Dave Inc. provides a suite of financial products and services through its financial service online platform. The company offers Insights, a personal financial management tool to manage income and expenses between paychecks for members; ExtraCash, a free overdraft and short-term credit alternative, which allows members to advance funds to their account and avoid a fee; and Side Hustle, a job application portal. It also provides Dave Banking, a digital checking and demand deposit account. The company was founded in 2015 and is based in West Hollywood, California.
IPO Year:
Exchange: NASDAQ
Website: https://dave.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/12/2024 | $53.00 | Buy | The Benchmark Company |
7/26/2024 | $53.00 | Buy | Lake Street |
6/10/2024 | $54.00 | Buy | Seaport Research Partners |
6/7/2024 | $60.00 | Buy | B. Riley Securities |
4/29/2024 | $70.00 | Mkt Outperform | JMP Securities |
4/23/2024 | $45.00 | Mkt Perform → Outperform | Barrington Research |
3/15/2024 | Mkt Perform | Barrington Research | |
4/25/2022 | $5.00 | Hold | Jefferies |
LOS ANGELES, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today announced that the Company will participate in three upcoming investor conferences in September 2024. Benchmark 11th Annual TMT 1x1 Investor Conference is being held September 4-5 at the New York Athletic Club in New York, NY. The Company will hold 1x1 meetings throughout the day on September 5. H.C. Wainwright 26th Annual Global Investment Conference is being held September 9-11 at the Lotte New York Palace in New York, NY. The Company will participate in a fireside chat and hold 1x1 meetings throughout the day on September 11.B. Riley 2024 Consume
LOS ANGELES, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today announced that the Company will participate in three upcoming investor conferences in August 2024. Canaccord 44th Annual Growth Conference is being held August 13-15 at the InterContinental Boston Hotel in Boston, MA. The Company will hold 1x1 meetings throughout the day and a presentation at 2:00pm ET on August 13. Please click here to view the live event. A replay of the presentation will also be available on the Dave investor relations website at investor.dave.com. Seaport Research Partners 2024 Financials and Fintech Conference is being held vir
Record Q2 Revenue up 31% Y/Y to $80.1 Million; Y/Y Revenue Growth Accelerates for Third Consecutive Quarter Q2 GAAP Net Income Increases $29.0 Million Y/Y to $6.4 Million and Adj. EBITDA Increases $28.3 Million Y/Y to $15.2 Million Dave Raises 2024 Adjusted EBITDA Guidance to $40-$50 Million LOS ANGELES, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today reported its financial results for the second quarter ended June 30, 2024. "2024 continues to show impressive results as we exceeded growth and profitability expectations again in the second quarter" said Jason Wilk, Founder and CEO of
LOS ANGELES, July 23, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, August 6, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. The Company's results will be reported in a press release prior to the call. Dave management will host the conference call, followed by a question-and-answer period. The conference call details are as follows: Date: Tuesday, August 6, 2024Time: 8:30 a.m. Eastern timeDial-in registration link: hereLive webcast registration link: here The conference call will also be available for replay in the Event
LOS ANGELES, July 18, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today issued a statement regarding a proposal from the Consumer Financial Protection Bureau ("CFPB"): "We are closely monitoring the recently proposed interpretive ruling from the CFPB around paycheck advance and earned wage access ("EWA"), a model which Dave was originally founded on, but transitioned away from beginning in 2022 due to a lack of certainty around the regulations," said Jason Wilk, Founder and CEO of Dave. "Dave's ExtraCash product is structured as a bank-originated overdraft with optional fees, which combats the excessive fees found at in
LOS ANGELES, June 03, 2024 (GLOBE NEWSWIRE) -- Dave (NASDAQ:DAVE), one of the nation's leading neobanks, announced an extension of its official partnership with the Drew League, Los Angeles' premiere Pro-Am basketball league. Dave will now be prominently featured on all 2024 Drew League jerseys in addition to the on-court placements from 2023. Dave chose to partner with Drew League because of their shared missions to provide opportunities for young people to succeed and give them the tools they need to create change in their lives. While The Drew League levels the playing field on the court, Dave is leveling the financial playing field for millions of underserved Americans across the c
