Weibo Corporation (WB)

NASDAQ: WB · IEX Real-Time Price · USD
9.09
-0.41 (-4.32%)
At close: Mar 28, 2024, 4:00 PM
9.10
+0.01 (0.13%)
After-hours: Mar 28, 2024, 7:59 PM EDT
-4.32%
Market Cap 2.21B
Revenue (ttm) 1.76B
Net Income (ttm) 342.60M
Shares Out 221.17M
EPS (ttm) 1.43
PE Ratio 5.39
Forward PE 4.97
Dividend n/a
Ex-Dividend Date n/a
Volume 2,618,317
Open 9.36
Previous Close 9.50
Day's Range 9.05 - 9.57
52-Week Range 7.84 - 21.58
Beta 0.42
Analysts Buy
Price Target 13.23 (+45.55%)
Earnings Date Mar 14, 2024

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]

IPO Date Apr 17, 2014
Employees 5,935
Stock Exchange NASDAQ
Ticker Symbol WB
Full Company Profile

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%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for WB stock is "Buy." The 12-month stock price forecast is $13.23, which is an increase of 45.55% from the latest price.

Price Target
$13.23
(45.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Chinese City's Spicy Take on Hotpot Takes Weibo by Storm

A Chinese city in Gansu has gone viral over its version of a hotpot dish, known as malatang. It has even boosted shares of a local mushroom producer.

2 days ago - Bloomberg Markets and Finance

China Supermarket Job Ad Sparks Ageism Discussion On Weibo

A supermarket job ad in China is generating buzz on Weibo because of an age requirement of between 18 and 30 years old. Get insight into some of the top stories in mainland Chinese papers and social m...

4 days ago - Bloomberg Markets and Finance

Weibo Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results and Dividend

BEIJING , March 14, 2024 /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 ...

14 days ago - PRNewsWire

Weibo Corporation to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 14, 2024

BEIJING , Feb. 27, 2024 /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 re...

4 weeks ago - PRNewsWire

Weibo Corporation Prices Offering of American Depositary Shares in connection with the Delta Placement of Borrowed ADSs

BEIJING , Nov. 30, 2023 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB; HKEX: 9898), a leading social media in China, today announced the pricing of a previously announced of...

4 months ago - PRNewsWire

Weibo Corporation Prices Offering of US$300 Million Convertible Senior Notes

BEIJING, Nov. 30, 2023 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB; HKEX: 9898), a leading social media in China, today announced the pricing of its previously announced o...

4 months ago - PRNewsWire

Weibo Corporation Announces Proposed Offering of American Depositary Shares in connection with the Delta Placement of Borrowed ADSs

BEIJING , Nov. 29, 2023 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB; HKEX: 9898), a leading social media in China, today announced the commencement of the offering of Amer...

4 months ago - PRNewsWire

Weibo Corporation Announces Proposed Offering of US$300 Million Convertible Senior Notes

BEIJING , Nov. 29, 2023 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB; HKEX: 9898), a leading social media in China, today announced a proposed offering (the "Notes Offering...

4 months ago - PRNewsWire

Weibo Reports Third Quarter 2023 Unaudited Financial Results

BEIJING , Nov. 9, 2023 /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 th...

5 months ago - PRNewsWire

Weibo Corporation to Report Third Quarter 2023 Financial Results on November 9, 2023

BEIJING , Oct. 25, 2023 /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 re...

5 months ago - PRNewsWire

CEO of China's Weibo tests new real-name policy on his own account

The chief executive of China's Weibo on Friday confirmed that China may start denying anonymity to online commentators on politics and finance by requiring them to display their names on their account...

5 months ago - Reuters

Weibo Reports Second Quarter 2023 Unaudited Financial Results

BEIJING , Aug. 24, 2023 /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 t...

7 months ago - PRNewsWire

Bitcoin falls, Chinese tech stocks under pressure: Trending tickers August 18, 2023

Bitcoin (BTC-USD) is under pressure for a second day. The cryptocurrency is down about 11 percent over the last 5 days, but is still up about 56 percent year to date.

Other symbols: BABABIDUJD
7 months ago - Yahoo Finance

Weibo Corporation to Report Second Quarter 2023 Financial Results on August 24, 2023

BEIJING , Aug. 9, 2023 /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 res...

8 months ago - PRNewsWire

Quotes - U.S. bank stocks slide after Moody's ratings downgrade

U.S. bank shares slid on Tuesday after Moody's downgraded several small to mid-sized banks and said it may revise the credit ratings of some of the nation's biggest lenders, sparking concerns about th...

8 months ago - Reuters

Weibo Reports First Quarter 2023 Unaudited Financial Results and Dividend

BEIJING , May 25, 2023 /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 fi...

11 months ago - PRNewsWire

Weibo Announces Results of 2023 Annual General Meeting

BEIJING , May 24, 2023 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced that the following proposed resolution...

11 months ago - PRNewsWire

Weibo Corporation to Report First Quarter 2023 Financial Results on May 25, 2023

BEIJING , May 5, 2023 /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...

11 months ago - PRNewsWire

Weibo Files its Annual Report on Form 20-F

BEIJING , April 27, 2023 /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 re...

1 year ago - PRNewsWire

Weibo to Hold Annual General Meeting on May 24, 2023

BEIJING , April 3, 2023 /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 wi...

1 year ago - PRNewsWire

China's Weibo ups stake in Inmyshow Digital with $315 mln acquisition

China's Weibo Corp said on Wednesday it was raising its stake in Shanghai-listed media marketing firm Inmyshow Digital Technology Group Co Ltd through the acquisition of ShowWorld Hong Kong Ltd for 2....

1 year ago - Reuters

Weibo Reports Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results

BEIJING , March 1, 2023 /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 t...

1 year ago - PRNewsWire

RESAAS Enables Real Estate Agents to Market Across Asia Using Sina Weibo, a Leading Social Media Platform in Asia

VANCOUVER, BC , Feb. 28, 2023 /PRNewswire/ - RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), ("RESAAS" or the "Company"), a leading provider of technology solutions for the Real Estate Industry, is p...

1 year ago - PRNewsWire

Asia Earnings Week Ahead: Li Auto, Nio, Weibo, Budweiser APAC

Asia's earnings season has reached the halfway line, with focus shifting to Chinese companies as investors reassess holdings in emerging markets after recent comments on US rate hike. Felix Tam report...

Other symbols: BUDLINIO
1 year ago - Bloomberg Markets and Finance

Weibo Corporation to Report Fourth Quarter and Fiscal Year 2022 Financial Results on March 1, 2023

BEIJING , Feb. 15, 2023 /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 re...

1 year ago - PRNewsWire