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Added to YB: 2026-05-06

Pitch date: 2026-05-01

RDVT [bullish]

Red Violet, Inc.

+1.72%

current return

Author Info

Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.

Company Info

Red Violet, Inc., an analytics and information solutions company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States.

Market Cap

$559.6M

Pitch Price

$39.52

Price Target

60.00 (+49%)

Dividend

N/A

EV/EBITDA

35.52

P/E

43.57

EV/Sales

5.75

Sector

Software

Category

growth

Show full summary:
SaaS Primer: The New Industrial Order - Red Violet, Inc.

RDVT: Data aggregation platform for fraud prevention/risk mitigation. ~90% usage-based rev (AI increases queries vs seat compression risk). 20% rev growth, expanding to 40-50% FCF margins vs 13% today (peers at 85-90% gross margin). 127 customers >$100K (+32% YoY), 108% net retention. $45M cash, no debt, active buybacks. Trading 25x EV/NTM EBIT, 30x FCF ex-SBC. Est 2029 PT $60 (~25% IRR).

Read full article (8 min)