Citigroup Downgrades Weibo to Neutral, Lowers Price Target to $7.8

Weibo Q2 Adj. EPS $0.38 Beats $0.36 Estimate, Sales $453.826M Beat $442.746M Estimate

Weibo (NASDAQ:WB) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.36 by 5.56 percent. This is a 29.63 percent decrease over earnings of $0.54 per share from the same period

Watching Weibo Corporation; J Capital Research Issues Report On Co.

https://jcapitalresearch.substack.com/p/weibo-corporation-nasdaq-wb-hkex?utm_campaign=email-half-post&r=69dzc&utm_source=substack&utm_medium=email

Shares of U.S.-listed Chinese companies are trading higher after China's central bank maintained its one-year and five-year loan prime rates. Also, strength may be related to Alibaba gains after its preview of the Qwen3.8 AI model.