News coverage about Weibo (NASDAQ:WB) has been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Weibo earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the information services provider an impact score of 46.0641482268259 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news stories that may have effected Accern’s scoring:

Shares of Weibo (WB) opened at $131.86 on Monday. Weibo has a 12-month low of $46.05 and a 12-month high of $136.19. The firm has a market cap of $30,107.63, a price-to-earnings ratio of 115.34 and a beta of 2.54.

Weibo (NASDAQ:WB) last posted its quarterly earnings results on Tuesday, November 7th. The information services provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.06. Weibo had a net margin of 26.85% and a return on equity of 30.00%. The business had revenue of $320.00 million during the quarter, compared to analysts’ expectations of $297.20 million. During the same period last year, the company posted $0.24 earnings per share. The business’s quarterly revenue was up 80.9% on a year-over-year basis. equities research analysts expect that Weibo will post 1.51 EPS for the current fiscal year.

A number of brokerages recently commented on WB. BidaskClub upgraded shares of Weibo from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Benchmark decreased their target price on shares of Weibo from $110.00 to $95.00 and set a “buy” rating on the stock in a research report on Wednesday, November 8th. Barclays increased their target price on shares of Weibo from $100.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 14th. Zacks Investment Research lowered shares of Weibo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 12th. Finally, Morgan Stanley assumed coverage on shares of Weibo in a research report on Friday, January 5th. They set an “overweight” rating and a $130.00 price target on the stock. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $104.85.

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Weibo Company Profile

Weibo Corporation is a social media platform for people to create, distribute and discover Chinese-language content. The Company provides ways for people and organizations to publicly express themselves in real time, interact with others on a global platform and stay connected with the world. It operates in two segments: advertising and marketing services and other services.

Insider Buying and Selling by Quarter for Weibo (NASDAQ:WB)

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