Facebook's stock is currently trading at roughly $31.50 per share. It priced its initial public offering a week ago at $38 per share, opened trading at $42.05 per share and traded as high as $45 per share. None of Facebook's underwriters have initiated equity research coverage on Facebook, but a number of analysts not involved in the offering have, with a range of target prices of $49 all the way down to $9.50 (see article here). In addition, Henry Blodget, former Internet equity research analyst, estimates that Facebook should trade between $16 and $24 per share.
Link to Henry Blodget article (which has a good analysis):
http://www.businessinsider.com/what-is-facebook-worth-2012-5
Link to CNBC article on analyst projections:
http://www.cnbc.com/id/47567766
Link to Henry Blodget article (which has a good analysis):
http://www.businessinsider.com/what-is-facebook-worth-2012-5
Link to CNBC article on analyst projections:
http://www.cnbc.com/id/47567766
