Trending Industry Today: Hello Group Leads Gains In Live Streaming Stocks
July 9th - The industry of $Live Streaming(LIST2438.US)$ is trending up in regular trading hours with 6 constituents up and Hello Group leading Gains.$Hello Group(MOMO.US)$ inches up 8.41% to $6.64
Weibo's (NASDAQ:WB) Earnings Trajectory Could Turn Positive as the Stock Grows 7.0% This Past Week
Trending Industry Today: DouYu Leads Gains In Live Streaming Stocks
July 3rd - The industry of $Live Streaming(LIST2438.US)$ is trending up in regular trading hours with 6 constituents up and DouYu leading Gains.$DouYu(DOYU.US)$ shoots up 44.2% to $18.16 with a turnov
Does Weibo (NASDAQ:WB) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it might be obvious that you need to consider debt, whe
Chinese Equity Market Shows Momentum to Return Cash to Shareholders
0910 GMT - The Chinese equity market's momentum to return cash to shareholders looks promising, Goldman Sachs analysts say in a research note. The strong policy push by regulators could further encour
Hong Kong Shares Rebound 2.9% Amid Positive Sentiment
Hong Kong's Hang Seng Index extended early gains to close 2.9% higher at 18430.39. There could be some optimism among investors that more may be done by the Chinese authorities in 2H, IG market strate
DBS: Weibo-SW (09898) may maintain an annual dividend of $200 million.
Weibo is currently shifting its marketing budget towards channels with higher ROI. According to Morgan Stanley, this should increase the ratio of DAU/MAU (daily/monthly active users).
Hang Seng Index Likely to Consolidate Between 18500-20000 Near Term
0642 GMT - Hong Kong's Hang Seng Index is likely to consolidate between 18500 and 20000 in the near term, according to CCB International analysts Cliff Zhao and Wilson Zou in a research note. They say
The Market Doesn't Like What It Sees From Weibo Corporation's (NASDAQ:WB) Earnings Yet
Weibo Corporation's (NASDAQ:WB) price-to-earnings (or "P/E") ratio of 7.3x might make it look like a strong buy right now compared to the market in the United States, where around half of the companie
Nomura Trims Weibo Price Target to $10 From $10.80
Weibo (WB) has an average rating of outperform and price targets ranging from $8.60 to $18, according to analysts polled by Capital IQ. Price: 8.85, Change: +0.08, Percent Change: +0.93
Weibo's Ad Turnaround Not on the Horizon Yet -- Market Talk
0335 GMT - Weibo's ad turnaround is not on the horizon yet, Nomura research analysts write in a note. Ad revenue fell 5% on year in 1Q, weighed by reduced ad spend from the cosmetics sector, which Wei
Weibo Target Price Cut to $10.00 From $10.80 by Nomura >WB
Weibo Target Price Cut to $10.00 From $10.80 by Nomura >WB
The Weibo Corporation (NASDAQ:WB) First-Quarter Results Are Out And Analysts Have Published New Forecasts
Last week, you might have seen that Weibo Corporation (NASDAQ:WB) released its first-quarter result to the market. The early response was not positive, with shares down 9.2% to US$8.77 in the past week.
Citi Maintains Weibo(WB.US) With Buy Rating, Cuts Target Price to $13
Citi analyst Alicia Yap maintains $Weibo(WB.US)$ with a buy rating, and adjusts the target price from $15 to $13.According to TipRanks data, the analyst has a success rate of 38.0% and a total average
Earnings Call Summary | Weibo(WB.US) Q1 2024 Earnings Conference
The following is a summary of the Weibo Corporation (WB) Q1 2024 Earnings Call Transcript:Financial Performance:Weibo reported total Q1 2024 revenues of $395.5 million with their ad revenues being maj
BofA Securities Maintains Weibo(WB.US) With Sell Rating, Cuts Target Price to $8.6
BofA Securities analyst Miranda Zhuang maintains $Weibo(WB.US)$ with a sell rating, and adjusts the target price from $10 to $8.6.According to TipRanks data, the analyst has a success rate of 25.0% an
UBS: Reiterates Weibo-SW (09898) “Buy” Rating Target Price of HK$90
The Zhitong Finance App learned that UBS released a research report stating that it reaffirmed the Weibo-SW (09898) “buy” rating. After the first quarter results were announced, the revenue forecast for the full year of this year remained unchanged, but the adjusted net profit forecast was raised by about 2%, and the target price was HK$90. The company's revenue for the first quarter fell 4.4% year on year, and the decline was narrower than forecast. Due to ideal sales and marketing savings, adjusted net profit exceeded the bank and market expectations by more than 20%. The bank pointed out that in terms of fixed exchange rates, Weibo's advertising revenue in the first quarter was flat year on year. Management believes that the advertising market will bottom out from the second quarter, while consumption performance in March and April seems to be weak, but note
Changes in Hong Kong stocks | Weibo-SW (09898) fell more than 5%. Net profit returned to mother in the first quarter was halved, advertising and marketing revenue fell 5% year on year
The Zhitong Finance App learned that Weibo-SW (09898) fell by more than 5%. As of press release, it was down 5.57% to HK$67.75, with a turnover of HK$5.9041 million. According to the news, Weibo announced financial results for the first quarter of 2024, with net revenue of US$395.5 million, down 4% year-on-year or flat based on fixed exchange rates. Net profit attributable to Weibo shareholders was US$494.38 million, down 50.8% year on year and 40.6% month on month. Advertising and marketing revenue for the first quarter was US$339 million, down 5% year over year. Advertising and marketing revenue (excluding Guang from Alibaba)
CICC: Maintaining the Weibo-SW (09898) “Outperform the Industry” rating target price of HK$101
CICC raised its Weibo-SW (09898) 2024 non-GAAP net profit forecast by 4% to US$478 million.
Express News | U.S.-Listed Shares of Weibo up 2% After Q1 Results