This summary was created by AI, based on 1 opinions in the last 12 months.
Soho House, with the symbol SHCO-N, went public in 2021 and had a rocky start with its stock. However, its core membership business is growing, with a 21% increase in membership over the previous year. The company is seeing revenue growth, but is still far from being profitable. Management is focused on improving margins and aiming for free cash flow positivity. Overall, the company is considered a speculative play with potential for growth, but also significant risks involved. Investors are advised to consider a small position and watch for future management forecasts.
Soho House is a American stock, trading under the symbol SHCO-N on the New York Stock Exchange (SHCO). It is usually referred to as NYSE:SHCO or SHCO-N
In the last year, 1 stock analyst published opinions about SHCO-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Soho House.
Soho House was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Soho House.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Soho House published on Stockchase.
On 2024-12-13, Soho House (SHCO-N) stock closed at a price of $4.96.
It went public in 2021, plunged in 2022, doubled, but still badly lags its IPO price. What's interesting is its core membership business. It started in London and has expanded internationally. They select members, favouring creatives. Maybe that's why the stock didn't start well, because they didn't include others, like portfolio managers. Q3-2023, membership rose 21% over the year before and 3% from the previous quarter. It won't accept members in New York, London and L.A. this year. They're getting popular. Their most recent quarter saw 13% revenue growth (from recurring revenue membership fees). Not pleased they're a long way from a profit, but they're moving in the right direction. EBITDA more than doubled last year, but they need to invest a lot to build out properties. They've slowed down expansion to improve margins. They want to go free cash flow-positive this year. They got killed in their last quarter, but didn't comment on that. Bottom line: a spec play. You can buy a small position, then buy more if management gives a good forecast. The risk-averse can wait and watch.