Aug. 13 at 6:57 PM
$ZEPP Market Cap is 100 times smaller than
$GRMN . However, last quarter revenue is 30 times smaller, 1.8B (record) Vs 60M.
Considering the quarter revenue, Zepp stock price should be around
$120 (Around, 1.7B market cap).
I have own both watches and there is no justification for the price difference between them, 3-4 times more expensive when comparing the same segment.
Zepp is growing in all the regions because it is impossible not gaining customers with such a good product for the price. Their watches get better every year not only the new ones due the hardware but also the old ones due to the SW upgrades.
I estimate that in 5 years Zepp will generate 1B per year again as they did in 2020. This means 4-5 times more per quarter than now. Their stock should be at that moment 10B (x20).
Anyway by the end of this year with the stock should be at least at
$80.
NFA
