Facebook will have market value of $234 billion by 2015, up from its current valuation of $85 billion, according to an analysis by brokerage firm Wedbush Securities that analyzes the valuations of private companies.
Wedbush Securities analyst Lou Kerner, who made this guess in a report last week on the what he called the 'Second Internet', says by 2015 Facebook will earn $11 billion on $22 billion and have a market value of $234 billion, Business Insider said Thursday.
"That makes the company's recent second market valuation of $85 billion look like a fine deal indeed,'' the business web site said.
In his earlier predictions in February 2010, Kerner had said that Facebook might be worth $100 billion by 2015.
But he now thinks Facebook's margins are better - around 50 percent - and that it will get a bigger share of the global ad market, according to the portal.