Educational use only — not investment advice. "Undervalued / fairly valued / overvalued" and every risk score reflect our models vs. price, which can be wrong or based on stale or incomplete data. Always review the company's own financials and SEC filings, and consult a licensed advisor, before acting.
APP
Deeply overvalued
AppLovin Corp
Price$419.70
Model IV$179.74
P/IV3.41
Premium +134%
Return to IV: -57.2%
Market implies +25.9%/yr
vs model +16.5% · above model
BIDU
Valuation N/A
Baidu, Inc.
Price$109.71
Model IV—
P/IV—
Limited data — see page
BLND
Valuation N/A
Blend Labs, Inc.
Price$1.63
Model IV—
P/IV—
Market implies +26.0%/yr
vs model +2.0% · above model
BMBL
Deeply undervalued
Bumble Inc.
Price$2.83
Model IV$37.89
P/IV0.08
Discount 93%
Return to IV: +1,238.8%
Market implies -35.7%/yr
vs model +11.9% · below model
BRAG
Valuation N/A
Bragg Gaming Group Inc.
Price$1.68
Model IV—
P/IV—
Limited data — see page
BTQ
Valuation N/A
BTQ Technologies Corp.
Price$4.10
Model IV—
P/IV—
Limited data — see page
BZ
Overvalued
Kanzhun Ltd
Price$16.47
Model IV$13.46
P/IV1.01
Premium +22%
Return to IV: -18.3%
Market implies +13.9%/yr
vs model +14.3% · in line
CDLX
Deeply overvalued
Cardlytics, Inc.
Price$3.65
Model IV$1.73
P/IV0.39
Premium +111%
Return to IV: -52.5%
Market implies +14.3%/yr
vs model +2.0% · above model
CEVA
Valuation N/A
CEVA INC
Price$38.67
Model IV—
P/IV—
Market implies +62.7%/yr
vs model +2.0% · above model
CNET
Deeply overvalued
ZW Data Action Technologies Inc.
Price$1.39
Model IV$0.95
P/IV0.70
Premium +46%
Return to IV: -31.5%
Market implies +2.1%/yr
vs model +2.0% · in line
CSAI
Deeply overvalued
CLOUDASTRUCTURE, INC.
Price$7.12
Model IV$0.91
P/IV0.54
Premium +685%
Return to IV: -87.3%
Market implies +33.5%/yr
vs model +50.0% · below model
CYCUW
Deeply undervalued
Cycurion, Inc.
Price$0.03
Model IV$7.22
P/IV0.00
Discount 100%
Return to IV: +26,640.7%
Market implies -50.0%/yr
vs model +15.0% · below model
DJT
Valuation N/A
Trump Media & Technology Group Corp.
Price$10.21
Model IV—
P/IV—
Market implies +128.4%/yr
vs model +15.0% · above model
DJTWW
Valuation N/A
Trump Media & Technology Group Corp.
Price$3.96
Model IV—
P/IV—
Market implies +42.4%/yr
vs model +50.0% · below model
DOCN
Valuation N/A
DigitalOcean Holdings, Inc.
Price$124.15
Model IV—
P/IV—
Market implies +32.9%/yr
vs model +20.4% · above model
DOYU
Deeply undervalued
DouYu International Holdings Ltd
Price$4.71
Model IV$23.27
P/IV0.23
Discount 80%
Return to IV: +394.6%
Market implies -31.6%/yr
vs model +2.0% · below model
DSP
Deeply overvalued
Viant Technology Inc.
Price$12.32
Model IV$5.10
P/IV2.50
Premium +142%
Return to IV: -58.6%
Market implies +20.6%/yr
vs model +11.5% · above model
DV
Fairly valued
DoubleVerify Holdings, Inc.
Price$13.21
Model IV$14.84
P/IV0.65
Discount 11%
Return to IV: +12.4%
Market implies +12.2%/yr
vs model +19.3% · below model
EVER
Undervalued
EverQuote, Inc.
