Dave Inc (DAVE)

NASDAQ
Currency in USD
87.85
-1.47(-1.65%)
Closed
After Hours
87.06-0.79(-0.90%)
DAVE Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
87.4192.56
52 wk Range
11.80108.50
Key Statistics
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Prev. Close
89.32
Open
90.18
Day's Range
87.41-92.56
52 wk Range
11.8-108.5
Volume
230.44K
Average Volume (3m)
513.36K
1-Year Change
614.23%
Book Value / Share
12.25
Fair Value
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Fair Value Upside
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DAVE Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
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Price Target
110.86
Upside
+26.19%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings upwards for the upcoming period
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Dave Inc Company Profile

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.

Dave Inc SWOT Analysis


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
Read full SWOT analysis

Dave Inc Earnings Call Summary for Q3/2024

  • Record Q3 revenue of $93M, up 41% YoY; full-year guidance raised to $340-$343M
  • Adjusted EBITDA up 63% to $25M; 2024 guidance increased to $71-$74M
  • ExtraCash originations grew 46% YoY to $1.4B; new underwriting model improved credit performance
  • Strategic partnership with sponsor bank underway to enhance credit and banking products
  • Optimistic outlook despite potential FTC litigation; new credit product planned for 2024
Last Updated: 18/11/2024, 09:08 pm
Read Full Transcript

Compare DAVE to Peers and Sector

Metrics to compare
DAVE
Peers
Sector
Relationship
P/E Ratio
27.2x5.0x8.9x
PEG Ratio
0.18−0.080.03
Price/Book
7.2x2.8x1.0x
Price / LTM Sales
3.5x1.6x2.8x
Upside (Analyst Target)
26.4%22.6%13.8%
Fair Value Upside
Unlock1.7%2.0%Unlock

Analyst Ratings

7 Buy
0 Hold
0 Sell
Ratings:
7 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 110.86
(+26.19% Upside)

Earnings

Latest Release
Nov 12, 2024
EPS / Forecast
0.03 / -1.31
Revenue / Forecast
92.50M / 77.80M
EPS Revisions
Last 90 days

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FAQ

What Is the Dave Inc (DAVE) Stock Price Today?

The Dave Inc stock price today is 87.85

What Stock Exchange Does Dave Inc Trade On?

Dave Inc is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Dave Inc?

The stock symbol for Dave Inc is "DAVE."

What Is the Dave Inc Market Cap?

As of today, Dave Inc market cap is 1.12B.

What is Dave Inc Earnings Per Share?

The Dave Inc EPS is 3.34.

What Is the Next Dave Inc Earnings Date?

Dave Inc will release its next earnings report on 10 Mar 2025.

From a Technical Analysis Perspective, Is DAVE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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