Dave Inc (NASDAQ:DAVE)’s traded shares stood at 0.32 million during the last session, with the company’s beta value hitting 3.99. At the close of trading, the stock’s price was $281.79, to imply an increase of 4.36% or $11.76 in intraday trading. The DAVE share’s 52-week high remains $280.30, putting it 0.53% up since that peak but still an impressive 89.8% since price per share fell to its 52-week low of $28.74. The company has a valuation of $3.76B, with an average of 0.46 million shares in intraday trading volume over the past 10 days and average of 482.58K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Dave Inc (DAVE), translating to a mean rating of 1.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give DAVE a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 2.01.
Dave Inc (NASDAQ:DAVE) trade information
After registering a 4.36% upside in the last session, Dave Inc (DAVE) has traded red over the past five days. The 5-day price performance for the stock is 15.95%, and 33.98% over 30 days. With these gigs, the year-to-date price performance is 836.49%. Short interest in Dave Inc (NASDAQ:DAVE) saw shorts transact 0.86 million shares and set a 1.88 days time to cover.
The extremes give us $42 and $229 for target low and target high price respectively. As such, DAVE has been trading 18.73% off suggested target high and 85.1% from its likely low.
Dave Inc (DAVE) estimates and forecasts
The rating firms project that company’s revenue will grow 34.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is 113.29M. Meanwhile, for the current quarter, a total of 7 analyst(s) estimate revenue growth to 120.43M.Earnings reports from the last fiscal year show that sales brought in 80.1M and 92.5M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 41.43% before jumping 30.19% in the following quarter.
DAVE Dividends
Dave Inc has its next earnings report out on 2025-May-08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Dave Inc (NASDAQ:DAVE)’s Major holders
Dave Inc insiders hold 13.69% of total outstanding shares, with institutional holders owning 76.47% of the shares at 88.61% float percentage. In total, 76.47% institutions holds shares in the company, led by DIVISADERO STREET CAPITAL MANAGEMENT, LP. As of 2024-06-30, the company held over 0.62 million shares (or 4.9715% of shares), all amounting to roughly $18.7 million.
The next major institution holding the largest number of shares is NVP ASSOCIATES, LLC with 0.58 million shares, or about 4.6927% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $17.66 million.
We also have Manager Directed Portfolios-Hood River Small-Cap Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Dave Inc (DAVE) shares. Going by data provided on Apr 30, 2025 , Manager Directed Portfolios-Hood River Small-Cap Growth Fund holds roughly 493.71 shares. This is just over 4.17% of the total shares, with a market valuation of $139.12 million. Data from the same date shows that the other fund manager holds a little less at 318.63, or 2.69% of the shares, all valued at about 89.79 million.
