In my opinion, he's been very accurate - just review the other ideas he's posted on this website. For instance MamaMancini’s Stock is Oversold; What The Market Overlooked
for ticker $MMMB which is now trading at more than double the stock price from when this was posted. $.46 cents then to now $1.21.
Keep in mind Paolo's BarFresh Food Group estimates completely discount further growth in national accounts and intentionally low-balls revenue per location.
Paolo concludes his evaluation with:
"By the end of 2021, I conservatively estimate that Barfresh will be generating an annual earnings run rate of ~$21 million on the back of $67.5 million revenues, selling products to 3,000 schools out of 98,000, and 200 military bases out of 940. I see at least 400% upside between now and 2021 on only a mere 15X earnings multiple. This valuation would propel BRFH from a micro-cap to a small-cap stock, which would increase the stock’s visibility as it appears on more investors’ radars, which could potentially drive multiple expansion. Even after 2021, Barfresh would still be far from a mature company, so while this article only considers what could conservatively happen in the next 3 years, the growth story has much more track to run beyond 2021."
For those of you who missed this article, you can read it here: Barfresh Food Group: A Growth Investment Idea for Long-Term Micro Cap Investors