collective
Founded Year
2021About collective
collective offers a non-fungible token (NFT) ecosystem platform for the NBA's top shot collectors. The company's platform allows for a matched user experience, with educational tools that give newcomers the opportunity to buy NFTs as an opportunity to launch their collecting journey and engage with the community, enabling users to analyze NFTs, see portfolios, and interact with friends. It was founded in 2021 and is based in Atlanta, Georgia.
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Latest collective News
Jan 18, 2023
Adam Smigielski Membership Collective Group (NYSE: MCG ) is on watch after Roth Capital Partners started off coverage on the leisure stock with a Buy rating after pointing to recent changes. Analyst George Kelly sees profitability opportunity from member pricing increases, in-house margin opportunities, and the potential rationalization of MCG's smaller businesses. "We believe conditions and sentiment are about to improve. New management appears keenly focused on profitability, and leverage is elevated but manageable, in our view. As turnaround efforts show traction, we believe this unique asset/brand will quickly re-rate." Roth Capital assigned a price target of $7 to Membership Collective ( MCG ) based on 10.9X the 2024 EBITDA estimate. The PT reps 37% upside for shares.
collective Frequently Asked Questions (FAQ)
When was collective founded?
collective was founded in 2021.
Where is collective's headquarters?
collective's headquarters is located at 708 Spring Street Northwest, Atlanta.
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