Not that I have a particular knowledge about Georgia, but I just can't see it becoming a red state again. Republicans might win it again, because of the unpopularity of the Biden administration.
However, for it to become a red state again, the Republicans would need to bring people together in their coalition, who just do not fit together, from my perspective. Bringing a growing metro like Atlanta (with high black %) together with southern conservative white rural areas would need such a complete change of coalition that I cannot see it happening in today's society.
It might not become a solid blue state as fast as some think, if Republicans manage do a bit better in Atlanta than expected, and vote Republican again in some elections, but I can't see it becoming a red state again, unless Atlanta starts shrinking again for some reason.
But that's actually how Dems stayed in power in GA for so long - building a coalition of rural white and black voters in south Georgia that was bolstered by traditionally Dem constituencies in ATL.
Then the Republicans took over by creating a new coalition of rural and suburban white voters.
Both of those coalitions pieced together seemingly divergent groups, but it worked -- at least for a while.
So, I guess my point is never say never. There have been stranger bedfellows
It's not completely impossible to happen at some point in the (far) future, of course.
But the way politics is polarised today, the topics of public discourse and the societal climate don't seem to point in any way towards those groups getting together in a coalition again.