The Technical Analyst
Weibo Corp [WB]
Exchange: NASDAQ Sector: Communication Services Industry: Internet Content & Information
Weibo Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: BUY (auto-tracking)
-0.68% $8.01
America/New_York / 19 apr 2024 @ 09:38
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 1 824.32 mill |
| EPS: | 1.690 |
| P/E: | 4.74 |
| Earnings Date: | May 23, 2024 |
| SharesOutstanding: | 227.90 mill |
| Avg Daily Volume: | 2.38 mill |
| RATING 2024-04-18 |
|---|
| A |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Buy | |
| Return On Equity: | Neutral | |
| Return On Asset: | Buy | |
| DE: | Buy | |
| P/E: | Buy | |
| Price To Book: | Sell |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.29x |
| Company: PE 4.74 | sector: PE 16.27 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.24x |
| Company: PE 4.74 | industry: PE 19.89 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 7.59 - 8.54 ( +/- 5.89%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2008-12-31 | Mcfayden Shannon W | Sell | 7 110 | Common Stock |
| 2008-12-31 | Mcfayden Shannon W | Sell | 1 820 | ESOP |
| 2008-12-31 | Mcfayden Shannon W | Sell | 8 540 | ESOP (Right to Buy) |
| 2008-12-31 | Mcfayden Shannon W | Sell | 13 500 | ESOP |
| 2008-12-31 | Mcfayden Shannon W | Sell | 31 500 | ESOP |
| INSIDER POWER |
|---|
| 0.00 |
| Last 100 transactions |
| Buy: 0 | Sell: 5 172 218 |
Forecast:
11:17 - $8.07
Live Trading Signals (every 1 min)
Forecast
1: 09:47 - $8.02
Forecast 2: 10:37 - $8.06
Forecast 3: 11:17 - $8.07
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $8.01 (-0.68% ) |
| Volume | 0.181 mill |
| Avg. Vol. | 2.38 mill |
| % of Avg. Vol | 7.60 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For WB
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $8.94 | N/A | Active |
|---|
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 marketing solutions, such as social display advertisements; and promoted marketing offerings, such as Fans Headline and Weibo Express, as well as promoted trends and search products that appear alongside user's trends discovery and search behaviors. In addition, the company offers products, such as trends, search, video/live streaming, and editing tools; content customization, copyright contents pooling, and user interaction development; and search list recommendation, trends list recommendation, and Weibo app opening advertisements. Further, it provides back-end management, traffic support, and product solutions to MCNs, unions, and e-commerce partners; open application platform for other app developers that allows users to log into third-party applications with their Weibo account for sharing third-party content on its platform; and Weibo Wallet, a product that enables platform partners to conduct interest generation activities on Weibo, such as handing out red envelops and coupons. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012. The company was founded in 2009 and is headquartered in Beijing, China. Weibo Corporation is a subsidiary of Sina Corporation.
Last 10 Buy Signals
Latest Press Releases
2024-03-14 05:00:00 - Press Release
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 the fourth quarter and fiscal year ended december 31, 2023. "in 2023, we further improved our product's competitiveness and operating efficiency," said gaofei wang, ceo of weibo.
2024-02-27 04:00:00 - Press Release
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 results for the fourth quarter and fiscal year 2023 before the u.s. market opens on thursday, march 14, 2024. following the announcement, weibo's management team will host a conference call from 7 am – 8 am eastern time on march 14, 2024 (or 7 pm – 8 pm beijing time on march 14, 2024) to present an overview of the company's financial performance and business operations.
2023-11-30 08:56:00 - Press Release
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 offering of 6,233,785 american depositary shares ("adss"), each currently representing one class a ordinary share of weibo, par value us$0.00025 per share (the "ads offering"), which the company will lend (the "borrowed adss") to an affiliate of the underwriter in the ads offering (such affiliate, the "ads borrower") pursuant to an ads lending agreement with the ads borrower (the "ads lending agreement"). concurrently with the ads offering, the company priced the offering (the "notes offering") of convertible senior notes in an aggregate principal amount of us$300 million due 2030 (the "notes") pursuant to rule 144a of the securities act of 1933, as amended.
2023-11-30 08:55:00 - Press Release
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 offering (the "notes offering") of convertible senior notes in aggregate principal amount of us$300 million due 2030 (the "notes"). the notes have been offered to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration provided by rule 144a under the securities act of 1933, as amended (the "securities act").
2023-11-29 16:21:00 - Press Release
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 american depositary shares ("adss"), each currently representing one class a ordinary share of weibo, par value us$0.00025 per share (the "ads offering"), which the company intends to loan (such loaned adss, the "borrowed adss") to an affiliate of the underwriter in the ads offering (such affiliate, the "ads borrower") pursuant to an ads lending agreement with the ads borrower (the "ads lending agreement"). concurrently with the ads offering, the company announced the offering (the "notes offering") of convertible senior notes in an aggregate principal amount of us$300 million due 2030 (the "notes") pursuant to rule 144a of the securities act of 1933, as amended.
Latest News
2024-04-17 17:48:55 - InvestorPlace
The 3 Most Overlooked Stocks Set for a Triple-Digit Comeback
Hidden treasures sometimes go overlooked in the busy world of financial markets. Here, attention is frequently drawn to the names with the most sparkle.
2024-04-08 12:36:55 - Schwab Network
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.
2024-04-03 08:01:44 - MarketBeat
Deeply Undervalued Weibo Stock Is Ripe for a Reversal
Weibo NASDAQ: WB stock is deeply undervalued and ripe for a reversal. The stock is trading at only 5x its earnings, the lowest among China's social media operators, and analysts see nothing but upside.
2024-03-27 00:25:25 - Bloomberg Markets and Finance
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.
2024-03-25 00:25:45 - 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 media on "Bloomberg: The China Show".
2024-03-14 10:30:29 - Zacks Investment Research
Here's What Key Metrics Tell Us About Weibo Corporation (WB) Q4 Earnings
While the top- and bottom-line numbers for Weibo Corporation (WB) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
2024-03-02 08:39:44 - 24/7 Wall Street
Warner Bros. Discovery Hammered By Investors
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2024-02-23 17:27:27 - InvestorPlace
Exit Now! 3 Social Media Stocks to Sell in February 2024
Social media stocks can come and go just as fast as the memes their platforms support. While the early days of social media stocks provided potential for huge growth akin to the dot-com bubble, many of these publicly traded companies are now faltering thanks to expanded regulatory action, increased competition and dwindling customer demand.
2024-02-12 02:09:39 - Seeking Alpha
Weibo Offers A Low-Risk, High-Uncertainty Bet
Weibo is an undervalued, dominant player in the Chinese social media market that happens to be a low-risk, high-uncertainty bet at current prices. The company can leverage AI and its vast amount of data to improve content and retain its KOLs. Weibo's CEO has successfully increased revenue and user base, but regulatory risks in China pose a potential challenge.
2024-02-11 06:23:00 - InvestorPlace
3 Sorry Social Media Stocks to Sell in February While You Still Can
The Senate Judiciary Committee's recent hearing has intensified the scrutiny on social media giants, including Meta Platforms (NASDAQ: META ) and TikTok, painting a grim reality of the platforms' impacts on youth. As the legislative hammer looms with potential regulations, the sentiment to dispose of social media stocks to sell grows.