The score fell 1 point, mainly due to valuation and price changes. Price rose 0.5%, from $28.70 to $28.84. Reported EPS was unchanged, so the higher price reduced valuation support.

The comparison uses the same available inputs on both dates. Displayed changes are rounded to whole points.

Historical cheapness: current PE is 15× versus the full-history median of 17.1× shown in the valuation table, producing 55.6/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 56.1/100. The model applies a 11.6% 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 17.2× (18-month half-life). The favorable scenario uses 16.1× PE and $2.2 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 +11.5%, earnings +62.8%, operating margin +0.2 percentage points. Free cash flow is -0.4% of revenue. The business score is 63.8/100. 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 $2.22 of EPS and a 16.1× PE, suggesting a share price of about $35.62 — 29% above today’s price. Valuation history and outlook inform the PE.

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 $1.57 of EPS and a 14.2× PE, suggesting a share price of about $22.33 — 19% below today’s price. Valuation history and outlook inform the PE.

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

Historical cheapness: current PE is 27.6× versus the full-history median of 65.9× shown in the valuation table, producing 89.2/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 92/100. The model applies a 44.8% 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 50.5× (18-month half-life). The favorable scenario uses 33.9× PE and $12.3 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 +83.4%, earnings +125.4%, operating margin +7.1 percentage points. Free cash flow is 41.9% of revenue. The business score is 93.2/100. 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 $12.26 of EPS and a 33.9× PE, suggesting a share price of about $415.41 — 90% above today’s price. Valuation history and outlook inform the PE.

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 $7.09 of EPS and a 25.2× PE, suggesting a share price of about $178.98 — 18% below today’s price. Valuation history and outlook inform the PE.

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