Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-64.32B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-38.26%.
Starting with -64.32B and growing at -38.26%
for 5 years, we estimate Free Cash Flow will be
-5.77B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 2M.
We will project this out 5 year(s) with a growth rate
of -5.61%.
Estimated Diluted Shares Outstanding: 1.5M.
Step 3: Project Future Stock Price
Using a price ratio of -6.62, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-5.77B ÷ 1.5M) × -6.62 =
$25439
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.74.
Projected over 5 years with a growth rate of
-24.81%, dividends add to total shareholder return.
Expected dividends in 5 years:
$6.716156062333936.
Step 5: Discount the Projected Stock Price
Projected stock price: $25439.
Including dividends, total future value: $25445.72.
Discounted at 10% per
year over 5 years → Fair Value:
$15799.
