Year 2010 is the first year LinkedIn was profitable. was the lead underwriter for the IPO together with Merrill Lynch, Allen & Company and UBS Securities.
LinkedIn revealed previously that its “proposed maximum aggregate offering price” - the amount it is hoping to raise - is $175 million. Morgan Stanley & Co. economy struggles to rebound from the recession. and Groupon Inc.The outsize demand for the stock of an Internet company that is growing rapidly but had a profit of $15.4 million last year is the latest sign of the surge-some say bubble-in Web valuations even as the broader U.S. On last Thursday (19th May 2011), LinkedIn’s shares more than doubled in their first day of trading, setting the stage for debuts from other Internet companies such as Facebook Inc. You can follow him on Twitter and follow Money Morning on Facebook. Jack Delaney is an associate editor for Money Morning.
Barton believes Facebook stock's rally is far from over. In fact, our Technical Trading Specialist D.R. Here at Money Morning, Facebook at Work is only one of the reasons we are bullish on FB stock. With over 1.59 billion monthly active users (MAUs), there will not be a huge learning curve. While Facebook may be viewed as a personal social platform, that is actually one of its biggest advantages. Businesses that want analytics, integrations with current software, and more customer service options will pay "a few dollars per month, per user," according to Codorniou.
#Linkedin stock forecast free#
"Email is an inherently top-down method of communication meant for broadcasting information as opposed to exchanging it," Codorniou stated.įacebook at Work will operate as a free model. Julien Codorniou, director of global platform partnerships for Facebook at Work, believes that the traditional communication modes businesses use, like email, actually limit productivity. Over 60,000 companies applied to work with the social media giant, but Facebook ended up working with just 300 companies.įacebook's goal is to make collaboration much easier between employees, and it is focusing on improving real-time interaction. Since July 2015, Facebook has been beta testing a business version of its social networking services, according to The Wall Street Journal. LinkedIn mentioned in its Q4 earnings report that it had increased competition abroad.īut it also has huge competition in the United States with Facebook Inc. Let the LinkedIn Stock Price Fall, Buy Facebook Instead You see, one of LinkedIn's competitors is offering one of the best long-term investments on the market. LNKD stock is down 15.05% in that time.īut while investors are panicking, Money Morning has identified a way to make money in the social media space even as the LNKD stock price crashes. The Dow Jones Industrial Average and S&P 500 are down 5.79% and 6.29%, in the last 12 months, respectively, but LinkedIn is still underperforming the market as a whole. And CFO Steve Sordello said the bleak guidance reflects pressure from international markets and global economic conditions. In Q3 2015, 55% of all traffic came from mobile devices.ĭespite those growth figures, the low guidance is the biggest story from the earnings report. The company also placed a big emphasis on growing the mobile experience, and it now says 57% of all traffic comes from mobile.
LinkedIn reported a 4.5% user growth total from Q3 2015, now stating it has 414 million users. Analysts had expected $0.78 on $858 million in revenue, according to a consensus estimate from Thomson Reuters. LinkedIn reported $0.94 on $862 million in revenue.
#Linkedin stock forecast professional#
I'll talk about that shortly, but first, here's more information about LinkedIn's Q4 2015 earnings report.įor Q4 2015, the professional networking site actually beat expectations. But instead of panicking, there's actually a better opportunity for investors to make money in the social media space. That's why Wall Street is panicking and LinkedIn stock is down 34% this morning. (NYSE: LNKD) revised its earnings per share (EPS) estimates today to $0.55 on $820 million in revenue for Q1, while Wall Street had previously expected $0.75 on $868.3 million in revenue. It's true, the LinkedIn stock price is plummeting 34% today (Friday) after the company announced weak guidance for Q1 2016.