What Blue Apron Must Do to Turn a Profit
Maybe it's too early to be thinking about profits at Blue Apron (NYSE: APRN). After all, the company isn't even five years old, and it's not uncommon for young companies to go years without making a profit. Amazon (NASDAQ: AMZN) is one of the largest companies in the world, and it famously didn't make much of a profit for over 20 years.
But if you can't see how a company can eventually make a profit at some point in the future, then there's no reason to invest in it. In principle, the value of a company is derived from its future earnings.
With that in mind, let's consider what Blue Apron must do in order to turn a profit down the line and justify its $1.3 billion valuation.
Source: Fool.com
Amazon.com Inc. Stock
€159.28
-0.990%
With 156 Buy predictions and not a single Sell prediction Amazon.com Inc. is an absolute favorite of our community.
With a target price of 192 € there is a positive potential of 20.54% for Amazon.com Inc. compared to the current price of 159.28 €.
