Report
Chelsey Tam
EUR 100.00 For Business Accounts Only

Weibo's Growth Trajectory Helped by Network Effect and Emphasis on Execution; Fairly Valued

Narrow-moat Weibo’s fourth-quarter revenue and non-GAAP operating income were in line with our recently revised estimates, and we maintain our $84 fair value estimate. Weibo’s focus on the content ecosystem--for example, assisting celebrities/key opinion leaders in monetization to drive fan base and content, trending search, breaking news, and social relationships--is unchanged and should continue to help the firm differentiate itself from its competitors. Weibo continues to see key accounts' bu...
Underlying
Weibo Corp Sponsored ADR Class A

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Chelsey Tam

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