Is Groupon stock a buy?
Groupon has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.
What is the future of Groupon stock?
Groupon Inc (NASDAQ:GRPN) The 5 analysts offering 12-month price forecasts for Groupon Inc have a median target of 15.00, with a high estimate of 23.00 and a low estimate of 12.00. The median estimate represents a +0.87% increase from the last price of 14.87.
Why did Groupon drop today?
Groupon forecast cut sends stock plunging Groupon Inc.'s stock fell 17% to $13.05 in after-hours trading Monday after the company reported a quarterly loss and revised annual financial projections, saying it expects a more muted recovery.
Why Groupon stock down?
Shares of Groupon (GRPN 0.58%), which bills itself as an experiences marketplace, fell over 9% at the open of trading on March 1. The big news driving the decline was the company's fourth-quarter 2021 earnings release, which hit the market after the close on Feb. 28.
Is Groupon a dying company?
Despite the severe headwinds created by the global pandemic, Groupon's business has stabilized. Recent, large decline in revenue is largely attributable to a change in revenue recognition accounting.
Will Groupon shares go up?
If you are looking for stocks with good return, Groupon Inc can be a profitable investment option. Groupon Inc quote is equal to 15.560 USD at 2022-05-30. Based on our forecasts, a long-term increase is expected, the "GRPN" stock price prognosis for 2027-05-21 is 60.421 USD.
How is Groupon doing financially?
31, 2018, Groupon reported $5.2 billion in gross billings and $2.6 billion in revenue. According to its 2018 annual report, revenue was down from $2.8 billion the prior year. The company reported an active customer base of 48.2 million as of Dec. 31, 2018, down from 49.5 million the year before.
Who bought Groupon?
Groupon co-founder Eric Lefkofsky bought almost $5.4 million worth of stock in the Chicago-based deals company last week. The purchase, which amounted to 250,000 shares, follows a rough first half of the year for Groupon. In recent months, the company has laid off about 44% of its employees.
Is Groupon reliable?
Groupon is definitely a legit company. It was founded in 2008, and since then, has grown to serve almost 50 million active users. Very few people have issues using these online coupons due to the fact that as soon as a fraudulent offer is revealed by one user, it would be removed instantly.
Who is CEO of Groupon?
Kedar Deshpande (Dec 10, 2021–)Groupon / CEO
Is Groupon publicly traded?
Initial public offering On June 2, 2011, Groupon filed to go public under the ticker symbol GRPN. The company went public on November 4, 2011. It was the biggest IPO by an Internet company since Google in 2004.
What is Groupon and how does it work?
Groupon is a website and mobile app that offers coupons, cashback on purchases and group deals to consumers. Restaurants, retailers, and manufacturers use Groupon deals in an effort to lure customers into their establishments or to purchase their products.