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 $56.24 of earnings per share against $36.77 over the last twelve, growth of about 53%. The median analyst target is $2250 (range $1750 to $2800), 33% above the $1695.65 share price, across 26 analysts.
How it has traded on past prints
Across the last 25 reports, the shares moved an average of +1.8% in the five sessions after the print and +1.3% over twenty. After a beat the average follow-through was +4.6%; after a miss, -3.7%.
Levels that matter
At $1695.65 the shares sit 30% below the 52-week high of $2428.00 and 13% above the low of $1495.00 (22% of the way up the range). The 50-day average is $1859.29, above the price. The 200-day average is $1825.20, above the price.
Valuation going in
The shares trade close to our fair-value estimate (+3% margin of safety): fairly priced, little cushion for a miss. Our fair-value estimate is $1743.63 against the current share price of $1695.65. The shares trade at 45.1 times trailing earnings and 29.5 times forward earnings. Revenue is growing about 50% with net margins near 5%.
Our stance
The name clears our screen; the print tells us whether the valuation is earning its keep.
What the flow says going in
Underlying money flow is neutral (21-day Chaikin Money Flow +0.21, five-day price change -1.1%, as of 2026-11-03, desk flow model): no strong accumulation or distribution signature.
This is analysis, not financial advice. Always manage your risk.
