4 Key Metrics for Weibo Investors to Focus On
With shares up roughly 150% year to date, Weibo (NASDAQ: WB) ranks among the year's best-performing tech stocks -- and it's one that growth-focused investors will likely want to keep an eye on. For those unfamiliar with the Chinese company, Weibo is a social media platform that has a number of similarities to Twitter -- among them, the core experience is built around 140-character messages and its management team is angling to make video a much bigger part of its business.
However, unlike Twitter, the company is already profitable, and it's delivering rapid sales and earnings growth. Take a look at the table below for a snapshot of its most recent quarterly performance:
Non-GAAP = adjusted. Data source: Weibo.
Source: Fool.com
Weibo Corp. ADR Stock
€7.10
0.000%
Based on 3 Buy predictions and 3 Sell predictions the sentiment towards Weibo Corp. ADR is rather balanced.
With a target price of 14 € there is a hugely positive potential of 97.18% for Weibo Corp. ADR compared to the current price of 7.1 €.
