• bitcoin

    Bitcoin (BTC)

    $ 3,994.23 0.11%
  • ethereum

    Ethereum (ETH)

    $ 136.80 0.47%
  • ripple

    XRP (XRP)

    $ 0.310693 0.09%
  • stellar

    Stellar (XLM)

    $ 0.107413 0.95%
  • eos

    EOS (EOS)

    $ 3.66 0.96%

Genesis

Facebook Coin: What’s the realistic angle?

Quick Take

  • Barclays Internet analyst Ross Sandler forecasts Facebook Coin to generate as much as $19 billion in incremental revenue by 2021; base-case $3 billion
  • We walk through his assumptions, discuss competition and broader payment implications if adopted

It’s that time of year, the post-earnings lull where equity analysts take time to digest new company information and either reaffirm their views or offer material changes to their theses. For some looking to make a splash, the occasional brow-raising bold calls trickle out as well.

This week, Barclays’ internet analyst Ross Sandler released a note to clients which walked through his bullish view on Facebook Coin, suggesting the project could unlock as much as $19 billion in incremental revenue by 2021, and a conservative base-case forecast of $3 billion.