At 1.7x trailing sales with a record 54.5% gross margin and positive adjusted EBITDA — WATCHLIST rather than BUY because two consecutive guidance cuts reset growth from 35% to low-teens and the share count rose 72% in a year; the 10-year math clears the 10x aim from here, but wait for Owlet360 subscribers past 150k and a flat share count before committing capital.

At 6.8x trailing P/S following a 43% drawdown from its July 2025 high, with record free cash flow and 325M+ still-growing subscribers — WATCHLIST because professional (non-founder) leadership and a maturing growth curve keep the 10-year bull case just under the framework's multibagger bar; worth tracking through the July 16 earnings print, not building a core position today.

At 2.7x trailing sales — down ~43% from its August 2025 high after a ~55% peak-to-trough drawdown — with GAAP profitability achieved (21% Q1 operating margin) and ToastIQ AI lifting attach across 171,000 locations, the restaurant-software category leader is screened like a slowing payments processor while compounding recurring gross profit above 30%; BUY into the drawdown with sub-5x entry discipline now fully met, adding on any retest of the low-$20s.

At ~80x trailing sales with a powerful AI-data-center power tailwind and three structural AI-disruption anchors — WATCHLIST not BUY because the entry valuation already prices substantial success and the company is pre-commercial cash-burn; track for a Pattern B/E pullback toward $10–13 before the math turns asymmetric.

At 6.3x trailing P/S after a ~57% slide from its IPO high, with FY2025 revenue up 97%, positive free cash flow, and a molecular database rivals cannot replicate — WATCHLIST while the 2026 growth-deceleration guidance plays through; the 10-year bull case already clears the 10x aim at today's price, and a dip toward ~5x P/S (~$14–15, the 52-week low) would flip this to BUY.