Please read Disclaimer!
While Demand Media has been around for a while, after the IPO in January the company appeared not only on the radar of investors, but also on the radar of the entire publishing world. Financial analysts opinion is divided at this time and they are unable to give a clear outlook on the company.
Considering the service the company provides, in my opinion, the stock has a potential to reach a price range of $27.00 – $28.00 until the end of 2011. My forecast is not based on commonly used analyst data, but just on the fact that the company has gotten much more exposure since the IPO. There is more consideration for the service and this will increase business volume. On whether this increase will be of substance has to be seen and depends on the company’s ability to sort out qualified content and promote and produce this content.