WB

Weibo
NASDAQ
9.09
-0.41
-4.32%
After Hours: 9.25 +0.16 +1.75% 16:33 03/28 EDT
OPEN
9.36
PREV CLOSE
9.50
HIGH
9.57
LOW
9.05
VOLUME
2.63M
TURNOVER
0
52 WEEK HIGH
20.29
52 WEEK LOW
7.84
MARKET CAP
2.20B
P/E (TTM)
6.37
1D
5D
1M
3M
1Y
5Y
Weibo Recovery Still In The Works Due To Soft Ad Revenue, Analyst No Longer Bullish
Goldman Sachs downgrades Weibo Corp from Buy to Neutral. The company's advertising revenues were softer than anticipated in 2023. Goldman Sachs expects incremental sales and margin pressure this year. Weibo reported mixed fourth-quarter results. The firm's revenue recovery was impacted by weaker household consumption and stiff content competition.
Benzinga · 17h ago
China's Weibo cut to Neutral at Goldman Sachs on softer revenue recovery
Tech China's Weibo cut to Neutral at Goldman Sachs on softer revenue recovery. Goldman Sachs downgraded Weibo's stock to Neutral citing a prolonged revenue recovery and re-investment period. The firm also cut its price target on the stock to $10.6 from $17.1.
Seeking Alpha · 19h ago
Beyond The Numbers: 4 Analysts Discuss Weibo Stock
Four analysts have released ratings for Weibo (NASDAQ:WB) in the past three months. The company has an average price target of $10.47. Weibo Corp is a China-based company mainly engaged in the social media advertising business. The 12-month price targets assessed by analysts reveal further insights into the company.
Benzinga · 20h ago
Weibo Cut to Neutral From Buy by Goldman Sachs
Dow Jones · 22h ago
Weibo Price Target Announced at $10.60/Share by Goldman Sachs
Dow Jones · 22h ago
Goldman Sachs Downgrades Weibo to Neutral, Announces $10.6 Price Target
Benzinga · 22h ago
Stocks Tread Water Before the Open as Investors Brace for U.S. Economic Data
June S&P 500 E-Mini futures are up +0.01% this morning. Wall Street's major indexes ended yesterday's trading session higher. Final U.S. GDP reading for the fourth quarter will be released today. German Retail Sales, Germany’s Unemployment Rate and other economic data also expected to be released.
Barchart · 1d ago
12 Communication Services Stocks Moving In Wednesday's After-Market Session
Chicken Soup for the Soul shares moved upwards by 5.0% during Wednesday's after-market session. Phoenix New Media stock rose 4.32% to $1.69. Angi (NASDAQ:ANGI) and Leafly Holdings also rose during the session. Losers included Hanryu Holdings and Weibo.
Benzinga · 1d ago
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About WB
Weibo Corp is a China-based company mainly engaged in social media advertising business. The Company operates two segments. Advertising and Marketing segment mainly provides a full range of advertising customization and marketing solutions. Value-added Services segment mainly provides services such as membership services on social platforms, online games, live broadcasts, social e-commerce and others. The Company's main product is the social platform Weibo.

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