All around the mulberry bush... The monkey cha
Post# of 32635
The monkey chased the weasel
Verb Technology stock price target cut to $3 from $4 at Alliance Global - 7:10 a.m. April 1, 2022
01/25/22 - Verb streaming video platform launch is imminent, says Alliance Global Alliance Global Partners analyst Brian Kinstlinger reiterates a Buy rating on Verb Technology with a $4 price target.
Verb Technology stock price target raised to $5 from $4 at Ascendiant Capital -
6:00 a.m. Aug. 23, 2021
Verb Technology stock price target raised to $4.00 from $2.75 at Alliance Global 7:22 a.m. July 23, 2021
The 'analysts' put out these price targets which I don't think they have a lot of data points so even 1 changes it 3 times in 9 months.
Then the market 'reacts' to these 'analysts' who are 'guessing' as they don't even know the price of Verb products, deal sizes, adoption, penetration, ARPU, etc. This is why I said it's important Verb starts communicating because if you 'don't know' then why even build a product?
Then after each earnings announcement, the market reacts because Verb didn't hit their 'made up targets'.
Well actually they did this time. But the 'market' was hell bent on going to a predetermined spot regardless.
https://investorshangout.com/images/MYImages/...rnings.jpg
Keep in mind right now Verb's market cap is $56M. It would cost you a pretty significant multiple times that just to develop the software and get 150 enterprise customers.
How do I know? Just look at what other startups are raising
An examples:
Aug 16 (Reuters) - Software maker Seismic said on Monday it has raised $170 million in fresh capital at a $3 billion valuation and will use part of the funds for the acquisition of Lessonly, a venture capital-backed online sales coaching platform.
Jan 13, 2022 — Highspot, a company leveraging AI to power sales enablement processes and workflows, has raised $248 million in venture capital.
Sales enablement startup Highspot raises $248M at $3.5B
Jan 13, 2022 — Sales software maker Highspot Inc. today said that it has raised a $248 million funding round after growing revenues nearly tenfold over the last threeOh the dilution!!!
This is just sales enablement vendors. Go look at shoppable streaming vendors
Verb keeps increasing their revenues and everything will take care of itself