Spotify Bull/Bear Case DCF Scenarios
Ahead of Spotify’s direct IPO today we provide six different DCF scenarios as well as a valuation by Mr. Aswath Damodaran. Big picture, we believe...
689 Views
Spotify IPO/Direct Listing - A Lot of Differences Versus Netflix, Nonetheless I Won't Give up Either
Spotify Technology SA (SPOT US) will start trading tomorrow via its Direct Listing. Given the untested nature of the direct listing approach, one...
514 Views
Spotify – Cautious Sales Guidance
Spotify has released its 1Q18 and FY sales and earnings guidance to the market ahead of its planned direct IPO scheduled for next week. We note a...
316 Views
Dropbox IPO Preview (Part 1)
Dropbox Inc (DBX US) is getting ready for an IPO on the NASDAQ market sometime in March/April. This is one of the most anticipated IPOs globally...
412 Views
Tencent's Ability to Monetize in Games and Entertainment Drives Forecast (And Target Price ) Higher
We have updated our forecasts for Tencent (700 HK) which feeds through to our target price valuation which moves from $401 to $547. This is a...
369 Views