Price Target Calculator
Compare manually entered P/E, equity cash-flow DCF, future EPS and analyst-target scenarios. DCF estimates a present value; future EPS estimates a price at your chosen horizon. Neither is an observed market forecast or a guaranteed return.
Enter a current price yourself; this page fetches no quotes
Trailing twelve months earnings per share
Expected P/E multiple (industry avg or historical)
P/E Ratio Method
Calculate target price by multiplying EPS by your target P/E ratio. Simple and widely used.
Above entered price
vs. Current Price $50.00
Calculation Details
Difference = (scenario price / entered current price − 1) × 100. This is neither expected return nor measured risk. Price-only CAGR excludes dividends, costs and taxes. Defaults and presets are illustrations, not company data or recommended assumptions.
Match Each Method to Its Inputs
All inputs are manual. Keep the currency, share basis, accounting period and valuation date consistent. The calculator does not retrieve filings, current prices or analyst research.
P/E Scenario
Price = positive EPS × positive target P/E. With EPS 3.50 and a multiple of 18, the result is 63.00; against an entered price of 50.00, the difference is 26%. This arithmetic does not establish that 18 is a justified multiple. This model rejects nonpositive EPS instead of treating a negative P/E as a comparable valuation.
Equity Cash-Flow DCF
The input is free cash flow to equity (FCFE), after reinvestment and debt cash flows. Discount it using the cost of equity. This pairing estimates equity value directly. An unlevered FCFF model instead uses the cost of capital and needs a bridge from firm value to equity; that separate model is not implemented here.
For each year t, FCFE(t) = FCFE(0) × (1 + growth)^t. The tool discounts each year-end amount and adds a terminal value at year N: FCFE(N) × (1 + terminal growth) / (cost of equity − terminal growth). The terminal value is then discounted N years. Divide the sum by the entered share count.
Use 1–10 whole projection years and a positive cost of equity exceeding terminal growth. Growth can be zero or negative but must exceed −100%. Rates are bounded at 1,000% to prevent unusable numeric inputs, not to endorse high assumptions. The model assumes constant growth within each stage, fixed shares and no separate nonoperating assets or dilution adjustments.
Future EPS Scenario
Future EPS = current positive EPS × (1 + annual growth)^years; future price = future EPS × future P/E. The displayed CAGR is the price-only compound rate needed to go from today's entered price to that future scenario. It is not discounted present value and excludes dividends, fees and taxes. Zero and negative growth scenarios are allowed above −100%.
Entered Analyst Targets
Enter low, median and high targets from the same source and comparable horizon, with low ≤ median ≤ high. The calculator uses your median directly; it does not derive it from the range or analyst count. The count is a note, not a confidence score. Check source dates, dispersion, methods and disclosures before relying on a target.
Inspect Sensitivity, Not Just One Output
Change growth, multiples and discount assumptions separately and compare results. A narrow gap between terminal growth and cost of equity can make terminal value dominate the DCF. A price below a model output does not by itself establish a buying opportunity, and agreement between methods can reflect shared assumptions.
Methods: Aswath Damodaran's valuation notes. Research context: SEC Investor.gov on analyst recommendations and disclosures.
Frequently Asked Questions
Does the calculator supply market or analyst data?
No. Prices, EPS, cash flows, multiples and analyst targets are manual inputs. Defaults are illustrative and are not observations about a named company.
What cash flow and discount rate does the DCF require?
Free cash flow to equity and the cost of equity. Do not use unlevered FCFF with WACC here: this model has no debt/cash bridge from enterprise value to equity value.
Is a positive price difference a reason to buy?
The difference describes your scenario, not a probability, expected return or recommendation. Review assumptions, valuation date, instrument risks and costs separately.
How accurate are analyst targets?
This page does not estimate target accuracy or an achievement rate. It displays the median you enter, subject to an ordered positive range; analyst count does not verify that median.
What happens with invalid inputs?
The page suppresses results and explains the invalid field or relation. Years must be whole numbers from 1 to 10; DCF cost of equity must exceed terminal growth; all required inputs must be finite and in range.
Turn a Reviewed Price Level Into a Testable Alert Rule
Explore Pineify tools for drafting Pine Script indicators from your rules. Review the generated code, test the condition and configure alerts in TradingView; this calculator does not create live alerts or broker orders.
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