@jukan05 Surely they’re targeting the enterprise market not the consumer market, but even then it’s a seat based biz model and that’s not great when AI is causing layoffs at the same enterprises these guys are targeting lol
Not a fan of $CBRS, especially at ~$90B-100B MC valuations.
But I do like the company.
There’s a lot of short term valuation disconnects with float dynamics after IPO as seen with $CRCL or $BULL though.
So would not be surprised if it ends up trading at absurd valuations for a short time until things correct.
Sometimes the best thing to do in a downturn is figure out what was loved by the market before the downturn and ask if anything fundamentally changed to these stocks that they wouldn’t work again, and if your answer is nothing changed you load tf up on them and don’t touch them
@blueprintsmb22 It really also depends on what the analyst wants, sometimes they focus on getting the model accurate because they’re looking to impress a PM on the buyside to eventually get hired
@BoringBiz_ I’m getting so many of these case studies these days and it infuriates me that these kids think it’s fine for them to be intellectually dishonest, these are worst kind of hires