Earnings Preview · 04 November 2026
Where our screen stands going in
Screens compliant (both standards agree). A name values-conscious investors can weigh on the merits.
What the Street expects
Over the next twelve months analysts pencil in $6.98 of earnings per share against $5.42 over the last twelve, growth of about 29%. The median analyst target is $78 (range $69 to $79), 3% above the $75.88 share price, across 3 analysts.
How it has traded on past prints
Across the last 24 reports, the shares moved an average of +2.6% in the five sessions after the print and +5.6% over twenty. After a beat the average follow-through was +5.3%; after a miss, +6.8%. Misses have not been punished more than beats were rewarded, so the headline number alone has been a poor guide to the reaction here; guidance and the call matter more. The post-earnings drift has been consistent: the first move has tended to keep going.
Levels that matter
At $75.88 the shares sit 5% below the 52-week high of $80.25 and 96% above the low of $38.72 (89% of the way up the range). The 50-day average is $69.96, below the price. The 200-day average is $62.42, below the price.
Valuation going in
The shares trade about 11% above our fair-value estimate: priced for things to go right. Our fair-value estimate is $68.55 against the current share price of $75.88. The shares trade at 13.9 times trailing earnings and 10.8 times forward earnings. Revenue is growing about 46% with net margins near 16%.
Our stance
The name clears our screen; the print tells us whether the valuation is earning its keep.
What the flow says going in
Money has been flowing IN underneath a flat-to-lower price: quiet accumulation, the kind of positioning that tends to show up before a name moves, not after. (21-day Chaikin Money Flow +0.08, five-day price change -1.0%, as of 2026-11-03, desk flow model).
This is analysis, not financial advice. Always manage your risk.
