No. of Recommendations: 3
Thanks for sharing, I posted this on the Google board
tecmo writes on Long Term Valuation(3 valuation scenarios from Gemini)
Scenario 2031 FCF Yield Implied Market Cap Implied Share Price 5-Yr Annual Return (CAGR) Key Assumptions / Drivers
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Bull Case 1.5% Yield $20.33 Trillion $1,640 36.7% High market premium for dominant AI & Cloud ROIC.
Report Base Case 2.0% Yield $15.25 Trillion $1,230 29.1% Morgan Stanley standard 2.0% hyperscaler yield benchmark.
Bear Case 3.0% Yield $10.17 Trillion $820 19.1% Higher required yield due to elevated cost of capital.
tecmo
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