In the last trading session, 0.34 million shares of the Dave Inc (NASDAQ:DAVE) were traded, and its beta was 3.53. Most recently the company’s share price was $86.09, and it changed around -$8.94 or -9.41% from the last close, which brings the market valuation of the company to $1.10B. DAVE currently trades at a discount to its 52-week high of $125.00, offering almost -45.2% off that amount. The share price’s 52-week low was $20.50, which indicates that the current value has risen by an impressive 76.19% since then.
Dave Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended DAVE as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Dave Inc is expected to report earnings per share of 1.1 for the current quarter.
Dave Inc (NASDAQ:DAVE) trade information
Instantly DAVE has showed a red trend with a performance of -9.41% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 109.10 on recent trading dayincreased the stock’s daily price by 21.09%. The company’s shares are currently down -0.96% year-to-date, but still down -13.57% over the last five days. On the other hand, Dave Inc (NASDAQ:DAVE) is -10.16% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $71.5, which translates to bulls needing to decrease their stock price by -20.41% from its current value. Analyst projections state that DAVE is forecast to be at a low of $36 and a high of $120.
Dave Inc (DAVE) estimates and forecasts
The year-over-year growth rate is expected to be 17.26%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 88.05M in revenue for the current quarter. 4 analysts expect Dave Inc to make 95.22M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 73.63M and 80.1M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 19.58%. Forecasts for the next quarter put sales growth at 18.88%.
Dave Inc (NASDAQ:DAVE)’s Major holders
Roxbury/Hood River Small Cap Growth Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 504.7 shares worth $43.41 million, making up 4.49% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 253.73 shares worth around $21.82 million, which represents about 2.26% of the total shares outstanding.
