Price target 92$
DD
Very Bullish given the current market environment. I expect an earnings beat, increased users, and positive guidance. The headwinds I see are Ad revenue, debt rating, and debt servicing.
"On March 30, Tinder received the highest number of swipes ever recorded worldwide at 3 billion."
- www.corvallisadvocat...ld-of-online-dating/
DR. FAUCI SAYS YOU CAN MEET A TINDER DATE 'IF YOU'RE WILLING TO TAKE A RISK'
- www.newsweek.com/dr-...ng-take-risk-1498317
Debt issues
- www.moodys.com/credi...dit-rating-824688916
August 2019 Earnings driven by Tinders success
- www.cnbc.com/2019/08...der-subscribers.html
*not investment advice and trade at own risk. best of luck
DD
Very Bullish given the current market environment. I expect an earnings beat, increased users, and positive guidance. The headwinds I see are Ad revenue, debt rating, and debt servicing.
"On March 30, Tinder received the highest number of swipes ever recorded worldwide at 3 billion."
- www.corvallisadvocat...ld-of-online-dating/
DR. FAUCI SAYS YOU CAN MEET A TINDER DATE 'IF YOU'RE WILLING TO TAKE A RISK'
- www.newsweek.com/dr-...ng-take-risk-1498317
Debt issues
- www.moodys.com/credi...dit-rating-824688916
August 2019 Earnings driven by Tinders success
- www.cnbc.com/2019/08...der-subscribers.html
*not investment advice and trade at own risk. best of luck
Comment:
Q1 might not be the catalyst I am hoping for. the period ends March 31 and Quarantine had just started. Will be hedging position, but still bullish