▲ 16 r/redditstock
Here's the numbers that I see, what am I missing?
Sheet: https://docs.google.com/spreadsheets/d/1xpMgp0jqOdd9pXOIz-iQRKqbsYYdN2bwa1FnDAzIH-I/edit
Based on this, RDDT has a forward PE of definitely < 30, and likely < 27, with a PEG of < 0.7, likely < 0.6.
Even if RDDT were to stagnate in income after 2026, which seems unlikely given international DAU and overall ARPU growth, the PE ratio that we pay for isn't catastrophic? Let me know if I'm missing anything?
PS: from a volatility basis, RDDT trades inversely with KO (coca-cola), so I guess the ultimate portfolio is personified by a Redditor that chugs Coke Zero?
u/Certain_Yam_5824 — 2 days ago