KPLT - Katapult: A Small Win Would Make Big Moves In The Stock As A Lot Of Risks Are Currently Priced In
- Katapult has unlocked a large addressable market to serve as 38% of the U.S consumer fall into the non-prime category.
- Katapult has the leading Artificial Intelligence and machine learning algorithms in the industry allowing them to create a proprietary risk-based model for ecommerce Point of Sale (POS) lease financing.
- Network effects and ease of scalability are both present in Katapult’s business model.
- We see an upside of 38.5% with an implied stock price of $5.47.
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Katapult: A Small Win Would Make Big Moves In The Stock As A Lot Of Risks Are Currently Priced In