LOS ANGELES, May 15, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today announced that the Company will participate in the upcoming virtual FT Partners Equity Research Weekly Forum being held on Friday, May 17, 2024. Dave Founder and CEO Jason Wilk and CFO Kyle Beilman will participate in a fireside chat at 10:30 a.m. ET followed by a question-and-answer period. To request details to view the live event, please email FT Partners at [email protected] or email the Company's investor relations team at [email protected]. About Dave Dave (NASDAQ:DAVE) is a leading U.S. neobank and fintech pioneer serving
LOS ANGELES, May 08, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today announced that the Company will participate in two upcoming investor conferences in May 2024. B. Riley Securities Annual Investment Conference is being held May 22 – 23, 2024 at the Beverly Hills Hilton in Beverly Hills, CA. The Company will participate in a fireside chat at 9:45 a.m. PT on May 23 and will hold 1x1 meetings throughout the day.Barrington Research Virtual Spring Investment Conference is being held on May 16, and the Company will hold 1x1 meetings throughout the day. To request a meeting with the Dave team, please contact the respectiv
Record Q1 Revenue of $73.6 Million; Y/Y Revenue Growth Accelerates for Second Consecutive Quarter Q1 GAAP Net Income Reaches $34.2 Million and Adj. EBITDA Increases to $13.2 Million Dave Raises 2024 Adjusted EBITDA Guidance to $30-$40 Million LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today reported its financial results for the first quarter ended March 31, 2024. "2024 is off to a strong start as we exceeded growth and profitability expectations in the first quarter," said Jason Wilk, Founder and CEO of Dave. "Member acquisition remained strong and efficient in spite of seasonal softness associ
LOS ANGELES, April 19, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, May 7, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. The Company's results will be reported in a press release prior to the call. Dave management will host the conference call, followed by a question-and-answer period. The conference call details are as follows: Date: Tuesday, May 7, 2024Time: 8:30 a.m. Eastern timeDial-in registration link: hereLive webcast registration link: here The conference call will also be available for replay in the Events sec
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https://www.bleeckerstreetresearch.com/research/dave
U.S. stocks were lower, with the Dow Jones index falling around 250 points on Friday. Shares of Western Alliance Bancorporation (NYSE:WAL) rose sharply during Friday's session following upbeat quarterly results. Western Alliance reported quarterly earnings of $1.75 per share which beat the analyst consensus estimate of $1.71 per share. The company reported quarterly sales of $771.80 million which beat the analyst consensus estimate of $737.64 million, according to data from Benzinga Pro. Western Alliance Bancorporation shares gained 7.2% to $76.16 on Friday. Here are some other big stocks recording gains in today’s session. Hawaiian Electric Industries, Inc. (NYSE:HE) shares
"We are closely monitoring the recently proposed interpretive ruling from the CFPB around paycheck advance and earned wage access ("EWA"), a model which Dave was originally founded on, but transitioned away from beginning in 2022 due to a lack of certainty around the regulations," said Jason Wilk, Founder and CEO of Dave. "Dave's ExtraCash product is structured as a bank-originated overdraft with optional fees, which combats the excessive fees found at incumbent banks. As a result, we believe ExtraCash and our optional fees sit within the overdraft regulatory framework that is distinguished from EWA and paycheck advance products."
GeneDx Holdings Corp. (NASDAQ:WGS) has made the biggest gains on the Russell 2000 Index in 2024 as the biotechnology company moves toward more comprehensive genetic testing. The Maryland-based company’s shares have soared 1,101% so far this year as of midday Thursday, according to Tradingview. Goldman Sachs analyst Matthew Sykes attributes much of GeneDX’s positive momentum to shifting its testing. The company went from panel-based tests, which look for variants in more than one gene, to exome/genome testing, which analyzes the bulk of a person’s DNA to find genetic variations. Also Read: GeneDx Stock Climbs After Better-Than-Expected Q1 Results, Raises FY24 Guidance “We remain o
B. Riley Securities analyst Hal Goetsch maintains Dave (NASDAQ:DAVE) with a Buy and maintains $60 price target.
In the latest quarter, 9 analysts provided ratings for Dave (NASDAQ:DAVE), showcasing a mix of bullish and bearish perspectives. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 7 0 0 0 Last 30D 0 1 0 0 0 1M Ago 2 1 0 0 0 2M Ago 0 4 0 0 0 3M Ago 0 1 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Dave, presenting an average target of $61.56, a high estimate of $75.00, and a low estimate of $45.00. Marking an increase of 2.6%, the current average surpas
JMP Securities analyst Devin Ryan reiterates Dave (NASDAQ:DAVE) with a Market Outperform and maintains $75 price target.
Seaport Global analyst Jeff Cantwell initiates coverage on Dave (NASDAQ:DAVE) with a Buy rating and announces Price Target of $54.
