The score fell 1 point, mainly due to valuation and price changes. Price fell 1.7%, from $142.53 to $140.15.

Valuation and price changes subtracted 1.1 points. The comparison uses the same available inputs on both dates. Displayed changes are rounded to whole points.

Historical cheapness: current PE is 54.6× versus the full-history median of 58.2× shown in the valuation table, producing 54.4/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 55/100. The model applies a 13.2% earnings-growth assumption and a 10% annual return hurdle, with positive credit limited by evidence coverage and confidence.

Forward price scenarios use recent PE history separately. Recent history has a separately weighted median of 61.6× (18-month half-life). The favorable scenario uses 63.8× PE and $3 projected EPS, informed by growth, margins and earnings-quality checks. This is a model scenario, not an analyst target. A return to the full-history median is not assumed.

Business trends are strong. Over the past year: revenue +32.3%, earnings +35.2%. The business score is 68/100. Growth, margins and cash generation drive the score. Missing or older data receives less weight.

Stronger earnings and valuation could support a higher share price.

Our favorable case uses $2.95 of EPS and a 63.8× PE, suggesting a share price of about $188.24. Valuation history and outlook inform the PE.

The displayed favorable scenario is 43% upside, or about $188.25.

This is a scenario based on our model, not a forecast or probability.

Weaker than expected earnings could put pressure on the share price.

Our downside case uses $2.04 of EPS and a 51× PE, suggesting a share price of about $104.19 — 21% below today’s price. Valuation history and outlook inform the PE.

This is a scenario based on our model, not a forecast or probability.