Well for now maybe at value but I think most holders here expect a big long-term upside. Also Morgan Stanley had it at $1.40 until the last news when it jumped and they increased target to $1.80. So it depends on your trading targets really.
From report: Stock RatingOverweight
Industry View In-Line
Price Target A$1.80
Nearmap Ltd Another beat...we bring forward CF break-even to FY19 NEA pre-guided its FY18 result today. The highlights were 1. a strong sales performance across A/NZ; 2. a steeper ramp in US; and 3. a lower cash burn than expected. We lift revenue 10% in FY19e and 17% in FY20e. Reiterate OW.
WHAT'S CHANGED? Nearmap Ltd (NEA.AX) From: To: Price Target A$1.40 A$1.80
NEA Price at posting:
$1.43 Sentiment: Hold Disclosure: Held