Fubotv earnings beat by $0.10, revenue topped estimates
Dave Inc. stock has reached a new 52-week high, touching 243.37 USD. This milestone underscores a significant growth trajectory for the company, which has seen a remarkable 712.68% increase over the past year. With a market capitalization of $3.01 billion and impressive revenue growth of 39.31%, Dave has demonstrated strong operational execution. According to InvestingPro analysis, the company’s financial health score is rated as "GREAT." The surge in stock price reflects investor confidence and robust market performance, positioning Dave Inc. as a notable player in its sector. Trading at a P/E ratio of 45.2x, InvestingPro analysis suggests the stock is currently overvalued, despite analysts maintaining a bullish consensus. This achievement highlights the company’s strong financial health and strategic advancements, contributing to its impressive rise in value. InvestingPro subscribers have access to 13 additional key insights about Dave Inc., along with comprehensive financial metrics and expert analysis in the Pro Research Report.
In other recent news, Dave Inc reported first-quarter 2025 earnings that exceeded analyst expectations, highlighting a significant increase in both earnings and revenue. The company posted earnings per share (EPS) of $2.48, which was well above the forecasted $0.75. Revenue for the quarter reached $108 million, surpassing the anticipated $92.63 million and marking a 47% year-over-year growth. Following these results, JMP Securities raised its price target for Dave Inc from $125.00 to $200.00, maintaining a Market Outperform rating. The company’s adjusted EBITDA more than tripled compared to the previous year, reaching $44.2 million. Additionally, Dave Inc revised its full-year 2025 revenue guidance upwards to a range of $460-$475 million. The company also increased its adjusted EBITDA guidance to $155-$165 million, reflecting anticipated growth of 79-91%. These developments underscore Dave Inc’s strong operational performance and strategic initiatives, which have been positively received by the market.
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