Jun. 13 at 10:01 PM
This is not investment advice. We have no idea what
$RVMD might be worth in a hypothetical acquisition.
That being said,
$NUVL &
$ACLX were acquired for an average of 1.5X analyst 5-year FY28 - 32 revenue estimates, excluding the highest estimate for each year, as detailed on the attachment.
The 7 RVMD analysts that provide RVMD FY28 - 32 revenue estimates project RVMD to generate
$28.421B in revenues over the same 5-year period. Hence if RVMD analyst estimates were credible AND if RVMD were acquired at the same average 5-year revenue multiple of 1.5X (2 ENORMOUS IFs) then RVMD would exit for
$42.63B in EV (consistent with NUVL & ACLX multiples). Using RVMD's 3/31/26 cap table, this would be ~
$200 per share.
We're curious if investors believe RVMD's profile would merit a peer M&A revenue multiple consistent with NUVL & ACLX? Why or why not (i.e. gross margin profile is different, royalty obligations)? We'd genuinely appreciate feedback.
This is not investment advice.
$XBI $IBB