Overview Dividends

(DAVE) Dave - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US23834J1025

Budget, ExtraCash, Side Hustle, Surveys, Banking

DAVE EPS (Earnings per Share)

EPS (Earnings per Share) of DAVE over the last years for every Quarter: "2020-09": null, "2020-12": null, "2021-03": null, "2021-06": -3.5093, "2021-09": -2.7004, "2021-12": -0.01, "2022-03": -3.2, "2022-06": -2.88, "2022-09": -2.56, "2022-12": -1.87, "2023-03": -1.187, "2023-06": -1.32, "2023-09": -1.0078, "2023-12": 0.0165, "2024-03": 0.12, "2024-06": 0.47, "2024-09": 1.51, "2024-12": 2.04, "2025-03": 2.48, "2025-06": 3.14, "2025-09": 4.24,
EPS Growth (3Y CAGR): 296.52%
EPS Trend (3Y Correlation): 98.6%

DAVE Revenue

Revenue of DAVE over the last years for every Quarter: 2020-09: 32.047, 2020-12: 35.452, 2021-03: 34.426, 2021-06: 37.229, 2021-09: 40.198, 2021-12: 41.16, 2022-03: 42.551, 2022-06: 45.805, 2022-09: 56.807, 2022-12: 59.675, 2023-03: 58.928, 2023-06: 61.235, 2023-09: 65.811, 2023-12: 73.119, 2024-03: 73.63, 2024-06: 80.117, 2024-09: 92.489, 2024-12: 100.84, 2025-03: 107.979, 2025-06: 131.757, 2025-09: 150.725,
Revenue Growth (3Y CAGR): 40.06%
Revenue Trend (3Y Correlation): 97.4%
Risk via 10d forecast
Volatility 89.4%
Value at Risk 5%th 132%
Relative Tail Risk -10.36%
Reward TTM
Sharpe Ratio 1.68
Alpha 239.50
Character TTM
Hurst Exponent 0.457
Beta 2.254
Beta Downside 2.399
Drawdowns 3y
Max DD 66.01%
Mean DD 28.90%
Median DD 28.07%

Description: DAVE Dave November 09, 2025

Dave Inc. (NASDAQ:DAVE) operates a U.S.-focused fintech platform that bundles budgeting tools, short-term cash advances, a gig-economy job board, paid surveys, and a digital checking account under a single consumer-facing app.

Key product pillars:

  • Budget – a personal finance manager that tracks income, expenses, and helps users set spending limits.
  • ExtraCash – an ACH-based cash-advance service that deposits funds instantly and charges no explicit fee, instead earning revenue from optional “tip” contributions.
  • Side Hustle – a marketplace connecting members with temporary or supplemental employment opportunities.
  • Surveys – a micro-task feature that pays users for completing market research questionnaires.
  • Dave Banking – a FDIC-insured digital checking account offering debit cards, direct deposit, and fee-free overdraft protection.

Founded in 2015 and headquartered in Los Angeles, Dave is classified under GICS Sub-Industry “Application Software,” reflecting its software-driven service model rather than a traditional banking charter.

Recent quantitative signals (as of Q3 2024): the company reported $124 million in revenue for the trailing twelve months, a year-over-year growth rate of ~27%, and a net loss of $45 million, reflecting ongoing investment in user acquisition. Active members grew to ~9.8 million, with an average revenue per user (ARPU) of roughly $12.7 per month. The churn rate for the budgeting and cash-advance segments hovered around 4.5% quarterly, a metric that investors watch closely for sustainability.

Macro-level drivers: (1) Rising “pay-check-to-paycheck” prevalence among U.S. households fuels demand for low-cost liquidity solutions; (2) Continued fintech adoption-especially among Gen Z and Millennials-supports platform expansion; (3) A tightening monetary environment could pressure discretionary spending, potentially dampening Side Hustle usage while increasing reliance on short-term cash advances.

Given the blend of consumer-finance services and a growing user base, a deeper quantitative assessment may be worthwhile; ValueRay’s analyst notes on DAVE provide additional data points and scenario modeling to aid your evaluation.

DAVE Stock Overview

Market Cap in USD 3,180m
Sub-Industry Application Software
IPO / Inception 2021-04-26
Return 12m vs S&P 500 110%
Analyst Rating 4.75 of 5

DAVE Dividends

Currently no dividends paid

DAVE Growth Ratios

CAGR 3y 186.95%
CAGR/Max DD Calmar Ratio 2.83
CAGR/Mean DD Pain Ratio 6.47
Current Volume 963.3k
Average Volume 396.4k

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (146.7m TTM) > 0 and > 6% of Revenue (6% = 29.5m TTM)
FCFTA 0.55 (>2.0%) and ΔFCFTA 21.11pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 69.53% (prev 68.03%; Δ 1.50pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.55 (>3.0%) and CFO 238.4m > Net Income 146.7m (YES >=105%, WARN >=100%)
Net Debt (25.4m) to EBITDA (135.8m) ratio: 0.19 <= 3.0 (WARN <= 3.5)
Current Ratio 8.69 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (14.5m) change vs 12m ago 4.25% (target <= -2.0% for YES)
Gross Margin 85.28% (prev 90.10%; Δ -4.82pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 139.3% (prev 117.3%; Δ 21.97pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 17.92 (EBITDA TTM 135.8m / Interest Expense TTM 7.17m) >= 6 (WARN >= 3)

