Is FIZZ or REED more undervalued in 2026?

CirclFi compares National Beverage Corp. (FIZZ) and Reed's, Inc. (REED) using 13 institutional-grade valuation models. FIZZ has a Quality of Company score of 9.3/10 while REED scores 5.1/10.

Which is a better buy — FIZZ or REED?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do FIZZ and REED valuations compare?

FIZZ at $36.99 and REED at $1.71 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

FIZZ vs REED Valuation Comparison 2026 — Intrinsic Value Analysis

FIZZ

Bottled & Canned Soft Drinks & Carbonated Waters

National Beverage Corp.

Quality

9.3

out of 10

Value Trap

SAFE

Price

$36.99

Last close

Models

12/13

Active

REED

Bottled & Canned Soft Drinks & Carbonated Waters

Reed's, Inc.

Quality

5.1

out of 10

Value Trap

SAFE

Price

$1.71

Last close

Models

10/13

Active

Model-by-Model Comparison

Model	Type	FIZZ Fair Value	FIZZ Upside	REED Fair Value	REED Upside
Bayesian DCF	Intrinsic	$30.54	-17.4%	$0.41	-76.3%
Earnings Power Value	Intrinsic	$19.04	-48.5%	$2.51	-32.1%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

🔒

Unlock Full 13-Model Comparison

Access all valuation models for FIZZ vs REED — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

FIZZ vs REED — Which Stock Is More Undervalued?

FIZZ scores higher with a 9.3/10 quality rating vs REED's 5.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing National Beverage Corp. (FIZZ) and Reed's, Inc. (REED) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

FIZZ currently trades at $36.99 with a QOC of 9.3/10, while REED trades at $1.71 with a QOC of 5.1/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).