Marcus & Millichap, Inc. (MMI) Fair Value 2026

MMI · Real Estate Agents & Managers (For Others) ·

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

Quality Score

6.6 /10

32 fundamental signals · 12 models active

Value Trap Risk

LOW (28/100)

Quick Summary — As of 2026-07-13, Marcus & Millichap, Inc. (MMI) trades at $30.50, approximately 81% above CirclFi’s Bayesian DCF fair value of $16.85. QOC: 6.6/10. Value Trap Risk: 28/100 (LOW). 12/13 models active.

Key Facts

Ticker
MMI
Price
$30.50
Quality Score
6.6/10
Value Trap Risk
28/100
Models Active
12/13
Last Updated
Strength: 12 independent models provide multi-angle coverage
Risk: Majority of models suggest overvaluation

Valuation Matrix

12 Intrinsic Value Models vs. Current Price ($30.50)

Core Models (Unlocked)
Model Fair Value Upside
Bayesian DCF
High Conviction
$16.85 -44.8%
Earnings Power Value
High Conviction
$26.47 -13.2%
CUCE Ensemble
Low Conviction
$26.01 -14.7%
First Chicago
High Conviction
$12.18 -60.1%

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What Is Marcus & Millichap, Inc. (MMI) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Marcus & Millichap, Inc.'s intrinsic value is estimated at $25.40, suggesting the stock is overvalued at its current price of $30.50. With 9 out of 12 models flagging downside (-16.7% average return), the market may be pricing in unsustainable growth. Model dispersion is worth noting: Markov DDM targets $60.82 (+99.4%), versus Dynamic NAV at $5.00 (-83.6%). This +183.0% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About MMI?

12 of 13 models are currently active for MMI. Of these, 3 models suggest upside while 9 models suggest overvaluation. The Bayesian DCF estimates MMI's intrinsic value at $16.85, implying -44.8% downside from the current price. See which stocks rank higher →

How Does MMI Rank in Real Estate Agents & Managers (For Others)?

Among 18 Real Estate Agents & Managers (For Others) stocks, MMI ranks #5 by Quality of Company score. CirclFi's QOC score of 6.6/10 evaluates 32 fundamental signals. A score of 6.6 indicates above-average quality.

As a real estate investment trust, Marcus & Millichap, Inc. operates in a sector where funds from operations (FFO) is a critical driver of valuation. Investors evaluating MMI should weigh these sector-specific dynamics alongside our model-derived fair values.

Is MMI a Value Trap?

CirclFi's Value Trap algorithm assigns MMI a score of 28/100 (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

12 of 13 models are active for Marcus & Millichap, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Marcus & Millichap, Inc. is rated at 6.6/10. This solid-tier score maintains reasonable quality metrics with some areas for improvement.

The gap between the most bullish and bearish model spans +183.0% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every MMI 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 MMI's 12 active models, average confidence is 38%. 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 Marcus & Millichap, Inc. Stock in 2026? →

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

Which Similar Real Estate Agents & Managers (For Others) Stocks Should You Also Analyze?

8 related Real Estate Agents & Managers (For Others) stocks with 13-model coverage

Read investment analysis: LHAI · BEKE · JLL · REAX · RMAX

Frequently Asked Questions About Marcus & Millichap, Inc.

What is Marcus & Millichap, Inc.'s intrinsic value in 2026?

Based on CirclFi's 13-model analysis, Marcus & Millichap, Inc. (MMI) has multiple fair value estimates. The Bayesian DCF model runs 10,000 Monte Carlo simulations with jump-diffusion to estimate intrinsic value at $16.85. The Quality of Company score is 6.6/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is MMI overvalued or undervalued right now?

At $30.50, 3 of 12 active models suggest MMI may be undervalued, while 9 indicate potential overvaluation. The assessment depends on which methodology best fits Marcus & Millichap, Inc.'s business model in Real Estate Agents & Managers (For Others).

What does a Quality of Company score of 6.6 mean for MMI?

Marcus & Millichap, Inc.'s QOC of 6.6/10 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 MMI?

CirclFi analyzes MMI 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 12 of 13 are active for this stock. Read the full methodology →

Is MMI a value trap in 2026?

Marcus & Millichap, Inc.'s Value Trap score is 28/100 (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 →

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