The analyst states a long-term bullish stance on RDDT, noting positive trends in ad revenue and ARPU, but highlights the need for international DAUs to increase.
Ad revenue and ARPU increased last year; international ARPU is lower than US by about $8, so growth in international DAUs is needed even if ARPU remains flat.
@GainMaxxing Yes, long-term. I use $RDDT a lot. Last yr, ad rev was up. ARPU was up too. Bit of a gap between International and US ARPU thoughs (Intl lower by around $8 ish). So would want to see intl DAUs increase significantly, even if ARPUs stay flat.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +13.1% | +12.8% |
| 1 week | +11.4% | +9.6% |
| 1 month | +20.8% | +15.2% |
| 3 months | +20.9% | +19.4% |
| 6 months | — | — |