Subject: Re: Valuation @ $250
Some numbers

2024 : $350B
2025 : $400B	x 7 = $2,800B	($233)
2026 : $460B	x 7 = $3,220B	($268)
2027 : $529B	x 7 = $3,703B	($308)

This would be roughly 15% annual revenue growth. Share price forecast is based on a P/S multiple of 7x. Could they grow revenues faster than 15%? In 2022 they had a growth spurt and had >20% growth rate for a while, so I guess its possible.

When I loaded up earlier this year, I was expecting a bounce back to more normal valuation levels - which has happened.

tecmo
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