News Formal

Here's why one analyst thinks YouTube could be worth $300 billion as a standalone company, making it more valuable than AT&T, Exxon Mobil, and Bank of America

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Needham & Company analyst Laura Martin says owner Alphabet should spin off all or part of Youtube and estimates its revenue at $30 billion this year.

Alphabet-owned YouTube could be worth as much as $300 billion if it were a standalone company, according to Needham & Company analyst Laura Martin. That figure would make the video-sharing platform the 15th largest company in the world by market capitalization ahead of Exxon Mobil, Bank of America, and AT&T. Martin's valuation for YouTube is based on estimated 2019 revenue of $30 billion and a 10-times enterprise-value-to-revenue multiple.

Alphabet-owned YouTube could be worth as much as $300 billion if it were a standalone company, according to Needham & Company analyst Laura Martin. That figure would make the video-sharing platform the 15th largest company in the world by market capitalization ahead of Exxon Mobil, Bank of America, and AT&T. Martin's valuation for YouTube is based on estimated 2019 revenue of $30 billion and a 10-times enterprise-value-to-revenue multiple.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AT&T Sells Central European Media Enterprises For $1.1 Billion To Czech Investment Firm To Pay Down DebtAT&T has agreed to sell its majority stake of Central European Media Enterprises (CME) for $1.1 billion to the Czech investment firm PPF Group N.V. The company has broadcast operations in Bulga… I will never understand why a company who is actively working really hard to pay down debt is starting a streaming service. Streaming services literally are debt for ages...
Source: DEADLINE - 🏆 109. / 63 Read more »

Here's what every major analyst thinks about Alphabet's earnings missMajor Wall Street analysts were sticking by Alphabet's stock after the company reported solid but unspectacular earnings on Monday after the bell.
Source: CNBC - 🏆 12. / 72 Read more »

5 reasons retirement is a great time to start a businessIt’s the ideal time to launch a part-time venture. Here’s why.
Source: MarketWatch - 🏆 3. / 97 Read more »