U.S. stocks were mixed, with the Dow Jones index gaining around 0.1% on Friday. Shares of Argan, Inc. (NYSE:AGX) rose sharply during Friday's session after the company reported better-than-expected first-quarter financial results. Argan posted quarterly earnings of 58 cents per share, beating market estimates of 52 cents per share. The company's quarterly sales came in at $157.68 million versus expectations of $134.75 million, according to data from Benzinga Pro. Argan shares climbed 11.1% to $76.78 on Thursday. Here are some other big stocks recording gains in today’s session. Geron Corporation (NASDAQ:GERN) shares climbed 26% to $4.90 as the company reported the FDA approva
B. Riley Securities analyst Hal Goetsch initiates coverage on Dave (NASDAQ:DAVE) with a Buy rating and announces Price Target of $60.
The Benchmark Company initiated coverage of Dave, Inc. with a rating of Buy and set a new price target of $53.00
Lake Street initiated coverage of Dave, Inc. with a rating of Buy and set a new price target of $53.00
Seaport Research Partners initiated coverage of Dave, Inc. with a rating of Buy and set a new price target of $54.00
B. Riley Securities initiated coverage of Dave, Inc. with a rating of Buy and set a new price target of $60.00
JMP Securities initiated coverage of Dave, Inc. with a rating of Mkt Outperform and set a new price target of $70.00
Barrington Research upgraded Dave, Inc. from Mkt Perform to Outperform and set a new price target of $45.00
Barrington Research initiated coverage of Dave, Inc. with a rating of Mkt Perform
Jefferies initiated coverage of Dave, Inc. with a rating of Hold and set a new price target of $5.00
LOS ANGELES, Feb. 13, 2024 /PRNewswire/ -- Dave Inc. (Nasdaq: DAVE), one of the nation's leading neobanks, today announced it has become the newest member of the American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks. Dave joins a diverse group of AFC members to progress fintech innovation, focusing on creating inclusive digital banking services and products for consumers not well-served by incumbent banks. "Our members are setting the standard for the responsible use of innovation to increase competitio
LOS ANGELES, July 10, 2023 /PRNewswire/ -- Dave Inc. (NASDAQ:DAVE), one of the nation's leading neobanks, announced today the appointment of Yadin Rozov, a financial expert with deep experience in managing financial services firms and operating public companies, to its Board of Directors, effective July 6, 2023. Mr. Rozov has previously served as a board member for banking, insurance, chemicals, and pharmaceutical companies. With over 20 years of experience in capital markets, corporate finance, investment banking, and investment management, Mr. Rozov's guidance will support t
LOS ANGELES, Sept. 6, 2022 /PRNewswire/ -- Dave Inc. (NASDAQ:DAVE, DAVEW))), a banking app on a mission to build products that level the financial playing field, today announced that Chien-Liang Chou has been named Chief Technology Officer, effective immediately. Mr. Chou previously served as Executive Vice President of Engineering at Dave, a position he held since 2020. In this role, he led the engineering, data, infrastructure, security and information technology teams, spearheading various data initiatives resulting in greater efficiencies and a better member experience. He
Board welcomes diversified leader and marketing expert to accelerate Dave's growth in providing a superior nationwide banking solution LOS ANGELES, Aug. 25, 2022 /PRNewswire/ -- Dave Inc. (NASDAQ:DAVE, DAVEW))), a banking app on a mission to build products that level the financial playing field, today announced the appointment of Tesa Aragones to its Board of Directors, effective August 23, 2022. Aragones will also serve as a member of the company's nominating and corporate governance committee. Aragones brings to Dave more than two decades of brand marketing, digital branding
LOS ANGELES, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Dave Inc. (NASDAQ:DAVE), today announced the appointment of Michael Pope to its Board of Directors, effective January 31, 2022. Mr. Pope will also serve as Chairperson of the Audit Committee. Mr. Pope served as Chief Financial Officer and Senior Vice President at Shutterfly, Inc. from October 2015 until his retirement in November 2019. He has over 25 years of finance and technology experience having served as Chief Financial Officer at numerous technology companies, including Clean Power Finance, Inc., MarketTools Inc., Network General Corporation, DigitalThink, Inc. and Dionex Corporation. He previously served as a member of the Board of Dir
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Record Q2 Revenue up 31% Y/Y to $80.1 Million; Y/Y Revenue Growth Accelerates for Third Consecutive Quarter Q2 GAAP Net Income Increases $29.0 Million Y/Y to $6.4 Million and Adj. EBITDA Increases $28.3 Million Y/Y to $15.2 Million Dave Raises 2024 Adjusted EBITDA Guidance to $40-$50 Million LOS ANGELES, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today reported its financial results for the second quarter ended June 30, 2024. "2024 continues to show impressive results as we exceeded growth and profitability expectations again in the second quarter" said Jason Wilk, Founder and CEO of
