Market Pulse44Neutral

Dave Inc.Opportunity Rank #3(DAVE) Intrinsic Value & DCF Analysis (2026)

Sector: Technology

Current Price

$309.72

Last updated: Jun 23, 2026

Price vs Intrinsic Value

$309.72
Price
$562.46
Intrinsic Value
Undervalued by 82%MOS: $449.97

Fundamental Score

97/100
Bullish

Weighted across 6 signals

Narrative Score

39/100
Broken

+2 vs previous

Trend Score

96/100
Strong

As of 2026-06-22

The intrinsic value of Dave Inc. (DAVE) is estimated at $562.46 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $309.72, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 15.81% long-term growth rate and an 11.58% discount rate, reflecting expected future free cash flow and cost of capital.

The intrinsic value of Dave Inc. (DAVE) is estimated at $562.46 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $309.72, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 15.81% long-term growth rate and an 11.58% discount rate, reflecting expected future free cash flow and cost of capital.

Valuation Details

$562.46
▲ 81.60% upside
20% margin of safety: $449.97
Years: 10Growth Rate: 15.81%
Want to create your own valuation? Create a free account.

Capital Efficiency

Average Quarterly ROIC
20.56%
Cost of Capital (estimated)8%
Value StatusCreating Value

The company is earning a higher return on invested capital than it costs to raise that capital — a sign of strong, efficient value creation.

Complete historical ROIC is available with
.

Fundamental Details

97/100
BullishWeighted across 6 signals
DCF Discount
81.6% discount to price
100
FCF Yield
7.9% trailing FCF yield
100
ROIC vs WACC
ROIC 20.6% vs WACC 8.0% (2.6x)
100
Net Debt / FCF
0.3x net debt to FCF
94
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
219.5% 5Y FCF CAGR (adjusted)
100
Strengths lead the score: DCF Discount, FCF Yield.

Narrative Details

39/100
Broken
+2 vs previous · +1 new driversVs 6-Month Baseline:Low (4th pct)Weighted across 6 recent drivers
Trend: Improving upConfidence: 87%Updated: 4h ago
Sources: 69 (60 News · 9 Analyst)
Drivers(last 30 days)
3 earnings miss-1.0
48 news sentiment-0.4
Margin pressure+0.2
4 regulatory scrutiny+0.1
3 upgrade headlines+0.0
Earnings beat+0.0

Trend Details

96/100
StrongAs of 2026-06-22308 daily bars used
3M Relative Strength vs SPY+32.8%
6M Relative Strength vs SPY+46.4%
Price vs 50 EMA+19.8%
Price vs 21 EMA93 · +10.9%
Price vs 50 EMA97 · +19.8%
21 EMA vs 50 EMA93 · +8.0%
3M RS vs SPY100 · +32.8%
6M RS vs SPY99 · +46.4%
Distance from 52W High97 · -1.5%

Investment Coach

Updating... 12d ago
BUYConfidence: 80%
Thesis
Dave Inc. is significantly undervalued with an estimated fair value nearly 98% above its current price, supported by strong fundamentals including a high ROIC exceeding its cost of capital by 11.9 points and a healthy free cash flow yield of 9.0%. The company's improving narrative and robust financial metrics suggest strong growth potential and shareholder value creation.
Key Risk
A key risk is if the company's ROIC falls below its cost of capital, which could undermine its valuation and growth prospects.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Confirm ROIC stays above cost of capital over coming quarters.
  • Follow narrative trend for meaningful shifts in the score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 69.02%5 Year CAGR: 122.96%

Free Cash Flow (in millions)

TTM2025202420232022202120202019
$327$290$125$42-$36$6-$5-$8

How Intrinziq Estimates Fair Value

Intrinziq estimates Dave Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

Dave Inc.Technology

Dave Inc. manages a digital platform that delivers a comprehensive array of financial products and services. Among its key offerings is "Insights," a personal finance management solution designed to help members monitor their earnings and expenditures between salary payments. The company also provides "ExtraCash," a no-cost alternative to traditional overdrafts or short-term credit, which allows users to advance money to their accounts and bypass associated fees. Furthermore, its platform features "Side Hustle," an integrated portal for job applications. Dave Inc. also includes "Dave Banking," which operates as a digital checking and demand deposit account. Established in 2015, the firm is headquartered in West Hollywood, California.

Dave Inc. (DAVE) Intrinsic Value & DCF (2026) | Intrinziq