[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![JonahLupton Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::14579415.png) Jonah Lupton [@JonahLupton](/creator/twitter/JonahLupton) on x 566.7K followers
Created: 2025-07-15 01:40:32 UTC

I think we’re confusing meme stocks with popular retail stocks that have strong fundamentals and secular tailwinds. 

$APP trades at 24x NTM EBITDA, with EBITDA growing 50-60% YoY, expanding margins, incredible FCF conversation, low SBC as a % of FCF and they’re about to launch a new ad platform out of beta in early 2026 with incredible ROAS results in their current pilot programs. 

Meanwhile $PLTR trades at 80x NTM reps and 180x NTM EBITDA. Not sure these two belong in the same conservation, at least if we’re talking fundamentals and valuations.


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944935077449732396/c:line.svg)

**Related Topics**
[$7846t](/topic/$7846t)
[beta](/topic/beta)
[$app](/topic/$app)
[stocks](/topic/stocks)
[applovin](/topic/applovin)
[stocks technology](/topic/stocks-technology)

[Post Link](https://x.com/JonahLupton/status/1944935077449732396)