Weibo Exceeds Q2 Earnings Expectations; Citi Raises Target Price to $14

Weibo (WB) exceeded Q2 2022 earnings expectations with a 1.6% YoY revenue increase to $444.8mln, beating Citi's forecast by 2% and market consensus by 1.5%. Adjusted net income was $143mln, a 10% and 20% outperformance compared to Citi's and market expectations, respectively. Marketing services revenue rose 2% annually, driven by e-commerce, internet services, and automotive sectors. Citi raised Weibo's target price from $12 to $14, maintaining a "buy" rating.

Title: Weibo Exceeds Q2 2025 Earnings Expectations

Weibo Corporation (WB) has reported strong financial results for the second quarter of 2025, with a 1.6% year-over-year (YoY) increase in net revenues to $444.8 million, surpassing both Citi's forecast and market consensus by 2% and 1.5%, respectively. The company's non-GAAP adjusted net income of $143 million also exceeded expectations, with a 10% and 20% outperformance compared to Citi's and market estimates, respectively [1].

Key drivers of Weibo's performance include a 2% annual increase in marketing services revenue, driven primarily by growth in the e-commerce, internet services, and automotive sectors. The company's CEO, Gaofei Wang, highlighted the integration of social products and the upgrade of the recommendation system as key drivers of user engagement and content consumption [2]. Additionally, Weibo's AI-powered intelligent search community experienced robust growth, further boosting overall search needs among users [3].

Weibo's stock price reacted positively to the earnings report, surging 11% in response to the positive financial performance and growth prospects. The company's management team will host a conference call on August 14, 2025, to provide an overview of the financial performance and business operations [4].

Citi has raised its target price for Weibo from $12 to $14, maintaining a "buy" rating, reflecting confidence in the company's ability to drive revenue growth through effective AI integration and e-commerce partnerships [5].

References:
[1] https://www.nasdaq.com/articles/why-weibo-stock-popped-over-11-today
[2] https://www.ainvest.com/news/weibo-surpasses-q2-earnings-expectations-shares-rise-11-2508/
[3] https://www.ainvest.com/news/weibo-corp-reports-q2-2025-financial-results-net-revenues-2-monthly-active-users-reach-588-million-2508/
[4] https://seekingalpha.com/news/4485159-weibo-non-gaap-eps-of-054-beats-by-011-revenue-of-4448m-beats-by-544m
[5] https://simplywall.st/stocks/us/media/nasdaq-wb/weibo/news/weibo-wb-is-up-177-after-q2-beats-and-ai-progresshas-the-bul