
Dave (DAVE) Stock Forecast & Price Target
Dave (DAVE) Analyst Ratings
Bulls say
Dave Inc. demonstrated robust financial performance in the fourth quarter of 2024, with revenue reaching $100.9 million, reflecting a year-over-year increase of 38% and surpassing market expectations. The company’s growth was further highlighted by an 18% year-over-year increase in annualized revenue per monthly transacting member and a record $1.5 billion in ExtraCash originations, up 44% from the previous year. Additionally, the increase in the number of monthly transacting members by 17% to 2.5 million signifies a strong user engagement and a solid foundation for continued revenue growth.
Bears say
Dave Inc. has faced a notable decline in its stock price, dropping over 12% despite reporting positive earnings that surpassed expectations, primarily due to broader market concerns and competition. The company's operational risks are amplified by its reliance on customer repayments of ExtraCash advances and the existence of significant competitors with more resources, which could impact customer acquisition costs and brand loyalty. Additionally, potential regulatory changes, credit risk due to inadequate underwriting, and the inherent challenges associated with its reliance on artificial intelligence present considerable threats to Dave's financial stability moving forward.
This aggregate rating is based on analysts' research of Dave and is not a guaranteed prediction by Public.com or investment advice.
Dave (DAVE) Analyst Forecast & Price Prediction
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