$WB

Analysts upgraded Equifax (EFX) to Buy with a $235 target, Parsons (PSN) to Outperform with a $57 target, Taylor Devices (TAYD) to Buy with a $70 target, Ternium (TX) to Overweight with a $65 target, and O-I Glass (OI) to Buy with a $9 target. Teradyne (TER) was downgraded to Neutral, Ternium (TX) to Hold, Limbach (LMB) to Underweight, DoubleVerify (DV) to Neutral, and Weibo (WB) to Neutral. Nvidia (NVDA) was initiated with an Outperform rating and $340 target, Micron (MU) with Outperform and $1

Wall Street analyst research calls include upgrades for Equifax (EFX), O-I Glass (OI), Portland General Electric (POR), Taylor Devices (TAYD), and Ternium (TX), with downgrades for Bowman Consulting (BWMN), Limbach Holdings (LMB), Teradyne (TER), Frontline (FRO), and Weibo (WB). Initiations include Broadcom (AVGO), Hubbell (HUBB), Marvell Technology (MRVL), NVIDIA (NVDA), and SpaceX (SPCX). Markets saw mixed performance with tech and small-cap indices declining, while oil and crypto prices rose.

Weibo (WB) reached a new 52-week low of $7.19, down from $12 a year ago. The stock broke its previous support level of $6.26 on June 26, with no clear catalyst to halt the decline. The gradual drop may be harder to reverse.

Weibo (WB) stock rose 2.8% pre-market after reporting Q2 2026 results. Earnings per share were $0.38, beating estimates, and revenue grew 2% YoY to $453.8M. Value-added services revenue increased 19% YoY, while advertising revenue declined 1%. Cash position was $2.64B, but operating income fell YoY. Competitive pressures and margin compression remain concerns.

Reuters reports Russian authorities are considering state support for Wildberries after Ukrainian drone strikes hit at least seven warehouses, destroying about 10% of storage capacity. VTB is expected to be involved, potentially via loans, tax relief, or subsidies. Wildberries said it needs 30 days to assess damage before compensating sellers; it has introduced discounted storage fees. Wildberries has reported debt of Rbs830bn.

Reuters reports Ukraine has struck four Wildberries warehouses in the past week, expanding drone attacks on the Russian online retailer. Wildberries processes about 20 million orders daily and, with Ozon, supports jobs for about 4 million people. Forbes says co-founder Tatyana Kim is Russia’s richest woman with $7 billion net worth. The article also notes VTB’s 5% stake in WB Bank.

Weibo (NASDAQ:WB) hit a new 52-week low, trading as low as $7.73 and last at $7.7960 versus a prior close of $8.08. Weiss Ratings downgraded WB from “hold (c)” to “sell (d+)”; MarketBeat shows a $14.00 consensus target. In March, Weibo reported $0.25 EPS vs $0.32 expected and $473.26M revenue vs $444.28M.

Weibo’s Q1 2026 earnings call transcript said the company rolled out information-feed optimization in Q1, improving month-over-month engagement metrics for socially engaged users, with impacts starting in March. It reported double-digit year-over-year growth in video playback page time spent and per-capita timestamps. Weibo said it is expanding AI video creation tools and improving trending and AI search, and aims to further advance these efforts in Q2.

Weibo (Nasdaq: WB; HKEX: 9898) reported first-quarter 2026 unaudited results for the period ended March 31. Net revenues rose to $421.3m (+6% YoY). Advertising and marketing revenue increased to $369.8m (+9%); VAS fell to $51.6m (-11%). Operating income was $110.9m (26% margin) and net income attributable to shareholders was $34.7m ($0.14 diluted EPS). MAUs were 562m and DAUs 254m.

Weibo Corporation announced it will hold its annual general meeting (AGM) on May 27, 2026, at 2:30 p.m. Hong Kong time in Hong Kong. Shareholders of Class A and Class B ordinary shares recorded by April 27, 2026, Hong Kong time, are eligible to vote. Holders of American Depositary Shares (ADSs) by April 27, 2026, New York time, must provide voting instructions to JPMorgan Chase Bank, N.A.