The HawkEye price ladder

Per-share value by scenario and market reference, $. Price on Oct 16, 2026: about $12.97.

Model rungs value FY2027 revenue x EV/revenue + net cash adjusted for FY27 cash flow, on a treasury-method diluted count. Our bear case is $7.85 and our probability-weighted value $10.85. Models, not forecasts.
Chart: Shawarma CapitalSource: Shawarma Capital model (treasury-method dilution, 109.4M diluted shares); analyst targets as published; company filingsGet the data Download image