In last trading session, Weibo Corp ADR (NASDAQ:WB) saw 1.81 million shares changing hands with its beta currently measuring 0.23. Company’s recent per share price level of $9.09 trading at $0.3 or 3.41% at ring of the bell on the day assigns it a market valuation of $1.41B. That closing price of WB’s stock is at a discount of -36.41% from its 52-week high price of $12.40 and is indicating a premium of 22.66% from its 52-week low price of $7.03. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.21 million shares which gives us an average trading volume of 2.12 million if we extend that period to 3-months.

For Weibo Corp ADR (WB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.13. Splitting up the data highlights that, out of 7 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.44 in the current quarter.

Weibo Corp ADR (NASDAQ:WB) trade information

Upright in the green during last session for gaining 3.41%, in the last five days WB remained trading in the red while hitting it’s week-highest on Monday, 10/14/24 when the stock touched $9.09 price level, adding 9.01% to its value on the day. Weibo Corp ADR’s shares saw a change of -8.60% in year-to-date performance and have moved -10.79% in past 5-day. Weibo Corp ADR (NASDAQ:WB) showed a performance of 17.14% in past 30-days. Number of shares sold short was 19.32 million shares which calculate 8.98 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 10.2 to the stock, which implies a rise of 10.88% to its current value. Analysts have been projecting 7.5 as a low price target for the stock while placing it at a high target of 56. It follows that stock’s current price would jump 17.49% in reaching the projected high whereas dropping to the targeted low would mean a gain of 17.49% for stock’s current value.

Weibo Corp ADR (WB) estimates and forecasts

Statistics highlight that Weibo Corp ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 15.06% of value to its shares in past 6 months, showing an annual growth rate of -9.04% while that of industry is 9.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -2.30% from the last financial year’s standing.

9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 435.98M for the same. And 7 analysts are in estimates of company making revenue of 447.71M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -10.97% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -8.43% while estimates for its earnings growth in next 5 years are of 1.29%.

Weibo Corp ADR (NASDAQ:WB)’s Major holders

ALIBABA GROUP HOLDING LTD is the top institutional holder at WB for having 9.0 million shares of worth $69.12 million. And as of 2024-06-30, it was holding 3.8024 of the company’s outstanding shares.

The second largest institutional holder is FEDERATED HERMES, INC., which was holding about 4.77 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.0136 of outstanding shares, having a total worth of $36.6 million.