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Dave Inc

Dave Inc

DAVE
$440.42USD↓-0.48%-2.11 today

MARKET CAP

5.6B

P/E (TTM)

32.2x

FWD P/E

25.5x

DAY RANGE

$412 – $446

52W RANGE

$152
$456

AI Summary

Stalk
StalkMedium

In Stage 2 – Advancing, DAVE’s parabolic acceleration remains intact but is extended and overbought, marked by extreme RSI and Options Score with a visible exhaustion candle. Medium-term bias stays bullish per Stage 2 and active Parabola pattern, but short-term timing is unfavorable. Execution should be deferred—stalk for shallow pullbacks into the rising 9 and 21 EMAs for higher-probability entry.

  • ↑Q1 2026 revenue of $158.4 M (+47% YoY) drives higher full-year guidance.
  • ↑Adjusted EBITDA rose 57% YoY to $69.3 M (44% margin) and net income hit $57.9 M (+101%).
  • ↓Elevated share-price volatility may scare risk-averse holders.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Dave Inc. (NASDAQ: DAVE) operates as a leading neobank that aims to improve financial access for everyday Americans through innovative tech-driven banking solutions. The company focuses on addressing the needs of the underserved demographic by providing services such as cash advances via its Extra Cash product and payment options through the Dave card. With an expansive total addressable market (TAM) comprising around 185 million potential customers, Dave is part of the rapidly evolving fintech environment, leveraging its proprietary Cash AI system to facilitate lending and enhance user engagement effectively.

Bull says

  • ↑Q1 2026 revenue of $158.4 M (+47% YoY) drives higher full-year guidance.
  • ↑Adjusted EBITDA rose 57% YoY to $69.3 M (44% margin) and net income hit $57.9 M (+101%).
  • ↑1.69% past-due rate underscores improved credit performance.
  • ↑Transition to Coastal Bank unlocks $200 M+ incremental liquidity.
  • ↑Launch of DaveFlex pay-in-four broadens flexible credit offerings.
  • ↑High hedge-fund ownership reflects strong investor interest in fintech.

Bear says

  • ↓Elevated share-price volatility may scare risk-averse holders.
  • ↓Ongoing DOJ discussions pose material regulatory uncertainty.
  • ↓CAC increased to $19 per member, pressuring profit margins.
  • ↓Weak balance-sheet factors could challenge refinancing needs.
  • ↓Low dividend yield and high book-to-price raise valuation concerns.
  • ↓Potential missteps in liquidity transition may limit funding flexibility.

Investment themes with DAVE

High Dividend Yield↑ +0.15%

Companies paying above-average dividends

AISP · SMR · NWL

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-08-2026neutral

Transcript signals

Bull points

  • We do expect Q1 to represent the low watermark for the year and expect gross margins to be in the mid-70s for the rest of the year.
  • We feel confident that there's a lot of opportunity there. And I think I mentioned this on previous calls, but we really think that target here to disrupt is subprime credit cards, which is monetizing customers on being late with late fees, compound interest. And this product is the exact opposite with responsible credit offering and payments tied back to your future paycheck dates with no late fees. And so excited to get this out there and think there's a lot of opportunity to make this a marketing machine.
  • Revenue was $158.4 million, representing 47% growth year-over-year. Growth was driven by 18% MTM growth and 24% ARPU expansion, both ahead of our medium-term growth algorithm.

Bear points

  • the number of extra cash disbursements declined 5% sequentially, consistent with the range we have observed in every Q1 since 2021. This was the primary driver of the 3% sequential decline in revenue.
  • On provision for credit losses, the sequential increase was mechanical and calendar-driven.
  • the provision dynamic, from, say, the quarter closing on a Wednesday versus the prior Friday was about a $5 million swing to gross profit.
Read full transcript analysis ›