Rave Restaurant Group, Inc. (RAVE) Fair Value 2026

RAVE · Restaurants ·

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

Quality Score

8.5 /10

32 fundamental signals · 11 models active

Value Trap Risk

SAFE (12/100)

Quick Summary — As of 2026-08-28, Rave Restaurant Group, Inc. (RAVE) trades at $3.13, versus a $3.49 median fair value across its 11 active models — 11.5% above the current price. QOC: 8.5/10. Value Trap Risk: 12/100 (SAFE). 11/13 models active. Within that set, the Bayesian DCF component alone returns $5.98.

Key Facts

Ticker
RAVE
Price
$3.13
Quality Score
8.5/10
Value Trap Risk
12/100
Models Active
11/13
Last Updated
Strength: Bayesian DCF suggests +90.9% upside with 64% confidence
Risk: Limited model coverage (11/13) may reduce confidence

Is Rave Restaurant Group, Inc. (RAVE) Undervalued or Overvalued in 2026?

According to CirclFi’s 11-model valuation engine, Rave Restaurant Group, Inc. (RAVE) appears undervalued as of : the median of 11 independent fair value estimates is $3.49, 11.5% above the current price of $3.13. Estimates range from $0.56 to $5.98. RAVE scores 8.5/10 on fundamental quality and 12/100 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. RAVE’s +11.5% gap is narrower than that market norm, and the Restaurants sector median is -20.6%. 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 Rave Restaurant Group, Inc. Stock in 2026? →

What Fair Value Does Each Model Give RAVE?

11 Intrinsic Value Models vs. Current Price ($3.13)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $5.98 +90.9%
Intrinsic · High Conviction
 $1.63 -48.1%
Ensemble · Low Conviction
 $3.16 +1.1%
Intrinsic · High Conviction
 $1.77 -43.5%
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What Is RAVE's Fair Value Range?

Spread across 11 independent models · $0.56 to $5.98

CirclFi's 11 active models place Rave Restaurant Group, Inc. (RAVE) between $0.56 and $5.98 per share, a spread of 155% of the median. The median of that range — $3.49 — is the fair value CirclFi publishes for RAVE, against a current price of $3.13.

Low · Dynamic NAVHigh · Bayesian DCF
$0.56median $3.49$5.98
Where the range comes from
Most bearish modelDynamic NAV$0.56
Most bullish modelBayesian DCF$5.98
Model agreement6 bullish · 3 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 RAVE. 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 RAVE, not a CirclFi price target. How each model works →

What Is Rave Restaurant Group, Inc. (RAVE) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Rave Restaurant Group, Inc. presents a highly debated valuation profile at its current price of $3.13. The median intrinsic value is estimated at $3.49 (+11.5% median upside), masking a wide model spread between the 6 bullish models and 3 bearish models. Model dispersion is worth noting: Bayesian DCF targets $5.98 (+90.9%), versus Dynamic NAV at $0.56 (-82.1%). This +173.0% range highlights the importance of multi-model analysis rather than relying on any single methodology. Among models with highest confidence, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About RAVE?

11 of 13 models are currently active for RAVE. Of these, 7 models suggest upside while 4 models suggest overvaluation. Taken together, their median fair value for RAVE is $3.49 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $5.98 on its own, implying +90.9% upside from the current price. See which stocks rank higher →

How Does RAVE Rank in Restaurants?

Among 55 Restaurants stocks, RAVE ranks #7 by Quality of Company score. CirclFi's QOC score of 8.5/10 evaluates 32 fundamental signals. A score of 8.5 places RAVE in the top tier.

See all Most Undervalued Restaurants Stocks →

The Restaurants sector introduces analytical considerations specific to consumer-facing company businesses. For Rave Restaurant Group, Inc., metrics like gross margin expansion provide important context that general-purpose valuation models may underweight.

Is RAVE a Value Trap?

