Dave Inc. (DAVE)

NASDAQ: DAVE · Real-Time Price · USD
87.84
+1.12 (1.29%)
At close: Dec 20, 2024, 4:00 PM
86.50
-1.34 (-1.53%)
After-hours: Dec 20, 2024, 6:05 PM EST
1.29%
Market Cap 1.12B
Revenue (ttm) 319.36M
Net Income (ttm) 41.25M
Shares Out 12.76M
EPS (ttm) 3.12
PE Ratio 28.17
Forward PE 42.01
Dividend n/a
Ex-Dividend Date n/a
Volume 504,660
Open 83.19
Previous Close 86.72
Day's Range 81.00 - 88.71
52-Week Range 7.73 - 108.50
Beta 3.54
Analysts Strong Buy
Price Target 96.50 (+9.86%)
Earnings Date Nov 12, 2024

About DAVE

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 a... [Read more]

Sector Technology
Founded 2017
Employees 285
Stock Exchange NASDAQ
Ticker Symbol DAVE
Full Company Profile

Financial Performance

In 2023, Dave Inc.'s revenue was $259.09 million, an increase of 26.49% compared to the previous year's $204.84 million. Losses were -$48.52 million, -62.36% less than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for DAVE stock is "Strong Buy." The 12-month stock price forecast is $96.5, which is an increase of 9.86% from the latest price.

Price Target
$96.5
(9.86% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Banking app Dave, back from the brink, is this year's biggest gainer among financials with 934% surge

Fintech firm Dave came back from the brink of collapse, turned profitable and has consistently topped Wall Street analyst expectations. It's the top gainer for 2024 among U.S. financial stocks, with a...

23 hours ago - CNBC

Dave Appoints Kevin Frisch as Chief Marketing Officer

LOS ANGELES, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (Nasdaq: DAVE), one of the nation's leading neobanks, announced today that Kevin Frisch has been appointed Chief Marketing Officer. In this rol...

4 weeks ago - GlobeNewsWire

Dave Inc. (DAVE) Q3 2024 Earnings Call Transcript

Dave Inc. (NASDAQ:DAVE) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Jason Wilk - CEO Kyle Beilman - CFO Conference Call Participants Devin Ryan - Citizens JMP H...

5 weeks ago - Seeking Alpha

Dave Reports Record Third Quarter 2024 Results and Raises Full Year 2024 Guidance

Record Q3 Revenue up 41% Y/Y to $92.5 Million; Y/Y Revenue Growth Accelerates  for Fourth Consecutive Quarter Q3 Net Income Increases $12.5 Million Y/Y to $0.5 Million and Adj. EBITDA Increases $27.2 ...

5 weeks ago - GlobeNewsWire

These stocks could benefit from Trump's election victory, B. Riley says

Trump's victory could benefit a host of stocks from sectors such as coal mining, fintech, cryptocurrency and for-profit education, says B. Riley Securities.

6 weeks ago - Market Watch

Dave Announces Preliminary Financial Results for Third Quarter 2024 and Issues Statement Regarding FTC Matter

LOS ANGELES, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, today announced certain preliminary financial results for the q...

6 weeks ago - GlobeNewsWire

Dave to Report Third Quarter 2024 Results on November 12, 2024 at 5:00 p.m. ET

LOS ANGELES, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, November 12, 2024, at 5...

2 months ago - GlobeNewsWire

Dave: A Fintech With Long-Term Growth Potential

I see Dave as a company that is balancing growth with disciplined investments, making it an interesting investment opportunity. I acknowledge that the competitive landscape is intense, but I believe D...

2 months ago - Seeking Alpha

Dave to Participate in Upcoming Investor Conferences in September

LOS ANGELES, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, today announced that the Company will participate in three upco...

4 months ago - GlobeNewsWire

Small Caps Soar: 3 Russell 2000 Stocks Doubling Investor Wealth In 2024

In a year marked by market turbulence, small-cap stocks are grabbing headlines for their remarkable performances.

