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Dave NasdaqGM:DAVE Stock Report

Last Price

US$87.84

Market Cap

US$1.1b

7D

-4.2%

1Y

953.2%

Updated

22 Dec, 2024

Data

Company Financials +

Dave Inc.

NasdaqGM:DAVE Stock Report

Market Cap: US$1.1b

DAVE Stock Overview

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

DAVE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends0/6

Rewards

Earnings are forecast to grow 13.01% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 22.1%

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


My Notes

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Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 7 Analysts

Cash AI And New Partnerships Could Expand Offerings Despite Regulatory 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$107.29
FV
18.1% undervalued intrinsic discount
16.10%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
6users have followed this narrative
3 days ago author updated this narrative

Dave Inc. Competitors

LexinFintech Holdings

NasdaqGS:LX

US$971.7m

EZCORP

NasdaqGS:EZPW

US$641.6m

FinVolution Group

NYSE:FINV

US$1.8b

LendingClub

NYSE:LC

US$1.9b

Price History & Performance

Summary of share price highs, lows and changes for Dave
Historical stock prices
Current Share PriceUS$87.84
52 Week HighUS$108.50
52 Week LowUS$7.73
Beta3.54
1 Month Change1.83%
3 Month Change119.55%
1 Year Change953.24%
3 Year Change-72.44%
5 Year Changen/a
Change since IPO-71.99%

Recent News & Updates

Dave: Why I'm Long This Inflection Stock

Dec 16

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

Recent updates

Dave: Why I'm Long This Inflection Stock

Dec 16

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-4.2%-2.8%-2.4%
1Y953.2%47.3%23.3%

Return vs Industry: DAVE exceeded the US Consumer Finance industry which returned 47.3% over the past year.

Return vs Market: DAVE exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is DAVE's price volatile compared to industry and market?
DAVE volatility
DAVE Average Weekly Movement18.0%
Consumer Finance Industry Average Movement7.3%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
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 (18%) 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$1.12b
Earnings (TTM)US$41.25m
Revenue (TTM)US$319.36m

27.2x

P/E Ratio

3.5x

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:39
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dave Inc. is covered by 9 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary PrestopinoBarrington Research Associates, Inc.
Mark PalmerBenchmark Company
Harold GoetschB. Riley Securities, Inc.