The score fell 5 points, mainly due to valuation and price changes. Price fell 0.2%, from $78.08 to $77.91.

Valuation and price changes subtracted 4.9 points. The comparison uses the same available inputs on both dates. Displayed changes are rounded to whole points.

Historical cheapness: current PE is 77.8× versus the full-history median of 58.3× shown in the valuation table, producing 34.1/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 37.3/100. The model applies a 21.1% 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 73× (18-month half-life). The favorable scenario uses 82.1× PE and $1.3 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 +58.9%, earnings +2350%, operating margin +11.1 percentage points. Free cash flow is 21.8% of revenue. The business score is 92.3/100. 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 $1.29 of EPS and a 82.1× PE, suggesting a share price of about $105.79 — 38% 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 $0.83 of EPS and a 60× PE, suggesting a share price of about $49.76 — 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.

Historical cheapness: current PE is 24.4× versus the full-history median of 21.5× shown in the valuation table, producing 41.5/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 46.9/100. The model applies a 21.8% 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 22.4× (18-month half-life). The favorable scenario uses 24.6× PE and $20.4 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 mixed. Over the past year: revenue +6.5%, earnings -32.6%, operating margin -2.5 percentage points. Free cash flow is 5.2% of revenue. The business score is 45.6/100. 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 $20.39 of EPS and a 24.6× PE, suggesting a share price of about $500.50. Valuation history and outlook inform the PE.

The displayed favorable scenario is 32% upside, or about $500.40.

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 $13.45 of EPS and a 19.6× PE, suggesting a share price of about $262.95 — 31% below today’s price. Valuation history and outlook inform the PE.

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