Sep. 6 at 6:00 PM
$ONDS You can literally say that about every major growth stock in the market. That’s what valuation does — it discounts future earnings/cash flows.
For example look at some of the biggest companies in the market:
• TSLA — ~222x forward P/E
Obviously pricing in massive future execution around autonomy, robotaxis, robotics, AI, etc.
• AAPL — ~32x forward P/E
Still commanding a huge premium despite being a ~
$4T+ company, which requires investors to believe in continued future growth at enormous scale.
• AVGO — ~34x forward P/E
Pricing in continued extraordinary AI infrastructure growth and execution.
So yes — valuation requires future execution.
The actual question isn’t whether future execution is priced in.
The question is: Are the assumptions being priced in unrealistic?
“Future execution hasn’t happened yet” isn’t a valuation thesis.
It’s literally how the stock market works.
But good luck with your puts and or shorts
