Even if they expect a lot of spend on CAPEX, the market recognized their earnings and revenue growth. Which seems to be leading the stock higher.
The stock is now within the 720s after the market which is a key recognition of the fact that the market supports the CAPEX send for now.
This could be a significant shift in the perspective of the stock as even with high CAPEX, the trust is being established. It may run close to it’s all time high which is in the 800s.
With the acceleration of new products coming in 2026, it’s setting itself well to break and head towards the $1150 PT.
The plan and the FCF analysis remain similar. A few minor changes to cash and a slight change to CAPEX.
