News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>Nomura Trims Weibo (WB.US) TP to USD10; Ad Biz Seems to Have Bottomed Out
WB-SW's (09898.HK) (WB.US) 1Q25 profit beat expectations, according to Nomura's research report. The company's total revenue remained flat YoY at USD397 million, largel...
Reset
Send
The window will close in 5 seconds
<Research>Nomura Trims Weibo (WB.US) TP to USD10; Ad Biz Seems to Have Bottomed Out
Close
Recommend
1
Positive
3
Negative
2
 
SHORT SELL
 
STOCK INFO

WB-SW's (09898.HK)  +1.950 (+2.737%)    Short selling $1.04M; Ratio 3.952%   (WB.US)      1Q25 profit beat expectations, according to Nomura's research report. The company's total revenue remained flat YoY at USD397 million, largely in line with expectations, while its non-GAAP operating profit rose by 3%, surpassing market forecasts by 7%

As for Weibo's 2Q guidance, it met market estimates, with the company anticipating total revenue to stay unchanged YoY and non-GAAP operating profit margins to range from 33% to 34%.

Related NewsWB-SW 1Q25 NP Leaps 1.16x to USD107M
While Weibo's advertising business seems to have bottomed out, Nomura cautioned that the long-term outlook is still uncertain due to changes in market conditions. The broker chopped its target price for the company's US shares from USD11.2 to USD10 and gave it a Neutral rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-23 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.