Stock Worth Mentioning Today: Could Weibo Corp (ADR) See a Reversal After This Very Strong Session?

Stock Worth Mentioning Today: Could Weibo Corp (ADR) See a Reversal After This Very Strong Session?

The stock of Weibo Corp (ADR) (NASDAQ:WB) is a huge mover today! About 1.08 million shares traded hands. Weibo Corp (ADR) (NASDAQ:WB) has risen 102.77% since April 25, 2016 and is uptrending. It has outperformed by 96.76% the S&P500.
The move comes after 9 months positive chart setup for the $10.67 billion company. It was reported on Nov, 28 by We have $54.63 PT which if reached, will make NASDAQ:WB worth $746.90M more.

Analysts await Weibo Corp (ADR) (NASDAQ:WB) to report earnings on March, 1. They expect $0.23 EPS, up 155.56% or $0.14 from last year’s $0.09 per share. WB’s profit will be $48.07 million for 55.45 P/E if the $0.23 EPS becomes a reality. After $0.14 actual EPS reported by Weibo Corp (ADR) for the previous quarter, Wall Street now forecasts 64.29% EPS growth.

Weibo Corp (ADR) (NASDAQ:WB) Ratings Coverage

Out of 8 analysts covering Weibo Corp (NASDAQ:WB), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. Weibo Corp has been the topic of 14 analyst reports since August 19, 2015 according to StockzIntelligence Inc. On Monday, May 16 the stock rating was downgraded by Goldman Sachs to “Neutral”. TH Capital maintained it with “Buy” rating and $21.0 target price in Tuesday, November 17 report. Summit Research upgraded Weibo Corp (ADR) (NASDAQ:WB) on Thursday, August 27 to “Hold” rating. The stock of Weibo Corp (ADR) (NASDAQ:WB) earned “Overweight” rating by Morgan Stanley on Tuesday, April 19. Citigroup initiated Weibo Corp (ADR) (NASDAQ:WB) on Friday, August 5 with “Buy” rating. Zacks downgraded the shares of WB in a report on Wednesday, August 26 to “Hold” rating. On Wednesday, August 19 the stock rating was maintained by Piper Jaffray with “Buy”. The firm earned “Hold” rating on Friday, September 4 by Zacks. Citigroup downgraded the stock to “Neutral” rating in Thursday, October 29 report. Morgan Stanley upgraded Weibo Corp (ADR) (NASDAQ:WB) on Thursday, December 17 to “Overweight” rating.

According to Zacks Investment Research, “Weibo Corporation operates as a social media platform for people to create, distribute and discover Chinese-language content. The Company operates in two segments: Advertising and Marketing Services, and Other Services. The company offers self-expression products; social products; discovery products; notifications; third-party online games. Weibo also develops mobile apps, such as Weibo Headlines; Weibo Weather and WeiDisk. It also provides advertising and marketing solutions, including social display ads and promoted marketing products. Weibo Corporation is headquartered in Beijing, China.”

Insitutional Activity: The institutional sentiment increased to 3.41 in 2016 Q2. Its up 1.38, from 2.03 in 2016Q1. The ratio increased, as 10 funds sold all Weibo Corp (ADR) shares owned while 20 reduced positions. 41 funds bought stakes while 20 increased positions. They now own 18.23 million shares or 18.81% more from 15.34 million shares in 2016Q1.
Legal And General Gp Pcl has 0% invested in the company for 6,100 shares. Manufacturers Life Insurance The has invested 0.01% of its portfolio in Weibo Corp (ADR) (NASDAQ:WB). Moreover, Geode Mngmt Limited Liability Co has 0% invested in Weibo Corp (ADR) (NASDAQ:WB) for 67,496 shares. Dixon Hubard Feinour And Brown Va reported 7,100 shares or 0.06% of all its holdings. Northern Trust Corporation last reported 10,322 shares in the company. Bancshares Of New York Mellon Corporation holds 0% of its portfolio in Weibo Corp (ADR) (NASDAQ:WB) for 145,343 shares. Guggenheim Capital Limited Co last reported 43,090 shares in the company. Citadel Advisors Ltd Liability Corp has 116,457 shares for 0% of their US portfolio. Barclays Public Limited Company holds 0% or 19,800 shares in its portfolio. Blackrock Invest Mngmt Lc accumulated 1,808 shares or 0% of the stock. Value Prtn Adv has 47.23% invested in the company for 2.63 million shares. Goldman Sachs Group last reported 68,136 shares in the company. Westpac has invested 0% of its portfolio in Weibo Corp (ADR) (NASDAQ:WB). Fmr Ltd Llc has 0% invested in the company for 24,100 shares. Paloma Prtn Mngmt Com reported 9,400 shares or 0% of all its holdings.

More important recent Weibo Corp (ADR) (NASDAQ:WB) news were published by: which released: “Why Weibo Corp (ADR) Stock Is Crushing Twitter Inc (TWTR)” on November 21, 2016, also published article titled: “Weibo Corp (ADR): Buy This Internet Stock on the Dip (WB)”, published: “Weibo Corp (ADR) (WB) Stock Is Headed for the Big Leagues” on October 21, 2016. More interesting news about Weibo Corp (ADR) (NASDAQ:WB) was released by: and their article: “Virtual Stock Exchange” with publication date: April 18, 2011.

WB Company Profile

Weibo Corporation, incorporated on July 2, 1905, is a social media platform for people to create, distribute and discover Chinese-language content. The Firm 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. The Firm operates through two divisions: advertising and marketing services, and other services. The Firm has a range of users, including ordinary people, celebrities and other public figures, as well as organizations, such as media outlets, businesses, government agencies and charities. The Company’s product categories include those for users, advertising and marketing clients and platform partners.

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