VirnetX Holding Corporation (VHC) Fair Value 2026

VHC · Software - Infrastructure ·

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

Quality Score

5.6 /10

32 fundamental signals · 2 models active

Value Trap Risk

LOW (28/100)

Quick Summary — As of 2026-08-27, VirnetX Holding Corporation (VHC) trades at $12.53, versus a $3.97 median fair value across its 2 active models — 68.3% below the current price. QOC: 5.6/10. Value Trap Risk: 28/100 (LOW). 2/13 models active.

Key Facts

Ticker
VHC
Price
$12.53
Quality Score
5.6/10
Value Trap Risk
28/100
Models Active
2/13
Last Updated
Strength: 2 independent models provide multi-angle coverage
Risk: Majority of models suggest overvaluation

Is VirnetX Holding Corporation (VHC) Undervalued or Overvalued in 2026?

According to CirclFi’s 2-model valuation engine, VirnetX Holding Corporation (VHC) appears overvalued as of : the median of 2 independent fair value estimates is $3.97, 68.3% below the current price of $12.53. Estimates range from $2.74 to $5.21. VHC scores 5.6/10 on fundamental quality and 28/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. VHC’s -68.3% gap is wider than that market norm, and the Software - Infrastructure sector median is -22.1%. 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 VirnetX Holding Corporation Stock in 2026? →

What Fair Value Does Each Model Give VHC?

2 Intrinsic Value Models vs. Current Price ($12.53)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $2.74 -78.1%
Asset-Based · Medium Conviction
 $5.21 -58.4%

All Models Active

All 2 models are displayed above.

What Is VirnetX Holding Corporation (VHC) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, VirnetX Holding Corporation's intrinsic value is estimated at $3.97, suggesting the stock is overvalued at its current price of $12.53. With 2 out of 2 models flagging downside (-68.3% vs price), the market may be pricing in unsustainable growth.

What Do the Models Say About VHC?

2 of 13 models are currently active for VHC. All 2 active models suggest the stock trades above fair value. Taken together, their median fair value for VHC is $3.97 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does VHC Rank in Software - Infrastructure?

Among 186 Software - Infrastructure stocks, VHC ranks #114 by Quality of Company score. CirclFi's QOC score of 5.6/10 evaluates 32 fundamental signals. A score of 5.6 reflects mixed fundamentals.

See all Most Undervalued Software - Infrastructure Stocks →

As a technology sector, VirnetX Holding Corporation operates in a sector where rule of 40 score is a critical driver of valuation. Investors evaluating VHC should weigh these sector-specific dynamics alongside our model-derived fair values.

Is VHC a Value Trap?

CirclFi's Value Trap algorithm assigns VHC 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

2 of 13 models are active for VirnetX Holding Corporation. 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, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, VirnetX Holding Corporation is rated at 5.6/10. This solid-tier score maintains reasonable quality metrics with some areas for improvement.

Models cluster within a tight range (+19.7% spread), increasing conviction. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every VHC 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 VHC's 2 active models, average confidence is 50%. Moderate confidence indicates reasonable fit.

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 VirnetX Holding Corporation Stock in 2026? →

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

Which Similar Software - Infrastructure Stocks Should You Also Analyze?

11 related Software - Infrastructure stocks with 13-model coverage

BLSHBullishQOC 5.6DTSSDatasea Intelligent Technology Ltd.QOC 5.6ATDSData443 Risk Mitigation, Inc.QOC 5.6AUIDauthID Inc.QOC 5.5MOVECorvex, Inc.QOC 5.6LIDRAEye, Inc.QOC 5.5OVTZOculus Inc.QOC 3.9PANWPalo Alto Networks, Inc.QOC 8.8USIOUsio, Inc.QOC 7.2FTNTFortinet, Inc.QOC 9.7QLYSQualys, Inc.QOC 9.7

Read investment analysis: BLSH · DTSS · ATDS · AUID · MOVE · LIDR · OVTZ · PANW · USIO · FTNT · QLYS

Which Other Stocks Have a Similar Quality Score to VHC?

6 companies across all industries closest to VHC’s Quality of Company score of 5.6/10.

KARXKarbon-X Corp.QOC 5.6EQEquillium, Inc.QOC 5.6VNJAVanjia CorporationQOC 5.6URGUr-Energy Inc.QOC 5.6INTJIntelligent Group LimitedQOC 5.6NVDANVIDIA CorporationQOC 10.0

Read investment analysis: KARX · EQ · VNJA · URG · INTJ · NVDA

Where Does VHC Sit in CirclFi's Software - Infrastructure Rankings?

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

See all Software - Infrastructure stocks ranked →

What Else Do Investors Ask About VirnetX Holding Corporation’s Valuation?

What is VirnetX Holding Corporation's intrinsic value in 2026?

CirclFi puts VirnetX Holding Corporation (VHC)'s intrinsic value at $3.97 — the median of 2 independent model estimates as of 2026-08-27, ranging from $2.74 to $5.21. The Quality of Company score is 5.6/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is VHC overvalued or undervalued right now?

At $12.53, 0 of 2 active models suggest VHC may be undervalued, while 2 indicate potential overvaluation. The median of all 2 fair value estimates is $3.97, 68.3% below the current price of $12.53 — a consensus view that VHC is overvalued. The assessment depends on which methodology best fits VirnetX Holding Corporation's business model in Software - Infrastructure.

What does a Quality of Company score of 5.6 mean for VHC?

VirnetX Holding Corporation's QOC of 5.6/10 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 VHC?

CirclFi analyzes VHC 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 VHC a value trap in 2026?

VirnetX Holding Corporation'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 →

Cite this analysis — “According to CirclFi’s 2-model valuation engine, VirnetX Holding Corporation (VHC) has a median fair value of $3.97 — 68.3% below the current price of $12.53 — as of 2026-08-27.” Source: circlfi.com/stock/VHC/ · Methodology
Primary sources for this VHC valuation
  • Financial statements: VirnetX Holding Corporation 10-K and 10-Q filings on SEC EDGAR (CIK 0001082324) — 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 VHC as of ; valuations recomputed .