Professional
Added to YB: 2025-12-18
Pitch date: 2025-12-16
RDNT [bearish]
RadNet, Inc.
+0.7%
current return
Author Info
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Company Info
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States and internationally.
Market Cap
$5.4B
Pitch Price
$71.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.95
P/E
-408.29
EV/Sales
3.39
Sector
Health Care Providers and Services
Category
N/A
RadNet: The AI Story That Doesn’t Add Up
RDNT (short): AI business is <5% of $1.5B revenue, mostly internal sales to own centers. Same-center growth inflated ~57% by closing nearby locations & shifting patients. Adjusted EBITDA excludes stock comp & R&D costs; corrected margins actually declining. Trades 19x EBITDA vs 8-10x historically. Insiders sold $51M shares, no buys since 2021.
Read full article (17 min)