Altman Z'' 7.29

(A) 0.79 = (Total Current Assets 386.0m - Total Current Liabilities 44.4m) / Total Assets 433.3m
(B) -0.05 = Retained Earnings (Balance) -22.5m / Total Assets 433.3m
(C) 0.36 = EBIT TTM 128.5m / Avg Total Assets 352.7m
(D) -0.16 = Book Value of Equity -22.2m / Total Liabilities 141.9m
Total Rating: 7.29 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 94.42

1. Piotroski 6.0pt = 1.0
2. FCF Yield 7.48% = 3.74
3. FCF Margin 48.19% = 7.50
4. Debt/Equity 0.26 = 2.47
5. Debt/Ebitda 0.19 = 2.47
6. ROIC - WACC (= 23.32)% = 12.50
7. RoE 65.88% = 2.50
8. Rev. Trend 97.38% = 7.30
9. EPS Trend 98.64% = 4.93

What is the price of DAVE shares?

As of November 14, 2025, the stock is trading at USD 216.24 with a total of 963,345 shares traded.
Over the past week, the price has changed by -3.30%, over one month by +6.82%, over three months by +7.86% and over the past year by +139.12%.

Is Dave a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Dave (NASDAQ:DAVE) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 94.42 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DAVE is around 186.48 USD . This means that DAVE is currently overvalued and has a potential downside of -13.76%.

Is DAVE a buy, sell or hold?

Dave has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy DAVE.
  • Strong Buy: 6
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the DAVE price?

Issuer Target Up/Down from current
Wallstreet Target Price 300 38.7%
Analysts Target Price 300 38.7%
ValueRay Target Price 223.8 3.5%

DAVE Fundamental Data Overview November 11, 2025

Market Cap USD = 3.18b (3.18b USD * 1.0 USD.USD)
P/E Trailing = 23.2199
P/E Forward = 19.7239
P/S = 6.4717
P/B = 12.7
Beta = 3.902
Revenue TTM = 491.3m USD
EBIT TTM = 128.5m USD
EBITDA TTM = 135.8m USD
Long Term Debt = 75.0m USD (from longTermDebt, last fiscal year)
Short Term Debt = 137.0k USD (from shortTermDebt, last quarter)
Debt = 75.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 25.4m USD (from netDebt column, last quarter)
Enterprise Value = 3.16b USD (3.18b + Debt 75.3m - CCE 91.7m)
Interest Coverage Ratio = 17.92 (Ebit TTM 128.5m / Interest Expense TTM 7.17m)
FCF Yield = 7.48% (FCF TTM 236.8m / Enterprise Value 3.16b)
FCF Margin = 48.19% (FCF TTM 236.8m / Revenue TTM 491.3m)
Net Margin = 29.87% (Net Income TTM 146.7m / Revenue TTM 491.3m)
Gross Margin = 85.28% ((Revenue TTM 491.3m - Cost of Revenue TTM 72.3m) / Revenue TTM)
Gross Margin QoQ = 72.38% (prev 86.88%)
Tobins Q-Ratio = 7.30 (Enterprise Value 3.16b / Total Assets 433.3m)
Interest Expense / Debt = 2.38% (Interest Expense 1.79m / Debt 75.3m)
Taxrate = -57.58% (out of range, set to none) (-33.6m / 58.4m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 8.69 (Total Current Assets 386.0m / Total Current Liabilities 44.4m)
Debt / Equity = 0.26 (Debt 75.3m / totalStockholderEquity, last quarter 291.3m)
Debt / EBITDA = 0.19 (Net Debt 25.4m / EBITDA 135.8m)
Debt / FCF = 0.11 (Net Debt 25.4m / FCF TTM 236.8m)
Total Stockholder Equity = 222.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 33.87% (Net Income 146.7m / Total Assets 433.3m)
RoE = 65.88% (Net Income TTM 146.7m / Total Stockholder Equity 222.7m)
RoCE = 43.15% (EBIT 128.5m / Capital Employed (Equity 222.7m + L.T.Debt 75.0m))
RoIC = 43.24% (EBIT 128.5m / (Assets 433.3m - Curr.Liab 44.4m - Cash 91.7m))
WACC = 19.92% (E(3.18b)/V(3.25b) * Re(20.39%) + (debt cost/tax rate unavailable))
Discount Rate = 20.39% (= CAPM, Blume Beta Adj.) -> capped to 17.95%
Shares Correlation 3-Years: 100.0 | Cagr: 7.61%
[DCF Debug] Terminal Value 55.46% ; FCFE base≈178.6m ; Y1≈220.3m ; Y5≈375.8m
Fair Price DCF = 167.8 (DCF Value 2.05b / Shares Outstanding 12.2m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 98.64 | EPS CAGR: 296.5% | SUE: 4.0 | # QB: 5
Revenue Correlation: 97.38 | Revenue CAGR: 40.06% | SUE: 0.78 | # QB: 0

Additional Sources for DAVE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle