We are lowering our FY26 estimates to reflect the current operating trends. Our Q4 FY25 estimates are unchanged. Q4 FY25: We are modeling Measurement revenue of $69m, Activation revenue of $122m; our forecast for Supply-side revenue…

We are introducing Q1 FY26 estimates. Our price target and rating remain unchanged. We currently expect RDDT to report the following results: Q4 FY25: Average Daily Uniques (DAUq) of 119m; $623m in advertising and $37m in…

Our analysis indicates that APP’s AppDiscovery and U’s Unity Vector are benefiting from an industry-wide shift in how game publishers calculate LTV. In this note, we highlight the benefit of growing in-app advertising (IAA) spend…

We are updating our model to reflect Q3 results and the most recent guidance. we are raising our twelve-month price target to $792 to reflect the updated forecast. Our estimates are: Q4 FY25: We expect…