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Jefferies Remains a Buy on Weibo (WB)

Tipranks - Tipranks - Sat Aug 16, 2025

In a report released today, Thomas Chong from Jefferies maintained a Buy rating on Weibo, with a price target of $12.30. The company’s shares closed yesterday at $11.44.

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Chong covers the Communication Services sector, focusing on stocks such as Tencent Music Entertainment Group, Cloud Music Inc., and XD, Inc.. According to TipRanks, Chong has an average return of 11.3% and a 54.56% success rate on recommended stocks.

Weibo has an analyst consensus of Hold, with a price target consensus of $11.27, which is a -1.49% downside from current levels. In a report released today, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $13.00 price target.

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Based on Weibo’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $396.86 million and a net profit of $106.96 million. In comparison, last year the company earned a revenue of $395.5 million and had a net profit of $49.44 million

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