Sezzle Valuation: Is the 46.8% Rally Too Far?

Sezzle's share price has risen 46.8% in 2025, driven by growing interest in buy now, pay later platforms and the company's focus on responsible lending and transparent fee structures. However, the stock scores only 2/6 on our valuation checks, suggesting it is overvalued based on the Excess Returns model, which estimates a 657.3% overvaluation relative to the current share price.