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Weibo (WB)
NASDAQ:WB
Holding WB?
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WB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.03 - $12.47
Previous Close$8.51
Volume2.99M
Average Volume (3M)2.08M
Market Cap
$2.02B
Enterprise Value$817.34M
Total Cash (Recent Filing)$3.23B
Total Debt (Recent Filing)$1.91B
Price to Earnings (P/E)6.7
Beta0.92
Next Earnings
Nov 19, 2024EPS Estimate
$0.44Last Dividend Ex-Date
Apr 11, 2024Dividend YieldN/A
Share Statistics
EPS (TTM)1.27
Shares Outstanding242,610,942
10 Day Avg. Volume1,640,306
30 Day Avg. Volume2,083,256
Standard Deviation0.14
R-Squared0.00760
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.61
Price to Sales (P/S)1.15
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.90
Enterprise Value/Gross Profit0.59
Enterprise Value/Ebitda3.60
Forecast
1Y Price Target
$10.83Price Target Upside19.67% Upside
Rating ConsensusHold
Number of Analyst Covering4
Weibo News
PremiumCompany Announcements
Weibo Corp Reports Solid Q3 2024 Financial Performance
Bulls Say, Bears Say
Bulls Say
Advertising RevenueThe ad spend outlook into 2025 could be brighter and more promising than before.
Financial PerformanceNon-GAAP net income of US$126mn beats consensus of US$114mn.
Market PositionWeibo can leverage hot topics and top IPs to gain ad budget, especially in verticals like handset, auto, game, and entertainment.
Bears Say
Ad RevenueAd revenue decreased by 3% year-over-year to US$375 million, primarily due to the decline from cosmetics and beauty verticals.
Analyst RatingAnalyst maintains an Underperform rating given the deterioration in the ad outlook.
Management OutlookManagement remains conservative on the ad demand outlook due to macro uncertainty and weak consumption sentiment.
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Ownership Overview
36.40%
Insiders
4.83% Mutual Funds
11.25% Other Institutional Investors
41.89% 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 $7.03 and its highest was $12.47 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 8 days ago.
How were Weibo’s earnings last quarter?
Weibo released its earnings results on Aug 22, 2024. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.421 by $0.059.
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 $0.44.
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 $0.48 in its last earnings report, beating expectations of $0.421. Following the earnings report the stock price went down -1.521%.
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 23M.
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Weibo Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Hold
Average Price Target:
$10.83 (19.67% Upside)
$10.83 (19.67% Upside)
Blogger Sentiment
Bullish
WB Sentiment 80%
Sector Average 70%
Sector Average 70%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.5%
Last 30 Days ▼ 4.1%
Last 30 Days ▼ 4.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-20.11%
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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WB Earnings Call
Q2 2024
0:00 / 0:00
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WB Stock 12 Month Forecast
Average Price Target
$10.83
▲(19.67% Upside)
Technical Analysis
Best Analysts Covering WB
1 Year
1 Year Success Rate
3/11 ratings generated profit
1 Year Average Return
-12.61%
downgraded a sell rating 9 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 -12.61% per trade.
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