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NASDAQ:WB

Weibo (WB) Stock Price, News & Analysis

$9.29
-0.06 (-0.64%)
(As of 10/16/2024 ET)

About Weibo Stock (NASDAQ:WB)

Key Stats

Today's Range
$9.28
$9.52
50-Day Range
$7.13
$11.71
52-Week Range
$7.03
$12.65
Volume
1.50 million shs
Average Volume
2.10 million shs
Market Capitalization
$2.18 billion
P/E Ratio
7.26
Dividend Yield
N/A
Price Target
$10.23
Consensus Rating
Hold

Company Overview

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People's Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform. It also provides advertising and marketing solutions, such as social display advertisements; and promoted marketing offerings, such as Fans Headline and Weibo Express promoted feeds, as well as promoted trends and search products that appear alongside user's trends discovery and search behaviors. In addition, the company offers products, such as trends, search, video/live streaming, and editing tools; content customization, copyright contents pooling, and user interaction development; and search list recommendation, trends list recommendation, and Weibo app opening advertisements. Further, it provides back-end management, traffic support, and product services for better displaying and promotion of its account and content; open application platform for other app developers that allows users to log into third-party applications with their Weibo account for sharing third-party content on its platform; and Weibo Wallet, a product that enables platform partners to conduct interest generation activities on Weibo, such as handing out red envelops and coupons. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012. The company was founded in 2009 and is headquartered in Beijing, the People's Republic of China.

Weibo Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
51st Percentile Overall Score

WB MarketRank™: 

Weibo scored higher than 51% of companies evaluated by MarketBeat, and ranked 541st out of 661 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Weibo has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 3 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Weibo has only been the subject of 3 research reports in the past 90 days.

  • Read more about Weibo's stock forecast and price target.
  • Earnings Growth

    Earnings for Weibo are expected to decrease by -6.08% in the coming year, from $1.48 to $1.39 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Weibo is 7.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.58.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Weibo is 7.26, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 267.15.

  • Price to Earnings Growth Ratio

    Weibo has a PEG Ratio of 1.63. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Weibo has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Weibo's valuation and earnings.
  • Percentage of Shares Shorted

    8.25% of the outstanding shares of Weibo have been sold short.
  • Short Interest Ratio / Days to Cover

    Weibo has a short interest ratio ("days to cover") of 9.3.
  • Change versus previous month

    Short interest in Weibo has recently increased by 6.86%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Weibo does not currently pay a dividend.

  • Dividend Growth

    Weibo does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.25% of the outstanding shares of Weibo have been sold short.
  • Short Interest Ratio / Days to Cover

    Weibo has a short interest ratio ("days to cover") of 9.3.
  • Change versus previous month

    Short interest in Weibo has recently increased by 6.86%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Weibo has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Weibo this week, compared to 3 articles on an average week.
  • Search Interest

    5 people have searched for WB on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Weibo to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Weibo insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    41.30% of the stock of Weibo is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    68.77% of the stock of Weibo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Weibo's insider trading history.
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WB Stock News Headlines

Weibo (NASDAQ:WB) Upgraded to "Buy" by StockNews.com
Weibo (NASDAQ:WB) Stock Price Down 9.2% - Here's Why
Election warning coming true…
If you missed it, my emergency election broadcast is now available - watch it before it's too late.
Weibo Target of Unusually High Options Trading (NASDAQ:WB)
Weibo (NASDAQ:WB) Shares Gap Up - Still a Buy?
See More Headlines

WB Stock Analysis - Frequently Asked Questions

Weibo's stock was trading at $10.95 at the beginning of the year. Since then, WB stock has decreased by 15.2% and is now trading at $9.29.
View the best growth stocks for 2024 here
.

Weibo Co. (NASDAQ:WB) posted its quarterly earnings results on Thursday, August, 22nd. The information services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.10. The company's quarterly revenue was down .5% on a year-over-year basis.

Top institutional investors of Weibo include Diversified Trust Co (0.01%), SG Americas Securities LLC (0.01%) and Creative Planning.

Shares of WB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Weibo investors own include Alibaba Group (BABA), Meta Platforms (META), NVIDIA (NVDA), Baidu (BIDU), Netflix (NFLX), JD.com (JD) and Micron Technology (MU).

Company Calendar

Last Earnings
8/22/2024
Today
10/17/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Employees
5,268
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.23
High Stock Price Target
$12.00
Low Stock Price Target
$7.50
Potential Upside/Downside
+10.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$342.60 million
Pretax Margin
28.16%

Debt

Sales & Book Value

Annual Sales
$1.76 billion
Cash Flow
$1.68 per share
Book Value
$14.73 per share

Miscellaneous

Free Float
137,467,000
Market Cap
$2.18 billion
Optionable
Optionable
Beta
0.23
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This page (NASDAQ:WB) was last updated on 10/17/2024 by MarketBeat.com Staff
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