Perfect bounce for $BE off the trendline going back to July 2025 I think $BE can do $7+ of EPS in CY2027 which means at the lows today the stock was trading at less than 27x 2027 EPS with EPS potentially growing next year above +100% This is another stock that has become dislocated from the story, the fundamentals, the backlog, the tailwinds, management commentary, etc. During the Q2 earnings call management said the backlog was growing faster than revenues. They said it again on the Q3 earnings call yesterday afternoon which is why I think revs can grow at least 80% in CY2027 plus 250-300 bps of gross margin expansion which is why I think EPS growth will be above 100% We trimmed 10% of our $BE into earnings because it's hard to predict market reactions but the numbers were phenomena
View on X ↗