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Stocks HIPO DCF valuation

DCF valuation

What is Hippo Holdings Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Hippo Holdings Inc.'s reported free cash flow gives $20.96 per share. The share price was $30.61 on September 25, 2026, 46% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$9.1M
Average free cash flow, last 5 years
-$71.5M
Cash
$244.5M
balance sheet of June 30, 2026
Debt
$0
not reported, counted as 0
Diluted shares, fiscal 2025
26,011,391
Revenue growth per year, last 4 years
73.6%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear10.0%6.0%2.0%10.0%$16.42-46%
Base15.0%9.0%2.5%9.0%$20.96-32%
Bull20.0%11.5%3.0%8.0%$29.40-4%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$24.39$25.46$26.77$28.41$30.51
8.0%$21.81$22.51$23.33$24.31$25.52
9.0%$19.94$20.41$20.96$21.60$22.35
10.0%$18.51$18.85$19.23$19.67$20.17
11.0%$17.40$17.65$17.92$18.23$18.59

Where the presets come from

Base: years 1 to 5 grow at Hippo Holdings Inc.'s revenue growth rate over the last 4 fiscal years (73.6% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Hippo Holdings Inc. company page