DAVE

Dave Inc

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Advanced Chart

245.020

+4.82(2.007%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

246.100

Open

238.490

VWAP

239.93

Vol

53.65K

Mkt Cap

3.20B

Low

236.000

Amount

12.87M

EV/EBITDA(TTM)

44.42

Total Shares

12.34M

3.19B

EV/OCF(TTM)

20.99

P/S(TTM)

8.92

Dave Inc. specializes in neobanking and financial technology (fintech) services. The Company, through its fully integrated, mobile-first platform, delivers financial products designed to help underserved consumers manage their money more effectively. Its platform and products include ExtraCash and Dave Checking. ExtraCash is a 0% interest overdraft product offered through its bank partner that provides members with access to credit to bridge liquidity gaps between paychecks. Dave Checking is a digital demand deposit account offered through its bank partner with features, no account minimums or corresponding fees, and FDIC pass-through insurance eligibility that protects members from the failure of its bank partner. Dave Checking offers security controls such as multifactor authentication, contactless payment, instant card lock and protection against unauthorized purchases if cards are lost or stolen. Its personal financial management products include Budget, Side Hustle, and Surveys.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

127.17M

+26.04%

120.97M

+30.78%

113.63M

+41.86%

Estimates Revision

The market is revising Upward the revenue expectations for Dave Inc. (DAVE) for FY2025, with the revenue forecasts being adjusted by 11.31% over the past three months. During the same period, the stock price has changed by 154.09%.

Revenue Estimates for FY2025

Revise Upward

+11.31%

In Past 3 Month

Stock Price

Go Up

+154.09%

In Past 3 Month

6 Analyst Rating

1.29% Upside

Wall Street analysts forecast DAVE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DAVE is 248.17 USD with a low forecast of 177.00 USD and a high forecast of 320.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

6 Buy

0 Hold

0 Sell

Strong Buy

1.29% Upside

Current: 245.020

Low

177.00

Averages

248.17

High

320.00

1.29% Upside

Current: 245.020

Low

177.00

Averages

248.17

High

320.00

B. Riley

Buy

maintain

$239 -> $277

2025-07-29

New

Reason

B. Riley

Price Target

$239 -> $277

2025-07-29

New

maintain

Buy

Reason

B. Riley raised the firm's price target on Dave to $277 from $239 and keeps a Buy rating on the shares. The firm sees the company as well positioned with neo-banking adoption continuing. The shares are "far too cheap" for a company that is a "rapidly scaling and fast-growing fintech," the analyst tells investors in a research note.

Citizens JMP

Devin Ryan

Outperform

maintain

$200 -> $260

2025-07-14

Reason

Citizens JMP

Devin Ryan

Price Target

$200 -> $260

2025-07-14

maintain

Outperform

Reason

Citizens JMP analyst Devin Ryan raised the firm's price target on Dave to $260 from $200 and keeps an Outperform rating on the shares. The firm is bullish on the business outlook across Financial Services and FinTech, with capital markets recovering solidly with M&A activity still on a "normalization" tracking up 20% over the first half of last year and is annualizing $4.3T, while the IPO market is also restarting after a more than three-year hiatus with the number of U.S. IPOs up 80% year over year, the analyst tells investors in a research note. The digital asset industry is rapidly evolving from more of a speculative base to mainstream adoption, with legislation and Financial Services regulation finally coming together likely in the second half, and coupled with more mature infrastructure and business models, the growth prospects remain elevated and still likely underestimated over the next couple years, the firm says.

Benchmark

Buy

upgrade

$229 -> $320

2025-06-30

Reason

Benchmark

Price Target

$229 -> $320

2025-06-30

upgrade

Buy

Reason

Benchmark raised the firm's price target on Dave to $320 from $229 and keeps a Buy rating on the shares. Dave's rally is poised to continue as its differentiated fintech lending model underpins its durable competitive edge, the analyst tells investors in a research note.

B. Riley

Buy

maintain

$206 -> $239

2025-05-27

Reason

B. Riley

Price Target

$206 -> $239

2025-05-27

maintain

Buy

Reason

B. Riley raised the firm's price target on Dave to $239 from $206 and keeps a Buy rating on the shares after meeting with management. The firm came away confident in its belief that Dave is "set up to thrive" in the current economic environment and that its pricing change has been a "strong catalyst" for increased monetization and lifetime customer value. Riley also sees the company as introducing new offerings in 2026 in buy now pay later that can add a large customer product adjacency to its current neobanking offerings.

Benchmark

Mark Palmer

Buy

maintain

$202 -> $229

2025-05-20

Reason

Benchmark

Mark Palmer

Price Target

$202 -> $229

2025-05-20

maintain

Buy

Reason

Benchmark analyst Mark Palmer raised the firm's price target on Dave to $229 from $202 and keeps a Buy rating on the shares after Dave's Q1 report exceeded Street expectations on both the top and bottom lines, enabled by the continued improvement of the company's various operating metrics. During a Benchmark-hosted investor meeting with CEO Jason Wilk and CFO Kyle Beilman last week, the executives pointed to a couple of elements of the business model as being "especially supportive of sustained outperformance" and the discussion helped to highlight the several structural aspects of its platform that have contributed to its breakout results, the analyst tells investors.

Citizens JMP

Outperform

maintain

$125 -> $200

2025-05-09

Reason

Citizens JMP

Price Target

$125 -> $200

2025-05-09

maintain

Outperform

Reason

Citizens JMP raised the firm's price target on Dave to $200 from $125 and keeps an Outperform rating on the shares. Dave reported another strong beat and raise quarter with "notable" business momentum, the analyst tells investors in a research note. The firm says member acquisition remains "efficient" and that all key performance indicators are moving in the right direction.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Dave Inc (DAVE.O) is 38.55, compared to its 5-year average forward P/E of -34.19. For a more detailed relative valuation and DCF analysis to assess Dave Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-34.19

Current PE

38.55

Overvalued PE

153.32

Undervalued PE

-221.70

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.89

Current EV/EBITDA

17.57

Overvalued EV/EBITDA

14.49

Undervalued EV/EBITDA

-12.72

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

2.13

Current PS

6.01

Overvalued PS

5.69

Undervalued PS

-1.44