DCF Valuation
Base-case fair value
$345.98
Intrinsic $461.31 · 25% MOS
Current price: $84.28
Base-case summary
Our base-case DCF for Stride, Inc. (LRN) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 25.9% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $414M in trailing free cash flow, this produces an intrinsic value of $461.31 per share. A 25% safety margin gives a fair value of $345.98, suggesting the stock is currently 311% undervalued against the $84.28 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$414M
Cash & equivalents
$806M
Total debt
$547M
Shares outstanding
46M