Core Viewpoint - Weibo's financial performance shows a modest revenue growth and significant profit increase, indicating potential for investment despite current market conditions [1][2]. Financial Performance - As of March 31, 2025, Weibo reported total revenue of $397 million, reflecting a year-over-year growth of 0.34% [1]. - The net profit attributable to shareholders reached $107 million, marking a substantial year-over-year increase of 116.36% [1]. Market Activity - On June 16, Weibo's stock opened with a 2.09% increase, trading at $9.75 per share, with a total market capitalization of $2.441 billion [1]. - On May 22, Weibo received a "Buy" rating from CMB International, with a target price set at $14.5 [2]. Company Overview - Weibo is a leading social media platform that combines self-expression with strong social interaction and content distribution capabilities [3]. - The platform allows users to create and share content, with a focus on mobile-first design and native advertising [3]. - The majority of Weibo's revenue is derived from advertising and marketing services, including social display ads and promotional marketing ads [3].
微博上涨2.09%,报9.75美元/股,总市值24.41亿美元