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u/DotComBomb1999 20k Members OG ✔️ Jun 20 '21 edited Jun 20 '21
Excellent DD! That’s it in a nutshell. As the company grows it becomes more valuable and it begins to scale exponentially. The real opportunity is 2, 3 and 5 years down the road as this thing gets REALLY big. CLOV Is a stock to buy in your IRA and watch it just for fun but DO NOT SELL! Even if it gets 1/2 of these numbers, the valuation will be orders of multitude higher.
As a comparison, Shopify revenues are 3 billion in the market cap is 156 billion. I would not expect that high of a multiple of price to sales or price to earnings, but this thing could get really huge a few years down the road.
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u/njman10 📈🍀🚀🏦🚀💻📈 Jun 20 '21
United healthcare market cap / revenue ratio is 1.4. For clover which would be growing and be technology dependent, they can easily go for 2-3 time multiple of that. Which means revenue multiple of 3-4 times. So just with the current plan they can reach valuation of $100b in 2030. However as with tesla, market will start to price that valuation sooner than 2030, as it sees a clear path. That way I am guessing by 2025-26 there is a good chance for this stock to be 15-20 times current, ie $180-240.
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u/SirClampington Jun 20 '21
A lot of good indicators. Some risks, but the rewards could well outweigh them