i think it most likely wont fully mature for that time frame. but all going to plan i definitely expect the type of progress along the way that will make the SP better valued at where it is at.
Just remember, all the R & D they are doing is invaluable. They may not be makng money yet, but the money spent to date is progressing the technology and getting it closer all the time to the goal. This has cost millions and millions to get to here. Plus all the equipment they hold and have access to, technology and partnerships they have made. Its happening all the time and its happening right now.
If the holy grail of being in a high volume smartphone within 5 years and with that would come a SP of well in excess of $100...then if they actually show a path to reaching that in the short to medium term future then there woud expected to be a massive re-rate, even at very tempting levels to sell out early
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