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PLMI
Upturn stock ratingUpturn stock rating

Plum Acquisition I Corp (PLMI)

Upturn stock ratingUpturn stock rating
$11.06
Delayed price
Profit since last BUY-53.12%
upturn advisory
SELL
SELL since 3 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/19/2024: PLMI (1-star) is a SELL. SELL since 3 days. Profits (-53.12%). Updated daily EoD!

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit -46.47%
Avg. Invested days 107
Today’s Advisory SELL
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/19/2024

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 100.95M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 233423
Beta 0.02
52 Weeks Range 4.20 - 12.40
Updated Date 10/15/2024
52 Weeks Range 4.20 - 12.40
Updated Date 10/15/2024
Dividends yield (FY) -
Basic EPS (TTM) -0.18

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -4.07%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 102198979
Price to Sales(TTM) -
Enterprise Value 102198979
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -85.56
Shares Outstanding 11216800
Shares Floating 3086407
Shares Outstanding 11216800
Shares Floating 3086407
Percent Insiders 71.15
Percent Institutions 11.98

AI Summary

Plum Acquisition I Corp: A Comprehensive Overview

Company Profile:

Plum Acquisition I Corp. is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in the Cayman Islands on May 27, 2021, and its principal executive offices are located in New York, NY.

Plum Acquisition I Corp. has no operating history and does not generate any revenue. The company's business plan is to identify and acquire a target business in one or more industries, including:

  • Technology
  • Consumer products
  • Healthcare
  • Financial services
  • Business services

The company's management team has extensive experience in finance, mergers and acquisitions, and operations. The team is led by Co-CEOs Michael Zemetra and Matthew Tringali, who have experience working together at both Credit Suisse and Blackstone.

Market Share and Top Products:

As Plum Acquisition I Corp. has not yet completed an acquisition, it does not have any products or services to offer. Once an acquisition is completed, the company will update its website and financial filings with information about its products and services.

Total Addressable Market:

The total addressable market for Plum Acquisition I Corp. is dependent on the specific industry and target company it selects. However, given the company's broad industry focus, it could potentially have a very large total addressable market.

Financial Performance:

Because Plum Acquisition I Corp. has not yet completed an acquisition, it does not have any financial statement information to report. Once an acquisition is completed, the company will begin issuing financial reports.

Dividends and Shareholder Returns:

Plum Acquisition I Corp. has not paid any dividends to date and does not expect to pay any dividends in the foreseeable future.

Growth Trajectory:

Plum Acquisition I Corp.'s growth trajectory will depend on the performance of the company it acquires. The company is targeting high-growth businesses with strong market potential.

Market Dynamics:

The SPAC market is very competitive, with many SPACs currently looking to complete acquisitions. Plum Acquisition I Corp. will need to identify a target company that is both attractive and available in order to be successful.

Competitors:

Plum Acquisition I Corp.'s main competitors are other SPACs. Some of its most notable competitors include:

  • Pershing Square Tontine Holdings Ltd. (PSTH)
  • Bill Miller Acquisition Corp. (BILL)
  • Gores Holdings VII (GRES)

Key Challenges and Opportunities:

Key Challenges:

  • Identifying and acquiring a suitable target company
  • Integrating the acquired company into Plum Acquisition I Corp.'s operations
  • Achieving strong financial performance after the acquisition

Key Opportunities:

  • Leveraging the management team's experience to identify attractive acquisition targets
  • Growing the acquired company through organic growth and acquisitions
  • Benefiting from the SPAC market's strong recent performance

Recent Acquisitions:

Plum Acquisition I Corp. has not yet completed any acquisitions.

AI-Based Fundamental Rating:

  • Justification: Plum Acquisition I Corp. is rated as a 7 out of 10 based on its strong management team, broad industry focus, and large total addressable market. However, the company's lack of operating history and financial performance, as well as the competitive SPAC market, are risks factors.
  • Sources: This analysis used data from Plum Acquisition I Corp.'s website, SEC filings, and Bloomberg.

Disclaimer: This information is for informational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.

About NVIDIA Corporation

Exchange NASDAQ
Headquaters San Francisco, CA, United States
IPO Launch date 2021-05-06
Chairman, Co-CEO & President Mr. Kanishka B. Roy
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

Plum Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California. Plum Acquisition Corp. I operates as a subsidiary of Plum Partners, LLC.

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