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Dave NasdaqGM:DAVE Stock Report

Last Price

US$78.00

Market Cap

US$1.0b

7D

-13.7%

1Y

1,292.9%

Updated

20 Nov, 2024

Data

Company Financials +

Dave Inc.

NasdaqGM:DAVE Stock Report

Market Cap: US$1.0b

DAVE Stock Overview

Provides a suite of financial products and services through its financial services platform. More details

DAVE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance3/6
Financial Health4/6
Dividends0/6

Rewards

Revenue is forecast to grow 12.31% per year

Became profitable this year

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Shareholders have been diluted in the past year

Large one-off items impacting financial results


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Cash AI Innovation Fuels Growth But FTC Suit And Competition Pose Risks

Key Takeaways Improved credit performance and strategic partnerships enhance Dave's product offerings and revenue potential, boosting net margins and profitability. Efficient acquisition strategies, reduced CAC, and new revenue models increase growth and earnings potential through expanded user engagement.
View narrative
US$87.71
FV
11.1% undervalued intrinsic discount
13.78%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
Updated narrative

Dave Inc. Competitors

FinVolution Group

NYSE:FINV

US$1.6b

EZCORP

NasdaqGS:EZPW

US$655.8m

PRA Group

NasdaqGS:PRAA

US$880.0m

LendingClub

NYSE:LC

US$1.7b

Price History & Performance

Summary of all time highs, changes and price drops for Dave
Historical stock prices
Current Share PriceUS$78.00
52 Week HighUS$94.96
52 Week LowUS$5.60
Beta2.84
11 Month Change78.16%
3 Month Change103.02%
1 Year Change1,292.86%
33 Year Change-75.63%
5 Year Changen/a
Change since IPO-75.13%

Recent News & Updates

Dave Inc.'s (NASDAQ:DAVE) 86% Share Price Surge Not Quite Adding Up

Nov 20
Dave Inc.'s (NASDAQ:DAVE) 86% Share Price Surge Not Quite Adding Up

Dave: A Fintech With Long-Term Growth Potential

Oct 11

Dave Inc.'s (NASDAQ:DAVE) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Oct 06
Dave Inc.'s (NASDAQ:DAVE) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Recent updates

Dave Inc.'s (NASDAQ:DAVE) 86% Share Price Surge Not Quite Adding Up

Nov 20
Dave Inc.'s (NASDAQ:DAVE) 86% Share Price Surge Not Quite Adding Up

Dave: A Fintech With Long-Term Growth Potential

Oct 11

Dave Inc.'s (NASDAQ:DAVE) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Oct 06
Dave Inc.'s (NASDAQ:DAVE) Price Is Right But Growth Is Lacking After Shares Rocket 25%

A Look At The Intrinsic Value Of Dave Inc. (NASDAQ:DAVE)

Sep 10
A Look At The Intrinsic Value Of Dave Inc. (NASDAQ:DAVE)

Dave: ~$30 Represents A More Sensible Terrain To Own This Fintech Disruptor

Sep 03

Dave's (NASDAQ:DAVE) Earnings Are Weaker Than They Seem

Aug 14
Dave's (NASDAQ:DAVE) Earnings Are Weaker Than They Seem

Dave Is An Underappreciated Fintech With $10+ Of EPS Potential In 2025

Jul 03

Dave: This Former Meme Stock Is Now Profitable And Cheap Until $70

May 13

Further Upside For Dave Inc. (NASDAQ:DAVE) Shares Could Introduce Price Risks After 41% Bounce

May 09
Further Upside For Dave Inc. (NASDAQ:DAVE) Shares Could Introduce Price Risks After 41% Bounce

Dave: This Move Higher Is Not Done

Apr 23

Dave Inc. (NASDAQ:DAVE) Soars 43% But It's A Story Of Risk Vs Reward

Mar 07
Dave Inc. (NASDAQ:DAVE) Soars 43% But It's A Story Of Risk Vs Reward

Dave: Ready To Move Higher In 2024

Feb 26

Dave: Do Not Short The Blistering Rally Of This Neobank

Feb 12

Market Might Still Lack Some Conviction On Dave Inc. (NASDAQ:DAVE) Even After 27% Share Price Boost

Jan 17
Market Might Still Lack Some Conviction On Dave Inc. (NASDAQ:DAVE) Even After 27% Share Price Boost

Dave Inc. (NASDAQ:DAVE) Doing What It Can To Lift Shares

Nov 14
Dave Inc. (NASDAQ:DAVE) Doing What It Can To Lift Shares

Earnings Update: Dave Inc. (NASDAQ:DAVE) Just Reported And Analysts Are Trimming Their Forecasts

Mar 09
Earnings Update: Dave Inc. (NASDAQ:DAVE) Just Reported And Analysts Are Trimming Their Forecasts

Dave names new technology chief

Sep 06

Dave Grows Member Base As Economic Conditions Tighten

Jul 14

Is Dave Stock A Buy, Sell, Or Hold Now? There Are Reasons To Be Skeptical

Mar 29

Shareholder Returns

DAVEUS Consumer FinanceUS Market
7D-13.7%-0.7%-1.0%
1Y1,292.9%69.0%30.3%

Return vs Industry: DAVE exceeded the US Consumer Finance industry which returned 70.3% over the past year.

Return vs Market: DAVE exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is DAVE's price volatile compared to industry and market?
DAVE volatility
DAVE Average Weekly Movement16.9%
Consumer Finance Industry Average Movement7.3%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: DAVE's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: DAVE's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2015285Jason Wilkdave.com

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.

Dave Inc. Fundamentals Summary

How do Dave's earnings and revenue compare to its market cap?
DAVE fundamental statistics
Market capUS$1.04b
Earnings (TTM)US$41.25m
Revenue (TTM)US$319.36m

24.1x

P/E Ratio

3.1x

P/S Ratio

Is DAVE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DAVE income statement (TTM)
RevenueUS$319.36m
Cost of RevenueUS$134.97m
Gross ProfitUS$184.39m
Other ExpensesUS$143.14m
EarningsUS$41.25m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.23
Gross Margin57.74%
Net Profit Margin12.92%
Debt/Equity Ratio48.1%

How did DAVE perform over the long term?

See historical performance and comparison