I think this article covers fundamentals, narrative, and financials pretty well.
Financials show disciplined scaling, strong cash flow, and a fortress balance sheet, justifying a premium valuation and supporting long-term viability.
With revenue accelerating 150% year-over-year to $191.9 million, the company’s scalable model translated this into a massive $75.2 million in non-GAAP operating profit.
Not sure about the author’s $160 support level, but I’m not a technical trader anyway. After making new ATHs recently, the stock is almost at that level.