May. 12 at 5:18 PM
$GTLB This drop seems panic selling from downgrades. They'll be provded wrong and it setup the company to redcuce fat, improve margins, reduce capex, and integration with Clarude, Google, AWS will all drive monetization across the board in not too distant future.
Given their 1.2B cash position, market is pricing over
$1B in ARR and 15-20% y/y growth to be less than 3x sales. This deserves to be minimum 5x sales for this types of growth and financial position of the company. I would think it will appreciate to minimum
$40/share and 5B in market cap (minus their 1.2B cash) or Take Over Target with 5x sales at a mimum.
Either way, it's not less than
$40/share stock any day!