Price$25.71
Model IV$34.74
P/IV0.55
Discount 26%
Return to IV: +35.1%
Market implies +5.1%/yr
vs model +13.0% · below model
FDS
Deeply undervalued
FACTSET RESEARCH SYSTEMS INC
Price$285.57
Model IV$486.55
P/IV0.50
Discount 41%
Return to IV: +70.4%
Market implies +1.9%/yr
vs model +10.5% · below model
FLUT
Deeply undervalued
Flutter Entertainment plc
Price$94.74
Model IV$135.57
P/IV0.14
Discount 30%
Return to IV: +43.1%
Market implies +8.7%/yr
vs model +17.7% · below model
FORTY
Fairly valued
FORMULA SYSTEMS (1985) LTD
Price$108.75
Model IV$100.03
P/IV1.33
Premium +9%
Return to IV: -8.0%
Market implies +11.6%/yr
vs model +13.5% · in line
GDEVW
Valuation N/A
GDEV Inc.
Price$0.00
Model IV—
P/IV—
Limited data — see page
GDS
Valuation N/A
GDS Holdings Ltd
Price$31.84
Model IV—
P/IV—
Limited data — see page
GIGM
Deeply overvalued
GIGAMEDIA Ltd
Price$1.48
Model IV$0.43
P/IV3.46
Premium +245%
Return to IV: -71.0%
Market implies +7.3%/yr
vs model +2.0% · above model
GITS
Valuation N/A
Global Interactive Technologies, Inc.
Price$2.14
Model IV—
P/IV—
Market implies +146.5%/yr
vs model +2.0% · above model
GMM
Valuation N/A
Global Mofy AI Ltd
Price$2.93
Model IV—
P/IV—
Market implies -13.1%/yr
vs model +25.0% · below model
GOAI
Deeply undervalued
Eva Live Inc
Price$1.77
Model IV$9.81
P/IV0.33
Discount 82%
Return to IV: +454.2%
Market implies -35.4%/yr
vs model +50.0% · below model
GOOG
Deeply overvalued
Alphabet Inc.
Price$353.47
Model IV$79.81
P/IV4.72
Premium +343%
Return to IV: -77.4%
Market implies +30.3%/yr
vs model +11.9% · above model
GOOGL
Valuation N/A
Alphabet Inc.
Price$354.30
Model IV—
P/IV—
Market implies +31.7%/yr
vs model +11.9% · above model
GRND
Deeply undervalued
Grindr Inc.
Price$16.58
Model IV$23.80
P/IV0.53
Discount 30%
Return to IV: +43.5%
Market implies +13.9%/yr
vs model +25.0% · below model
HCAT
Deeply undervalued
Health Catalyst, Inc.
Price$1.73
Model IV$4.85
P/IV0.28
Discount 64%
Return to IV: +180.5%
Market implies -18.0%/yr
vs model +6.5% · below model
HOLO
Deeply undervalued
MicroCloud Hologram Inc.
Price$1.55
Model IV$3.64
P/IV0.60
Discount 57%
Return to IV: +134.7%
Market implies -18.0%/yr
vs model +3.7% · below model
HOLOW
Deeply undervalued
MicroCloud Hologram Inc.
Price$0.08
Model IV$5.24
P/IV0.02
Discount 98%
Return to IV: +6,321.6%
Market implies -50.0%/yr
vs model +3.7% · below model
HQWWW
Valuation N/A
Horizon Quantum Holdings Ltd.
Price$5.40
Model IV—
P/IV—
Limited data — see page
HSTM
Undervalued
HEALTHSTREAM INC
Price$28.12
Model IV$39.69
P/IV0.63
Discount 29%
Return to IV: +41.2%
Market implies +1.0%/yr
vs model +7.8% · below model
HUYA
Deeply undervalued
HUYA Inc.
Price$2.43
Model IV$4.49
P/IV0.56
Discount 46%
Return to IV: +84.9%
Market implies -10.0%/yr
vs model +2.0% · below model
IAC
Valuation N/A
IAC Inc.
Price$44.53
Model IV—
P/IV—
Market implies +46.5%/yr
vs model -0.3% · above model
IPDN
Deeply undervalued
Professional Diversity Network, Inc.
