Weibo Corp has a consensus price target of $17.62 based on the ratings of 11 analysts. The high is $42.7 issued by CLSA on May 18, 2022. The low is $7.5 issued by Morgan Stanley on August 23, 2024. The 3 most-recent analyst ratings were released by Citigroup, Morgan Stanley, and Morgan Stanley on September 30, 2024, August 23, 2024, and May 17, 2024, respectively. With an average price target of $9.83 between Citigroup, Morgan Stanley, and Morgan Stanley, there's an implied -4.90% downside for Weibo Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Weibo (NASDAQ:WB) was reported by Benchmark on November 20, 2024. The analyst firm set a price target for $0.00 expecting WB to fall to within 12 months (a possible -100.00% downside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Weibo (NASDAQ:WB) was provided by Benchmark, and Weibo reiterated their hold rating.
The last upgrade for Weibo Corp happened on March 19, 2024 when UBS raised their price target to $11.5. UBS previously had a neutral for Weibo Corp.
The last downgrade for Weibo Corp happened on May 17, 2024 when Morgan Stanley changed their price target from $11 to $10 for Weibo Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Weibo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Weibo was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest Weibo (WB) rating was a reiterated with a price target of $0.00 to $0.00. The current price Weibo (WB) is trading at is $10.34, which is out of the analyst’s predicted range.
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