It's really wide open.. Twitter has grown over 30% in revenue for the first three quarters against all of FY12, so Q4 may show about 45-50% growth, maybe 520-550M revenue?
Earnings are expected to be negative, but that's okay for a startup IPO that's actually showing growth.
For fy12 they were high 70M in the hole, and for the first three quarters of fy13 they're 130M neg already.
Given that, P/E is negative, but the revenue ratio is looking to be 14.2B:520M (with my guesstimate fy13 earnings) of 22:1 @$26 give or take.
That's a very high valuation looking at fundamentals, however it's tech, it's IPO, it's also a significant bull market right now: people are hungry for risk.
I would be okay with $2-3 pop, but we could see more or even a straight drop from opening... It's so indeterminate right now.
I honestly believe there's enough interest to get at least 5-10% if not more.
FEATURED ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM