Compared to its AI infrastructure peers, $Rum Group Inc(RUM)$ still looks ridiculously cheap.
Look at the market caps:
$Rum Group Inc(RUM)$ MKT CAP 2.75B
$NEBIUS(NBIS)$ MKT CAP around 60B
$CoreWeave, Inc.(CRWV)$ MKT CAP around 52B
$APPLIED DIGITAL CORP(APLD)$ MKT CAP around 11B
The new $Rum Group Inc(RUM)$ CFO Mike, from $Intel(INTC)$ , is talking about a $1B+ revenue run rate for the $Rum Group Inc(RUM)$ group.
You don't need Wall Street math to see the gap. The $Rum Group Inc(RUM)$ group is priced like a sideshow while peers trade like core AI infra.
When this re-rates to peer-type multiples, that 2.75B starting point is how you end up talking multi-bagger.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
