Phaetrix (@phaetrix): "A lower multiple doesn’t automatically mean expectations are easy, it just means the market changed the starting point. If AI spend or enterprise demand slips even slightly, that 8% implied growth stops looking conservative and starts looking tight. Expectations reset before m…"

A lower multiple doesn’t automatically mean expectations are easy, it just means the market changed the starting point.

If AI spend or enterprise demand slips even slightly, that 8% implied growth stops looking conservative and starts looking tight.

Expectations reset before multiples expand.

I Re-Ran a DCF on the Magnificent 7 — Here’s What Changed

Apr 6

8:35 PM