Dave Inc. provides various financial products and services through its financial services platform in the United States. 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 application. It also provides Dave Banking, a digital checking and demand deposit account. Dave Inc. was founded in 2015 and is headquartered in Los Angeles, California.
Financial Triumph | Dave Inc. reports impressive Q2 2024 results, surpassing revenue estimates and achieving profitability, leading to raised full-year guidance and analyst optimism |
Regulatory Challenges | Explore Dave's strategic response to FTC lawsuit and fee structure changes, balancing compliance with business model sustainability in a complex regulatory landscape |
Banking Partnerships | Delve into Dave's relationship with Evolve Bank & Trust and potential diversification strategies, highlighting the company's proactive risk management approach |
Market Positioning | Learn about Dave's inclusion in the Russell 2000 index and its impact on stock visibility, with analyst price targets ranging from $75 to $119 amid market volatility |
Metrics to compare | DAVE | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipDAVEPeersSector | |
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P/E Ratio | 19.1x | −0.7x | 8.5x | |
PEG Ratio | 0.09 | −0.04 | 0.03 | |
Price/Book | 6.0x | 1.6x | 1.0x | |
Price / LTM Sales | 3.2x | 1.5x | 2.6x | |
Upside (Analyst Target) | 51.3% | 56.9% | 21.1% | |
Fair Value Upside | Unlock | 15.2% | 3.7% | Unlock |