Other symbols: INODSOUN
4 months ago - Benzinga

Dave Inc. (DAVE) Q2 2024 Earnings Call Transcript

Dave Inc. (NASDAQ:DAVE) Q2 2024 Earnings Call Transcript August 6, 2024 8:30 AM ET Company Participants Jason Wilk - CEO Kyle Beilman - CFO Conference Call Participants Devin Ryan - Citizens JMP Jeff...

4 months ago - Seeking Alpha

Dave Reports Record Second Quarter 2024 Results

Record Q2 Revenue up 31% Y/Y to $80.1 Million; Y/Y Revenue Growth Accelerates  for Third Consecutive Quarter

4 months ago - GlobeNewsWire

Dave to Report Second Quarter 2024 Results on August 6, 2024 at 8:30 a.m. ET

LOS ANGELES, July 23, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, August 6, 2024 at 8:30 ...

5 months ago - GlobeNewsWire

Dave Issues Statement Regarding CFPB Proposal

LOS ANGELES, July 18, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, today issued a statement regarding a proposal from the Consumer...

5 months ago - GlobeNewsWire

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

Dave is a fintech company founded in 2016 by Jason Wilk, went public in late 2021 through a SPAC merger valued at $4bn. Dave's core product is a cash advance service with 2.2m monthly active users, ge...

6 months ago - Seeking Alpha

Dave: This Should Go Higher In 2024

Dave Inc. has resolved critical balance sheet problems and is now demonstrably profitable, reducing financial risk. Dave's products like CashAI and DaveGPT drive efficient member acquisition and reten...

6 months ago - Seeking Alpha

Dave Extends its Partnership with Drew League, LA's Pro-Am Basketball League

LOS ANGELES, June 03, 2024 (GLOBE NEWSWIRE) -- Dave (NASDAQ: DAVE), one of the nation's leading neobanks, announced an extension of its official partnership with the Drew League, Los Angeles' premiere...

7 months ago - GlobeNewsWire

Dave to Participate in the FT Partners Equity Research Weekly Forum on May 17th

LOS ANGELES, May 15, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, today announced that the Company will participate in the upcomin...

7 months ago - GlobeNewsWire

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

Dave Inc. is a neobank that offers various tools for young and financially struggling people to improve their financial situation. After reaching a peak valuation of $4 billion, DAVE crashed along wit...

7 months ago - Seeking Alpha

Dave to Participate in Upcoming Investor Conferences in May

LOS ANGELES, May 08, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, today announced that the Company will participate in two upcomin...

8 months ago - GlobeNewsWire

Dave Reports Record First Quarter 2024 Results

Record Q1 Revenue of $73.6 Million; Y/Y Revenue Growth Accelerates  for Second Consecutive Quarter Q1 GAAP Net Income Reaches $34.2 Million and Adj. EBITDA Increases to $13.2 Million Dave Raises 2024 ...

8 months ago - GlobeNewsWire

Dave: This Move Higher Is Not Done

I'm impressed by Dave's financial performance, showcasing a clear dedication to profitability and operational efficiency. The balance sheet is no longer a concern. There are enough positives to drive ...

8 months ago - Seeking Alpha

Dave to Report First Quarter 2024 Results on May 7, 2024 at 8:30 a.m. ET

LOS ANGELES, April 19, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, May 7, 2024 at 8:30 a....

8 months ago - GlobeNewsWire

Socure Releases Multi-Layered AI Defense System That Defeats Deepfakes and Other Identity Fraud in Under Two Seconds

INCLINE VILLAGE, Nev. , April 18, 2024 /PRNewswire/ --  Socure , the leading provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, today laun...

8 months ago - PRNewsWire

Dave to Participate in the FT Partners Equity Research Weekly Forum on March 22nd

LOS ANGELES, March 21, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, today announced that the Company will participate in the upcom...

9 months ago - GlobeNewsWire