▲ 41 r/redditstock
I've owned the stock since IPO and will continue to hold it regardless of the short term moves.
I'm honestly trying to figure out why this stock isn't higher. If you apply a 30x multiple times $8 eps you get $240 a share. Based on this last quarter $6 EPS seems like a minimum for the year and that would give you $180 a share.
Is the 30x multiple too high?
What's holding it back? Low logged in DAU growth?
u/EI-SANDPIPER — 13 days ago