Calculate any company's market capitalization from its share price and shares outstanding, or figure out the price change needed to reach a target valuation.
Enter share price and shares outstanding to compute market capitalization.
Find the percentage change needed to go from one market cap to another.
Market capitalization is calculated by multiplying a company's current share price by its total number of shares outstanding. The formula is simple: Market Cap = Share Price × Shares Outstanding. For example, a company trading at $150 per share with 10 billion shares outstanding has a market cap of $1.5 trillion.
Shares outstanding can be found in a company's quarterly filings (10-Q or 10-K) or on financial data providers. Our calculator takes shares in billions for convenience — if a company has 15.5 billion shares, enter 15.5.
Market cap is the primary metric investors use to gauge a company's size and compare it to peers. It determines a company's weighting in major indices, its classification as large-cap or mega-cap, and often influences institutional investment decisions. Use the price target calculator above to model what share price a company would need to reach a specific valuation milestone — like joining the trillion-dollar club.