Are You Thinking About Investing In Weibo?

By Tamara Parker • Wednesday, November 29 17:11 • Permanent Link

Shares of Weibo have moved -3.2% today, and are now trading at a price of $11.32. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 838,101 compared to the stock's average volume of 844,098.

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. Based in Beijing, China the company has 5,935 full time employees and a market cap of $2,734,606,080.

The company is now trading -36.19% away from its average analyst target price of $17.74 per share. The 22 analysts following the stock have set target prices ranging from $12.9 to $26.3, and on average give Weibo a rating of buy.

Date Reported	Total Revenue ($ k)	Net Profit ($ k)	Net Margins (%)
2023	1,836,332	97,809	5
2022	2,257,083	428,319	19
2021	2,257,083	428,319	19
2020	1,766,914	494,675	28
2019	1,766,914	587,213	33
2018	1,718,518	572,620	33

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.