The $148.34 Value Of Dave Inc (NASDAQ: DAVE) Should Not Be Underestimated

During the recent session, Dave Inc (NASDAQ:DAVE)’s traded shares were 0.94 million, with the beta value of the company hitting 3.50. At the last check today, the stock’s price was $148.34, reflecting an intraday gain of 37.57% or $40.51. The 52-week high for the DAVE share is $125.00, that puts it up 15.73 from that peak though still a striking 80.92% gain since the share price plummeted to a 52-week low of $28.31. The company’s market capitalization is $1.98B, and the average trade volume was 464.09K shares over the past three months.

Dave Inc (DAVE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. DAVE has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.

Dave Inc (NASDAQ:DAVE) trade information

Dave Inc (DAVE) registered a 37.57% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 37.57% in intraday trading to $148.34, hitting a weekly high. The stock’s 5-day price performance is 53.83%, and it has moved by 99.97% in 30 days. Based on these gigs, the overall price performance for the year is 218.74%.

The consensus price target of analysts on Wall Street is $90.5, which implies a decrease of -63.91% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $36 and $130 respectively. As a result, DAVE is trading at a premium of 12.36% off the target high and 75.73% off the low.

While earnings are projected to return -15.70% in 2025.

DAVE Dividends

Dave Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 0.58 million shares, is of NVP ASSOCIATES, LLC’s that is approximately 4.6927% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $17.66 million.

Also, the Mutual Funds coming in first place with the largest holdings of Dave Inc (DAVE) shares are Manager Directed Portfolios-Hood River Small-Cap Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Dec 31, 2024 indicates that Manager Directed Portfolios-Hood River Small-Cap Growth Fund owns about 504.7 shares. This amounts to just over 4.27 percent of the company’s overall shares, with a $76.97 million market value. The same data shows that the other fund manager holds slightly less at 318.63, or about 2.69% of the stock, which is worth about $48.59 million.