This is a good summary of the concerns and positives some of us were discussing in another thread. Growth will slow — very soon. But they did 70% YoY revenue growth last quarter and will do prob 65% next quarter. Is it premature to be concerned? Q2 will be a tough comp but 50%+ growth looks possible. These aren’t numbers that usually concern us.
I am conscious though, that the “right price” is a big factor here. Despite the current growth level, if RDDT were trading at something like 50x next year’s EPS, I would call it a sell for sure, because I don’t think things will get better and better for years to come. In this way, it’s not dissimilar from MNDY and those others I called out — it’s just that growth hasn’t slowed to those levels, yet.
I’m really not sure when to react to the growth slowdown we all know is coming.
Perhaps looking for companies that might be able to 3x or more is a better use of our collective brainpower: Follow The (AI) Money
Bear