Bull of the Day: DAVE INC (DAVE)

Zacks12-17

DAVE INC (DAVE) is a rising player in the FinTech and mobile banking space, making a name for itself by catering to underserved banking customers. Seed investor and Mark Cuban praised the company for ...

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Seed investor and Mark Cuban praised the company for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bull-day-dave-inc-dave-093000061.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bull of the Day: DAVE INC (DAVE)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBull of the Day: DAVE INC (DAVE)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-17 17:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bull-day-dave-inc-dave-093000061.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DAVE INC (DAVE) is a rising player in the FinTech and mobile banking space, making a name for itself by catering to underserved banking customers. Seed investor and Mark Cuban praised the company for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bull-day-dave-inc-dave-093000061.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://finance.yahoo.com/news/bull-day-dave-inc-dave-093000061.html","article_id":"2492587379","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/76CeIV.5tQs7lTyN7JHq8w--~B/aD01MTE7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/499a9f206b492d238fa6fc010bb68393"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492587379","pubTimestamp":1734427800,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"DAVE INC  is a rising player in the FinTech and mobile banking space, making a name for itself by catering to underserved banking customers. Seed investor and Mark Cuban praised the company for excluding overdraft fees, recalling how they crushed him in his twenties.The standout feature of DAVE INC’s platform is its cash advance service, which provides short-term payday loans without interest, origination fees, or other traditional charges. Instead, the company generates revenue through expedited service fees, a monthly subscription, and an optional tipping model, giving users a flexible and transparent alternative to traditional financial services.DAVE stock has been on an incredible tear this year, up more than 10x since the start of 2024. However, it appears that even after such strong price appreciation, there may still be plenty of upside and limited downside. The company is growing extremely fast, has a very reasonable valuation and currently boasts a Zacks Rank #1  rating, refle","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","DAVEW":"Dave Inc Warrant","INC":"VANECK DYNAMIC HIGH INCOME ETF","BK4166":"消费信贷","DAVE":"Dave Inc"},"translate_title":"今日公牛：戴夫公司(DAVE)","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DAVE":1,"INC":1,"DAVEW":0.9},"content_text":"DAVE INC (DAVE) is a rising player in the FinTech and mobile banking space, making a name for itself by catering to underserved banking customers. Seed investor and Mark Cuban praised the company for excluding overdraft fees, recalling how they crushed him in his twenties.\nThe standout feature of DAVE INC’s platform is its cash advance service, which provides short-term payday loans without interest, origination fees, or other traditional charges. Instead, the company generates revenue through expedited service fees, a monthly subscription, and an optional tipping model, giving users a flexible and transparent alternative to traditional financial services.\nDAVE stock has been on an incredible tear this year, up more than 10x since the start of 2024. However, it appears that even after such strong price appreciation, there may still be plenty of upside and limited downside. The company is growing extremely fast, has a very reasonable valuation and currently boasts a Zacks Rank #1 (Strong Buy) rating, reflecting upward trending earnings revisions.\nImage Source: Zacks Investment Research\nDAVE is Crushing Earnings Estimates\nPart of the reason why DAVE INC stock is up so much this year is that it has been absolutely blowing analysts’ earnings estimates out of the water. During the last two quarterly earnings reports DAVE beat earnings estimates by 208% and 742% respectively.  Furthermore, the Zacks Earnings ESP is forecasting further upside earnings surprises, with next quarter projected to beat expectations by 43%.\nThis isn’t to say that analysts are sandbagging their earnings estimates, because they continue to raise forecasts. Current quarter earnings estimates have risen by 46% in the last 60 days, while FY24 estimates have climbed by 26.6% over the same period. Over the next year earnings are expected to grow more than 30% YoY and sales projected for 31.6% growth.\nBecause of this tremendous increase in company profits and even with the huge price appreciation, DAVE INC is still trading at a fair valuation, and possibly even a discount based on its growth projections. Today, DAVE is trading at just 22.5x next year’s earnings.\nImage Source: Zacks Investment Research\nDAVE Stock Primed to Breakout Again \nAlthough it may be hard to imagine a stock up so much YTD could continue to rally, the developments in DAVE’s profit and sales growth demonstrate just how undervalued the stock was at the beginning of the year. It is also worth noting that the stock price is still considerably below its all-time high of $490, which it made back in 2022.\nDAVE stock has again been coiling over the last month, and on Monday showed considerable buying pressure. If DAVE shares can hold above the $100 level, it is only a matter of time before the stock goes on another big run.\nWhile growth and momentum stocks can experience massive rallies, they are also prone to equally sharp corrections due to their typically high valuations. However, given the reasonable forward earnings multiple we highlighted, the risk of a significant pullback appears much lower.\nImage Source: TradingView\nShould Investors Buy Shares In DAVE?\nDAVE Inc. is an exciting and rapidly growing newcomer to the fintech industry. While its stock has experienced significant volatility, the company's future appears exceptionally promising.\nEarnings have surged into positive territory in recent months, exceeding expectations and signaling strong growth momentum. Coupled with consistent, substantial earnings and standout stock performance this year, DAVE INC presents a compelling investment opportunity, offering an attractive balance of fair valuation and robust growth potential.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nDave Inc. (DAVE) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492587379"}