Post by
BBLacksEmotion on Jul 23, 2024 4:04pm
WIZ decide Google $23B offer for $350M Revenues isn't
attractive enough and will continue to build out rev to $1B and IPO.
The data clearly shows 65.7142 multiple on stated revenue... applying this multiple to BB
CRWD multiple based upon
Most Recent Year End Filing revenue $3,06B / 241,865 shares = 12.6516 multiple
Last Week prior to outage of 8.5M computers $96,746B market capitalization or 31.63 multiple on rev
Today CRWD $66.248B MC / year end rev outputs 21.65 multiple on rev
$56B Wiz Google multiple indicates
$10B CRWD stated year end
$26.98 CRWD 10 days ago
$18.47 CRWD today after their 8.5M user internet wipeout
$55.45
$15.766B CRWD average of the above
September and December should unleash BB share prices given revenue growth expectations, continued margin growth as reported by JJG and return to profitability after more than a decade of decline to February 2024 $853M revenue.
Using crwd avg. gives BB target MC $13.5B or $22.90 per share
Using Wiz expect a takeout target MC $56B or $94.92 per share of BB
Any way you slice it, if you believe BlackBerry are a future growth company in many segements including EV and Automous the current valuation is massively over sold leaving BB underrated with massive upside potential.
September or December should deliver a 3~5x initial move with the following Q worth another 2~8x
2025 year end profitability reporting April 1st