- Groupon may yet again surprise the market with its Q2 21 earnings to be announced on Aug 6. We like company's profitability and reduced operating cost.
- We estimate the fair value for GRPN at $84, which suggests 128% upside to the current share price, even with very conservative growth assumptions.
- Airbnb is expected to announce its Q2 21 results on August 12. The market expects 40% q-o-q growth in sales, however, no profitability is in sight.
- We remain bearish on ABNB, due to its steep valuation and over-optimistic growth prospects.
For further details see:
Groupon Is Overlooked And Undervalued, In Stark Contrast To Airbnb