RDDT → $550.00 by Aug 16, 2029.

In my last post I gave my Reddit price targets: $550 in 2027 and around $900 by FY2028. A lot of serious investors questioned the math, and some of the valuation math in my previous post was not explained correctly. So I will explain here. For valuation reference, I look at companies such as Cloudflare and, historically, The Trade Desk when the market was still giving very large premiums to strong growth. I am not saying they are perfect comps. …