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Dave Inc. (DAVE) Is a “highly profitable neobank” Platform, Says Keefe, Bruyette & Woods
Yahoo Finance· 2026-02-19 05:01
Dave Inc. (NASDAQ:DAVE) is among the best money-making stocks to buy right now. On February 10, TheFly reported that Ryan Tomasello at Keefe, Bruyette & Woods initiated coverage of Dave Inc. (NASDAQ:DAVE) with an Outperform rating and a $250 price target. The firm’s 1-year price target implies a 41.02% upside. With 13.5 million members, Dave Inc. (NASDAQ:DAVE) is a “highly profitable neobank” platform that serves financially underserved and lower-income consumers, the analyst noted. Perhaps more compelli ...
Is CAC Optimization DAVE's Fuel to Its Profitability Engine?
ZACKS· 2026-02-18 17:41
Key Takeaways DAVE maintained a $19 CAC in Q2 and Q3 2025, adding 843,000 new members in Q3.DAVE's revenue jumped 64% YoY in Q3 2025, with adjusted EBITDA up 236%.DAVE posted 347% adjusted net income growth in Q2 and 233% in Q3 2025.Dave Inc. (DAVE) has historically maintained customer acquisition costs (CAC) of $18-$19. In the second and third quarters of 2025, the company maintained a CAC of $19, a result of the optimized marketing investments that yield the highest expected gross margin.Dave’s marketing ...
William Blair Initiates Coverage on Dave (DAVE)
Yahoo Finance· 2026-02-13 14:52
Dave Inc. (NASDAQ:DAVE) is one of the 13 High-Risk High-Reward Growth Stocks to Invest In. Andrew Jeffery, analyst at William Blair, initiated the firm’s coverage of Dave Inc. (DAVE) on February 9, with an Outperform call. While he did not give a definitive target price, he told investors in a research note that DAVE could disrupt the traditional banking industry, “reimagining the role of financial intermediaries in short-term consumer credit,” by offering short-duration, high-velocity, and low-balance un ...
Analyst Sentiment on Dave (DAVE) Remains Strong Despite Mixed Share Price Momentum
Yahoo Finance· 2026-02-10 19:56
Core Insights - Dave Inc. (NASDAQ:DAVE) is identified as one of the 14 oversold value stocks to consider for investment [1] - The stock has experienced mixed investor sentiment, declining approximately 35% over the past six months but gaining over 50% in the last year [2] - As of February 5, 2026, 100% of analysts covering the stock have confidence in it, with a consensus price target of $302.50 [2] Board Changes - On January 20, 2026, Dave Inc. appointed Nima Khajehnouri, an AI and data engineering expert with 20 years of experience from companies like Meta, Google, and Snap, to its Board of Directors [3] - Additional Board appointments include Mike Pope as Lead Independent Director and Andrea Mitchell as Chair of the Nominating and Corporate Governance Committee, aimed at enhancing governance and technical oversight [4] - The company focuses on scaling its innovation capabilities, particularly in deploying AI-driven solutions for its customer base [3][4] Company Overview - Dave Inc. is a digital banking service based in Los Angeles, providing budgeting tools, cash advances, side hustles, and modern checking accounts [4]
Will DAVE INC (DAVE) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2026-02-10 18:10
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Dave Inc. (DAVE) , which belongs to the Zacks Technology Services industry.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 75.21%, on average, in the last two quarters.For the most recent quarter, DAVE INC was expected to post earnings of $2.29 per share, but ...
DAVE Stock Soars 79% in a Year: Should Investors Buy It Now?
ZACKS· 2026-02-10 17:21
Core Insights - Dave Inc. (DAVE) stock has experienced significant growth, increasing by 78.5% over the past year, outperforming both the industry and the Zacks S&P 500 composite, which grew by 18.3% [1][7]. Group 1: Business Model and Customer Growth - In Q3 2025, DAVE added 843,000 members, demonstrating consistent growth across previous quarters, driven by a simplified fee model that includes a $0 transaction fee and a 5% fee structure capped at $15 [5][7]. - The CashAI v5.5 technology has been crucial for customer acquisition, contributing to a 20% increase in average ExtraCash size while maintaining high credit quality [6][7]. Group 2: Financial Performance and Margins - DAVE boasts a 30.6% EBITDA margin, significantly higher than competitors Upstart (6.9%) and Affirm (6.9%), indicating superior operational efficiency [7][8]. - The company has a trailing 12-month return on equity (ROE) of 77.8% and a return on invested capital (ROIC) of 48.8%, both exceeding industry averages [10][12]. Group 3: Liquidity and Valuation - As of September 2025, DAVE holds $92 million in cash reserves with no debt, resulting in a current ratio of 8.7, well above the industry average of 1.6 [12]. - The stock is currently valued at 12.7 times forward earnings per share, below the industry average of 22.8 times, presenting a value investment opportunity [13]. Group 4: Analyst Outlook - The Zacks Consensus Estimate for DAVE's 2026 revenues is $656.4 million, reflecting a 19.6% year-over-year growth, with EPS expected to rise by 8.6% to $14.07 [15]. - Recent upward revisions in EPS estimates indicate growing analyst confidence in the company's financial outlook [15].
