What is CuriosityStream Inc. worth?
With the base-case assumptions below, a discounted cash flow model on CuriosityStream Inc.'s reported free cash flow gives $6.46 per share. The share price was $3.10 on September 25, 2026, 52% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 7.5% | 10.0% | $4.04 | +30% |
| Base | 12.5% | 9.0% | $6.46 | +108% |
| Bull | 17.5% | 8.0% | $11.29 | +264% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $8.32 | $8.89 | $9.60 | $10.47 | $11.60 |
| 8.0% | $6.93 | $7.30 | $7.74 | $8.27 | $8.92 |
| 9.0% | $5.91 | $6.17 | $6.46 | $6.81 | $7.21 |
| 10.0% | $5.15 | $5.33 | $5.53 | $5.77 | $6.04 |
| 11.0% | $4.54 | $4.68 | $4.82 | $4.99 | $5.18 |
Where the presets come from
Base: years 1 to 5 grow at CuriosityStream Inc.'s revenue growth rate over the last 5 fiscal years (12.6% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions