We expect Kahoot’s upcoming trading update to be a positive event, and see limited risk for its Q2 guidance. The company is well positioned to enter the next growth phase, in our view, from getting paid per “hosts” to also monetize the users – and we see multiple other potential catalysts. Over time, Kahoot could become a “YouTube for education”, a place to visit for education/learning. We reiterate our Buy rating and target price at NOK 125.
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Becoming a “YouTube” for education
- Published:
05 Jun 2020 -
Author:
Henriette Trondsen -
Pages:
17
We expect Kahoot’s upcoming trading update to be a positive event, and see limited risk for its Q2 guidance. The company is well positioned to enter the next growth phase, in our view, from getting paid per “hosts” to also monetize the users – and we see multiple other potential catalysts. Over time, Kahoot could become a “YouTube for education”, a place to visit for education/learning. We reiterate our Buy rating and target price at NOK 125.