If you can't handle me at my OTM you don't deserve me at my ITM
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Armour Residential R

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This can't be true. Some kid on the Acceleration sub called me an idiot because "ARR is only going up" when I mentioned that debt could become pricier.
NBIS is expected to do $25B in annual revenue/ARR by 2028. If the stock literally didn't move between now and then, it'd be trading at only 2x sales. Today, NBIS trades at roughly 42x TTM sales. If it maintained that same multiple on $25B of revenue, you're talking about roughly a $1T market cap, or $4,000/share. Obviously, expecting a 40x+ sales multiple in 2028 is extremely aggressive. But you don't need anything close to that for the upside to be huge. At 10x sales on $25B, you're looking at a $250B market cap, or roughly $900/share before accounting for dilution. As a bonus, NBIS is also expected to be GAAP profitable in 2028. How tf do you not full port this??? Lmfao
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