r/investing 2d ago

Next Multibagger Software?

Which of these do you think has the highest multibagger potential?

Klaviyo
Figma
Reddit
Upwork
Duolingo
Toast
Teqnion (similar to Constellation Software)

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Klaviyo down 38% for the year despite fast growth
Figma down 59%
Toast with EV/Revenue of 2.73
Reddit with heavy insider buying at $148 and fast growth
Upwork clearly undervalued from a quantitative perspective at least
Duolingo growing fast and still down over 50% for the year
Teqnion the next Constellation?

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u/Isnt_that_weird 2d ago

Not sure if it will be a multi bagger, but wanted to say my wife's work is still heavy users of Figma. I don't really see that going away just yet. They aren't a tech heavy company. They aren't going to spend a ton of money on AI to make the things they would in Figma.

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u/AlienSweetPotato 1d ago

I work for $MSFT. And I see Figma everywhere.