You might call it the independent-contractor revolution of the 2020s. As the Covid-19 pandemic gig economy emerged two years ago, workforce management platform ShiftPixy (NASDAQ:PIXY) came onto investors’ radars and PIXY stock garnered some attention on Wall Street.
As the company sees it, ShiftPixy is targeting an addressable market valued at roughly $600 billion, comprising 30 million part-time workers. Furthermore, the company projects eventual revenue of $1 billion and gross profit of $100 million.
But don’t assume that ShiftPixy is solely a shift-worker platform. As the company diversifies its business model, ShiftPixy appears to be a high-potential investment opportunity that’s largely unappreciated on Wall Street.
Discover more about PIXY stock here.
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