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Facebook Inc (FB) To Hit $10 Billion In Revenue By 2015.

November 29, 2012 - 8:07am

By ValueWalk

Facebook Inc (NASDAQ:FB) will launch a “want” button in 2013 to further their commercial ambitions according to a new report from Piper Jaffray. The move could bring the company $10 billion in revenues by 2015. The report places a twelve month price target of $38 on the company’s stock.

With Facebook Inc (NASDAQ:FB) shares currently trading at just over $26, that price target means just under 50% return in twelve months, nice work if you can get it. Facebook shares debuted  in May, and were priced at $35.

That, of course, assumes the company will reach the price target assigned by Gene Munster, the Piper Jaffray an


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