Historical cheapness: current PE is 22.1× versus the full-history median of 19.3× shown in the valuation table, producing 40.7/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 41.4/100. The model applies a 12.3% 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 23.2× (18-month half-life). The favorable scenario uses 23.8× PE and $6.4 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 +17.3%, earnings +104%. Free cash flow is 7.3% of revenue. The business score is 70.1/100. 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 $6.42 of EPS and a 23.8× PE, suggesting a share price of about $153.00. Valuation history and outlook inform the PE.

The displayed favorable scenario is 30.8% upside, or about $152.97.

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 $4.46 of EPS and a 18.9× PE, suggesting a share price of about $84.37 — 28% below today’s price. Valuation history and outlook inform the PE.

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