Rakuten operates under Internet Retail classification in the United States and is traded on OTC Exchange. It employs 28261 people. Rakuten's stock price is the clearest measure of market expectations about its performance.
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Where can I buy Rakuten Group stock?
Shares of RKUNY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Rakuten Group's stock price today?
What is the business model of Rakuten?
Rakuten Group Inc. Rakuten Group, Inc. engages in the business of Internet services. It operates through the following segments: Internet Services, FinTech, and Mobile. The Internet Services segment manages e-commerce (EC), online cash-back, travel booking, and portal and digital content sites.
What are OTC stocks and how do they work?
Cheap stocks that trade outside a securities exchange are known as OTC stocks. They tend to be highly speculative, especially penny stocks. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm
What is Bank of America doing with Rakuten?
Bank of America has operations in several countries. Rakuten has reached a milestone in the quest to make affiliate and Cash Back marketing more flexible, strategic and efficient channels for driving revenue from new and existing customers.
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Is Rakuten a good stock buy?
The 14 analysts offering 12-month price forecasts for Rakuten Group Inc have a median target of 8.52, with a high estimate of 20.92 and a low estimate of 6.06. The median estimate represents a +80.13% increase from the last price of 4.73.
When did Rakuten go public?
April 2000April 2000. Rakuten goes public through an IPO on the OTC market (currently TSE JASDAQ market).
Where can I find OTC stocks?
The easiest way to buy OTC stocks is to set up an account with an online brokerage that supports trading of them. However, not all online brokerages offer them. Some brokerages that do include Fidelity, TD Ameritrade, Charles Schwab, and Interactive Brokerages.
Is Rakuten undervalued?
Rakuten is a large conglomerate of e-commerce, financial, telecom, and consumer service dominating the Japanese online economy. The telecom segment has been a major cash drain and spooked investors out. This has led investors to ignore the strong growth and business quality and left the company widely undervalued.
Is Rakuten owned by Amazon?
Amazon is no longer affiliated with Rakuten and does not sponsor or endorse Rakuten services.
Who is Rakuten owned by?
Hiroshi MikitaniHiroshi Mikitani is founder and CEO of Rakuten, Japan's biggest e-commerce retailer.
Is it safe to buy OTC stocks?
For regular investors, the only safe way to buy (or sell) OTC stocks is through a reputable broker-dealer using a major online platforms like OTC Markets. They actually operate like "discount" stock exchanges, imposing some rules and oversight and, in OTC Markets' case, classifying stocks into tiers.
How do you know if a stock is an OTC?
OTC stocks are not listed on national securities exchanges, such as the New York Stock Exchange (NYSE) or Nasdaq, which is why they are called unlisted. OTC stocks typically have lower share prices than those of exchange-listed companies.
Do OTC stocks ever go to Nasdaq?
Depending on the circumstances, the stock symbol may change. A stock that moves from the OTC to Nasdaq often keeps its symbol—both allowing up to five letters. A stock that moves to the NYSE often must change its symbol, due to NYSE regulations that limit stock symbols to three letters.
Should I buy or sell Rakuten Group stock right now?
1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rakuten Group in the last twelve months. There are currently 1 ho...
How has Rakuten Group's stock price performed in 2022?
Rakuten Group's stock was trading at $10.00 at the start of the year. Since then, RKUNY shares have decreased by 47.2% and is now trading at $5.28....
Are investors shorting Rakuten Group?
Rakuten Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 7,000 shares, an increase of...
How were Rakuten Group's earnings last quarter?
Rakuten Group, Inc. (OTCMKTS:RKUNY) posted its quarterly earnings data on Thursday, May, 13th. The company reported ($0.17) EPS for the quarter, to...
Is Rakuten Group a good dividend stock?
Rakuten Group(OTCMKTS:RKUNY) pays an annual dividend of $0.03 per share and currently has a dividend yield of 0.57%.
Who are Rakuten Group's key executives?
Rakuten Group's management team includes the following people: Mr. Masayuki Hosaka , Exec. Vice Chairman & Pres of Rakuten Card Co., Ltd. (Age 6...
Who are some of Rakuten Group's key competitors?
Some companies that are related to Rakuten Group include Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MURGY) , Constel...
What is Rakuten Group's stock symbol?
Rakuten Group trades on the OTCMKTS under the ticker symbol "RKUNY."
How do I buy shares of Rakuten Group?
Shares of RKUNY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBu...
Rakuten Valuation Ratios as Compared to Competition
Comparative valuation techniques use various fundamental indicators to help in determining Rakuten's current stock value. Our valuation model uses many indicators to compare Rakuten value to that of its competitors to determine the firm's financial worth.
About Rakuten Valuation
The equity valuation mechanism determines the current worth of Rakuten Group on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Rakuten Group.
Rakuten Dividends Analysis For Valuation
Please note that Rakuten has scaled down on payment of dividends at this time.
Rakuten Valuation Growth Rates
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up.
Complementary Tools for Rakuten OTC Stock analysis
When running Rakuten Group price analysis, check to measure Rakuten's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rakuten is operating at the current time.
What is Rakuten selling?
Japanese e-commerce giant Rakuten (OTC: RKUNY) is selling $2.2 billion-worth of new stock to aid it in its fight against Amazon (NASDAQ: AMZN). Rakuten announced it was selling shares primarily to postal and logistics company Japan Post, as well as Chinese technologist-turned-investor Tencent Holdings (OTC: TCEHY) and Walmart (NYSE: WMT). In addition to taking about an 8.3% stake in Rakuten via the new share issuance, Japan Post is partnering with Rakuten on things like new logistics centers, delivery and pick-up systems, and digital payments.
How much did Rakuten stock jump?
Rakuten shares jump 24% on Japan Post, Tencent backing. Rakuten Inc's shares jumped as much as 24% on Monday after the Japanese e-commerce firm said it would raise $2.2 billion through a stake sale to companies including Japan Post and Tencent as it takes on Amazon.
What is Rakuten Mobile using?
Rakuten Mobile said on Friday that it plans to use new routing technologies from network gear maker Cisco to expand its capacity to support business customers with 5G and so-called Internet of Things (IoT) services. The Japanese firm has become the first mobile operator to deploy a network based on Open Radio Access Network (RAN) technology that uses software to run network functions on the cloud, reducing the requirement for physical equipment. Rakuten, with 4 million subscribers, will use the new technology to make the entire network more automated to deploy services faster, reduce latency and lower power consumption.
Does Rakuten use Cisco?
Japan's Rakuten to use Cisco routing tech for 5G, IoT services. Rakuten Mobile said on Friday that it plans to use new routing technologies from network gear maker Cisco to expand its capacity to support business customers with 5G and so-called Internet of Things (IoT) services.
What is Rakuten's business?
Rakuten is a massive conglomerate that has various Japanese subsidiaries over different sectors. This company operates in finance, e-commerce, internet services, transport as a service, to name a few. As a whole, Rakuten is a well-diversified conglomerate that covers Japan and has room for international expansion. You see, RKUNY has stakes in transport as a service, 5G, e-commerce, fintech, investment banking, brokerages, and even credit cards. Suffice it to say Rakuten is a sprawling conglomerate with many tentacles all over Japan.
What is the most exciting part of Rakuten?
Probably the most exciting part of Rakuten's business is that segments tend to complement each other. For example, the fintech segment complements the e-commerce segment. Clients can purchase items and pay with their credit cards, all within Rakuten's services. Also, RKUNY’s upcoming mobile network will further strengthen its user base and establish it as the leading internet services company in Japan.
What is Rakuten's business?
Rakuten, Inc. engages in the internet services business. Its operating segments consist of Internet Services, FinTech and Others. Internet Services segment manages e-commerce, online cash-back, travel booking, and portal and digital content sites. FinTech segment provides services over the internet related to banking and securities, credit cards, life insurance and electronic money. Others segment includes the provision of messaging and communication services and management of a Japanese professional baseball team. Rakuten, Inc. is headquartered in Tokyo, Japan.
What is a strong weekly advance?
A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. Others will look for a pullback on the week as a good entry point, assuming the longer-term price changes (4 week, 12 weeks, etc.) are strong.
Investment thesis
We believe Rakuten Group ( OTCPK:RKUNY) has a 12 to 16 month window to ramp customer acquisitions for its Rakuten Mobile Platform business to generate operating profits by FY22/2023. However, credit risk is high which may harm prospects to become certified by telco customers. We reiterate our bearish stance.
Our objectives
Results for Q2 FY20/2021 highlighted continued heavy cash burn (JPY333 billion/$3.0 billion) as the company continues to invest on the Rakuten Mobile Platform - the Open RAN network technology for cloud-based mobile network infrastructure.
Valuation
With no earnings and no free cash flow, investors receive a dividend yield of 0.4%. The yield is not attractive in itself.
Risks
Upside risk comes from a series of major mandate wins for the Rakuten Mobile Platform in the next 12 to 16 months, underlining the company's assumption that its loss-making status is temporary.
Conclusion
Rakuten winning 1&1 as a customer demonstrates that there is some demand for its technology. However, the size of the deal and the long contract duration proves beyond doubt that scale is required in order for it to be a viable business. With a 12- to 16-month window, we are not confident that Rakuten can execute.
What is OTC stock?
What Are Over-the-Counter (OTC) Stocks? Over-the-counter (OTC) stocks are also known as unlisted stocks. Typically offered by small companies, they are traded through market makers, rather than through stock exchanges like the New York Stock Exchange or Nasdaq. As a result, OTC stocks generally have a lower volume of trade than exchange-listed ...
Why do companies sell OTC shares?
So selling shares OTC allows them to raise capital and sell shares without meeting those standards. Not all OTC companies are small, however. Some large companies trade on the OTC market because they choose to avoid traditional exchanges’ requirements, which may include filing extensive financial reports.
What are OTC securities?
Other OTC Securities. OTC trades may include other kinds of securities besides stocks. Corporate and government bonds, derivatives , and other securities also trade on OTC markets. OTC platforms are also a place to trade American Depository Receipts (ADRs). These are certificates representing shares of foreign companies.
What are the OTC markets?
Many of the investors trading on the OTC markets are large institutions such as mutual fund companies. However, individual investors also own many of the low-priced OTC penny stocks. The OTC markets serve important purposes for trading bonds, ADRs, derivatives and shares of smaller companies.
Why are penny stocks called pink sheets?
Shares traded on both of these platforms are often called “pink sheets” because the color of paper on which quotes of share prices were published years ago. The paper is gone, but low-priced penny stocks are still traded as “pink sheets.”.
Why is it so hard to know what you are buying?
The lack of transparency can make it hard for investors to know what they are buying. Without any reporting requirements, investors can fall victim to fraudulent investment schemes. Securities traded on the OTC markets may be inherently more risky. Smaller companies tend to be less capitalized.
Do brokers have fees for OTC stocks?
Brokers may have different, often lower, fees when trading OTC stocks. Trades may also take somewhat longer than with exchange-listed shares. However, there are significant differences when investing in OTC shares. Those shares require more research and due diligence than trading exchange-listed shares.