Weibo (WB) Stock

Weibo (WB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Weibo Corporation's market cap has dropped 95% since 2018, yet its book value has tripled, resulting in the stock trading at around half of book value. This low P/B ratio does not reflect low return on equity or poor asset quality, suggesting the stock is deeply undervalued. At 6x earnings and with an 11% dividend yield, investors are likely to generate strong returns unless Weibo's sales take a drastic decline.

Get a deeper insight into the potential performance of Weibo (WB) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Weibo Corporation (NASDAQ:WB ) Q1 2024 Results Conference Call May 23, 2024 7:00 AM ET Company Participants Sandra Zhang - Investor Relations Gaofei Wang - CEO & Director Fei Cao - Chief Financial Officer Conference Call Participants Felix Liu - UBS Daisy Chen - Haitong International Operator Good day, and thank you for standing by. Welcome to the Weibo Reports First Quarter 2024 Financial Results.

Weibo (WB) is today's morning trade for beginner, intermediate, and advanced options traders. Alan Knuckman demonstrates an example trade using Weibo.

Weibo NASDAQ: WB stock is deeply undervalued and ripe for a reversal. The stock is trading at only 5x its earnings, the lowest among China's social media operators, and analysts see nothing but upside.

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While the top- and bottom-line numbers for Weibo Corporation (WB) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.