What Is the Postmates Stock Price?

Investors won't be able to find the Postmates stock price until the company goes public. But with shares of rival GrubHub Inc. (NYSE: GRUB) netting 75.54% returns so far in 2017, the Postmates IPO will be one of the hottest IPOs on the market.

CEO Bastian Lehmann plans to take the company public in 2019, according to Forbes, so there won't be a Postmates stock symbol until then.

But investors are still anxious to get into the growing food-delivery market...

Postmates stock price

The value of the U.S. food home-delivery market is expected to climb from $43 billion in 2017 to $76 billion by 2022, according to investment firm Cowen.

That's a 76.74% increase in just five years, and the industry growth leaves investors wondering if the Postmates IPO date is worth the wait...

Should I Wait to Buy Postmates Stock?

Investors attracted to this growing market could buy GRUB now or wait for the Postmates IPO. It turns out, there's an even better option...

Over the next 12 months, financial firm Craig Hallum Capital Group projects the GRUB stock price will climb to $80 per share.

From the opening price of $65.69 on Nov. 21, that's a potential profit of 21.78% over the next year.

But GRUB stock currently trades 91% above its opening price from when it went public in 2014. And if you're hoping to net similar gains with Postmates, you'll have to wait two years before it goes public.

That's why we're showing you another, even better option to profit from the home-delivery market.

You see, we do believe the U.S. food home-delivery market is more than just a trend. The apps for GrubHub and Postmates make ordering food and having it delivered from your favorite restaurant as easy as just pressing a few buttons on your smartphone.

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That's one of the reasons why the market is expected to grow from $43 billion this year to $76 billion by 2022.

This is creating a profit opportunity, but we aren't recommending GrubHub or Postmates stock.

We found a third option that's going to be even more profitable than owning shares of GrubHub or Postmates.

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This investment allows you to own a $525 billion tech juggernaut that could dominate the online food-ordering industry.

And in the next three years, Money Morning Director of Technology & Venture Capital Research Michael A. Robinson projects this investment could climb by 39.54%...

Your Next Double-Digit Profit Opportunity in the Food Industry

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The next titan of the food-delivery industry might actually be Facebook Inc. (Nasdaq: FB).

Yes, most analysts wouldn't consider Facebook a traditional "food-delivery stock," like GrubHub or Postmates.

But on Oct. 13, the social media giant entered the home-delivery market.

Through its "Order Food" option in the Facebook smartphone app, users can browse restaurants in the area that offer delivery and take-out options. Facebook is partnering with smaller delivery services like EatStreet, DoorDash, ChowNow, Olo, Zuppler, and Delivery.com, according to TechCrunch.

It's also working with restaurants directly for take-out options, and those restaurants include:

  • Jack in the Box
  • Five Guys
  • Papa John's
  • Wingstop
  • TGI Friday's
  • Denny's
  • El Pollo Loco
  • Chipotle
  • Jimmy John's
  • Panera

When a Facebook user decides what they want, they click "Start Order," and the food preparation begins.

Right now, FB CEO Mark Zuckerberg is not charging participating restaurants and delivery services fees or sharing in profits from the orders placed via Facebook.

That's because he's thinking bigger...

Zuckerberg doesn't need to take a cut of the $3.99 online delivery fee that services like Postmates charge. Instead, he's going after the U.S. digital advertising sector, which will account for 46% of all advertising by 2022, according to Forbes.

With Facebook offering food delivery, restaurants will want to increase their ad spending on FB to reach more customers. Five Guys, for example, could eventually pay to have an ad for a cheeseburger that takes users directly to Five Guys' "Order Food" section on Facebook when they click on the ad.

And with Facebook's 1.37 billion daily active users, restaurants have billions of customers they could reach each day.

Facebook partnering with smaller delivery services and restaurants directly is going to limit the amount of revenue Grubhub and Postmates can make. If you're holding out on the Postmates IPO in hopes of capturing 75% returns like Grubhub, the entrance of a $500 billion giant like Facebook in the online delivery market could dash your hopes.

It also means Facebook is primed to profit even more from the industry's growth.

While we see online food delivery as an additional catalyst for revenue growth, we don't have any hard numbers yet, since Facebook just rolled out its food service less than a month ago.

However, we do know online ad spending as a whole is increasing, which will continue to add to Facebook's revenue totals. Digital marketing spending is projected to climb from $72.09 billion in 2016 to $120 billion by 2021, according to Forbes.

That's a 66.45% increase in just five years. Because of forward-thinking moves like integrating food delivery into the Facebook app, Robinson projects the FB stock price will reach $250 per share by 2020.

"There is no question in my mind at this point that Facebook will hit $250. The only question is when, and 2020 strikes me as a solid forecast at this point," Robinson told me.

From the opening price of $178.31 on Nov. 21, that's a potential profit of 39%.

And while that's Robinson's prediction for 2020, that doesn't mean the Facebook stock price will stop climbing after it hits $250.

If there are two things Zuckerberg knows, they're how to scale a business and how to make shareholders a ton of money along the way.

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