Historical cheapness: current PE is 23.8× versus the full-history median of 24.1× shown in the valuation table, producing 50.8/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 56.6/100. The model applies a 27.8% 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 24× (18-month half-life). The favorable scenario uses 25.7× PE and $1.4 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 +36.8%, earnings +125%, operating margin +3.6 percentage points. Free cash flow is -1.7% of revenue. The business score is 77/100. 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 $1.37 of EPS and a 25.7× PE, suggesting a share price of about $35.18. Valuation history and outlook inform the PE.

The displayed favorable scenario is 49.4% upside, or about $35.17.

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 $0.85 of EPS and a 17.3× PE, suggesting a share price of about $14.64 — 38% below today’s price. Valuation history and outlook inform the PE.

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