Historical cheapness: current PE is 26.2× versus the full-history median of 19.2× shown in the valuation table, producing 30.1/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 36/100. The model applies a 26% 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 22.6× (18-month half-life). The favorable scenario uses 25× PE and $1.5 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 mixed. Over the past year: revenue +23.1%, earnings -7.5%, operating margin -2.1 percentage points. Free cash flow is 5.8% of revenue. The business score is 57.3/100. 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 $1.52 of EPS and a 25× PE, suggesting a share price of about $37.97. Valuation history and outlook inform the PE.

The displayed favorable scenario is 30.2% upside, or about $37.98.

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 $0.96 of EPS and a 19.8× PE, suggesting a share price of about $18.97 — 35% below today’s price. Valuation history and outlook inform the PE.

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