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 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
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