Weibo Corporation (WB)

Market Cap	2.35B
Revenue (ttm)	1.74B
Net Income (ttm)	401.28M
Shares Out	144.39M
EPS (ttm)	1.68
PE Ratio	5.74
Forward PE	3.87
Dividend	$0.85 (8.82%)
Ex-Dividend Date	Jun 23, 2023

Volume	3,731,027
Open	9.52
Previous Close	9.52
Day's Range	9.49 - 9.77
52-Week Range	9.09 - 25.57
Beta	0.42
Analysts	Strong Buy
Price Target	19.50 (+102.28%)
Earnings Date	Nov 9, 2023

About WB

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover 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: 5,935
• Stock Exchange: NASDAQ
• Ticker Symbol: WB

Financial Performance

In 2022, Weibo's revenue was $1.84 billion, a decrease of -18.64% compared to the previous year's $2.26 billion. Earnings were $85.56 million, a decrease of -80.03%.

Analyst Forecast

According to 5 analysts, the average rating for WB stock is "Strong Buy." The 12-month stock price forecast is $19.5, which is an increase of 102.28% from the latest price.

Price Target

$19.5

(102.28% upside)

Analyst Consensus: Strong Buy