Morgan Stanley's Latest Alibaba Estimates Suggest It's Worth $66 - 128 Billion
Sentiment: Strong Buy
Can't argue with the facts. Yahoo shorts and bashers are silent...
Assuming they do $2 billion in EBITDA this year on improved performance in the core business and cost cuts and using the AOL (AOL) multiple of 6x EBITDA, the Yahoo “core” is worth $12 billion.
Said another way, that’s another $11 / share in value that should be reflected in Yahoo’s stock price.
Yahoo’s price target for the year should be $32 / share – not $21 / share.
And it could be more if there were increased partnerships with Facebook, Google (GOOG), and/or Apple (AAPL)
The IPO will be for $100 billion.
I agree. $100 billion minimum.