@Tenbagger2024 Of course, I'm sticking with it, and I don't think there will necessarily be a correction, because they're not that expensive (after all, profits were almost 40% above estimates, for example). If they generate 700M net profit next quarter, then we have a 2.8B 12 month profit. Based on the 150B market cap, that would be a P/E ratio of 53, which is not that expensive. Especially if they continue to grow like this. Currently a profit of 2.2B is predicted for 2025, but it will probably be at least 3B...
@Tenbagger2024 I am currently estimating profits of around 700M 750M 800M 850M for 2025, which corresponds to 3.1B. We will see. If you go by the company's forecast, then there will probably be around 640M profit in the next quarter, but we have seen what the company's forecasts have been like the last few times
@SemiGrowth Oh well. In the case of growth stocks, you shouldn't value the P/E ratio too highly anyway. In the case of Palantir, for example, no investor cares about the P/E ratio
@Tenbagger2024 yes no, I think $APP can be valued well on the basis of the P/E ratio, as it is just becoming profitable and therefore forms a kind of lower barrier. After all, a growth stock that builds up margins and grew its profits by more than 40% in the last quarter will not have a P/E ratio of 30
@Tenbagger2024 and APP is not yet a hype stock like Palantir. I think that Palantir is mainly held by retail investors and governments, neither of which are known for looking at valuation ratios.
