Weibo Corporation (WB)

Market Cap	2.23B
Revenue (ttm)	1.76B
Net Income (ttm)	375.17M
Shares Out	243.31M
EPS (ttm)	n/a
PE Ratio	5.95
Forward PE	5.10
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,339,901
Open	9.13
Previous Close	9.05
Day's Range	9.07 - 9.43
52-Week Range	7.03 - 12.40
Beta	0.25
Analysts	Hold
Price Target	10.23 (+11.44%)
Earnings Date	Nov 19, 2024

About WB

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 ma...

• Industry: Internet Content & Information
• Sector: Communication Services
• IPO Date: Apr 17, 2014
• Employees: 5,268
• Stock Exchange: NASDAQ
• Ticker Symbol: WB
• Website: https://weibo.com

Financial Performance

In 2023, Weibo's revenue was $1.76 billion, a decrease of -4.17% compared to the previous year's $1.84 billion. Earnings were $342.60 million, an increase of 300.44%.

Analyst Forecast

According to 7 analysts, the average rating for WB stock is "Hold." The 12-month stock price forecast is $10.23, which is an increase of 11.44% from the latest price.

Price Target

$10.23

(11.44% upside)

Analyst Consensus: Hold