Dave Inc. (DAVE) Fair Value 2026

DAVE · Software - Application ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.0 /10

32 fundamental signals · 2 models active

Value Trap Risk

LOW (33/100)

Quick Summary — As of 2026-08-28, Dave Inc. (DAVE) trades at $378.55, versus a $432.65 median fair value across its 2 active models — 14.3% above the current price. QOC: 8.0/10. Value Trap Risk: 33/100 (LOW). 2/13 models active.

Key Facts

Ticker
DAVE
Price
$378.55
Quality Score
8.0/10
Value Trap Risk
33/100
Models Active
2/13
Last Updated
Strength: Regime Cross-Sectional suggests +50.0% upside with 44% confidence
Risk: Limited model coverage (2/13) may reduce confidence

Is Dave Inc. (DAVE) Undervalued or Overvalued in 2026?

According to CirclFi’s 2-model valuation engine, Dave Inc. (DAVE) appears undervalued as of : the median of 2 independent fair value estimates is $432.65, 14.3% above the current price of $378.55. Estimates range from $297.62 to $567.68. DAVE scores 8.0/10 on fundamental quality and 33/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. DAVE’s +14.3% gap is narrower than that market norm, and the Software - Application sector median is -25.7%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Dave Inc. Stock in 2026? →

What Fair Value Does Each Model Give DAVE?

2 Intrinsic Value Models vs. Current Price ($378.55)

Core Models (Unlocked)
Model Fair Value Upside
Relative · Medium Conviction
 $567.68 +50.0%
Relative · Low Conviction
 $297.62 -21.4%

All Models Active

All 2 models are displayed above.

What Is Dave Inc. (DAVE) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Dave Inc.'s intrinsic value is estimated at a median $432.65, showing conflicting signals at the current price of $378.55. While the median implied return is +14.3%, model disagreement is elevated with a gap of +71.3% between the most bullish and bearish estimates. The most optimistic model, Regime Cross, places fair value at $567.68 (+50.0%), while FTNN — the most conservative — estimates $297.62 (-21.4%). This +71.3% gap reflects genuine analytical uncertainty about Dave Inc.'s intrinsic worth.

What Do the Models Say About DAVE?

2 of 13 models are currently active for DAVE. Of these, 1 model suggests upside while 1 model suggests overvaluation. Taken together, their median fair value for DAVE is $432.65 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does DAVE Rank in Software - Application?

Among 263 Software - Application stocks, DAVE ranks #71 by Quality of Company score. CirclFi's QOC score of 8.0/10 evaluates 32 fundamental signals. A score of 8.0 places DAVE in the top tier.

See all Most Undervalued Software - Application Stocks →

Dave Inc.'s positioning within the Software - Application segment means that net revenue retention (NRR) plays an outsized role in fundamental analysis. The sector's unique characteristics — including total addressable market (TAM) expansion — shape both the opportunity set and risk profile.

Is DAVE a Value Trap?

CirclFi's Value Trap algorithm assigns DAVE a score of 33/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

2 of 13 models are active for Dave Inc.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, Dave Inc. earns a quality score of 8.0/10. This robust rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +71.3% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every DAVE valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across DAVE's 2 active models, average confidence is 31%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Dave Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Software - Application Stocks Should You Also Analyze?

11 related Software - Application stocks with 13-model coverage

RNGRingCentral, Inc.QOC 8.1GRNDGrindr Inc.QOC 8.0HITHealth In Tech, Inc.QOC 8.1MTLSMaterialise NVQOC 8.0NATLNCR Atleos CorporationQOC 8.1EGHT8x8, Inc.QOC 8.0SVCOSilvaco Group, Inc.QOC 6.7UPYYUPAY, Inc.QOC 4.9PCTYPaylocity Holding CorporationQOC 9.6ADSKAutodesk, Inc.QOC 9.9PTCPTC Inc.QOC 9.8

Read investment analysis: RNG · GRND · HIT · MTLS · NATL · EGHT · SVCO · UPYY · PCTY · ADSK · PTC

Which Other Stocks Have a Similar Quality Score to DAVE?

7 companies across all industries closest to DAVE’s Quality of Company score of 8.0/10.

WFCFWhere Food Comes From, Inc.QOC 8.0MPLXMPLX LPQOC 8.0THRMGentherm IncorporatedQOC 8.0NOAHNoah Holdings LimitedQOC 8.0TMETencent Music Entertainment GroupQOC 8.0TGTTarget CorporationQOC 8.0NVDANVIDIA CorporationQOC 10.0

Read investment analysis: WFCF · MPLX · THRM · NOAH · TME · TGT · NVDA

Where Does DAVE Sit in CirclFi's Software - Application Rankings?

DAVE is ranked against every other Software - Application stock CirclFi covers in each of these screens.

See all Software - Application stocks ranked →

What Else Do Investors Ask About Dave Inc.’s Valuation?

What is Dave Inc.'s intrinsic value in 2026?

CirclFi puts Dave Inc. (DAVE)'s intrinsic value at $432.65 — the median of 2 independent model estimates as of 2026-08-28, ranging from $297.62 to $567.68. The Quality of Company score is 8.0/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is DAVE overvalued or undervalued right now?

At $378.55, 1 of 2 active models suggest DAVE may be undervalued, while 1 indicate potential overvaluation. The median of all 2 fair value estimates is $432.65, 14.3% above the current price of $378.55 — a consensus view that DAVE is undervalued. The assessment depends on which methodology best fits Dave Inc.'s business model in Software - Application.

What does a Quality of Company score of 8.0 mean for DAVE?

Dave Inc.'s QOC of 8.0/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on DAVE?

CirclFi analyzes DAVE with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 2 of 13 are active for this stock. Read the full methodology →

Is DAVE a value trap in 2026?

Dave Inc.'s Value Trap score is 33/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap. Browse stocks by value-trap risk →

Cite this analysis — “According to CirclFi’s 2-model valuation engine, Dave Inc. (DAVE) has a median fair value of $432.65 — 14.3% above the current price of $378.55 — as of 2026-08-28.” Source: circlfi.com/stock/DAVE/ · Methodology
Primary sources for this DAVE valuation
  • Financial statements: Dave Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001841408) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for DAVE as of ; valuations recomputed .