Quick Overview

• Current Price: ~$70.36 (Near 52-wk low: $65.41)
• P/E Ratio: ~17.5x (Historically cheap for a $6B+ FCF machine)
• Catalyst: Q2 Earnings on Aug 4, 2026

Technical Indicators

• RSI (14): 38.2 (Oversold Zone) — Shows high selling exhaustion & prime bounce potential.
• MACD: Bullish crossover forming below zero line (signals momentum reversal).
• Volume Profile: Major Support node established at $66.00 – $69.00; low liquidity gap above $78 (quick move up if breached).

Price Targets

• 1 – 2 Weeks (Post-Earnings Volatility): $68.00 – $78.00
  • Bull Case: Clear $72 resistance $\rightarrow$ push to 50-SMA at $78.00.
  • Bear Case: Re-test support at $66.00.
• 3 – 4 Months (Medium-Term): $85.00 – $92.00 (+20% to +30% upside)
  • Driven by FCF expansion, Uber Eats/Ads growth, and Robotaxi fears fading.

Trade Setup

• Buy Zone: $68.50 – $71.00
• TP1: $77.50
• TP2: $88.00
• Stop-Loss: $64.50 (Below 52-wk low)