Market Pulse50Neutral

Dave Inc.Opportunity Rank #1(DAVE) Intrinsic Value & DCF Analysis (2026)

Sector: Technology

Current Price

$215.36

Last updated: Mar 24, 2026

Price vs Intrinsic Value

$215.36
Price
$469.57
Intrinsic Value
Undervalued by 118%MOS: $375.66

Fundamental Score

98/100
Bullish

Weighted across 6 signals

Narrative Score

65/100
Improving

+3 vs previous

The intrinsic value of Dave Inc. (DAVE) is estimated at $469.57 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $215.36, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 15.57% long-term growth rate and a 12.08% discount rate, reflecting expected future free cash flow and cost of capital.

The intrinsic value of Dave Inc. (DAVE) is estimated at $469.57 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $215.36, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 15.57% long-term growth rate and a 12.08% discount rate, reflecting expected future free cash flow and cost of capital.

Valuation Details

$469.57
▲ 118.04% upside
20% margin of safety: $375.66
Years: 10Growth Rate: 15.57%
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Capital Efficiency

Average Quarterly ROIC
19.58%
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

98/100
BullishWeighted across 6 signals
DCF Discount
118.0% discount to price
100
FCF Yield
10.2% trailing FCF yield
100
ROIC vs WACC
ROIC 19.6% vs WACC 8.0% (2.4x)
100
Net Debt / FCF
Net cash position
100
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
212.4% 5Y FCF CAGR (adjusted)
100
Strengths lead the score: DCF Discount, FCF Yield.

Narrative Details

65/100
Improving
+3 vs previous · +1 new driversVs 6-Month Baseline:Above Avg (65th pct)Weighted across 6 recent drivers
Trend: Deteriorating downConfidence: 89%Updated: 1h ago
Sources: 60 (53 News · 7 Analyst)
Drivers(last 30 days)
45 news sentiment+1.3
Macro headwinds+0.1
4 regulatory scrutiny+0.0
2 earnings beat+0.0
Margin pressure+0.0
7 analyst reiterations0.0

Investment Coach

Updated 11h ago
BUYConfidence: 81%
Thesis
Dave Inc. is significantly undervalued with a fair value estimate 110% above its current price, supported by a strong fundamental score of 98 and a ROIC substantially exceeding its cost of capital by 11.6 points. The company also demonstrates robust free cash flow growth and a supportive narrative score, indicating positive momentum despite a recent trend deterioration.
Key Risk
A key risk is the potential for the narrative trend to continue deteriorating, which could undermine investor confidence and valuation support.
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.
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Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 66.57%5 Year CAGR: 117.91%

Free Cash Flow (in millions)

TTM2025202420232022202120202019
$292$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. provides a suite of financial products and services through its financial service online platform. The company offers Insights, a personal financial management tool to manage income and expenses between paychecks for members; ExtraCash, a free overdraft and short-term credit alternative, which allows members to advance funds to their account and avoid a fee; and Side Hustle, a job application portal. It also provides Dave Banking, a digital checking and demand deposit account. The company was founded in 2015 and is based in West Hollywood, California.