Boku Inc with ticker (LON:BOKU) now has a potential upside of 36.8% according to Berenberg Bank.
Berenberg Bank set a target price of 210 GBX for the company, which when compared to the Boku Inc share price of 154 GBX at opening today (07/02/2024) indicates a potential upside of 36.8%. Trading has ranged between 120 (52 week low) and 170 (52 week high) with an average of 609,920 shares exchanging hands daily. The market capitalisation at the time of writing is £458,951,695.
Boku, Inc. provides a global mobile payments network through its mobile-first platform. The principal activity of the Company and its subsidiaries is the provision of digital payments, including mobile wallets, real-time payments schemes, and direct carrier billing for global merchants. These solutions enable merchants to acquire new customers and accept online payments from billions of consumers who prefer to pay without credit cards. The Company operates through the Payments segment. Its products include mobile-first payments network and Trident. The mobile-first payments network brings credit-card-like standardization to various payment types in the world. Its mobile-first payments network enables merchants to accept mobile payments on a global scale through a single integration. Trident is a dedicated bundling platform for streaming service providers, such as VOD, music, and cloud gaming. It provides solutions for online merchants, mobile carriers, and mobile wallet providers.
Boku Inc 36.8% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
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Explore Boku Inc.’s (LON:BOKU) impressive financial results, revenue growth strategies, and future plans in an interview with CEO Stuart Neal for H1 2024.
Boku (LON: BOKU) reports a 24% revenue increase to $47.3m in H1 2024, driven by rising transaction volumes and significant growth in digital wallets and A2A payments.
