Post by
Form001 on Nov 04, 2021 3:08pm
Need new analysts targets
Revenue down in 2022, main reason for this downwave.
Comment by
Form001 on Nov 04, 2021 3:24pm
For the next 6 months, no growth concerning revenue, habitually, with no growth, a stock can drop to 1 time sale plus cash, that means a market cap of 1.8B US.
Comment by
equityresearch on Nov 05, 2021 12:08am
Updated analyst price targets should still be significantly above current prices. The growth story is alive and well. The company should turn the corner on earnings and profitability in the coming year. High-growth companies tend to report quarterly losses in the early stages as they invest to grow the business.