Weibo ADS (N Shares)

  • TickerWB
  • ISINUS9485961018
  • ExchangeNASDAQ Stock Market
  • SectorSoftware & Computer Services
  • CountryUnited States
Tian Hou

WB: Repositioning To Better Utilize Its Traffic In 4Q20E; Expect 2H20 To Be At Least In Line With Consensus Backed By Better Recovery In Advertising Environment

WB will report 3Q20 results on December 28th with a 6am EST conference call. We are positive into WB’s 3Q20 performance. Based on our data and calculations, we believe the company’s 3Q20 revenue is likely to be at least in line with consensus at $450.1M (3.8% Y/Y decline) and above the company’s guidance range of $435.0M – $444.4M and our model. The 4Q20 revenue guidance is likely to be also in line with consensus at $490.2M (4.7% Y/Y growth).

With a more favourable environment, WEIBO CORP improves to Slightly Positive

WEIBO CORP (US), a company active in the Internet industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date December 1, 2020, the closing price was USD 41.80 and its potential was estimated at USD 52.81.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Uncertainty Hits Global Equities MSCI ACWI (ACWI-US) recently broke below the $81.50 short-term support level we were watching, which tells us that the important $77 support level is likely to be tested. While a more cautious outlook is appropriate, as long as $77 holds (the September lows) we are constructive and would be buyers on a pullback. A move below $77 would start to get very concerning, and would leave $75 and the 200-day MA as last-ditch support. · Market Dynamics Still Constructive. Most market dynamics point to this being a relatively contained pullback. The US dollar (D...

UOB
Julia Pan Mengyao

Weimob - Strengthening the catering SaaS business; acquires Wuxi Yazuo

Weimob is acquiring 63.83% of Wuxi Yazuo for Rmb114.9m cash. Wuxi Yazuo will refine Weimob’s smart catering product chain and provide full-scale scenario solutions. We are positive on the company's layout in smart catering vertical areas and expect strong revenue growth in the SaaS business, driven by more contribution from medium- to large-sized customers, outpacing SME growth. Maintain BUY and raise target price to HK$7.10.

UOB
Carol Dou Xiao Qin ...
  • Julia Pan Mengyao
  • Michael Cheung Ho Bun

Greater China Daily: Monday, February 24, 2020

KEY HIGHLIGHTS Update Sinopharm Group (1099 HK/SELL/HK$26.20/Target: HK$20.70) Expect slower industry growth and continued margin pressure. Downgrade to SELL. Weimob (2013 HK/BUY/HK$6.18/Target: HK$7.10) Strengthening the catering SaaS business; acquires Wuxi Yazuo. YiChang HEC ChangJiang Pharmaceutical (1558 HK/BUY/HK$41.90/Target: HK$52.12) COVID-19 preventive measures may slow down sales of Kewei.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

GMR Weekly Notes - 5 March 2018

Markets This Week: Equities: Weibo (WB); Visa (V); Walmart (WMT); GVIP (GS Hedge Fund Holdings ETF); Allergan (AGN; Formula One Group (FWONK); FX: AUDCAD; GBPJPY; DXY; Rates: 5s/10s; Bunds (GDBR10); Gilts (GUKG10); Commodities: Gold (XAU)

Tian Hou

WB: Repositioning To Better Utilize Its Traffic In 4Q20E; Expect 2H20 To Be At Least In Line With Consensus Backed By Better Recovery In Advertising Environment

WB will report 3Q20 results on December 28th with a 6am EST conference call. We are positive into WB’s 3Q20 performance. Based on our data and calculations, we believe the company’s 3Q20 revenue is likely to be at least in line with consensus at $450.1M (3.8% Y/Y decline) and above the company’s guidance range of $435.0M – $444.4M and our model. The 4Q20 revenue guidance is likely to be also in line with consensus at $490.2M (4.7% Y/Y growth).

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Uncertainty Hits Global Equities MSCI ACWI (ACWI-US) recently broke below the $81.50 short-term support level we were watching, which tells us that the important $77 support level is likely to be tested. While a more cautious outlook is appropriate, as long as $77 holds (the September lows) we are constructive and would be buyers on a pullback. A move below $77 would start to get very concerning, and would leave $75 and the 200-day MA as last-ditch support. · Market Dynamics Still Constructive. Most market dynamics point to this being a relatively contained pullback. The US dollar (D...

