Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
4.04B
as of Jun 28, 2025.
We will project this out 5 years with a yearly growth
rate of
54.18%.
Starting with 4.04B and growing at 54.18%
for 5 years, we estimate Free Cash Flow will be
35.22B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 1.62B.
We will project this out 5 year(s) with a growth rate
of 7.89%.
Estimated Diluted Shares Outstanding: 2.37B.
Step 3: Project Future Stock Price
Using a price ratio of 0, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(35.22B ÷ 2.37B) × 0 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.
Projected over 5 years with a growth rate of
n/a, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: n/a.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.