(DAVE) Dave - Overview

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

Stock: Budgeting Tool, Short-Term Advance, Job Portal, Paid Surveys, Digital Bank

Total Rating 57

Risk 70

Buy Signal -0.18

Software - Application » Application Software
Age: 4.8y

Market Cap: 2,296m
Avg Trading Vol: 102M USD

ATR: 8.06%
Peers RS (IBD): 88.48

EPS (Earnings per Share)

EPS CAGR: 122.11%
EPS Trend: 89.8%

Last SUE: -2.84
Qual. Beats: 0

Revenue

Rev. CAGR: 41.36%
Rev. Trend: 98.6%

Last SUE: 0.78
Qual. Beats: 0

Risk 5d forecast
Volatility	99.7%
Relative Tail Risk	-10.6%

Reward TTM
Sharpe Ratio	0.97
Alpha	46.73

Character TTM
Beta	2.248
Beta Downside	2.061

Drawdowns 3y
Max DD	49.22%
CAGR/Max DD	3.58

Description: DAVE Dave January 12, 2026

Dave Inc. (NASDAQ:DAVE) operates a U.S.-focused financial-services platform that combines budgeting tools, short-term cash advances, a gig-economy job board, paid surveys, and a digital checking account. Founded in 2015 and based in Los Angeles, the company’s core proposition is to help members avoid overdraft fees and improve cash flow through its “ExtraCash” ACH-based advances, while also offering ancillary income streams via “Side Hustle” and “Surveys.”

Recent filings show Dave serving roughly 12 million members and generating $258 million in revenue for FY 2023, up about 20 % year-over-year, driven by higher adoption of its cash-advance product and growing transaction volume on Dave Banking. The fintech’s unit economics are sensitive to macro-level consumer-spending trends and the prevailing interest-rate environment, as higher rates can both increase the cost of funding short-term advances and boost demand for fee-based alternatives to traditional overdraft protection.

For a deeper quantitative view, you might explore ValueRay’s analyst toolkit, which breaks down Dave’s unit economics and competitive positioning.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income: 146.7m TTM > 0 and > 6% of Revenue
FCF/TA: 0.55 > 0.02 and ΔFCF/TA 21.11 > 1.0
NWC/Revenue: 69.53% < 20% (prev 68.03%; Δ 1.50% < -1%)
CFO/TA 0.55 > 3% & CFO 238.4m > Net Income 146.7m
Net Debt (25.4m) to EBITDA (135.8m): 0.19 < 3
Current Ratio: 8.69 > 1.5 & < 3
Outstanding Shares: last quarter (14.5m) vs 12m ago 4.25% < -2%
Gross Margin: 85.28% > 18% (prev 0.90%; Δ 8438 % > 0.5%)
Asset Turnover: 139.3% > 50% (prev 117.3%; Δ 21.97% > 0%)
Interest Coverage Ratio: 17.92 > 6 (EBITDA TTM 135.8m / Interest Expense TTM 7.17m)

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 -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)
Altman-Z'' Score: 7.29 = AAA

Beneish M -2.29

DSRI: 1.05 (Receivables 268.3m/165.5m, Revenue 491.3m/319.4m)
GMI: 1.06 (GM 85.28% / 90.10%)
AQI: 1.80 (AQ_t 0.11 / AQ_t-1 0.06)
SGI: 1.54 (Revenue 491.3m / 319.4m)
TATA: -0.21 (NI 146.7m - CFO 238.4m) / TA 433.3m)
Beneish M-Score: -2.29 (Cap -4..+1) = BBB

What is the price of DAVE shares?

As of February 08, 2026, the stock is trading at USD 183.22 with a total of 800,740 shares traded.
Over the past week, the price has changed by +11.93%, over one month by -21.45%, over three months by -18.07% and over the past year by +69.16%.

Is DAVE a buy, sell or hold?

Dave has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy DAVE.

StrongBuy: 6
Buy: 2
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the DAVE price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	306.4	67.2%
Analysts Target Price	306.4	67.2%
ValueRay Target Price	192.1	4.8%

DAVE Fundamental Data Overview February 05, 2026

P/E Trailing = 16.7818
P/E Forward = 14.9031
P/S = 4.6727
P/B = 7.8805
Revenue TTM = 491.3m USD
EBIT TTM = 128.5m USD
EBITDA TTM = 135.8m USD
Long Term Debt = 75.0m USD (from longTermDebt, last quarter)
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 = 2.28b USD (2.30b + Debt 75.3m - CCE 91.7m)
Interest Coverage Ratio = 17.92 (Ebit TTM 128.5m / Interest Expense TTM 7.17m)
EV/FCF = 9.63x (Enterprise Value 2.28b / FCF TTM 236.8m)
FCF Yield = 10.39% (FCF TTM 236.8m / Enterprise Value 2.28b)
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 = 5.26 (Enterprise Value 2.28b / Total Assets 433.3m)
Interest Expense / Debt = 2.38% (Interest Expense 1.79m / Debt 75.3m)
Taxrate = 4.11% (2.48m / 60.4m)
NOPAT = 123.2m (EBIT 128.5m * (1 - 4.11%))
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 = 41.60% (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 = 41.37% (NOPAT 123.2m / Invested Capital 297.7m)
WACC = 13.82% (E(2.30b)/V(2.37b) * Re(14.20%) + D(75.3m)/V(2.37b) * Rd(2.38%) * (1-Tc(0.04)))
Discount Rate = 14.20% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.61%
[DCF Debug] Terminal Value 64.65% ; FCFF base≈178.6m ; Y1≈220.3m ; Y5≈375.1m
Fair Price DCF = 232.7 (EV 2.86b - Net Debt 25.4m = Equity 2.84b / Shares 12.2m; r=13.82% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 89.84 | EPS CAGR: 122.1% | SUE: -2.84 | # QB: 0
Revenue Correlation: 98.63 | Revenue CAGR: 41.36% | SUE: 0.78 | # QB: 0
EPS next Quarter (2026-03-31): EPS=3.13 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=3
EPS next Year (2026-12-31): EPS=13.41 | Chg30d=+0.000 | Revisions Net=+5 | Growth EPS=+0.7% | Growth Revenue=+16.6%

Additional Sources for DAVE Stock

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