Tobi Lutke: Stock price target error significantly larger after split adjustment

Tobi Lutke: Stock price target error significantly larger after split adjustment
Lutke notes stock split price error

A recent social media post by Tobi Lutke drew attention to a previously published price target, emphasizing that its calculation did not reflect subsequent stock splits. Lutke added that this oversight causes the actual error in the price target to be far greater than publicly shown. The statement referred readers to an external publication and included Lutke’s brief commentary: ''Kinda cool. Also: the price target they set was pre our stock splits, so the real error is an order of magnitude higher.'' Market participants are reminded to carefully review such metrics and account for corporate actions such as splits when interpreting price targets.

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