Weibo Corporation (WB)
| Market Cap | 2.38B |
| Revenue (ttm) | 1.76B |
| Net Income (ttm) | 342.60M |
| Shares Out | 253.99M |
| EPS (ttm) | 1.43 |
| PE Ratio | 6.76 |
| Forward PE | 4.00 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,698,089 |
| Open | 9.59 |
| Previous Close | 9.66 |
| Day's Range | 9.30 - 9.68 |
| 52-Week Range | 7.58 - 17.23 |
| Beta | 0.41 |
| Analysts | Buy |
| Price Target | 12.77 (+36.29%) |
| Earnings Date | May 23, 2024 |
About WB
Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, discover, and distribute 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]
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 StatementsAnalyst Forecast
According to 8 analysts, the average rating for WB stock is "Buy." The 12-month stock price forecast is $12.77, which is an increase of 36.29% from the latest price.
News
Weibo Corporation to Report First Quarter 2024 Financial Results on May 23, 2024
BEIJING , May 8, 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 resu...
Weibo Files its Annual Report on Form 20-F
BEIJING , April 25, 2024 /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...
Weibo Publishes 2023 Environmental, Social and Governance Report
BEIJING , April 19, 2024 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced that it has published its 2023 Envir...
Bullish on Weibo (WB)
Weibo (WB) is today's morning trade for beginner, intermediate, and advanced options traders. Alan Knuckman demonstrates an example trade using Weibo.
Weibo to Hold Annual General Meeting on May 22, 2024
BEIJING , April 8, 2024 /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...
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.
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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....