Jul. 8 at 9:18 PM
$TEAD
I continue to be long-term bullish, short-term swinging the pet rock.
This is basically a 3–5 year deleveraging story.
If growth keeps tracking... and synergies/cost cuts hold... END OF 2027 could look like roughly 1.4B–1.5B in rev, so 150M(?) in EBITDA, and 350–425M of net debt.
In that setup I’d think base case SP is around 5–7, with aN EXTREME case more like 8.50 if the market really starts to re-rate it.
IT'S STILL RISKY, and not as flashy as AI or memory or emerging bios... But a potential 10x over the next couple of years? Like I said, long-term hold, short-term swings.
