Why would the market offer a 50 P/E to a 20% grower? High-end would probably be 25 P/E at that point, making it around a 51b mkt cap.
Of course, my point is moot if they are still growing 35-40+ when they hit $10b/yr, which all the major cloud providers seem to be able to do easily thus far.
Finally - this board likely won’t be holding the stock thru 2028/2029, once growth dips under 50% per year, so also a moot point.
Dreamer