RDDT outlines multi-year net income growth and share buybacks, Jonah Lupton notes

RDDT outlines multi-year net income growth and share buybacks, Jonah Lupton notes
RDDT projects rising net income, share buybacks

Jonah Lupton, investor and market commentator at Social Media / FinTwit, shares his financial outlook on RDDT. He projects RDDT net income will reach $1.456 billion in 2026, $2.092 billion in 2027, and $2.887 billion in 2028.

According to Jonah Lupton, RDDT has $2.75 billion in cash, zero debt, and is conducting share buybacks. The company currently has 192.5 million shares outstanding, a figure reportedly increasing at 1% annually.

Lupton previously reported that RDDT, which has a $25 billion market cap, is rumored to consider an exclusive $1 billion data licensing deal. In separate coverage, he tracked a rise in TMDX daily flights, which reached over 36 per day in June and increased 17.4 percent month over month according to his data. These updates follow his continued monitoring of key financial metrics across the sector.

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