DAVE: Reduced Credit Risks Will Drive Increased Confidence in Forward Projections

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

24 Sep 24

Updated

12 Dec 25

Views

340

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

145.7%

7D

14.1%

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1Y

145.7%

7D

14.1%

You can edit this narrative until Dec 13 8:10 AM. Then, changes will post as Updates.

Author's Valuation

US$306.3828.8% undervalued

AnalystConsensusTarget Fair Value

Shared on 12 Dec 25

DAVE: Reduced Credit Risk Will Drive Future Performance Ahead

Analysts have modestly raised their price target on Dave to about $300 per share, citing reduced risk around Q2 credit performance, easing concerns over JP Morgan and Plaid data pricing, and the potential for new growth avenues including 2026 product launches and a more efficient financing model. Analyst Commentary Bullish Takeaways Bullish analysts see the de-risking of Q2 credit performance as a key support for the higher valuation, arguing that improved credit visibility reduces downside to earnings estimates.

Shared on 28 Nov 25

Fair value Increased 7.50%

DAVE: Credit Improvements And Data Pricing Will Drive Performance Ahead

Dave's fair value estimate has been raised from $285 to $306.38. Analysts cite de-risked credit concerns, stabilized data pricing, and expectations for growth from new products and improved financing efficiency as reasons for the adjustment.

Shared on 05 Nov 25

Fair value Increased 4.83%

Analysts have increased their price target for Dave from $271.86 to $285.00. They cite reduced risks around credit, continued conservative forecasts, and new growth opportunities ahead as key drivers for the revision.

Shared on 08 Aug 25

Fair value Increased 13%

Dave’s valuation has climbed as a higher future P/E suggests optimism for growth despite a deteriorating net profit margin, driving the consensus analyst price target up from $241.43 to $271.00. What's in the News Raised 2025 GAAP operating revenue guidance to $505 million - $515 million from $460 million - $475 million.

Shared on 01 May 25

Fair value Increased 85%

Shared on 23 Apr 25

Fair value Decreased 0.79%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 44%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Increased 78%

Shared on 02 Apr 25

Fair value Increased 8.27%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Increased 3.53%

AnalystConsensusTarget has increased revenue growth from 13.3% to 18.5% and decreased profit margin from 14.5% to 12.7%.

Shared on 11 Mar 25

Fair value Decreased 43%

AnalystConsensusTarget has decreased revenue growth from 16.0% to 13.3%, increased profit margin from 12.5% to 14.5% and decreased future PE multiple from 34.8x to 31.2x.

AnalystConsensusTarget Fair Value

US$306.38

28.8% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

16.71%

Consumer Finance revenue growth rate

0.72%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

7.90%

Calculation

US$206.35m

Earnings '28

x

27.63x

PE Ratio '28

=

US$5.70b

Market Cap '28

US$5.70b

Market Cap '28

/

14.81m

No. shares '28

=

US$384.87

Share Price '28

US$384.87 Share Price '28

Discounted to 2025 @ 7.90% p.a.

=

US$306.40

Fair Value '25