Dave Inc Stock Today
| DAVE Stock | USD 53.00 7.09 15.44% |
Performance12 of 100
| Odds Of DistressLess than 28
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Dave is trading at 53.00 as of the 8th of November 2024, a 15.44 percent increase since the beginning of the trading day. The stock's lowest day price was 45.61. Dave has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Dave Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of October 2024 and ending today, the 8th of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 26th of April 2021 | Category Technology | Classification Information Technology |
Dave Inc. provides a suite of financial products and services through its financial service online platform. The company was founded in 2015 and is based in West Hollywood, California. Dave is traded on NASDAQ Exchange in the United States. The company has 11.16 M outstanding shares of which 2.1 M shares are currently shorted by private and institutional investors with about 8.18 trading days to cover. More on Dave Inc
Moving together with Dave Stock
| 0.8 | U | Unity Software | PairCorr |
| 0.71 | BL | Blackline | PairCorr |
| 0.77 | DT | Dynatrace Holdings LLC Potential Growth | PairCorr |
Moving against Dave Stock
Dave Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Business Concentration | Application Software, Software - Application, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsDave can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dave's financial leverage. It provides some insight into what part of Dave's total assets is financed by creditors.
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Dave Inc (DAVE) is traded on NASDAQ Exchange in USA. It is located in 1265 South Cochran Avenue, Los Angeles, CA, United States, 90019 and employs 285 people. Dave is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 581.14 M. Dave Inc conducts business under Software sector and is part of Information Technology industry. The entity has 11.16 M outstanding shares of which 2.1 M shares are currently shorted by private and institutional investors with about 8.18 trading days to cover.
Dave Inc currently holds about 223.88 M in cash with 33.75 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.59.
Check Dave Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Dave Inc is $581.14 Million. 30% of Dave Inc outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Dave Ownership Details
Dave Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| G2 Investment Partners Management Llc | 2024-06-30 | 120.6 K | |
| Nuveen Asset Management, Llc | 2024-06-30 | 86.3 K | |
| Cubist Systematic Strategies, Llc | 2024-06-30 | 83 K | |
| Trexquant Investment Lp | 2024-06-30 | 80.6 K | |
| Citadel Advisors Llc | 2024-06-30 | 41.1 K | |
| Dynamic Technology Lab Private Ltd | 2024-06-30 | 32.9 K | |
| Jump Financial Llc | 2024-06-30 | 32.5 K | |
| Squarepoint Ops Llc | 2024-06-30 | 31.8 K | |
| Myda Advisors Llc | 2024-06-30 | 30 K | |
| Divisadero Street Capital Management, Lp | 2024-06-30 | 617.3 K | |
| Nvp Associates Llc | 2024-06-30 | 582.7 K |
Dave Historical Income Statement
Dave Stock Against Markets
Dave Corporate Management
| John Ricci | G Counsel | Profile | |
| Gopi Kuchimanchi | Vice Technology | Profile | |
| Michael Goodbody | Chief Officer | Profile | |
| Joan Aristei | Chief Officer | Profile | |
| Jason Wilk | CEO, CoFounder | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dave Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dave. If investors know Dave will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.04 | Revenue Per Share 24.051 | Quarterly Revenue Growth 0.308 | Return On Assets 0.0052 | Return On Equity 0.2544 |
The market value of Dave Inc is measured differently than its book value, which is the value of Dave that is recorded on the company's balance sheet. Investors also form their own opinion of Dave's value that differs from its market value or its book value, called intrinsic value, which is Dave's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dave's market value can be influenced by many factors that don't directly affect Dave's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dave's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.