-86%

est. 2Y upside i

Media & Comms

Rank

#3648

Sector

Media and Entertainment

Est. Liquidity

~2Y

Data Quality

Data: Low

Given the stale $3.5B valuation and $3.7B total funding, common equity effectively has no current value.

Last updated: July 21, 2026

Bull (15%)-5%

Exit multiple holds at 7x on $551M revenue yields $3.86B exit; after 15% dilution and preference stack, common returns ~-5%.

Base (45%)-100%

Exit multiple converges to 1.5x (public comp average) yielding $827M exit; below $3.7B liquidation preference, common gets nothing.

Bear (40%)-100%

Exit multiple compresses to 0.5x yielding $276M exit; far below preference stack, common value zero.

Est. time to liquidity~2.0 years

Preference Stack Risk

severe

Funding Intensity

10570%

Total funding of $3.7B exceeds current valuation of $3.5B, implying common stock currently has no residual value.

Dilution Risk

moderate

15% dilution assumed from option pool expansion.

Secondary Liquidity

none

No secondary market data available.

Questions to Ask at the Interview

Strategic questions based on Legendary's data — designed to show you've done your homework.

  • 1

    “How would you value Legendary's IP library versus major studio competitors?”

  • 2

    “What are the primary revenue drivers and margin structures in film production?”

  • 3

    “Given the capital structure, how would you negotiate equity compensation to account for preference overhang?”

Community

Valuation Sentiment

Our model estimates -86% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.