Weibo Corporation (WB)

NASDAQ: WB · IEX Real-Time Price · USD
15.98
-0.82 (-4.88%)
At close: Oct 7, 2022 4:00 PM
15.64
-0.34 (-2.13%)
After-hours: Oct 7, 2022 6:45 PM EDT
-4.88%
Market Cap 3.93B
Revenue (ttm) 2.16B
Net Income (ttm) 258.25M
Shares Out 245.76M
EPS (ttm) 1.06
PE Ratio 15.08
Forward PE 6.70
Dividend n/a
Ex-Dividend Date n/a
Volume 410,747
Open 16.50
Previous Close 16.80
Day's Range 15.92 - 16.61
52-Week Range 15.93 - 52.05
Beta 0.63
Analysts Buy
Price Target 26.33 (+64.8%)
Earnings Date Nov 9, 2022

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... [Read more...]

Industry Interactive Media & Services
IPO Date Apr 17, 2014
CEO Gaofei Wang
Employees 6,147
Stock Exchange NASDAQ
Ticker Symbol WB
Full Company Profile

Financial Performance

In 2021, Weibo's revenue was $2.26 billion, an increase of 33.56% compared to the previous year's $1.69 billion. Earnings were $428.32 million, an increase of 36.68%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for WB stock is "Buy." The 12-month stock price forecast is 26.33, which is an increase of 64.77% from the latest price.

Price Target
$26.33
(64.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Weibo Reports Second Quarter 2022 Unaudited Financial Results

BEIJING , Sept. 1, 2022 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced its unaudited financial results for the...

1 month ago - PRNewsWire

Weibo Corporation to Report Second Quarter 2022 Financial Results on September 1, 2022

BEIJING , Aug. 16, 2022 /PRNewswire/ -- Weibo Corporation (NASDAQ: WB and HKEX: 9898), a leading social media for people to create, share and discover content, will announce its unaudited financial resu...

1 month ago - PRNewsWire

7 Best Asian Stocks to Buy Now

Asian stocks have tremendous upside after China's lockdown eased, interest rates fell, and demand improved. The post 7 Best Asian Stocks to Buy Now appeared first on InvestorPlace.

Other symbols: BABABILICPNGFUTUJDSE
2 months ago - InvestorPlace

Weibo Announces Results of 2022 Annual General Meeting

BEIJING , June 6, 2022 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced that the following proposed resolutions ...

4 months ago - PRNewsWire

Weibo Shares Gain On Q1 Beat Aided By User Base, Traffic

Weibo Corp (NASDAQ: WB) reported first-quarter FY22 revenue growth of 6% year-on-year to $484.6 million, beating the consensus of $473.98 million. Revenue grew 3% Y/Y on a CC basis.

4 months ago - Benzinga

Weibo Reports First Quarter 2022 Unaudited Financial Results

BEIJING , June 1, 2022 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced its unaudited financial results for firs...

4 months ago - PRNewsWire

Weibo Corporation Changes Date to Report First Quarter 2022 Financial Results to June 1, 2022

BEIJING , May 27, 2022 /PRNewswire/ -- Weibo Corporation (NASDAQ: WB and HKEX: 9898), a leading social media for people to create, share and discover content, today announced that it has changed the dat...

4 months ago - PRNewsWire

Weibo Corporation to Report First Quarter 2022 Financial Results on May 30, 2022

BEIJING , May 17, 2022 /PRNewswire/ -- Weibo Corporation (NASDAQ: WB and HKEX: 9898), a leading social media for people to create, share and discover content, will announce its unaudited financial resul...

4 months ago - PRNewsWire

3 Superior Chinese Stocks That Can Survive New Covid Lockdowns

China enacted shutdowns in at least 27 cities as part of its zero-Covid policy. But these three Chinese stocks will withstand the downturn.

Other symbols: BABABIDU
4 months ago - InvestorPlace

Weibo to Hold Annual General Meeting on June 6, 2022

BEIJING , April 20, 2022 /PRNewswire/ -- Weibo Corporation (the "Weibo" or "Company") (Nasdaq: WB and HKEX: 9898), China's leading social media platform, today published a notice to announce that it wil...

