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 Q1 2025 results, with revenue soaring 47% year-over-year to $108 million, surpassing analyst expectations by 17% |
Regulatory Hurdles | Explore Dave's response to FTC and DOJ scrutiny, including the shift from optional tips to mandatory fees for ExtraCash advances |
AI-Driven Innovation | Delve into Dave's proprietary CashAI underwriting system, driving improved credit metrics and reduced delinquency rates in real-time assessments |
Analyst Optimism | Average price target of $151, with Citizens Bank setting a high of $200, reflecting confidence in Dave's growth potential and market position |
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 | 48.5x | −2.0x | 9.8x | |
PEG Ratio | 0.69 | 0.00 | 0.03 | |
Price/Book | 12.3x | 2.5x | 1.0x | |
Price / LTM Sales | 6.2x | 4.7x | 2.9x | |
Upside (Analyst Target) | 39.2% | 12.5% | 9.9% | |
Fair Value Upside | Unlock | 5.0% | 0.8% | Unlock |