Dave Inc (NASDAQ:DAVE) has a beta value of 3.99 and has seen 0.4 million shares traded in the recent trading session. The company, currently valued at $2.59B, closed the recent trade at $194.5 per share which meant it lost -$19.55 on the day or -9.13% during that session. The DAVE stock price is -47.28% off its 52-week high price of $286.45 and 85.22% above the 52-week low of $28.74. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.58 million shares traded. The 3-month trading volume is 498.34K shares.
The consensus among analysts is that Dave Inc (DAVE) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 2.01.
Dave Inc (NASDAQ:DAVE) trade information
Sporting -9.13% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the DAVE stock price touched $194.5 or saw a rise of 28.33%. Year-to-date, Dave Inc shares have moved 435.22%, while the 5-day performance has seen it change -25.78%. Over the past 30 days, the shares of Dave Inc (NASDAQ:DAVE) have changed -18.36%. Short interest in the company has seen 0.86 million shares shorted with days to cover at 1.88.
Wall Street analysts have a consensus price target for the stock at $101.5, which means that the shares’ value could drop -91.63% from the levels at last check today.. The projected low price target is $42.0 while the price target rests at a high of $229.0. In that case, then, we find that the latest price level in today’s session is -17.74% off the targeted high while a plunge would see the stock lose 78.41% from the levels at last check today..
Dave Inc (DAVE) estimates and forecasts
The company’s shares have gained 129.20% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 34.90%.
7 analysts offering their estimates for the company have set an average revenue estimate of 113.29M for the current quarter. 7 have an estimated revenue figure of 120.43M for the next ending quarter. Year-ago sales stood 80.1M and 92.5M respectively for this quarter and the next, and analysts expect sales will grow by 41.43% for the current quarter and 34.90% for the next.
DAVE Dividends
Dave Inc is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Dave Inc (NASDAQ:DAVE)’s Major holders
Insiders own 13.69% of the company shares, while shares held by institutions stand at 76.47% with a share float percentage of 88.61%. Investors are also buoyed by the number of investors in a company, with Dave Inc having a total of 228.0 institutions that hold shares in the company. The top two institutional holders are DIVISADERO STREET CAPITAL MANAGEMENT, LP with over 0.62 million shares worth more than $18.7 million. As of 2024-06-30, DIVISADERO STREET CAPITAL MANAGEMENT, LP held 4.9715% of shares outstanding.
The other major institutional holder is NVP ASSOCIATES, LLC, with the holding of over 0.58 million shares as of 2024-06-30. The firm’s total holdings are worth over $17.66 million and represent 4.6927% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Manager Directed Portfolios-Hood River Small-Cap Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Apr 30, 2025 , the former fund manager holds about 4.17% shares in the company for having 493.71 shares of worth $96.46 million while later fund manager owns 318.63 shares of worth $62.26 million as of Mar 31, 2025 , which makes it owner of about 2.69% of company’s outstanding stock.
