微博(WB.US)盘前跌约1.8%，报11.03美元。消息面上，微博计划于11月中旬公布2025年第三季度财 报。高盛预计，微博上季营收约为4.43亿美元，同比下降5%；调整后净利润为1.15亿美元，净利率 25.9%，与市场预期一致。广告业务方面，由于去年巴黎奥运会带来的高基数效应、消费支出放缓以及 广告技术升级尚处早期阶段的多重压力。(格隆汇) ...

智通财经APP获悉，中信证券发布研报称，25Q2微博-SW(09898)实现营收4.45亿美元(同比+1.6%， 人民币计同比+1%)，Non-GAAP净利润1.43亿美元(同比+13.4%)。该行认为随着宏观经济复苏，以及产 品服务的不断优化，公司业绩有望逐步回暖，同时高额分红增厚股东回报。长期来看，微博作为社交媒 体主阵地，对于用户和品牌客户仍具有独特价值，该行维持"买入"评级。 （责任编辑：贺翀 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com ...

Core Viewpoint - The report from Credit Lyonnais indicates that Weibo's revenue for the second quarter reached $445 million, with adjusted net profit at $143 million, exceeding the bank's expectations by 1% and 23% respectively [1] Financial Performance - Weibo's Q2 revenue of $445 million and adjusted net profit of $143 million surpassed expectations [1] - The bank anticipates a 3% year-on-year decline in Q3 revenue, primarily due to high base effects from last summer's Olympics, particularly in food advertising, gaming, and smartphones [1] - Despite the expected revenue slowdown in the second half, the bank believes it is negligible and forecasts an adjusted operating profit margin of over 30% for the full year [1] Future Outlook - The bank has raised its adjusted net profit forecasts for Weibo by 3% for this year and 2% for next year [1] - The target price for Weibo has been increased from $8.8 to $11.5, with the rating upgraded from "Hold" to "Outperform" [1]