Weibo Corporation (WB)
NASDAQ: WB · IEX Real-Time Price · USD
7.65
-0.25 (-3.16%)
At close: Jul 19, 2024, 4:00 PM
7.75
+0.10 (1.31%)
Pre-market: Jul 22, 2024, 7:32 AM EDT
Weibo Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Weibo stock have an average target of 12.77, with a low estimate of 9.80 and a high estimate of 19.5. The average target predicts an increase of 66.93% from the current stock price of 7.65.
Analyst Consensus: Buy
* Price targets were last updated on May 17, 2024.
Analyst Ratings
The average analyst rating for Weibo stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 7 | 7 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $11 → $10 | Hold → Sell | Downgrades | $11 → $10 | +30.72% | May 17, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $11 | Strong Buy → Hold | Downgrades | $11 | +38.56% | Mar 28, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $13 → $12 | Hold → Strong Buy | Upgrades | $13 → $12 | +50.33% | Mar 19, 2024 |
| HSBC | HSBC | Hold Maintains $14 → $9.8 | Hold | Maintains | $14 → $9.8 | +28.10% | Mar 15, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Sell Downgrades $10 | Strong Buy → Sell | Downgrades | $10 | +30.72% | Jan 11, 2024 |
Financial Forecast
Revenue This Year
1.82B
from 1.76B
Increased by 3.25%
Revenue Next Year
1.90B
from 1.82B
Increased by 4.29%
EPS This Year
1.75
from 1.43
Increased by 22.46%
EPS Next Year
1.87
from 1.75
Increased by 6.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.9B | 2.0B | 2.0B | 2.2B |
| Avg | 1.8B | 1.9B | 2.0B | 2.1B |
| Low | 1.7B | 1.8B | 1.9B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.3% | 8.9% | 8.1% | 11.9% |
| Avg | 3.2% | 4.3% | 3.0% | 8.7% |
| Low | -4.0% | -2.4% | -2.2% | 4.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.95 | 2.07 | 2.19 | 2.36 |
| Avg | 1.75 | 1.87 | 1.97 | 2.29 |
| Low | 1.58 | 1.70 | 1.75 | 2.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 36.6% | 18.1% | 17.2% | 19.3% |
| Avg | 22.5% | 7.0% | 5.4% | 15.9% |
| Low | 10.3% | -3.2% | -6.7% | 11.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.