Groupon Stock Price, News & Analysis

Groupon (NASDAQ: GRPN) has announced its first quarter earnings and revealed plans to expand its local marketplace while introducing a new beauty and wellness marketplace. The company aims to enhance its core offerings and attract more consumers to its platform. The earnings materials can be accessed on Groupon’s Investor Relations site. This strategic move is expected to strengthen Groupon's market position by providing diverse experiences to customers and supporting local businesses.

Groupon, Inc. (NASDAQ: GRPN) has announced that it will release its first quarter 2022 financial results on May 9, 2022, after market close. The company will host a conference call at 5:30 PM ET to discuss the results. Interested parties can access a live webcast on investor.groupon.com, with a replay available afterward.

Groupon focuses on connecting consumers with local businesses, offering a marketplace for diverse experiences and great values.

Groupon (NASDAQ:GRPN) reported a 32% year-over-year growth in local billings for Q4 2021, demonstrating resilience despite challenges posed by the Omicron variant. This performance highlights the company’s ongoing ability to connect consumers with local businesses effectively. The financial results, including full-year metrics, are available on Groupon’s Investor Relations site.

Groupon has launched the Groupon Student Success Initiative in partnership with Chicago State University (CSU) to promote educational access and diversity. Beginning in the 2022-23 academic year, Groupon will provide five scholarships that cover all tuition and fees for selected CSU students, who will also receive mentorship from Groupon employees. Participants will gain priority for internship opportunities in their junior and senior years. This initiative aims to address racial disparities in education and build a diverse talent pipeline for Groupon.

Groupon (NASDAQ: GRPN) will release its fourth quarter and full year 2021 financial results after market close on February 28, 2022. A conference call is scheduled for March 1, 2022, at 10:00 AM ET to discuss the results. The call can be accessed live via a webcast on investor.groupon.com, with a replay available post-event. Groupon operates as an experiences marketplace, connecting consumers with local businesses to provide an array of value-driven experiences.

On February 2, 2022, Prescience Point Capital Management updated its price target for Groupon (GRPN) following the company’s disclosure of a 2.4% ownership stake in European payments firm SumUp. This investment, valued at approximately $15 per share, represents over half of Groupon's market capitalization. The report emphasizes that Groupon is undervalued and may experience significant price increases based on upcoming catalysts such as analyst upgrades and reduced short-selling pressure.

On January 31, 2022, Prescience Point Capital Management updated its price target for Groupon, Inc. (GRPN) to $88.17 per share, emphasizing the overlooked value of Groupon's stake in European payments company SumUp. The firm estimates this stake could surpass $1 billion, significantly more than Groupon's current market cap, indicating substantial hidden value. Positive catalysts are expected from Groupon's potential disclosures regarding SumUp, which could drive share prices higher, despite a recent 20% increase since SumUp's funding news.

Groupon has launched a unique sweepstakes in collaboration with Rob Gronkowski, giving fans the chance to win an extravagant Big Game party experience at Gronk's home in Foxborough, Massachusetts, on February 13, 2022. The entry period runs from January 24 to February 2, 2022, with additional prizes including trips to Las Vegas and Cancun, concert experiences, and more available until February 13. The total value of the grand prize is approximately $40,000, while the bonus prizes are valued at around $22,881. Participants can enter via the Groupon mobile app.

Prescience Point Capital Management announced a detailed analysis of Groupon (GRPN), asserting its shares are significantly undervalued with a projected price target of $63 to $98, suggesting a potential upside of 172.3% to 326.1% from the current price of $23.20. The report emphasizes Groupon's overlooked investment in SumUp, worth approximately $268 million, which constitutes nearly 40% of the company's enterprise value. The analysis also highlights Groupon's stabilizing core business and the impact of a recent change in revenue recognition.