In the share market it's almost always better to under promise and over deliver, fact. Setting a realistic target sp is crucial because it manages expectations and builds credibility. I've seen it time and time again.
Companies that consistently overachieve their targets tend to gain more trust and see a positive impact on their sp. So the trick is then to make sure that you are in fact overachieving, so that means not making the target crazy high. So yeah $5 is great, but it’s important to set a target that's sustainable to maintain market confidence and long term growth imo.
P.s. predicting a sp based on a sngle variable (like revenue growth) is inherently not right. End of the day it's influenced by huge number of factors (i.e. economics, market sentiment, competition). Don't think you'll get an answer for what the sp will be based off revenue growth alone
EYE Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
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