Franklin Street Properties Corp. (FSP) Fair Value 2026

FSP · REIT - Office ·

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

Quality Score

5.4 /10

32 fundamental signals · 4 models active

Value Trap Risk

WARN (54/100)

Quick Summary — As of 2026-08-28, Franklin Street Properties Corp. (FSP) trades at $0.41, versus a $0.89 median fair value across its 4 active models — 118.9% above the current price. QOC: 5.4/10. Value Trap Risk: 54/100 (WARN). 4/13 models active.

Key Facts

Ticker
FSP
Price
$0.41
Quality Score
5.4/10
Value Trap Risk
54/100
Models Active
4/13
Last Updated
Strength: CUCE Ensemble suggests +247.5% upside with 4% confidence
Risk: Value Trap score of 54 suggests caution despite apparent undervaluation

Is Franklin Street Properties Corp. (FSP) Undervalued or Overvalued in 2026?

According to CirclFi’s 4-model valuation engine, Franklin Street Properties Corp. (FSP) appears undervalued as of : the median of 4 independent fair value estimates is $0.89, 118.9% above the current price of $0.41. Estimates range from $0.23 to $1.61. FSP scores 5.4/10 on fundamental quality and 54/100 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. FSP’s +118.9% gap is wider than that market norm, and the REIT - Office sector median is -3.4%. 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 Franklin Street Properties Corp. Stock in 2026? →

What Fair Value Does Each Model Give FSP?

4 Intrinsic Value Models vs. Current Price ($0.41)

Core Models (Unlocked)
Model Fair Value Upside
Ensemble · Low Conviction
 $1.41 +247.5%
Intrinsic · High Conviction
 $0.37 -9.7%
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What Is FSP's Fair Value Range?

Spread across 4 independent models · $0.23 to $1.61

CirclFi's 4 active models place Franklin Street Properties Corp. (FSP) between $0.23 and $1.61 per share, a spread of 156% of the median. The median of that range — $0.89 — is the fair value CirclFi publishes for FSP, against a current price of $0.41.

Low · ML-RIVHigh · Dynamic NAV
$0.23median $0.89$1.61
Where the range comes from
Most bearish modelML Residual Income$0.23
Most bullish modelDynamic NAV$1.61
Model agreement2 bullish · 2 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for FSP. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on FSP, not a CirclFi price target. How each model works →

What Is Franklin Street Properties Corp. (FSP) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Franklin Street Properties Corp. presents a highly debated valuation profile at its current price of $0.41. The median intrinsic value is estimated at $0.89 (+118.9% median upside), masking a wide model spread between the 2 bullish models and 2 bearish models. Model dispersion is worth noting: Dynamic NAV targets $1.61 (+296.9%), versus ML-RIV at $0.23 (-44.1%). This +341.0% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About FSP?

4 of 13 models are currently active for FSP. Of these, 2 models suggest upside while 2 models suggest overvaluation. Taken together, their median fair value for FSP is $0.89 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does FSP Rank in REIT - Office?

Among 22 REIT - Office stocks, FSP ranks #19 by Quality of Company score. CirclFi's QOC score of 5.4/10 evaluates 32 fundamental signals. A score of 5.4 reflects mixed fundamentals.

Within the REIT - Office space, Franklin Street Properties Corp. competes in an environment where same-property NOI growth often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is FSP a Value Trap?

CirclFi's Value Trap algorithm assigns FSP a score of 54/100 (WARN). This is a warning signal. Additional research into recent 10-Q filings is recommended. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

4 of 13 models are active for Franklin Street Properties Corp.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi 32-factor quality framework, Franklin Street Properties Corp.'s fundamental quality profile registers 5.4/10. This mixed score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.

The gap between the most bullish and bearish model spans +341.0% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every FSP 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 FSP's 4 active models, average confidence is 43%. 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 Franklin Street Properties Corp. Stock in 2026? →

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

Which Similar REIT - Office Stocks Should You Also Analyze?

10 related REIT - Office stocks with 13-model coverage

HPPHudson Pacific Properties, Inc.QOC 5.5PDMPiedmont Realty Trust, Inc.QOC 5.4ONLOrion Properties Inc.QOC 5.8CMCTCreative Media & Community Trust CorporationQOC 4.5BDNBrandywine Realty TrustQOC 5.9OPIOffice Properties Income TrustQOC 4.4KRCKilroy Realty CorporationQOC 8.1OGCPEmpire State Realty OP, L.P.QOC 7.3AREAlexandria Real Estate Equities, Inc.QOC 6.4PSTLPostal Realty Trust, Inc.QOC 8.3

Read investment analysis: HPP · PDM · ONL · CMCT · BDN · OPI · KRC · OGCP · ARE · PSTL

Which Other Stocks Have a Similar Quality Score to FSP?

7 companies across all industries closest to FSP’s Quality of Company score of 5.4/10.

EDRYEuroDry Ltd.QOC 5.4BRFHBarfresh Food Group, Inc.QOC 5.4BTCSBTCS Inc.QOC 5.5CRTDCreatd, Inc.QOC 5.4HSDTSolana CompanyQOC 5.5INBSIntelligent Bio Solutions Inc.QOC 5.4NVDANVIDIA CorporationQOC 10.0

Read investment analysis: EDRY · BRFH · BTCS · CRTD · HSDT · INBS · NVDA

What Else Do Investors Ask About Franklin Street Properties Corp.’s Valuation?

What is Franklin Street Properties Corp.'s intrinsic value in 2026?

CirclFi puts Franklin Street Properties Corp. (FSP)'s intrinsic value at $0.89 — the median of 4 independent model estimates as of 2026-08-28, ranging from $0.23 to $1.61. The Quality of Company score is 5.4/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is FSP overvalued or undervalued right now?

At $0.41, 2 of 4 active models suggest FSP may be undervalued, while 2 indicate potential overvaluation. The median of all 4 fair value estimates is $0.89, 118.9% above the current price of $0.41 — a consensus view that FSP is undervalued. The assessment depends on which methodology best fits Franklin Street Properties Corp.'s business model in REIT - Office.

What does a Quality of Company score of 5.4 mean for FSP?

Franklin Street Properties Corp.'s QOC of 5.4/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on FSP?

CirclFi analyzes FSP 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 4 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on FSP?

Of the 4 models currently active on FSP, Dynamic NAV is the most bullish at $1.61 per share, and ML Residual Income is the most bearish at $0.23. CirclFi's published fair value for FSP is the median of that range, $0.89, not either extreme. The gap between the two ends equals 156% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is FSP a value trap in 2026?

Franklin Street Properties Corp.'s Value Trap score is 54/100 (WARN). This elevated score suggests the stock may look undervalued but faces deteriorating fundamentals — declining margins, rising debt, or shrinking revenue could make the apparent discount deceptive. Browse our ranked stock lists to compare value-trap scores across industries.

Cite this analysis — “According to CirclFi’s 4-model valuation engine, Franklin Street Properties Corp. (FSP) has a median fair value of $0.89 — 118.9% above the current price of $0.41 — as of 2026-08-28.” Source: circlfi.com/stock/FSP/ · Methodology
Primary sources for this FSP valuation
  • Financial statements: Franklin Street Properties Corp. 10-K and 10-Q filings on SEC EDGAR (CIK 0001031316) — 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 FSP as of ; valuations recomputed .

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