
Dave (DAVE) Stock Forecast & Price Target
Dave (DAVE) Analyst Ratings
Bulls say
Dave Inc demonstrated robust financial performance with a 38% year-over-year revenue increase in 4Q24, reaching $100.9 million and surpassing market expectations. The company achieved an impressive 18% growth in annualized revenue per monthly transacting member (ARPU), driven by increased engagement in its ExtraCash product and a rise in Dave Card spending. Additionally, ExtraCash originations set a record at $1.5 billion, reflecting a significant 44% increase year-over-year, further indicating strong demand and operational leverage within the business.
Bears say
Dave Inc. is experiencing significant challenges that contribute to a negative outlook for its stock, as indicated by a recent 12% decline in share price despite positive quarterly performance and guidance. Key risks include potential high delinquency rates on its ExtraCash advances, competition from larger financial institutions, and a reliance on brand reputation that could be jeopardized by negative publicity or regulatory changes. Additionally, the company's limited operating history and exposure to economic fluctuations further exacerbate concerns about its financial stability and growth prospects.
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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