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
Consensus looks for earnings of about $1.85 a share on revenue near $5.1B. Over the next twelve months analysts pencil in $7.26 of earnings per share against $4.57 over the last twelve, growth of about 59%. The median analyst target is $180 (range $104 to $208), 12% above the $160.85 share price, across 28 analysts.
How it has traded on past prints
Across the last 25 reports, the shares moved an average of +3.1% in the five sessions after the print and +1.6% over twenty. After a beat the average follow-through was +1.8%; after a miss, +0.1%.
Levels that matter
At $160.85 the shares sit 6% below the 52-week high of $171.25 and 31% above the low of $122.64 (79% of the way up the range). The 50-day average is $156.34, below the price. The 200-day average is $146.19, below the price.
Valuation going in
The shares trade close to our fair-value estimate (+1% margin of safety): fairly priced, little cushion for a miss. Our fair-value estimate is $162.61 against the current share price of $160.85. The shares trade at 37.4 times trailing earnings and 23.5 times forward earnings. Revenue is growing about 7% with net margins near 14%.
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 +0.12, five-day price change +0.1%, as of 2026-11-03, desk flow model).
This is analysis, not financial advice. Always manage your risk.
