports capital allocation through cyclical ad cycles.
Negative Factors
Weak and volatile revenue growth
Revenue stagnation and the 2025 step‑down highlight limited top‑line momentum. Persistent flat/declining revenue constrains long‑term operating leverage, makes investment returns harder to achieve, and increases sensitivity to ad market cycles and competitive displacement.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent cash generation
Weibo’s steady operating and free cash flow (FCF ~ $477M in 2025) provides durable internal funding for product investment, dividend payouts and buybacks. Strong cash conversion reduces reliance on external financing and supports capital allocation through cyclical ad cycles.
Read all positive factors
Weibo Corp Class A (9898) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$15.58B
Dividend Yield8.13%
Average Volume (3M)270.08K
Price to Earnings (P/E)―
Beta (1Y)1.48
Revenue Growth0.06%
EPS Growth48.33%
CountryHK
Employees4,982
SectorCommunication Services
Sector Strength97
IndustryInternet Content & Information
Share Statistics
EPS (TTM)1.57
Shares Outstanding157,850,560
10 Day Avg. Volume312,234
30 Day Avg. Volume270,085
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)0.68
Price to Sales (P/S)1.53
P/FCF Ratio5.62
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 primarily makes money from advertising and marketing services sold to businesses and organizations that want to reach Weibo’s user base. These services generally include (1) promoted content and in-feed/native advertising, where advertisers ...
Weibo Corp Class A Earnings Call Summary
Earnings Call Date:Mar 18, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 28, 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
72
Positive
Balance Sheet
70
Positive
Cash Flow
74
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.76B | 1.76B | 1.75B | 1.76B | 1.84B | 2.26B |
| Gross Profit | 1.38B | 1.34B | 1.39B | 1.39B | 1.44B | 1.85B |
| EBITDA | 544.34M | 523.91M | 552.83M | 695.15M | 545.34M | 676.73M |
| Net Income | 372.08M | 449.02M | 300.80M | 342.60M | 85.56M | 428.32M |
Balance Sheet | ||||||
| Total Assets | 6.54B | 7.09B | 6.50B | 7.28B | 7.13B | 7.52B |
| Cash, Cash Equivalents and Short-Term Investments | 2.11B | 2.40B | 2.35B | 3.23B | 3.17B | 3.13B |
| Total Debt | 1.86B | 1.91B | 1.91B | 2.71B | 2.48B | 2.49B |
| Total Liabilities | 2.86B | 3.08B | 2.93B | 3.76B | 3.74B | 3.83B |
| Stockholders Equity | 3.60B | 3.92B | 3.48B | 3.40B | 3.33B | 3.59B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 477.11M | 578.43M | 636.05M | 367.40M | 646.39M |
| Operating Cash Flow | 0.00 | 519.48M | 639.90M | 672.82M | 564.10M | 814.02M |
| Investing Cash Flow | 0.00 | 66.62M | -246.90M | -736.85M | -33.01M | -423.96M |
| Financing Cash Flow | 0.00 | -227.29M | -1.03B | 21.69M | -91.14M | 189.44M |
Weibo Corp Class A Technical Analysis
Negative
76.50
Price Trends
66.56
Negative
71.25
Negative
76.06
Negative
Market Momentum
-0.48
Positive
45.99
Neutral
20.23
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 65.84, above the 50-day MA of 66.56, and above the 200-day MA of 76.06, indicating a bearish trend. The MACD of -0.48 indicates Positive momentum. The RSI at 45.99 is Neutral, neither overbought nor oversold. The STOCH value of 20.23 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 |
|---|---|---|---|---|---|---|---|
71 Outperform | HK$4.06T | 16.70 | 19.90% | 0.75% | 14.96% | 21.57% | |
68 Neutral | HK$212.44B | 11.99 | 25.63% | ― | 12.62% | 22.16% | |
65 Neutral | HK$15.58B | -128.76 | 12.13% | 8.13% | 0.06% | 48.33% | |
61 Neutral | HK$1.74B | -161.76 | 6.72% | 4.08% | -25.20% | 33.72% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
51 Neutral | HK$1.97B | -2.20 | -4.72% | ― | -23.64% | -42.22% | |
47 Neutral | HK$26.05B | -4.73 | -4.23% | ― | -9.16% | -273.98% |
* Communication Services Sector Average
HK:9898
Weibo Corp Class A
64.95
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Weibo Corp Class A Corporate Events
Weibo Sets May 28 Date to Release and Discuss Q1 2026 Results
Apr 27, 2026
Weibo Corporation has scheduled a board meeting for May 27, 2026, in Hong Kong to review and approve its unaudited financial results for the first quarter ended March 31, 2026. The company plans to publish the Q1 2026 figures on May 28, 2026, afte...
Weibo Sets April 27, 2026 Record Date for AGM Shareholder Voting
Apr 13, 2026
Weibo Corporation has set April 27, 2026, as the record date in Hong Kong for determining which holders of its Class A and Class B ordinary shares may attend and vote at its forthcoming annual general meeting. Share transfers and related documents...
Weibo Sets May 27 AGM to Reaffirm Key Board Appointments
Apr 13, 2026
Weibo Corporation has called its annual general meeting for May 27, 2026, in Hong Kong, inviting holders of its dual-class ordinary shares and American Depositary Shares as of the April 27 record dates to attend and vote. The agenda focuses on the...
Weibo Posts Modest Growth for Q4 2025 and Declares US$150 Million Dividend
Mar 18, 2026
Weibo Corporation reported unaudited financial results for the fourth quarter and full year 2025, highlighting modest revenue growth and stable user metrics. The platform reached 567 million monthly active users and 252 million daily active users ...
Weibo Declares Final Cash Dividend of USD 0.61 Per Share for 2025
Mar 18, 2026
Weibo Corporation has declared a final ordinary cash dividend of USD 0.61 per share for the financial year ended 31 December 2025, payable in U.S. dollars to shareholders on its Hong Kong register. The ex-dividend date is set for 16 April 2026, wi...
Weibo Schedules March 18 Board Meeting and Release of Q4 and FY2025 Results
Feb 12, 2026
Weibo Corporation has scheduled a board meeting for March 18, 2026, in Hong Kong to review and approve its unaudited financial results for the fourth quarter and full fiscal year ended December 31, 2025. The company plans to release these Q4 and F...
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.