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Congrats to all the $RDDT shareholders… monster quarter and monster guidance.
3 months ago $RDDT guided Q2 revs to $420M and Q2 EBITDA to $120M. They ended up reporting $500M and $167M respectively. Q3 guide was equally impressive.
Every analyst will need to raise their 2025/2026 estimates and 12-month price targets.
$RDDT now my third largest position behind $TMDX and $APP.
$RDDT fair value is $232 according to my next 12 month estimates and that’s conservative for a company growing 78% YoY with 33% EBITDA margins that will continue to beat and raise.
Very bullish earnings call, still early innings for $RDDT in terms of product improvements and user monetization through advertising and data licensing… also international expansion is untapped white space for growth.
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