It’s still a bull thesis, just subverted: Dave Inc (DAVE)

Dave Inc [DAVE] stock prices are up 7.14% to $196.04 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DAVE shares have gain 7.86% over the last week, with a monthly amount glided 143.04%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Dave Inc [NASDAQ: DAVE] stock has seen the most recent analyst activity on January 31, 2025, when Canaccord Genuity initiated its Buy rating and assigned the stock a price target of $120. Previously, The Benchmark Company started tracking the stock with Buy rating on August 12, 2024, and set its price target to $53. On July 26, 2024, Lake Street initiated with a Buy rating and assigned a price target of $53 on the stock. Seaport Research Partners started tracking the stock assigning a Buy rating and suggested a price target of $54 on June 10, 2024. B. Riley Securities initiated its recommendation with a Buy and recommended $60 as its price target on June 07, 2024. JMP Securities started tracking with a Mkt Outperform rating for this stock on April 29, 2024, and assigned it a price target of $70. In a note dated April 23, 2024, Barrington Research upgraded an Outperform rating on this stock but restated the target price of $45.

The stock price of Dave Inc [DAVE] has been fluctuating between $28.31 and $188.93 over the past year. Currently, Wall Street analysts expect the stock to reach $84 within the next 12 months. Dave Inc [NASDAQ: DAVE] shares were valued at $196.04 at the most recent close of the market. An investor can expect a potential drop of -57.15% based on the average DAVE price forecast.

Analyzing the DAVE fundamentals

The Dave Inc [NASDAQ:DAVE] reported sales of 381.49M for trailing twelve months, representing a surge of 46.65%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at -0.2%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.31 and Total Capital is -0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

It’s worth pointing out that Dave Inc [NASDAQ:DAVE]’s Current Ratio is 8.59. Also, the Quick Ratio is 8.59, while the Cash Ratio stands at 1.35. Considering the valuation of this stock, the price to sales ratio is 6.86, the price to book ratio is 13.06 and price to earnings (TTM) ratio is 53.94.

Transactions by insiders

Recent insider trading involved Preston Dan, Director, that happened on Nov 29 ’24 when 12400.0 shares were sold. Director, Preston Dan completed a deal on Nov 27 ’24 to sell 4235.0 shares. Meanwhile, Director Preston Dan sold 9765.0 shares on Nov 13 ’24.

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