How to calculate target price of a stock with negative trailing and forward p/e?
Yep, do a DCF to get a PV. That’s today’s price. To get a target price for a time in the future, grow it by the discount rate you used (less the dividend rate, or alternately, you could subtract the PV of cumulative dividends between now and whatever date you’ve targeted from the current PV before you grow it). That’s your best guess, given the information you know today that went into your DCF.