Put Buying Activity in Weibo (WB) Targets Over 7% Downside in Shares Through April -Susquehanna

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Weibo Corp (WB) PT Raised to $50 at Morgan Stanley

March 19, 2021 7:25 AM EDT

Morgan Stanley analyst Alex Ko raised the price target on Weibo Corp (NASDAQ: WB) to $50.00 (from $45.00) while maintaining a Equalweight rating.... More

Weibo Corp (WB) PT Raised to $40 at HSBC

March 19, 2021 3:49 AM EDT

HSBC analyst Binnie Wong raised the price target on Weibo Corp (NASDAQ: WB) to $40.00 (from $30.60) while maintaining a Reduce rating.... More

Weibo Corp (WB) PT Raised to $60.80 at CLSA

March 19, 2021 3:05 AM EDT

CLSA analyst Elinor Leung raised the price target on Weibo Corp (NASDAQ: WB) to $60.80 (from $47.50) while maintaining a Buy (1) rating.... More

Weibo (WB) Tops Q4 EPS by 18c, Revenues Beat

March 18, 2021 5:59 AM EDT

Weibo (NASDAQ: WB) reported Q4 EPS of $0.92, $0.18 better than the analyst estimate of $0.74. Revenue for the quarter came in at $513.4 million versus the consensus estimate of $499.05 million.

Fourth Quarter 2020 Highlights

Net revenues were $513.4 million, an increase of 10% year-over-year or an increase of 3% year-over-year on a constant currency basis[1].Advertising and marketing revenues were $453.5 million, an increase of 12% year-over-year.Value-added service ("VAS") revenues were $59.9million, a decrease of 4%... More