Price$0.42
Model IV$2.89
P/IV0.25
Discount 85%
Return to IV: +587.5%
Market implies -45.3%/yr
vs model +2.0% · below model
IPM
Valuation N/A
INTELLIGENT PROTECTION MANAGEMENT CORP.
Price$1.85
Model IV—
P/IV—
Market implies +19.5%/yr
vs model -1.1% · above model
JF
Valuation N/A
J & Friends Holdings Ltd
Price$0.97
Model IV—
P/IV—
Market implies +89.8%/yr
vs model +12.0% · above model
JG
Valuation N/A
Aurora Mobile Ltd
Price$5.00
Model IV—
P/IV—
Limited data — see page
KNRX
Valuation N/A
KNOREX LTD.
Price$0.38
Model IV—
P/IV—
Limited data — see page
LAWR
Valuation N/A
Robot Consulting Co., Ltd.
Price$3.75
Model IV—
P/IV—
Limited data — see page
LCFY
Valuation N/A
Locafy Ltd
Price$2.38
Model IV—
P/IV—
Limited data — see page
LCFYW
Valuation N/A
Locafy Ltd
Price$3.99
Model IV—
P/IV—
Limited data — see page
LGCL
Valuation N/A
Lucas GC Ltd
Price$1.22
Model IV—
P/IV—
Market implies -50.0%/yr
vs model +15.0% · below model
META
Deeply overvalued
Meta Platforms, Inc.
Price$592.10
Model IV$263.70
P/IV2.40
Premium +125%
Return to IV: -55.5%
Market implies +24.2%/yr
vs model +16.2% · above model
MGNI
Deeply overvalued
MAGNITE, INC.
Price$24.72
Model IV$10.15
P/IV1.41
Premium +144%
Return to IV: -58.9%
Market implies +21.7%/yr
vs model +11.4% · above model
MTCH
Deeply undervalued
Match Group, Inc.
Price$36.61
Model IV$57.06
P/IV0.63
Discount 36%
Return to IV: +55.9%
Market implies +2.0%/yr
vs model +10.1% · below model
NBIS
Valuation N/A
Nebius Group N.V.
Price$187.97
Model IV—
P/IV—
Market implies +107.6%/yr
vs model +2.0% · above model
NEXN
Valuation N/A
Nexxen International Ltd.
Price$10.90
Model IV—
P/IV—
Limited data — see page
NIQ
Undervalued
NIQ Global Intelligence plc
Price$11.68
Model IV$14.61
P/IV0.57
Discount 20%
Return to IV: +25.1%
Market implies +6.4%/yr
vs model +12.1% · below model
NIXXW
Valuation N/A
Nixxy, Inc.
Price$0.00
Model IV—
P/IV—
Market implies +15.0%/yr
vs model +2.0% · above model
NXDR
Deeply overvalued
Nextdoor Holdings, Inc.
Price$2.54
Model IV$0.63
P/IV3.34
Premium +302%
Return to IV: -75.1%
Market implies +20.6%/yr
vs model +7.6% · above model
PINS
Deeply overvalued
PINTEREST, INC.
Price$23.68
Model IV$12.82
P/IV1.56
Premium +85%
Return to IV: -45.9%
Market implies +18.4%/yr
vs model +12.8% · above model
PODC
Deeply undervalued
PodcastOne, Inc.
Price$3.31
Model IV$6.10
P/IV0.81
Discount 46%
Return to IV: +84.4%
Market implies -11.9%/yr
vs model +22.7% · below model
PUBM
Deeply overvalued
PubMatic, Inc.
Price$17.78
Model IV$9.68
P/IV1.21
Premium +84%
Return to IV: -45.5%
Market implies +16.9%/yr
vs model +11.6% · above model
RGTIW
Valuation N/A
Rigetti Computing, Inc.
Price$8.02
Model IV—
P/IV—
Market implies +67.0%/yr
vs model +15.0% · above model
RMSG
Valuation N/A
Real Messenger Corp
Price$0.38
Model IV—
P/IV—
Limited data — see page
