Is HOTH or HRTX more undervalued in 2026?

CirclFi compares Hoth Therapeutics, Inc. (HOTH) and Heron Therapeutics, Inc. (HRTX) using 13 institutional-grade valuation models. HOTH has a Quality of Company score of 3.9/10 while HRTX scores 6.1/10.

Which is a better buy — HOTH or HRTX?

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 HOTH and HRTX valuations compare?

HOTH at $1.36 and HRTX at $0.89 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

HOTH vs HRTX Valuation Comparison 2026 — Intrinsic Value Analysis

HOTH

Biotechnology

Hoth Therapeutics, Inc.

Quality

3.9

out of 10

Value Trap

SAFE

Price

$1.36

Last close

Models

7/13

Active

HRTX

Biotechnology

Heron Therapeutics, Inc.

Quality

6.1

out of 10

Value Trap

SAFE

Price

$0.89

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	HOTH Fair Value	HOTH Upside	HRTX Fair Value	HRTX Upside
Bayesian DCF	Intrinsic	$0.48	-64.7%	$0.27	-69.6%
Earnings Power Value	Intrinsic	—	—	$0.16	-86.7%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$0.68	-50.0%	$0.20	-84.3%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%

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HOTH vs HRTX — Which Stock Is More Undervalued?

HRTX scores higher with a 6.1/10 quality rating vs HOTH's 3.9/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Hoth Therapeutics, Inc. (HOTH) and Heron Therapeutics, Inc. (HRTX) 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.

HOTH currently trades at $1.36 with a QOC of 3.9/10, while HRTX trades at $0.89 with a QOC of 6.1/10.

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).