Market Pulse59Neutral

Dave Inc.Opportunity Rank #4(DAVE) Intrinsic Value & DCF Analysis (2026)

Sector: Technology

Current Price

$249.27

Last updated: May 08, 2026

Price vs Intrinsic Value

$249.27
Price
$545.93
Intrinsic Value
Undervalued by 119%MOS: $436.74

Fundamental Score

97/100
Bullish

Weighted across 6 signals

Narrative Score

64/100
Improving

No change vs previous

Trend Score

80/100
Strong

As of 2026-05-08

The intrinsic value of Dave Inc. (DAVE) is estimated at $545.93 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $249.27, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 15.16% long-term growth rate and an 11.45% discount rate, reflecting expected future free cash flow and cost of capital.

The intrinsic value of Dave Inc. (DAVE) is estimated at $545.93 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $249.27, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 15.16% long-term growth rate and an 11.45% discount rate, reflecting expected future free cash flow and cost of capital.

Valuation Details

$545.93
▲ 119.01% upside
20% margin of safety: $436.74
Years: 10Growth Rate: 15.16%
Want to create your own valuation? Create a free account.

Capital Efficiency

Average Quarterly ROIC
16.81%
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
119.0% discount to price
100
FCF Yield
9.8% trailing FCF yield
100
ROIC vs WACC
ROIC 16.8% vs WACC 8.0% (2.1x)
100
Net Debt / FCF
0.4x net debt to FCF
92
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

64/100
Improving
Vs 6-Month Baseline:Above Avg (74th pct)Weighted across 6 recent drivers
Trend: Improving upConfidence: 93%Updated: 16h ago
Sources: 57 (44 News · 13 Analyst)
Drivers(last 30 days)
35 news sentiment+1.3
5 regulatory scrutiny+0.0
2 upgrade headlines+0.0
Earnings beat+0.0
Macro headwinds+0.0
13 analyst reiterations0.0

Trend Details

80/100
StrongAs of 2026-05-08311 daily bars used
3M Relative Strength vs SPY+33.1%
21 EMA vs 50 EMA+9.2%
Price vs 50 EMA+12.0%
Price vs 21 EMA65 · +2.5%
Price vs 50 EMA91 · +12.0%
21 EMA vs 50 EMA95 · +9.2%
3M RS vs SPY100 · +33.1%
6M RS vs SPY40 · -3.6%
Distance from 52W High82 · -9.1%

Investment Coach

Updating... 1d ago
BUYConfidence: 81%
Thesis
Dave Inc. is significantly undervalued with a fair value estimate 116.7% above its current price, supported by a strong fundamental score of 97 and a robust ROIC exceeding its cost of capital by 8.8 percentage points. The company's improving narrative score and strong free cash flow growth further reinforce its bullish outlook.
Key Risk
A key risk is if the company's ROIC falls below its cost of capital, undermining its profitability and valuation thesis.
Signals To Watch
  • Valuation discount remains above 10%
  • ROIC stays above cost of capital over coming quarters
  • Narrative trend shows meaningful shifts in 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. 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.