Lease announcements haven't really been moving the stock. We signed $20.2 billion with $Meta Platforms, Inc.(META)$ for PF3 and DF1 and DF2, and the stock barely reacted. The market wants to see execution and real, massive revenue. It wants these contracts to turn into actual construction completion, turnovers, and a revenue ramp. When that happens, this thing is going to explode and re-rate violently. I don't think more lease signings alone will make it blow up. Construction completion and turnover to clients is what I believe will do it, once it starts happening in large numbers in 27 and 28.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
