BUZZ-Fintech Dave eyes 7-day winning streak ahead of planned capital raise

Reuters03-05

BUZZ-Fintech Dave eyes 7-day winning streak ahead of planned capital raise

** Digital banking services firm Dave's DAVE.O shares up 1.1% at $211 in Weds afternoon trading and rising for seventh straight session as it looks to raise capital

** DAVE shares on longest winning streak since 12-session run last May, racking up ~27% gain along the way

** Stock rose ~5% on Tues after co late Mon posted Q4 beat and 2026 adj EPS forecast of $14-$15 topped consensus

** Subsequently, Los Angeles, California-based co unveiled proposed private offering of $150 mln 5-yr convertible bonds

** It intends to use net offering proceeds for general purposes, including share repurchases under its stock buyback program

** Also plans to use proceeds to fund capped calls, derivative transactions employed to help offset potential dilution, and repurchase its shares to facilitate hedging

** Co has ~$2.8 bln market cap

** Including move on the session, stock up roughly 135% over the past year

** All 10 analysts are bullish, including 2 "strong buy" ratings; median PT $310, per LSEG data

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2617563080?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-05 03:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2617563080","market":"us","top_or_hot":-1,"title":"BUZZ-Fintech Dave eyes 7-day winning streak ahead of planned capital raise","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Fintech Dave eyes 7-day winning streak ahead of planned capital raise</title></head><body><p>\n    ** Digital banking services firm Dave's <span>DAVE.O</span> shares up 1.1% at $211 in Weds afternoon trading and rising for seventh straight session as it \n    looks to raise capital\n  </p><p>\n    ** DAVE shares on longest winning streak since 12-session run last May, racking up ~27% gain along the way\n  </p><p>\n    ** Stock rose ~5% on Tues after co late Mon <span>posted</span> Q4 beat and 2026 adj EPS forecast of $14-$15 topped consensus\n  </p><p>\n    ** Subsequently, \n    Los Angeles, California-based co unveiled proposed private offering of $150 mln 5-yr convertible bonds\n  </p><p>** It intends to use net offering proceeds for general purposes, including share repurchases under its stock buyback program</p><p>** Also plans to use proceeds to fund capped calls, derivative transactions employed to help offset potential dilution, and repurchase its shares to facilitate hedging</p><p>** Co has ~$2.8 bln market cap</p><p>** Including move on the session, stock up roughly 135% over the past year</p><p>\n    ** All 10 analysts are bullish, including 2 \"strong buy\" ratings; median PT $310, per LSEG data\n  </p><p>(Lance Tupper is a Reuters market analyst. The views expressed are his own)</p><p>((lance.tupper@tr.com 1-646-279-6380))</p></body></html>","source":null,"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>BUZZ-Fintech Dave eyes 7-day winning streak ahead of planned capital raise</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\">\nBUZZ-Fintech Dave eyes 7-day winning streak ahead of planned capital raise\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-03-05 03:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Fintech Dave eyes 7-day winning streak ahead of planned capital raise</title></head><body><p>\n    ** Digital banking services firm Dave's <span>DAVE.O</span> shares up 1.1% at $211 in Weds afternoon trading and rising for seventh straight session as it \n    looks to raise capital\n  </p><p>\n    ** DAVE shares on longest winning streak since 12-session run last May, racking up ~27% gain along the way\n  </p><p>\n    ** Stock rose ~5% on Tues after co late Mon <span>posted</span> Q4 beat and 2026 adj EPS forecast of $14-$15 topped consensus\n  </p><p>\n    ** Subsequently, \n    Los Angeles, California-based co unveiled proposed private offering of $150 mln 5-yr convertible bonds\n  </p><p>** It intends to use net offering proceeds for general purposes, including share repurchases under its stock buyback program</p><p>** Also plans to use proceeds to fund capped calls, derivative transactions employed to help offset potential dilution, and repurchase its shares to facilitate hedging</p><p>** Co has ~$2.8 bln market cap</p><p>** Including move on the session, stock up roughly 135% over the past year</p><p>\n    ** All 10 analysts are bullish, including 2 \"strong buy\" ratings; median PT $310, per LSEG data\n  </p><p>(Lance Tupper is a Reuters market analyst. The views expressed are his own)</p><p>((lance.tupper@tr.com 1-646-279-6380))</p></body></html>\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://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260304:nL6N3ZS1GN:1","article_id":"2617563080","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2617563080","pubTimestamp":1772652619,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"** Digital banking services firm Dave's DAVE.O shares up 1.1% at $211 in Weds afternoon trading and rising for seventh straight session as it. ** DAVE shares on longest winning streak since 12-session run last May, racking up ~27% gain along the way. ** Stock rose ~5% on Tues after co late Mon posted Q4 beat and 2026 adj EPS forecast of $14-$15 topped consensus. Los Angeles, California-based co unveiled proposed private offering of $150 mln 5-yr convertible bonds. ** It intends to use net offering proceeds for general purposes, including share repurchases under its stock buyback program** Also plans to use proceeds to fund capped calls, derivative transactions employed to help offset potential dilution, and repurchase its shares to facilitate hedging** Co has ~$2.8 bln market cap** Including move on the session, stock up roughly 135% over the past year. ** All 10 analysts are bullish, including 2 \"strong buy\" ratings; median PT $310, per LSEG data","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","BK4166":"消费信贷","DAVE":"Dave Inc"},"translate_title":"BUZZ-Fintech Dave在计划融资之前着眼于7天连胜","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DAVE":0.9},"content_text":"BUZZ-Fintech Dave eyes 7-day winning streak ahead of planned capital raise\n    ** Digital banking services firm Dave's DAVE.O shares up 1.1% at $211 in Weds afternoon trading and rising for seventh straight session as it \n    looks to raise capital\n  \n    ** DAVE shares on longest winning streak since 12-session run last May, racking up ~27% gain along the way\n  \n    ** Stock rose ~5% on Tues after co late Mon posted Q4 beat and 2026 adj EPS forecast of $14-$15 topped consensus\n  \n    ** Subsequently, \n    Los Angeles, California-based co unveiled proposed private offering of $150 mln 5-yr convertible bonds\n  ** It intends to use net offering proceeds for general purposes, including share repurchases under its stock buyback program** Also plans to use proceeds to fund capped calls, derivative transactions employed to help offset potential dilution, and repurchase its shares to facilitate hedging** Co has ~$2.8 bln market cap** Including move on the session, stock up roughly 135% over the past year\n    ** All 10 analysts are bullish, including 2 \"strong buy\" ratings; median PT $310, per LSEG data\n  (Lance Tupper is a Reuters market analyst. The views expressed are his own)((lance.tupper@tr.com 1-646-279-6380))","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":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"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,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","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/2617563080","isCrawlerRequest":true}