FMP
Sep 24, 2021 10:41 PM - Davit Kirakosyan
Analysts at Oppenheimer increased their price target on DigitalOcean Holdings, Inc. (NYSE:DOCN) to $100 from $70 on accelerating key metrics, mentioning the following main points:
(1) Accelerating metrics such as retention and ARPU,
(2) valuation and capex spending trends versus competitors,
(3) short-term catalyst of the lock-up expiration,
(4) competitive moat around the SMB- focused niche that DOCN has carved out,
(5) ability for the company to balance growth and profitability over the long-term.
The brokerage increased its FY22/FY23 revenue/EBITDA estimates and believes these are conservative and revenue growth could accelerate to over 40% within 2–3 years.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...