Research watchlist

Bear / base / bull present values for every stock with a research note. Default sort is upside from the current price to the probability-weighted average. Click a name for the full structured report.

• Each name has a filing-first model with three operating paths (revenue, margins, EPS). Moving the discount slider does not re-forecast those paths.
• A scenario's future value is the model's terminal price (typically forward EPS × a scenario multiple, or EV minus net debt and other claims). Present value is future value / (1 + r)^years. Cash dividends collected on the way to the exit are omitted unless you check Include dividends. r is the slider rate and years is that model's horizon. Notes were written at 10–13%; the slider defaults to 10%, matching screener Fair Value.
• Target is the 12-month Street consensus mean (Yahoo / Finnhub), shown in the same currency as Price. It is a forward trading price, not a present value — the discount slider does not change it. % to Target is (target / live price) − 1.
• Avg value is the probability-weighted present value (bear × p_bear + base × p_base + bull × p_bull). The split column is those weights.
• Bear / base / bull are the three present values in one cell. Current P/E is the live trailing multiple when we have a quote, otherwise price divided by the latest modeled actual EPS. Bear/base/bull P/E is the multiple each scenario applies to forward EPS (or EV/Sales when the model is not a P/E).
• % to avg is (avg value / live price) − 1: how far the quote sits from that midpoint. The highlighted column is the default sort. The midpoint is a scenario average, not a price target — the bear–bull range matters more.