5 months ago - PRNewsWire

Weibo Plays With the Big Boys in Numbers, But Investors Still Worry

Key takeaways: Weibo's revenue rose above pre-pandemic levels last year, but its profitability lagged due to heavy spending The company trails Meta in its ability to monetize users, and is very much in ...

6 months ago - Benzinga

Weibo stock rises after new $500 million ADS repurchase program

Shares of Weibo Corp. WB, -2.64% rose 1.1% in premarket trading Thursday, after the China-based social media company announced a $500 million American depositary share (ADS) repurchase program. The prog...

6 months ago - Market Watch

Weibo Announces US$500 Million Share Repurchase Program

BEIJING , March 31, 2022 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB and HKEX: 9898), a leading social media platform in China, today announced that its board of directors h...

6 months ago - PRNewsWire

Which Chinese Stocks Will Be Delisted? 8 in U.S. Crosshairs

Weibo Corp (WB), on Wednesday, joined previously identified Chinese stocks that may be delisted from U.S. exchanges. More could follow and Alibaba (BABA) could be in SEC crosshairs too.

6 months ago - InvestorPlace

Which Chinese Stocks Could Get Delisted? 6 Companies to Watch.

Today, news that Weibo has been added to the SEC's list of at-risk companies for delisting has investors selling Chinese stocks in a big way. The post Which Chinese Stocks Could Get Delisted?

Other symbols: ACMRBGNEHCMYUMCZLAB
6 months ago - InvestorPlace

Chinese stocks under pressure as Weibo faces delisting possibility

Yahoo Finance Live's Emily McCormick examines Chinese stocks after Weibo gets added to a delisting watchlist.

6 months ago - Yahoo Finance

China's Weibo says will evaluate options following SEC addition under HFCCA

Weibo Corp said on Thursday it will consider evaluating options in response to the U.S. Securities Exchange Commission's (SEC) addition of the Chinese social media platform to its list of U.S.-listed th...

6 months ago - Reuters

Weibo Provides Update on Status under Holding Foreign Companies Accountable Act

BEIJING, March 24, 2022 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB and HKEX: 9898), a leading social media platform in China, today provides an update on its status under t...

6 months ago - PRNewsWire

China's microblogging giant Weibo faces delisting risks in US

US regulators have hastened their pace to enforce a law that could delist Chinese companies of which accounting papers can't be inspected. The addition of Weibo, the Twitter equivalent of China, to a de...

6 months ago - TechCrunch

Weibo Files its Annual Report on Form 20-F

BEIJING, March 10, 2022 /PRNewswire/ -- Weibo Corporation (the "Weibo" or "Company") (Nasdaq: WB and HKEX: 9898), a leading social media platform in China, today announced that it filed its annual repor...

6 months ago - PRNewsWire

Weibo Reports Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results

BEIJING, March 3, 2022 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced its unaudited financial results for the ...

7 months ago - PRNewsWire

Weibo Corporation to Report Fourth Quarter and Fiscal Year 2021 Financial Results on March 3, 2022

BEIJING, Feb. 21, 2022 /PRNewswire/ -- Weibo Corporation (NASDAQ: WB and HKEX: 9898), a leading social media for people to create, share and discover content, will announce its unaudited financial resul...

7 months ago - PRNewsWire

4 Red Flags for Weibo's Future

The Chinese social media giant faces a lot of near-term challenges.

9 months ago - The Motley Fool

Better Social Media Stock: Twitter vs. Weibo

Which battered stock has a better shot at a turnaround next year?

Other symbols: TWTR
9 months ago - The Motley Fool

It's 'game over' for many U.S.-listed Chinese companies: Strategist

Given the tensions between the U.S. and China and low trust level between the two governments, David Loevinger from the TCW Group expects that most U.S.-listed Chinese companies will leave the U.S. capi...

Other symbols: BABABIDUJDTCEHYNTES
9 months ago - CNBC International TV