RDDT → $300.00 by Mar 27, 2029.

Looking at revenue and profit growth, there are hardly any companies trading below a 50x revenue multiple (e.g., Palantir). Reddit is currently at around a 10x P/S, which could drop to \~6x over the next 12 months, with a forward P/E close to 25x. At the same time, Reddit has relatively low risk of disruption from AI compared to most SaaS companies. Marketing platforms tend to be durable, especially when user growth is strong - and Reddit is one of …