Weibo Corporation (WB)
NASDAQ: WB · Real-Time Price · USD
8.92
-0.05 (-0.56%)
At close: Nov 22, 2024, 4:00 PM
8.80
-0.12 (-1.34%)
After-hours: Nov 22, 2024, 6:57 PM EST
Weibo Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Weibo stock have an average target of 10.23, with a low estimate of 7.50 and a high estimate of 12. The average target predicts an increase of 14.69% from the current stock price of 8.92.
Analyst Consensus: Hold
* Price targets were last updated on Sep 30, 2024.
Analyst Ratings
The average analyst rating for Weibo stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 2 | 2 | 3 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 20, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $11 → $12 | Strong Buy | Maintains | $11 → $12 | +34.53% | Sep 30, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $8 → $7.5 | Sell | Maintains | $8 → $7.5 | -15.92% | Aug 23, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $11 → $10 | Hold → Sell | Downgrades | $11 → $10 | +12.11% | May 17, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $11 | Strong Buy → Hold | Downgrades | $11 | +18.83% | Mar 28, 2024 |
Financial Forecast
Revenue This Year
1.75B
from 1.76B
Decreased by -0.50%
Revenue Next Year
1.81B
from 1.75B
Increased by 3.31%
EPS This Year
1.74
from 1.43
Increased by 21.94%
EPS Next Year
1.80
from 1.74
Increased by 3.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.8B | 1.9B | 2.0B | |
| Avg | 1.8B | 1.8B | 1.9B | |
| Low | 1.7B | 1.7B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.9% | 9.9% | 9.2% | |
| Avg | -0.5% | 3.3% | 3.0% | |
| Low | -5.5% | -5.3% | -8.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.94 | 2.02 | 2.13 | |
| Avg | 1.74 | 1.80 | 1.91 | |
| Low | 1.62 | 1.59 | 1.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 35.8% | 15.6% | 18.7% | |
| Avg | 21.9% | 3.0% | 6.6% | |
| Low | 13.1% | -9.0% | -7.2% |
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.