What is StubHub Holdings, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on StubHub Holdings, Inc.'s reported free cash flow gives $18.56 per share. The share price was $5.44 on September 25, 2026, 71% 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 | 8.0% | 10.0% | $11.67 | +114% |
| Base | 13.0% | 9.0% | $18.56 | +241% |
| Bull | 18.0% | 8.0% | $31.40 | +477% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $23.72 | $25.32 | $27.28 | $29.73 | $32.88 |
| 8.0% | $19.85 | $20.89 | $22.12 | $23.59 | $25.39 |
| 9.0% | $17.03 | $17.74 | $18.56 | $19.51 | $20.65 |
| 10.0% | $14.88 | $15.39 | $15.96 | $16.62 | $17.37 |
| 11.0% | $13.21 | $13.58 | $13.99 | $14.46 | $14.99 |
Where the presets come from
Base: years 1 to 5 grow at StubHub Holdings, Inc.'s revenue growth rate over the last 2 fiscal years (13.0% 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