It's not happening, but if it happens...
Discovery Inc. is massively undervalued right now (thank you Archegos Capital!).
If we factor in that Discovery+ is scaling (like Disney did) and also merging with AT&T's Warner Media (HBO Max) to create a streaming giant, probably the correct valuation is around 60$ one year from now. This number is based on my own discounted cash flow analysis, and EV/EBITDA multiples.
Free cash flow is already strong, and will start to increase even more with Discovery+ scaling.
From a technical point of view, DISCA is following a parabolic pattern, that may end up as a cup and handle pattern (but it should be unlikely, hence the title of this post). Right now we are just waiting and accumulating.
Disclaimer: this is not financial advice. I'm an amateur investor. Trade at your own risk.
If we factor in that Discovery+ is scaling (like Disney did) and also merging with AT&T's Warner Media (HBO Max) to create a streaming giant, probably the correct valuation is around 60$ one year from now. This number is based on my own discounted cash flow analysis, and EV/EBITDA multiples.
Free cash flow is already strong, and will start to increase even more with Discovery+ scaling.
From a technical point of view, DISCA is following a parabolic pattern, that may end up as a cup and handle pattern (but it should be unlikely, hence the title of this post). Right now we are just waiting and accumulating.
Disclaimer: this is not financial advice. I'm an amateur investor. Trade at your own risk.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.