CirclFi's Value Trap algorithm assigns RAVE a score of 12/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

11 of 13 models are active for Rave Restaurant Group, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, Rave Restaurant Group, Inc. scores 8.5 out of 10 on our 32-signal quality assessment, a strong rating that demonstrates strong fundamentals across the majority of our quality signals. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +173.0% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every RAVE 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 RAVE's 11 active models, average confidence is 46%. 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 Rave Restaurant Group, Inc. Stock in 2026? →

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

Which Similar Restaurants Stocks Should You Also Analyze?

11 related Restaurants stocks with 13-model coverage

BROSDutch Bros Inc.QOC 8.7CAKEThe Cheesecake Factory IncorporatedQOC 8.5BDLFlanigan's Enterprises, Inc.QOC 8.8ARCOArcos Dorados Holdings Inc.QOC 8.5WINGWingstop Inc.QOC 8.9NATHNathan's Famous, Inc.QOC 8.4SHAKShake Shack Inc.QOC 7.8MBMasterBeef GroupQOC 6.8NDLSNoodles & CompanyQOC 5.1EATBrinker International, Inc.QOC 9.3CMGChipotle Mexican Grill, Inc.QOC 9.2

Read investment analysis: BROS · CAKE · BDL · ARCO · WING · NATH · SHAK · MB · NDLS · EAT · CMG

Which Other Stocks Have a Similar Quality Score to RAVE?

7 companies across all industries closest to RAVE’s Quality of Company score of 8.5/10.

CARTMaplebear Inc.QOC 8.5BDCBelden Inc.QOC 8.5APGAPi Group CorporationQOC 8.5RTXRTX CorporationQOC 8.5ONONOn Holding AGQOC 8.5MPCMarathon Petroleum CorporationQOC 8.5NVDANVIDIA CorporationQOC 10.0

Read investment analysis: CART · BDC · APG · RTX · ONON · MPC · NVDA

Where Does RAVE Sit in CirclFi's Restaurants Rankings?

RAVE is ranked against every other Restaurants stock CirclFi covers in each of these screens.

See all Restaurants stocks ranked →

What Else Do Investors Ask About Rave Restaurant Group, Inc.’s Valuation?

What is Rave Restaurant Group, Inc.'s intrinsic value in 2026?

CirclFi puts Rave Restaurant Group, Inc. (RAVE)'s intrinsic value at $3.49 — the median of 11 independent model estimates as of 2026-08-28, ranging from $0.56 to $5.98. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $5.98 on its own. The Quality of Company score is 8.5/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is RAVE overvalued or undervalued right now?

At $3.13, 7 of 11 active models suggest RAVE may be undervalued, while 4 indicate potential overvaluation. The median of all 11 fair value estimates is $3.49, 11.5% above the current price of $3.13 — a consensus view that RAVE is undervalued. The assessment depends on which methodology best fits Rave Restaurant Group, Inc.'s business model in Restaurants.

What does a Quality of Company score of 8.5 mean for RAVE?

Rave Restaurant Group, Inc.'s QOC of 8.5/10 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 RAVE?

CirclFi analyzes RAVE 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 11 of 13 are active for this stock. Read the full methodology →

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

Of the 11 models currently active on RAVE, Bayesian DCF is the most bullish at $5.98 per share, and Dynamic NAV is the most bearish at $0.56. CirclFi's published fair value for RAVE is the median of that range, $3.49, not either extreme. The gap between the two ends equals 155% 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 RAVE a value trap in 2026?

Rave Restaurant Group, Inc.'s Value Trap score is 12/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 11-model valuation engine, Rave Restaurant Group, Inc. (RAVE) has a median fair value of $3.49 — 11.5% above the current price of $3.13 — as of 2026-08-28.” Source: circlfi.com/stock/RAVE/ · Methodology
Primary sources for this RAVE valuation
  • Financial statements: Rave Restaurant Group, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000718332) — 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 RAVE as of ; valuations recomputed .

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