Dave Inc. provides a suite of financial products and services through its financial services platform. The company offers Budget, personal financial management tool that helps members with budgeting, and managing income and expenses; ExtraCash, a short-term liquidity alternative, which allows members to advance funds to their account through automated clearing house network and avoid a fee; Side Hustle, a job application portal to find supplemental or temporary work; and Surveys, which allows member to take paid surveys within the Dave mobile application. It also provides Dave Banking, a digital checking and demand deposit account. The company was founded in 2015 and is headquartered in Los Angeles, California.
Financial Triumph | Dave Inc. surpasses expectations with robust revenue growth, improved profitability, and a remarkable 990% year-to-date return, showcasing its financial resilience |
Innovative Edge | Explore Dave's unique cash-flow based underwriting and AI technology, setting it apart in the fintech sector and driving its competitive advantage |
Market Positioning | Delve into Dave's strategic moves, including pricing optimization and product expansion, as it navigates the competitive landscape and regulatory challenges |
Future Prospects | Analysts project continued growth with a $75 price target, as Dave eyes inclusion in the Russell 2000 index and explores new monetization opportunities |
Metrics to compare | DAVE | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipDAVEPeersSector | |
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P/E Ratio | 27.2x | 5.0x | 8.9x | |
PEG Ratio | 0.18 | −0.08 | 0.03 | |
Price/Book | 7.2x | 2.8x | 1.0x | |
Price / LTM Sales | 3.5x | 1.6x | 2.8x | |
Upside (Analyst Target) | 26.4% | 22.6% | 13.8% | |
Fair Value Upside | Unlock | 1.7% | 2.0% | Unlock |