Dave Inc (NASDAQ:DAVE) price on Friday, May 02, rose 8.60% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $104.72.
A look at the stock’s price movement, the close in the last trading session was $96.43, moving within a range at $97.25 and $104.73. The beta value (5-Year monthly) was 3.52 while the PE ratio in trailing twelve months stood at 24.55. Turning to its 52-week performance, $125.00 and $28.31 were the 52-week high and 52-week low respectively. Overall, DAVE moved 23.07% over the past month.
Dave Inc’s market cap currently stands at around $1.40 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-02.
Analysts have a consensus estimate of 93.6M for the company’s revenue for the quarter, with a low and high estimate of 86M and 99.2M respectively. The average forecast suggests up to a 27.12% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 420.06M, representing a 21.02% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DAVE is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 3 recommend DAVE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DAVE’s current price about 21.40% and 18.60% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 69.09, while 7-day volatility ratio is 5.30% and 8.01% in the 30-day chart. Further, Dave Inc (DAVE) has a beta value of 3.50, and an average true range (ATR) of 6.30. Analysts have given the company’s stock an average 52-week price target of $90.5, forecast between a low of $36 and high of $130. Looking at the price targets, the low is 65.62% off current price level while to achieve the yearly target high, price needs to move -24.14%. Nonetheless, investors will most likely welcome a 13.58% jump to $90.5 which is the analysts’ median price.
If we refocus on Dave Inc (NASDAQ:DAVE), historical trading data shows that trading volumes averaged 0.28 over the past 10 days and 464.14K over the past 3 months. The company’s latest data on shares outstanding shows there are 11.50 million shares.
The 29.40% of Dave Inc’s shares are in the hands of company insiders while institutional holders own 64.15% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.0 million on 2025-04-15, giving us a short ratio of 2.42. The data shows that as of 2025-04-15 short interest in Dave Inc (DAVE) stood at 900.0 of shares outstanding. Current price change has pushed the stock 20.48% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DAVE stock continues to rise going into the next quarter.
