Jun. 5 at 7:53 PM
Posting this again while
$OUST is down 15% just reinforces the conviction.
My price target remains ~
$180.
The setup is straightforward:
~
$950M revenue by 2030
~41% CAGR from current levels
Slightly above management’s midpoint guidance
At
$180, that implies roughly a ~13x revenue multiple.
The question is whether that multiple is really stretched when revenue is still compounding at that rate.
Historically,
$CGNX traded at ~17x revenue while growing ~28%.
So the debate isn’t about short-term volatility, but whether the growth trajectory continues to justify the long-term valuation.