WESCO International, Inc. Announces Upcoming Retirement of Dave Schulz, EVP and CFO, and Appointment of Indraneel Dev as EVP and CFO
Prnewswire· 2026-02-10 11:05
Core Insights - WESCO International, Inc. announces the retirement of Dave Schulz as Executive Vice President and Chief Financial Officer, effective May 2026, and the appointment of Indraneel "Neel" Dev to the position starting February 2026 to ensure a smooth transition [1] Group 1: Leadership Transition - Indraneel "Neel" Dev has previously served as Chief Financial Officer and Chief Revenue Officer at Congruex LLC and held senior finance leadership roles at Lumen Technologies, Level 3 Communications, MCI, and MFS Communications [2] - Mr. John J. Engel, Chairman, President, and CEO of WESCO, expressed confidence in Neel's ability to navigate complex financial environments and contribute to the company's growth and value creation [3] Group 2: Company Overview - WESCO International is a FORTUNE 500® company headquartered in Pittsburgh, Pennsylvania, with approximately $24 billion in annual sales for 2025 [4] - The company provides a comprehensive portfolio of business-to-business distribution, logistics services, and supply chain solutions, employing around 21,000 people and operating over 700 sites in approximately 50 countries [4]
Why Dave Stock Jumped Today
Yahoo Finance· 2026-02-06 20:04
Shares of Dave (NASDAQ: DAVE) climbed on Friday after the branchless bank announced preliminary financial results for the fourth quarter. As of 2:30 p.m. EST, Dave's stock price was up more than 16%. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Rapid sales growth and improving profitability Dave now see ...
Dave Reports Preliminary Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-02-05 21:15
Core Insights - The company expects 2025 revenue and adjusted EBITDA results to exceed the top-end of guidance, with a 4Q25 28 DPD rate projected to be between 1.95% and 2.00%, outperforming previous guidance of below 2.10% [1][3] Financial Performance - For 4Q25, GAAP operating revenues are expected to be $164 million, a 62% increase from $101 million in 4Q24, and adjusted EBITDA is projected at $73 million, reflecting a 118% increase from $33 million in 4Q24 [2] - For the full year 2025, GAAP operating revenues are anticipated to reach $554 million, a 60% increase from $347 million in FY24, while adjusted EBITDA is expected to be $227 million, a 162% increase from $86 million in FY24 [2] Management Commentary - The CEO highlighted that 2025 concluded with a record quarter, marking the strongest year in the company's history, with Q4 representing the third consecutive quarter of over 60% revenue growth driven by member growth and product demand [4] - The company noted significant operating leverage, with full-year adjusted EBITDA growing over 160%, nearly three times the revenue growth rate, attributed to improved unit economics and member relationships [5] Industry Context - The company is monitoring a proposal to limit credit card rates to 10%, which could significantly impact credit access, particularly for non-prime consumers, potentially shifting demand to alternative products like ExtraCash [6]
Single Life Just Got Better: Wendy's Celebrates Singles Awareness Day with a $1 Dave's Single
Prnewswire· 2026-02-05 13:30
Core Idea - Wendy's is promoting a special offer of a $1 Dave's Single cheeseburger on Singles Awareness Day, February 15, available through the Wendy's app [1][2][3] Group 1: Offer Details - The $1 Dave's Single cheeseburger is available with a purchase through the Wendy's app on February 15 [1][2] - The offer is valid for one day only at participating Wendy's locations across the U.S. [2][3] - Customers must download the Wendy's app and register an account to redeem the offer [3] Group 2: Product Information - The Dave's Single features a quarter pound of fresh, never frozen beef, topped with American cheese, lettuce, tomato, pickles, onions, ketchup, and mayo on a toasted bun [1][3] - The product has been a reliable menu item since its introduction in 1969 [3] Group 3: Market Reach - Fresh beef is available in the contiguous U.S., Alaska, Canada, Mexico, Puerto Rico, the UK, and other select international markets [4]