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Investment

Stock Average Down Calculator

Buying more of a stock that has fallen lowers your average cost per share. Enter both purchases to see your new blended cost basis — the price the stock must reach for you to break even.

Your details

New average cost / share
$40.00
Total shares
200
Total invested
$8,000.00

First vs second purchase

$8.0KTotal
First purchase
$5,000.0063%
Second purchase
$3,000.0038%
New average cost / share$40.00

Formula

New average cost = (shares₁ × price₁ + shares₂ × price₂) ÷ (shares₁ + shares₂). Your break-even price equals this average cost.

How it works

Averaging down reduces your break-even price, but it also increases your position in a losing investment. It only pays off if the stock recovers — so it works best when your original thesis still holds, not just because the price dropped.

Frequently asked questions

What does averaging down mean?

Buying additional shares of a stock at a lower price than your first purchase, which lowers your average cost per share and your break-even point.

Is averaging down a good idea?

It can be, if you still believe in the investment — it lowers your break-even. But it also concentrates more money in a position that's already down, which raises your risk.

What's my break-even after averaging down?

It's your new average cost per share. The stock needs to rise back to that price for your combined position to break even.

Sources & methodology

Weighted-average cost across two purchases. Excludes commissions. Not investment advice.

Last updated: 2026-07-22
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