Seems reasonable. Tom was very close to the vest with future projects. I think future EPS of $1.50 is conservative. You don't plan to double your workforce in a year unless you have a huge need.
Sentiment: Strong Buy
You are conservative. The stock should reach at least 26 by the end of year. In 2011, it reached 16 with just solar. I would say that was equivalent to 13 adjusted for dilution. Now solar comes back, it should be valued for 13 ONLY based on its solar business. Based on the sapphire deal, it should be valued at least the same as the solar part this year, so that will give 26. By the end of next year, it expected earning to reach $1 conservatively without considering the solar growth (management expected the sapphire will counts for 80% of the revenue). I would put 3:4, that would make the earning more like 1.6 per share. With P/E of 30, it should reach 48 per share.