Dave (DAVE) Stock Price, News & Analysis

Company Overview

Dave, Inc. is a digital banking service. Its products include a budgeting tool to help members manage their upcoming bills to avoid overspending, cash advances through its flagship ExtraCash product to help members avoid punitive overdraft fees, a Side Hustle product, where Dave helps connect members with supplemental work opportunities, and Dave Banking, a modern checking account experience with valuable tools for building long-term financial health. The company was founded by Jason Wilk, Paras Chitrakar, and John Wolanin in October 2015 and is headquartered in Los Angeles, CA.

Key Stats

• Today's Range: $227.65 to $246.94
• 50-Day Range: $191.00 to $282.49
• 52-Week Range: $28.74 to $286.45
• Volume: 393,160 shs
• Average Volume: 494,104 shs
• Market Capitalization: $3.27 billion
• P/E Ratio: 67.48
• Dividend Yield: N/A
• Price Target: $250.50
• Consensus Rating: Moderate Buy

Dave Stock Analysis - MarketRank™

Dave scored higher than 44% of companies evaluated by MarketBeat, and ranked 200th out of 305 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Dave has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Dave has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 171.96%

Earnings Growth

Earnings for Dave are expected to grow by 171.96% in the coming year, from $1.07 to $2.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Dave is 67.31, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 27.98.

Price to Earnings Ratio vs. Sector

The P/E ratio of Dave is 67.31, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 24.73.

Price to Book Value per Share Ratio

Dave has a P/B Ratio of 17.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.34% of the float of Dave has been sold short.

Short Interest Ratio / Days to Cover

Dave has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dave has recently increased by 6.25%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Dave does not currently pay a dividend.

Dividend Growth

Dave does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.34% of the float of Dave has been sold short.

Short Interest Ratio / Days to Cover

Dave has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dave has recently increased by 6.25%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.12

News Sentiment

Dave has a news sentiment score of -0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 47 news articles for Dave this week, compared to 9 articles on an average week.

Search Interest

44 people have searched for DAVE on MarketBeat in the last 30 days. This is an increase of 7% compared to the previous 30 days.

MarketBeat Follows

Only 18 people have added Dave to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Dave insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $62,575,325.00 in company stock.

Percentage Held by Insiders

28.48% of the stock of Dave is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 18.01% of the stock of Dave is held by institutions.

DAVE Stock Analysis - Frequently Asked Questions

How have DAVE shares performed this year?

Dave's stock was trading at $86.92 on January 1st, 2025. Since then, DAVE stock has increased by 180.2% and is now trading at $243.5640.

How were Dave's earnings last quarter?

Dave Inc. (NASDAQ:DAVE) issued its quarterly earnings data on Thursday, May, 8th. The fintech company reported $1.97 EPS for the quarter, topping analysts' consensus estimates of $0.82 by $1.15. Dave had a trailing twelve-month return on equity of 34.85% and a net margin of 13.75%.
Read the conference call transcript.

How will Dave's stock buyback program work?

Dave's Board of Directors approved a stock buyback program on Monday, March 10th 2025, which allows the company to buy back $50,000,000 in shares, according to EventVestor. This means that the company could purchase up to 3.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Who are Dave's major shareholders?

Top institutional investors of Dave include Robeco Institutional Asset Management B.V. (0.08%), Y Intercept Hong Kong Ltd (0.04%), Leavell Investment Management Inc. (0.03%) and AlphaQuest LLC (0.03%). Insiders that own company stock include 32 Fund 1 Lp Section, Jason Wilk, Kyle Beilman, Imran Khan, Yadin Rozov, Michael W Pope and Dan Preston.
View institutional ownership trends.

How do I buy shares of Dave?

Shares of DAVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Dave own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dave investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), e.l.f. Beauty (ELF) and Jabil (JBL).

Company Calendar

• Last Earnings: 5/08/2025
• Today: 8/04/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Banking
• Current Symbol: NASDAQ:DAVE
• Previous Symbol: NASDAQ:DAVE
• CIK: 1841408
• Web: www.dave.com
• Phone: 844-857-3283
• Fax: N/A
• Employees: 250
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Dave: $250.50
• High Price Target: $320.00
• Low Price Target: $177.00
• Potential Upside/Downside: +6.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.89
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.63
• Trailing P/E Ratio: 64.97
• Forward P/E Ratio: 220.28
• P/E Growth: N/A
• Net Income: $57.87 million
• Net Margins: 13.75%
• Pretax Margin: 14.88%
• Return on Equity: 34.85%
• Return on Assets: 20.90%

Debt

• Debt-to-Equity Ratio: 0.38
• Current Ratio: 8.59
• Quick Ratio: 8.59

Sales & Book Value

• Annual Sales: $347.10 million
• Price / Sales: 9.06
• Cash Flow: $5.08 per share
• Price / Cash Flow: 46.37
• Book Value: $14.01 per share
• Price / Book: 16.82

Miscellaneous

• Outstanding Shares: 13,340,000
• Free Float: 9,541,000
• Market Cap: $3.14 billion
• Optionable: Optionable
• Beta: 3.95