Earnings Preview · 26 October 2026
Where our screen stands going in
Fails the principled screen, Pending: Interest check. A strong business is not the same as a suitable one; for a values-conscious book this is a do-not-chase regardless of the print.
What the Street expects
Consensus looks for earnings of about $0.71 a share on revenue near $3.8B. Over the next twelve months analysts pencil in $3.18 of earnings per share against $2.23 over the last twelve, growth of about 43%. The median analyst target is $260 (range $219 to $292), 9% above the $239.00 share price, across 22 analysts.
How it has traded on past prints
Across the last 25 reports, the shares moved an average of +2.9% in the five sessions after the print and +4.3% over twenty. After a beat the average follow-through was +4.4%; after a miss, +4.0%. The post-earnings drift has been consistent: the first move has tended to keep going.
Levels that matter
At $239.00 the shares sit 6% below the 52-week high of $255.20 and 40% above the low of $171.25 (81% of the way up the range). The 50-day average is $233.79, below the price. The 200-day average is $216.95, below the price.
Valuation going in
The shares trade about 54% above our fair-value estimate: priced for things to go right. Our fair-value estimate is $155.44 against the current share price of $239.00. The shares trade at 105.2 times trailing earnings and 73.8 times forward earnings. Revenue is growing about 39% with net margins near 12%.
Our stance
We are not participants, the name fails our principled screen, so we watch it as a sentiment gauge, not a holding.
What the flow says going in
Underlying money flow is neutral (21-day Chaikin Money Flow -0.17, five-day price change +1.1%, as of 2026-10-23, desk flow model): no strong accumulation or distribution signature.
This is analysis, not financial advice. Always manage your risk.
