Feb. 22 at 4:38 PM
$PTRN $RXT $SNDK $LITE
Pattern is changing their business model from 1P reseller to 3P Agentic-as-a-service high gross margin business…. market willing to give 1x P/S for their low margin business, but if they improve their model to 3P agentic AI, gross margin will move up quick like
$APP before APP stock exploded.
I expect stock re-rating P/S from 1x to 3-5x…..
$45 within 2 years…. If they can build their agentic commerce infrastructure business model, market willing to give the stock 10x P/S just like APP TTD
The company is no longer relying on Amazon, they are expending to TikTok shop base on their acquisition NextWave, and possibly to South America MELI platform….. their goal is to build agentic ai infrastructure for all the e-commerce
Do your deep research, don’t call PTRN is Amazon reseller, they need to keep 1P reseller business to collect more data to train their predict AI model….
