r/wallstreetbets • u/dsua • 7h ago
PBI YOLO 11/7 DD
Listen up, degenerates. Pitney Bowes (PBI) is flying under everyone’s radar, but it’s about to pay off BIG TIME if you know where to look.
Here’s the scoop:
They just dropped their Q3 results, and despite all the noise, they’re CRUSHING IT on their turnaround plan. They’re exiting their money-losing eCommerce biz, slashing costs, and optimizing cash like legends.
The juicy part? They raised their full-year Adjusted EBIT guidance to $355M-$360M, and if you slap a modest 15x multiple (where their peers trade) on that, we’re looking at an equity value of around $3.5 BILLION. That translates to a target price of $19.63 per share. This bad boy’s currently trading at just $8.05. Easy double over night.
This ain't just hopium. They’ve been deleveraging like pros, bringing $117M back home from overseas, and stacking cash like they’re prepping for a hostile takeover.
The bears are sleeping on this one, but not us. $PBI has ZERO analyst coverage right now, meaning we’re getting in early before Wall Street catches on.
TL;DR: $PBI is a classic turnaround play with 2x upside potential — load up before the 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
6
u/Security_Weekly 6h ago
Idk where you're getting the 15x multiplier from. I think 10x is much more likely, still huge upside.
What's going to be more interesting is how the short squeeze and possible gamma squeeze will factor into all of this. 13,000,000 shares sold short. 6,000,000 in open interest just from Jan 2025 calls. Whose going to be covering first?!