6:09 PM Hillsdale's Rory Maher goes contrarian on LinkedIn (LNKD), cutting shares to Hold even as they bask in the glow of a 54% YTD gain. In addition to criticizing LinkedIn's valuation - shares trade at 85x 2014E EPS - Maher predicts rev. growth will fall to 14% in 2014 (that's far below a 39% consensus) from 58% in 2013. He does, however, predict new features will yield better user data, which will allow LinkedIn to raise Hiring Solutions prices. Merrill has raised its PT to $190, citing mobile traction, strong comScore data, and the success of Sales Navigator. Read comments
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LNKD price at time of publication: $176.86. Check LNKD price now »
Focus Articles on LNKD
- LinkedIn (2013) Vs. Amazon (1999) by Vegas Ben
- Revised LinkedIn's Fair Value To $90 On Impressive Growth But Risks Remain by Trefis
- Is LinkedIn Really Overvalued? by Adam Alvarez
Press Releases on LNKD
- LinkedIn Announces Fourth Quarter and Full Year 2012 Financial Results (GlobeNewswire)
- LinkedIn Announces Webcast of Fourth Quarter & Fiscal Year 2012 Financial Results (GlobeNewswire)
- Listen Up Employers: Most Professionals Don't Want a New Job; They Want to Learn New Skills in the New Year (GlobeNewswire)
Related Articles on LNKD
- How To Trade A Strong Employment Report by BubbleBustInvesting
- Google Still Offers Reasonable Value But Only For Long-Term Investors by Tim Travis
- Facebook Worth $35 by Ryan Perlowin
StockTalk on LNKD: LNKD StockTalk | Twitter LNKD | Twitter $LNKD | LNKD Instablogs
Recent Market Alerts on LNKD: All currents | Earnings | Dividends | M&A | On the move
Transcripts on LNKD
- Linkedin's CEO Discusses Q4 2012 Results - Earnings Call Transcript
- LinkedIn's CEO Discusses Q3 2012 Results - Earnings Call Transcript
- LinkedIn's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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