Is Weibo's Growth Just Getting Started?
Weibo (NASDAQ: WB) stock has been on a tear in 2017, with shares up roughly 160% year to date as of this writing, trading at all-time highs. With an expanding user base and ad-sales growth driving momentum, the company has been able to deliver sales and earnings gains that have translated to impressive capital appreciation, and the stock is priced for the expectation that these favorable trends will continue. The chart below tracks the Chinese social media company's stock price, revenue, and earnings growth over the last three years:
WB Revenue (Quarterly) data by YCharts.
Source: Fool.com
Weibo Corp. ADR Stock
€7.30
2.820%
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 91.78% for Weibo Corp. ADR compared to the current price of 7.3 €.
