Added to YB: 2026-09-03
Pitch date: 2026-09-01
DAVE [neutral]
Dave Inc.
+10.21%
current return
Author Info
No bio for this author
Company Info
Dave Inc. provides various financial products and services through its financial services platform in the United States.
Market Cap
$4.6B
Pitch Price
$338.30
Price Target
677.00 (+82%)
Dividend
N/A
EV/EBITDA
19.77
P/E
23.02
EV/Sales
7.15
Sector
Consumer Finance
Category
growth
Dave Investment Thesis: Risky Lender or Hidden Compounder?
DAVE (overview): Dave serves 15.2M members, with ExtraCash as its flagship product; Q2 revenue rose 30% and adjusted EBITDA increased 48% at a 44% margin. At 23x trailing earnings, a base-case model implies only a 2% discount to fair value despite 79% potential upside by 2030. Meaningful additional upside depends on successfully scaling Dave Flex, its planned pay-in-4 product, beyond limited testing.
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