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Weibo Corporation is currently in a long term uptrend where the price is trading 28.3% above its 200 day moving average.
From a valuation standpoint, the stock is 64.5% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 6.6.
Weibo Corporation's total revenue rose by 9.7% to $513M since the same quarter in the previous year.
Its net income has dropped by 69.5% to $29M since the same quarter in the previous year.
Based on the above factors, Weibo Corporation gets an overall score of 3/5.
CurrencyCode | EUR |
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ISIN | US9485961018 |
Sector | Communication Services |
Industry | Internet Content & Information |
Exchange | F |
PE Ratio | 7.01 |
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Target Price | 60.57 |
Market Cap | 2B |
Dividend Yield | 10.% |
Beta | 0.13 |
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 through 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, Fans Headline, Weibo Express, and promoted feeds, 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 services for better displaying and promotion of its account and content; an open application platform 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. It serves ordinary people, celebrities, opinion leaders, and other public figures or influencers, as well as media outlets, businesses, government agencies, charities, and other organizations. 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, the People's Republic of China.
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