DoubleVerify Holdings, Inc. logo DV - DoubleVerify Holdings, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 20
HOLD 12
SELL 1
STRONG
SELL
0
| PRICE TARGET: $13.38 DETAILS
HIGH: $15.50
LOW: $12.00
MEDIAN: $13.00
CONSENSUS: $13.38
UPSIDE: 36.11%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Strong
Trading 47.0% below fair value
Current Price $9.83
Bear Case $12.07 22.8% upside ($12.07 - $9.83) / $9.83 = 22.8% 9% stage 1 growth, 11% discount
Fair Value $18.55 88.7% upside ($18.55 - $9.83) / $9.83 = 88.7% 15% stage 1 growth, 11% discount
Bull Case $25.82 162.6% upside ($25.82 - $9.83) / $9.83 = 162.6% 20% stage 1 growth, 11% discount

Adjust Assumptions

15.3%
11.0%
3.0%

Key Value Driver

FCF growth rate (15% base case)

Terminal Value % of EV 43%
Implied Market Multiple 14.3x

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $13.38 from 33 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $18.55 per share.

Warnings

Stock-based employee pay equals 206% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
Wall Street's average price target is $13.38 (from 33 analysts). Our estimate is 55% above the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions