Mar. 6 at 7:45 PM
$VELO
Here is another piece of his analysis at to what pps VELO will be selling at...by the end of this year :
https://x.com/9kielc/status/2020592740657172667
Scroll up and click on "Show More" to reveal the following:
What sort of price to sales ratio to put on this co is also difficult.
$SSYS is of no use to us, its price to sales is under 2 and deservedly so, it is barely growing.
$VELO is a high growth company potentially forming with all sort of re-rating potential if things progress.
If my
$68M for 2026 is in any way accurate (hopefully very low),
$VELO was trading at north of 8 forward p/s just under a month ago when it was mid
$20S PPS. It is now closer to 5.
I put a generic forward price to sales of "12" for high growth tech companies - the companies need not adhere to this number;
$ONDS is well above it,
$LPTH is well below it.
But even getting to
$68M revenue for 2026 x 8 price to sales, gets you to
$22S in a year's time. The stock was
$23S in January.
