150$27 billion in free cash flow, then $170 billion and $180 billion in FCF for 2028 and 2029. That's $500 billion over the next three years, which is 42% of the market cap available for buybacks. Divide the stock price by 0.58, then apply a double P/E ratio to get to a reasonable level, though it would still be 55% of the market P/E.
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