UOB
Julia Pan Mengyao

Weimob - Strengthening the catering SaaS business; acquires Wuxi Yazuo

Weimob is acquiring 63.83% of Wuxi Yazuo for Rmb114.9m cash. Wuxi Yazuo will refine Weimob’s smart catering product chain and provide full-scale scenario solutions. We are positive on the company's layout in smart catering vertical areas and expect strong revenue growth in the SaaS business, driven by more contribution from medium- to large-sized customers, outpacing SME growth. Maintain BUY and raise target price to HK$7.10.

UOB
Carol Dou Xiao Qin ...
  • Julia Pan Mengyao
  • Michael Cheung Ho Bun

Greater China Daily: Monday, February 24, 2020

KEY HIGHLIGHTS Update Sinopharm Group (1099 HK/SELL/HK$26.20/Target: HK$20.70) Expect slower industry growth and continued margin pressure. Downgrade to SELL. Weimob (2013 HK/BUY/HK$6.18/Target: HK$7.10) Strengthening the catering SaaS business; acquires Wuxi Yazuo. YiChang HEC ChangJiang Pharmaceutical (1558 HK/BUY/HK$41.90/Target: HK$52.12) COVID-19 preventive measures may slow down sales of Kewei.

Tian Hou

T. H. Data Flash – Weibo Corporation – November & 4Q19E: Negative Impact From ByteDance Lessening; Operational Metrics Recovering; Maintain Buy Rating

WB was under pressure from ByteDance throughout the year of 2019. However, the negative impacts are becoming less fierce, mainly due to the fact that most of the impacts are already baked into WB’s operations as the company’s operational metrics were showing some upward trends in November 2019. Based on our data and calculations, preliminarily we believe the company’s 4Q19E revenue is likely to be higher than consensus at $473.98M and our model, and within the company’s guidance range of $473.3M – $487.5M.

GMR Weekly Notes - 24 September 2018

Markets This Week: Stocks: AMZN (bigger surprise lower coming); SHCOMP; Weibo (WB); Netflix (NFLX) Forex: DXY; ADXY; NZDUSD; GBPJPY Rates: US 30-Years; 5s/30s; JGBs JGBs have potential to be one the major trades in Q4

GMR Macro Technicals - 9 May 2018

Weibo (WB) has broken thru key May and Q2 resistance ahead of earnings this morning. Staying above there projects 8% higher for May; considerably further for Q2. The USD rally is at key long-term resistance levels vs GBP, AUD and CAD. US Treasuries are still trend down, but with 2s and bonds held up by key Yearly support; 5s and 10s without that safety net. See GMR Macro Technicals for specific price levels and detailed Trade Strategies.

Alastair Jones ...
  • Iain Johnston
  • James Ratzer
  • Russell Waller

Global TMT: MTN Downgrade, VOD, VIPS, WB, BABA, TCENT, SKY

Global TMT headlines: MTN hit by further issues in Nigeria – Downgrade to Neutral given uncertainty. VOD (Neutral): Australia merger: Getting the synergy benefits while still keeping debt off balance sheet. Takeaways from NSR Internet Tour: VIPS, WB, BABA, TCENT. China Internet Daily: B2B Textiles M-commerce App '100 Fabrics' Raises USD 30 Mln Series C1. Sky (Neutral): TAB ruling hints at potential upper limit for Disney. Bouygues (non-covered): Good quarter, good broadband net adds, guidance reiterated

Soomit Datta

Global TMT: Indian Wireless, BT, SINA, WB, DT, VEON

Global TMT: Indian Wireless, BT, SINA, WB, DT, VEON. For further details, please contact James Ratzer on 5 or email , or Charlie Gaynor on 1 or email {MSG CHARLIE GAYNOR }

With a more favourable environment, WEIBO CORP improves to Slightly Positive

WEIBO CORP (US), a company active in the Internet industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date December 1, 2020, the closing price was USD 41.80 and its potential was estimated at USD 52.81.

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