Free DCF model

The Nvidia DCF model.

My 10-year valuation of Nvidia, the one from the video. The next three years follow analyst forecasts, the seven after are my own assumptions. Change the blue cells, everything else does the maths.

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Change the blue cells

Your assumptions, year by year: the blue input cells

See your value per share and margin of safety

What the business is worth: intrinsic value per share and margin of safety

What's inside

  • Nvidia's numbers from its latest annual report (10-K), with every source listed in the sheet.
  • Ten years of assumptions: analyst forecasts for the first three, my own after that.
  • Value per share against today's price, and a grid showing how the discount rate and long-term growth change the answer.

Works in Excel and Google Sheets. Figures from Nvidia's FY2026 annual report; analyst forecasts as of about 9 Nov 2026; price $178.67 on 9 Nov 2026. These are my own projections, not a price target. Educational only, not financial advice. Do your own research.