Fusemachines Inc. Common stock
NASDAQ: FUSE · TECHNOLOGY · SOFTWARE - APPLICATION
Updated 2026-05-01
Fusemachines Inc. Common stock (FUSE) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for FUSE.
Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.
FUSE historical valuation range
Where current P/E sits in FUSE's own 5Y range.
FUSE intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
FUSE valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
P/S Ratio — History
Current: 7.02x
Is FUSE overvalued in 2026?
Fusemachines Inc. Common stock (FUSE) currently trades at $1.70 per share with a market capitalization of $54,116,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 17/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
FUSE currently has no meaningful P/E ratio, which typically signals that the company is unprofitable, near breakeven, or emerging from a loss-making period. With a P/S ratio of 7.0x, the market is valuing the company primarily on its revenue rather than its earnings.
Looking at its own history, FUSE is currently trading cheaper than 100% of the last 5Y on P/E. This places it in the 0th percentile of its historical range, a level that has historically coincided with attractive entry points.
Our discounted cash flow model estimates FUSE's intrinsic value at $1.23 per share, against the current market price of $1.70. This implies a premium to fair value of -40.65%. The current price sits well above what projected cash flows justify, implying investors are paying for growth that has not yet materialized.
Financial quality is a concern. The Piotroski F-Score of 0/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.
Bottom line: FUSE appears richly valued on our framework, with a Smart Value Score of 17/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.
Frequently asked questions
Is FUSE overvalued in 2026?
Based on a Smart Value Score of 17/100, FUSE appears overvalued. Current price exceeds what fundamentals currently justify.
What is FUSE's fair value?
Our DCF model estimates FUSE's intrinsic value at $1.23 per share, versus the current price of $1.70. This produces a margin of safety of -40.65%.
What P/E ratio does FUSE trade at?
FUSE does not have a meaningful P/E ratio at this time, typically a sign of unprofitability or an ongoing earnings transition.
Is FUSE a buy based on valuation?
WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 17/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.
How does FUSE's valuation compare to its history?
On P/E, FUSE currently sits in the 0th percentile of its own 5Y range. That is historically cheap relative to where it has traded over the period.
What is FUSE's Smart Value Score?
FUSE's Smart Value Score is 17/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.