This one feels like a 2021 stock. The growth is 4x faster than normal consumer stocks and 10x more expensive! How much is one willing to pay for that growth? The answer can’t be infinity. It’s a tough stock to value right now unless you actually model it yourself 3-5 years out. And that model should not solely be on a P/S basis. Would love to see piper sandlers model that gets them to their 76$ price target for 2024
