Post by
racetrk6 on Jan 08, 2021 9:28am
RobinHood pending IPO
Robinhood is aiming to go public as soon as this quarter, Bloomberg News reported in November, after trading volumes on its platform surged during the coronavirus pandemic. The company, which was valued at US$11.7 billion in a September funding round, has more than 13 million accounts on its platform.
If they are worth almost 12 billion at initial offering with 13 million accounts then how much could we be worth when they do our IPO calculation?
This stock should be at $2 now and then double when it gets the approval in the next 3 months.
Then up from there.
Comment by
geekinasuit on Jan 08, 2021 12:57pm
$1B valuation is also my hopeful estimate , which means ~$500M for ALY share in MW.
Comment by
racetrk6 on Jan 08, 2021 3:57pm
At $1B valuation , approx 500M for 49% ownership. 500M / 80M shares outstanding = $6 a share just for the investopro. That does not take into account anything else insight is doing here. So I would guess $8 - $10 by the fall. a 10x from where we are today. Anyone here think this is unrealistic?
Comment by
MisterE33 on Jan 08, 2021 4:08pm
Honestly, I think in this current market environment $8-10 is pretty reasonable if their assests are rerated to show the true value of the company. Which we expect that will happen this year. One thing I know for sure is the company is drastically undervalued and unknown to the world. The few that have been fortunate and smart enough to invest early will be rewarded with huge gains in near future
Comment by
gmills236 on Jan 08, 2021 9:03pm
$8 - $10 might be a little too optimistic for this year. I would think $ 5 or $ 6 being a little more conservative. Either way I dont have any other investment ideas that could give me that type of potential return with so little risk. Only that the licence wont be granted. Which seems very unlikely