Veteran Wall Street Analyst Predicts Ripple’s Potential IPO Valuation
Linda Jones, a seasoned analyst from Wall Street, has provided a detailed scenario in which Ripple could establish a new record for IPO valuation. During an interview with Digital Perspectives, Jones shared her insights on Ripple’s future prospects, focusing particularly on the value of its pre-IPO shares.
Pre-IPO Shares Could Experience a 2000% Increase
Jones began her analysis by referring to the current valuation of pre-IPO shares on Linqto, a private investing platform. She highlighted that Ripple’s stock is currently valued at $34 per share, resulting in a total valuation of $5.7 billion. However, this figure is significantly lower than the company’s previous buyback valuation of $15 billion.
The key aspect of Jones’ analysis revolves around Ripple’s substantial holdings in XRP. With 42 billion XRP held in escrow and each XRP priced at $0.50, the total value of XRP amounts to approximately $21 billion. This figure is four times higher than Ripple’s current valuation, suggesting a potential undervaluation.
Comparisons to Coinbase and Potential Record-Breaking Valuation
Jones drew comparisons to Coinbase’s successful IPO and its subsequent valuation of $86 billion. She suggested that Ripple could achieve a similar feat by combining its potential valuation with its XRP holdings. According to her projections, Ripple could have an aggregate worth of around $107 billion, which is 20 times the current selling price of pre-IPO shares on Linqto.
Ripple’s Potential and Ongoing Legal Battle
Jones emphasized the resolution of Ripple’s legal battle with the SEC as a significant factor in her analysis. If XRP were to return to its previous all-time high of $3.59, Ripple’s escrowed XRP would be valued at an astounding $150 billion. This valuation would make it illogical for Ripple’s stock to be worth less than its XRP holdings.
Considering Ripple’s assets and market impact, Jones suggested that the company could reach a valuation comparable to tech giants like Nvidia, Apple, and Amazon. Although Ripple has a shorter history, Jones recognized its potential for growth.
An Optimistic Prediction for Ripple’s IPO Valuation
Jones concluded her analysis on an optimistic note, acknowledging the speculative nature of her predictions. She expressed her belief that Ripple could set a new record for IPO valuation, estimating the potential stock value at $350 billion or even half a trillion dollars when considering its XRP holdings and market position.
Hot Take: Ripple’s Potential IPO Valuation Could Break Records
According to veteran Wall Street analyst Linda Jones, Ripple has the potential to achieve an unprecedented IPO valuation. Jones highlighted the undervaluation of Ripple’s pre-IPO shares compared to its XRP holdings and drew comparisons to successful companies like Coinbase. With the resolution of its legal battle and market impact, Jones speculated that Ripple could reach a valuation similar to technology giants. While her predictions are speculative, Jones believes that Ripple could set a new record in IPO valuation, potentially exceeding $350 billion or even half a trillion dollars.
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