$UPLD What Could Drive a Return? Tiny float Bottomed chart $18 intrinsic value Daily Mac-d Low dilution per DT Upland has some compelling ingredients for a turnaround: approximately $186M in projected core revenue, $51.3M in projected adjusted EBITDA, a 27% EBITDA margin, 94% recurring core revenue, and relationships with 1,100+ enterprise customers, including major blue chip companies. Its $13B addressable market across knowledge management and content services, combined with its AI-powered document automation and enterprise knowledge management tools, creates an opportunity to unlock more value from an established software business. For UPLD to return to $18, it needs to stabilize revenue, turn its AI products into meaningful growth, maintain strong free cash flow, pay down debt, and improve investor confidence. If it executes, reduces financial risk, and earns a higher valuation multiple, a substantial re rating could follow. The biggest upside is that the business already has customers, recurring revenue, and cash generation the market needs to see those strengths translate into sustainable growth. $18 is a potential valuation scenario, even a return back to the $6s is a double