New Street Research - Weibo Corp Sponsored ADR Class A (WB) New Street: WB 2Q22 Results - Soft Outlook on Visibility Concerns

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New Street Research

Jin Yoon

New Street: WB 2Q22 Results - Soft Outlook on Visibility Concerns

What's new: Weibo Corporation reported 2Q22 results came in above consensus and our expectations. Advertising could continue to face near term top-line pressure amid macro and covid uncertainties. We maintain our PT at USD 30.

Analysts:
Jin Yoon

02/09/2022 1 EN

Underlying

Weibo Corp Sponsored ADR Class A

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US9485961018 NASDAQ Stock Market United States

Provider

New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
Global healthcare thematic research

We provide debt research on:

Pan European Telecom Services and Cable

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Analysts

Jin Yoon

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New Street: WB 2Q22 Results - Soft Outlook on Visibility Concerns

WB 3Q24 Results: Ad Recovery Could Take Time

WB 2Q24 Results: Ad Outlook Challenging in 2H

Vermilion Short Shots: Technically Vulnerable Stocks

SATS: DBS merger breaks

3Q24 Broadband Trends: FWA capacity limits; FWA demand limits

Gen AI Big Idea Series - Chipletz CEO Bryan Black - Smart Substrate & the Multi-Chip-Module revolution

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