Once Soda reports on Q4 I assume they will give us 2014 projection. the current analysts average growth projections seems out of place. Do we really think 2014 growth rate will drop in the 18% range for revenue. Especially where Soda continues to hint they will be at a $billion rate before 2016. You would think the analysts would adjust Q12014 avg. projection of 19.9% for revenue growth. Using Yahoo numbers. What data are the analysts using to justify this reduction.
It's the law of big numbers. It's much harder to grow a big base.
SODA is already seeing decelerating revenue % growth this year. SODA grew revenue 51% last year and they're projecting 30% revenue growth this year.
That being said...do the math. If SODA achieves this year's revenue projection of $567.2 and they grow revenue just 18% in 2014, 2015, and 2016 they will have revenue at the end of 2016 of $931.9. Not quite a billion but if they add an extra percent or two of growth any of those years they'll get there.
I hear you. But didn't the company say they were on a path to achieve this earlier than 2016. I know this is all trivia since people cannot project 1qtr out but just trying to get this straight in my mind. thanks