Fannie Mae, Freddie Mac shares tumble after conservatorship comments
InvestingPro’s Fair Value models demonstrated their predictive power once again, identifying a significant mispricing in (NASDAQ:JOYY) shares in June 2024. The analysis, which combines multiple valuation methodologies to determine a stock’s intrinsic value, indicated that JOYY was substantially undervalued at $28.96. Investors seeking similar opportunities can explore current undervalued stocks on our Most undervalued list.
JOYY Inc., a global social media platform provider, operates various live streaming services including BIGO Live and Likee. When InvestingPro’s models flagged the opportunity, the company reported solid fundamentals with annual revenue of $2.25 billion and EBITDA of $148.8 million, despite experiencing volatile trading in the preceding months.
The Fair Value analysis projected a 50.31% upside potential, a forecast that proved conservative as the stock delivered a remarkable 65.33% return over the following year. This performance was supported by several positive catalysts, including Baidu (NASDAQ:BIDU)’s $2.1 billion acquisition of YY Live and consistently strong quarterly earnings results. Multiple analysts recognized the company’s potential, with Jefferies raising their price target to $57.10 and Citi upgrading their target to $50.
As of June 2025, JOYY’s stock trades at $49.84, with improved fundamentals including a significant EPS expansion to $30.99. The company’s financial health score of 4 out of 5 from InvestingPro further validates the initial analysis. Recent developments, including new leadership appointments and continued operational improvements, suggest sustained momentum.
InvestingPro’s Fair Value methodology combines multiple valuation approaches, including discounted cash flow analysis, peer comparisons, and analyst consensus targets, to identify mispriced securities. This comprehensive approach helps investors make more informed decisions by providing a clear picture of a stock’s intrinsic value compared to its market price.
The success of this Fair Value call exemplifies the power of data-driven investment analysis. Investors can access similar actionable insights, along with real-time Fair Value alerts, comprehensive financial analysis, and proprietary indicators through InvestingPro. Don’t miss the next major market opportunity – upgrade to InvestingPro today.