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Weibo (WB)
NASDAQ:WB
Weibo (WB) Stock Price & Analysis
2,051 Followers
WB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.14 - $15.52
Previous Close$8.06
Volume1.03M
Average Volume (3M)2.38M
Market Cap
$1.82B
Enterprise Value$1.23B
Total Cash (Recent Filing)$3.17B
Total Debt (Recent Filing)$2.49B
Price to Earnings (P/E)5.5
Beta0.34
Next Earnings
May 23, 2024EPS Estimate
$0.36Last Dividend Ex-Date
Apr 11, 2024Dividend YieldN/A
Share Statistics
EPS (TTM)1.45
Shares Outstanding234,186,394
10 Day Avg. Volume2,726,661
30 Day Avg. Volume2,383,450
Standard Deviation0.15
R-Squared0.03
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.58
Price to Sales (P/S)1.14
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.89
Enterprise Value/Gross Profit-3.07
Enterprise Value/Ebitda3.73
Forecast
1Y Price Target
$12.15Price Target Upside53.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Weibo News
PremiumCompany Announcements
Weibo Corp Schedules 2024 Annual General MeetingBulls Say, Bears Say
Bulls Say
Advertising GrowthThe company started the year with better brand ads growth, on a faster Covid re-opening and stronger household consumption outlook.
Outlook And EventsManagement is optimistic for stronger advertising spend in the second half of the year, anticipating higher ad spend during the summer Olympic games and a potential gradual improvement in China's macroeconomic outlook.
Shareholder ValueThe company appreciates its enhanced shareholder returns, including a US$200mn special cash dividend paid twice.
Bears Say
Advertising RevenueA weaker macro/consumption environment and intense content competition have resulted in a prolonged and softer ad revenue recovery.
Financial PerformanceEarnings revisions for 2024 and 2025 reflect a decrease in revenue and non-GAAP profit expectations, indicating caution regarding the company's financial performance in the near term.
Industry ChallengesManagement notes that uncertainties remain in the cosmetics and personal care category, as international brands have not fully recovered and domestic brands are yet to significantly increase budgets.
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Ownership Overview
0.00%
Insiders
5.99% Mutual Funds
11.85% Other Institutional Investors
82.16% 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 $15.52 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 30 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 148,425,920 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 Saba Capital Management. It holds Weibo’s shares valued at 7M.
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Weibo Stock Smart Score
Underperform
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$12.15 (53.60% Upside)
$12.15 (53.60% Upside)
Blogger Sentiment
Bullish
WB Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 10.1%
Last 30 Days ▲ 10.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-48.93%
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 Months Forecast
Average Price Target
$12.15
▲(53.60% Upside)
Technical Analysis
Best Analysts Covering WB
1 Year
1 Year Success Rate
3/11 ratings generated profit
1 Year Average Return
-12.00%
downgraded a sell rating 2 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 -12.00% per trade.
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