LOS ANGELES, July 23, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, August 6, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. The Company's results will be reported in a press release prior to the call. Dave management will host the conference call, followed by a question-and-answer period. The conference call details are as follows: Date: Tuesday, August 6, 2024Time: 8:30 a.m. Eastern timeDial-in registration link: hereLive webcast registration link: here The conference call will also be available for replay in the Event
Record Q1 Revenue of $73.6 Million; Y/Y Revenue Growth Accelerates for Second Consecutive Quarter Q1 GAAP Net Income Reaches $34.2 Million and Adj. EBITDA Increases to $13.2 Million Dave Raises 2024 Adjusted EBITDA Guidance to $30-$40 Million LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today reported its financial results for the first quarter ended March 31, 2024. "2024 is off to a strong start as we exceeded growth and profitability expectations in the first quarter," said Jason Wilk, Founder and CEO of Dave. "Member acquisition remained strong and efficient in spite of seasonal softness associ
LOS ANGELES, April 19, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, May 7, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. The Company's results will be reported in a press release prior to the call. Dave management will host the conference call, followed by a question-and-answer period. The conference call details are as follows: Date: Tuesday, May 7, 2024Time: 8:30 a.m. Eastern timeDial-in registration link: hereLive webcast registration link: here The conference call will also be available for replay in the Events sec
Revenue growth accelerates in Q4 to drive record Total RevenueAchieves Profitability with Q4 GAAP Net Income of $0.2 Million andQ4 Adjusted EBITDA of $10.0 MillionResults outperform guidance across all metrics LOS ANGELES, March 05, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today reported its financial results for the fourth quarter and full year ended December 31, 2023. "2023 was an extraordinary year for Dave, and our results are a testament to the dedication and hard work of our exceptional team. Focused execution of our growth strategy enabled us to surpass our operational and financial objectives, exceeding
LOS ANGELES, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, March 5, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The Company's results will be reported in a press release prior to the call. Dave management will host the conference call, followed by a question-and-answer period. The conference call details are as follows: Date: Tuesday, March 5, 2024Time: 8:30 a.m. Eastern timeDial-in registration link: hereLive webcast registration link: here The conference call will also be available for rep
Raises 2023 Guidance for Non-GAAP Revenue, Non-GAAP Variable Margin and Adjusted EBITDA, Implying Adjusted EBITDA Profitability in Q4 2023 at the Midpoint of the RangeQ3 GAAP Revenue up 7% Q/Q to $65.8 Million; Q3 Non-GAAP Variable Profit up 13% Q/QQ3 Net Loss Improves by 47% Q/Q; Adj. EBITDA Loss Improves 81% Q/Q to $2.5 Million LOS ANGELES, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today reported its financial results for the third quarter ended September 30, 2023. "Last year we made the commitment to grow our way to profitability by focusing on expanding member lifetime value, increasing variable marg
LOS ANGELES, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Dave Inc. ("Dave" or the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, November 7, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023. The Company's results will be reported in a press release prior to the call. Dave management will host the conference call, followed by a question-and-answer period. The conference call details are as follows: Date: Tuesday, November 7, 2023Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast registration link: here The conference call will also be available for replay in t
Q2 GAAP Revenue up 34% Year Over Year to $61.2 Million; Q2 Non-GAAP Variable Profit up 78%Q2 Net Loss Improves by 17% Year Over Year; Adj. EBITDA Loss Improves 54% to $13.1 MillionRaising Non-GAAP Variable Profit Margin Outlook to 47% - 51%; Reiterating 2023 Non-GAAP Operating Revenue and Adjusted EBITDA Guidance LOS ANGELES, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (the "Company") (NASDAQ:DAVE), one of the nation's leading neobanks, today reported its financial results for the second quarter ended June 30, 2023. "We continued to execute on our objectives and delivered another strong quarter," said Jason Wilk, Founder & Chief Executive Officer of Dave. "We generated solid revenue
LOS ANGELES, July 20, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (the "Company") (NASDAQ:DAVE, DAVEW))), one of the nation's leading neobanks, will host a conference call on Tuesday, August 8, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2023. The Company's results will be reported in a press release prior to the call. Dave management will host the conference call, followed by a question-and-answer period. The conference call details are as follows: Date: Tuesday, August 8, 2023Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast registration link: here The conference call will also be available for replay in the Events