Wall.St.Regard

$ZETA is a great long-term investment here: - Cheap valuation relative to revenue and earnings growth projections through FY2028 (<4 P/S) - Compressed SaaS multiples that will eventually recover, because AI won't kill all of SaaS - AI is a tailwind for $ZETA (Athena) - Revenue and earnings inflection coming with the launch of Athena It reminds me of $PLTR, $SOFI, and $HOOD in many ways - hyper-compressed valuation just when inflection with a great product (Athena) is around the corner. We will see beats and raises through 2026 IMO.

@wealthmatica Congrats Mr. Zeta!

I have an announcement. I have officially started a new position… - $DAD - Allocation: 100% There’s no exiting this one!

@weary_centurion > They believe the company will finish 2026 with -30% negative growth and will be unprofitable That's inaccurate. Analysts are expecting -30% revenue for the quarter, and -17.16% for full year

$ODD Wall St thinks the company will be in substantial negative growth this year and flat thereafter They seem to be forgetting the following: 1. -30% is for Q1 and is YoY. This does not apply to the entire year and the advertising issue mainly affects IL MAKIAGE 2. IL MAKIAGE has 70% repeat rates and a net revenue retention rate of more than 100% meaning the company will grow revenue organically from its existing user base who will continue to spend more within the ecosystem. It is new customer acquisition this issue affects specifically 3. SpoiledChild cleared $250M in 2025 and grew 65%. Even if they grow slower at 50% that’s around $375M for 2026 which will account for 30-40% of overall revenue 4. METHODIQ is growing at least as fast as SpoiledChild did in its first year. SpoiledChild cleared $48M in and was profitable IN THE FIRST MONTH. If METHODIQ follows or exceeds that trend, we could be looking at $50-$100M for 2026 and positive margin contribution 5. SpoiledChild is likely to be higher margin than IL MAKIAGE. Their products are stickier and repeat rates are likely very strong. This will drive way more growth than IL MAKIAGE in the future In summary, the market is smoking crack on this one. They believe the company will finish 2026 with -30% negative growth and will be unprofitable Oran said at Q4 that he would never run the business in a way that would throw cash after bad unit economics It is going to be hilarious watching this play out throughout the next couple of years To clarify, I don’t care about stock price right now at all. The market environment is horrific. Even if earnings are ok the stock could still tank and that doesn’t bother me one bit. I will continue to DCA Not financial advice Do your own research before making any investment decisions

@stocktalkweekly @zohmbastic at this point you're the retail Warren Buffett, causing temporary spikes in equity and options flow

@stocktalkweekly @zohmbastic lmao stocktalk

$CRNC

@weary_centurion Curious, what percentage of your portfolio is in $$ODD??

$ODD Q1 EXPECTATIONS Management told us to expect -30% revenue YoY for Q1 and a further decline in Q2 (magnitude unknown) They told us to expect near term EBITDA pressure They told us that they have taken strong remedial actions to fix the advertising dislocation problem They told us that they understand the problem and they believe, they can fix it They told us they would not throw good money at bad unit economics in relation to CAC They told us buybacks look attractive at current prices (when it was around $30) Since Q4, we have received zero updates from management. Complete radio silence The only information we have: • The CEO bought $10M of shares • New $200M buyback program • $55M repurchases since Q4 • Baillie Gifford increased position • Morgan Stanley increased position Online traffic data has been mixed. It’s been looking very favourable for SpoiledChild and METHODIQ. It’s been looking ok for IL MAKIAGE Other than that info, paired with review volume, we don’t really have much to go off Credit card data has been favourable for SC and METHODIQ, not so much for IM WHAT I EXPECT I think it’s sensible to keep an open mind here. We are still early in terms of the issue being known and worked on I do expect solid growth in SpoiledChild and METHODIQ, because we know that they have not been impacted anywhere near as much as IM by this issue The big uncertainty is how IM is now performing. It’s safe to assume Q1 was terrible for IM, anything less than that is a major bonus. But there a question mark over Q2. I believe they have left earnings until the last possible minute in order to accumulate as much Q2 data as possible This could indicate full year guidance is coming. Though I am not reliant on that. It could just be they are gathering info to make sure Q2 guidance is accurate More importantly, I believe they are waiting for more data so they can be more definitive in their commentary around the CAC dislocation. They will want to be clear in relation to whether this issue is in fact resolved. Or whether there are still problems This quarter could be unprofitable. But if it is I would assume the reason for that is increased investments into Spoiled Child, METHODIQ and Oddity Labs. SpoiledChild and METHODIQ are scaling extremely fast. The investments now will pay off multiple times in the future in terms of revenue, earnings and free cash flow. The ROI is very favourable Provided they remain profitable on a yearly basis I am happy. I highly doubt they will be burning through cash for operational spending. I think the majority of share repurchases will have been executed via the revolving credit facility. This will allow them to preserve their large cash pile relatively untouched I expect material updates on all business segments and details on CAC. Oran will tell us the cold hard truth. Whatever the situation. There may be some commentary on the class action lawsuits in response to the share price drop. I expect them to file for a dismissal. The lawsuits in my opinion, are predatory and unfounded in reality I am extremely keen to know the current share count. I expect their shares repurchases to have been aggressive. I want to see at least $100M deployed from the new program whilst prices have been so detached from reality. I will be disappointed with anything less than that CONCLUSION Overall, my expectations are low. I am not naive enough to assume Q1 won’t have been a bad quarter I would like to see full year guidance but equally, the thesis is not broken if we don’t get it Most important to me is management commentary and tone. This will tell me most of what I need to know As long as they remain profitable and keep buying back shares, I am Happy to wait a long time at current valuations Future potential is not remotely priced in here This is not financial advice Do your own research before making investment decisions

@wealthmatica Oh boy I hope not. At least not before mid June, because I’m still building my position 😂

New hunch. What if there’s a chance OpenAI acquires $ZETA… “there has been this narrative that the LLMs are going to come in and take all our business – by partnering with them, that comes off the table." – David Steinberg, $ZETA CEO

@daschreiber I would have not taken you to be Gunners fan. But that makes sense since you grew up in London. Rooting for them to win champions league as well

@wealthmatica @Dr_Crossroads I also wouldn’t be surprised if $ZETA themselves partner with $PLTR to get more efficient. David seemed excited to be introduced to them by Dan Ives

@Dr_Crossroads @wall_st_regard Great question! In fact - I’ll let David answer this himself. “To remind you, Stagwell is an agency holding cooperation - they’re actually a client of ours.”

$PLTR / $STGW Stagwell and Palantir announced a partnership in November to build an AI-driven marketing platform. At the time, their CEO called it, "The holy grail of marketing brought to life," which could generate "hundreds of millions of dollars." It sounds like they're still quite excited about the impact of the partnership. What once took hours or weeks now takes minutes.

@wealthmatica @Dr_Crossroads You’re the best Mr. Zeta

@wealthmatica @Dr_Crossroads Would you say Stagwell is a direct competitor to $ZETA?

@Dr_Crossroads I asked $ZETA CEO about this last year! He seemed quite bullish on it too.

@CEOswithswords @sheslee @GavinSBaker He exited his $P position fully in Q1 2026

💯 I could see why @GavinSBaker made $P a really large position before the memory and chip stocks began to run up parabolically. The ever-green model is a key differentiator. The trouble of going through down times. If you think about the agentic era, down time during physical storage replacement means that the agents cannot function 24/7/365. This is a function that will increasingly become important as more agents begin to emerge.

You know you’re early when Grok mistakes $P for $PLTR when you try to prompt it.

@StockSavvyShay $FPS

I just initiated a brand-new 'Power Grid' position in my family portfolio. The company is under $10B, growing revenue over 100% YoY, sitting on a record backlog and booking more than twice as much business as it ships. Any guesses?

@PalantirHotline @midastouch112 you seem married to the stock

@midastouch112 Not trolling, C3 IoT is the future

I am down nearly 60% since selling all my $PLTR and loading the boat on $AI. I’d be lying if I said the drop from $21.43 to $8.75 hasn’t tested my retail investor patience. Today, I’m doubling-down on $AI to full-port into my conviction that it’s the future of Enterprise AI.

@bjmtweets Are Google Trends a good proxy for determining whether a Facebook/Instagram ad campaign is failing? I would’ve assumed that once customers saw the ad, they’d click through directly to the Il Makiage website rather than searching for it on Google

$ODD just announced their earnings will be June 2nd This is a full month later than it has typically been. It wouldn't surprise me that they are extending it as far as possible in order to buy time to find good news to report (an ad campaign that works for example). So far, there has been no recovery in Google Trends for $ODD's IL Makiage. It is seasonally worse than any previous May since 2020. The Try Before You Buy Program is gone from their website. As a DTC company, nearly all of their ads were for TBYB since it launched in 2019. They guided for essentially no new customer revenue in Q1. They can only live so long off of subscription revenue which will churn over time. It is risky to own this stock going into earnings, as we know nothing about their future unit economics. For B2C products, distribution is a key pillar and where moats are made. We don't know if they have any distribution channels at scale that can generate profit off of advertising costs anymore. They don't know either (they are hopeful, but what else would they say?). Valuing a business that lost its new cohort engine based on cash is also risky, as they will burn that cash in order to fix the company, not return it to shareholders. As they burn it overtime, generally stocks will re-rate downward to reflect this. When you are dealing with this level of uncertainty, and still want to be bullish, allocation size is key. Best of luck to Oddity shareholders. FYI - I share my thoughts on Odd occasionally because Meta and Meta ads are in my circle of competence.

@stocktalkweekly Best part about the stock market is that we all get rich together.

Knowing that we are literally changing people's lives makes me happier than the money ever will.

Hey Brian, appreciate all of your posts on $GTLB. I've been following them for a while. Something worth noting is that $GTLB doesn't make more revenue just because more engineers are pushing more code. In other words, revenue is not consumption driven. They have a consumption based model for their AI companion, but not core features like CI/CD pipelines, etc. Correct me if I'm wrong

Nice to see $FROG rise. Big beneficiary in the AI coding/development space. $GTLB will be next, IMO. $RBRK and $IOT are also longterm winners in my view.

@investingbyGenZ @tang_syd I couldn't find the correction post, could you share the link? ty

@tang_syd Iknow, I posted a correction post. But thanks anyway!!

I’m not convinced $ODD has fixed its Meta CAC issue. IL MAKIAGE shows only 2 active Meta ads, despite ~680 ads since Jan. If you exclude January, only ~150 remain. SpoiledChild has lots of historical Meta ads but none active. MethodIQ appears to have no active ads and no meaningful history. Meanwhile, IL MAKIAGE’s TikTok videos are only getting hundreds/low-thousands of views, and Google ads presence looks limited. Similarweb also shows most social traffic to ilmakiage.com coming from Pinterest, X, and YouTube — not Instagram/TikTok. Pinterest is 40.7%, X 27.1%, YouTube 22.8%, TikTok 4.7%, and Instagram just 2.7%. Hard to see Pinterest/X replacing Meta at scale for paid beauty acquisition. Maybe they’re deliberately pausing unprofitable spend. But based on visible channel checks, I don’t see evidence that the Meta acquisition engine is fixed

@Venu_7_ Congrats! IN hindsight, do you regret the decision of selling? What would have been a 10x since a 4x. Possibly worse, considering you had to pay taxes when you exited at $50

My journey with $NBIS explained in single picture!

Also, if management says they're still unsure about FY26 guide, price action might get worse, because the market will hate the uncertainty.

All fair points that I agree with. In the short-term, I would still approach the stock with caution, because management still seems unsure how to fix Il Makiage’s advertising issues based on recent trends, so there could be more downside despite the positive impact of share buybacks.

$HIMS is the largest DTC care business, and the only one with global, Labs, and AI all already online, with peptides around the corner and an in-house peptide facility on standby. Meanwhile, the market is still pricing a boner pill company. I guess more time to accumulate until the market finally wakes up with one.