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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$7.14 - $14.59
Previous Close$8.5
Volume1.13M
Average Volume (3M)1.84M
Market Cap
$2.09B
Enterprise Value$893.44M
Total Cash (Recent Filing)$3.23B
Total Debt (Recent Filing)$1.91B
Price to Earnings (P/E)7.1
Beta0.42
Next Earnings
Aug 21, 2024EPS Estimate
$0.42Last Dividend Ex-Date
Apr 11, 2024Dividend YieldN/A
Share Statistics
EPS (TTM)1.19
Shares Outstanding242,610,942
10 Day Avg. Volume1,790,566
30 Day Avg. Volume1,835,953
Standard Deviation0.14
R-Squared0.00859
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.58
Price to Sales (P/S)0.72
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.99
Enterprise Value/Gross Profit0.64
Enterprise Value/Ebitda3.93
Forecast
1Y Price Target
$11.42Price Target Upside41.34% Upside
Rating ConsensusHold
Number of Analyst Covering5
Weibo News
Bulls Say, Bears Say
Bulls Say
Ad RevenueAd revenue from domestic beauty brands grew over 50% YoY in 1Q24.
Business OutlookUpside risks include stronger ad budgets in 2H24 driven by events like the Olympics and strength in certain ad verticals.
User EngagementWeibo continued to increase investment in key content verticals such as automobiles, online games, and healthcare, which achieved notable growth in the number of verified accounts and user interactions.
Bears Say
Consumer TrendsOur AlphaWise survey of ~2,000 consumers shows reduced appetite and a continued consumption downgrade trend post CNY, amid concerns on income and job security.
Market OutlookDue to weak ad outlook and competition pressure, the rating is reiterated as UNDERPERFORM.
RevenueTotal revenue decreased by 4% YoY to US$395mn.
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Ownership Overview
0.00%
Insiders
6.31% Mutual Funds
5.55% Other Institutional Investors
88.14% 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 $14.59 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 Aug 21, 2024 which is 75 days ago.
How were Weibo’s earnings last quarter?
Weibo released its earnings results on May 23, 2024. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.361 by $0.049.
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 $0.42.
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 $0.41 in its last earnings report, beating expectations of $0.361. Following the earnings report the stock price went down -0.902%.
Which hedge fund is a major shareholder of Weibo?
Among the largest hedge funds holding Weibo’s share is Causeway Capital Management LLC. It holds Weibo’s shares valued at 16M.
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Weibo Stock Smart Score
Unlock Smart Score
1
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4
5
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$11.42 (41.34% Upside)
$11.42 (41.34% Upside)
Blogger Sentiment
Bullish
WB Sentiment 80%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 2.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.79%
12-Months-Change
Fundamentals
Return on Equity
8.81%
Trailing 12-Months
Asset Growth
3.73%
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
Q1 2024
0:00 / 0:00
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WB Stock 12 Month Forecast
Average Price Target
$11.42
▲(41.34% Upside)
Technical Analysis
Best Analysts Covering WB
1 Year
1 Year Success Rate
3/11 ratings generated profit
1 Year Average Return
-12.88%
downgraded a sell rating 8 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 -12.88% per trade.
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