
Dave (DAVE) Stock Forecast & Price Target
Dave (DAVE) Analyst Ratings
Bulls say
Dave Inc. has demonstrated strong financial performance, highlighted by a 38% year-over-year increase in 4Q24 revenue, reaching $100.9 million, which surpassed market expectations. The company also reported a remarkable 18% year-over-year growth in annualized revenue per monthly transacting member, supported by a 17% increase in monthly transacting members to 2.5 million and a 12% rise in new members to 766,000. Additionally, the significant growth in ExtraCash originations, which soared by 44% year-over-year to a record $1.5 billion, reflects the company's effective monetization strategies and robust customer engagement.
Bears say
Dave Inc.'s stock outlook appears negative due to several fundamental issues. Despite reporting top- and bottom-line beats and optimistic guidance, the stock suffered a significant decline amidst broader market sell-offs, reflecting heightened investor concerns about external economic factors such as a potential global trade war. Additionally, risks related to credit defaults on customer advances, intense competition from established financial institutions and FinTech startups, and reliance on brand reputation pose significant threats, which could adversely impact the company's 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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