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Dave, Inc. (DAVE)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-06-15
Intact
$308.75+7.66%
Close 2026-06-15 · 1-day change
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
The bottom line
Recent financial performance is strong, but management's recent track record is neutral, indicating some stability. Earnings quality is neutral, and risk is elevated, while the sector backdrop is a tailwind, helping DAVE compared with sector peers, which are above typical. Peer multiples imply a price about 9% above where it trades (it looks cheap on this basis); the read is fair. The outlook hinges on guidance changes and the performance of sector bellwethers. This read is provisional.
as of 2026-06-15
Quick facts
- Exchange
- NASDAQ
- Sector
- Information Technology
- Industry
- Software - Application
- Market cap
- $3.65B
- Employees
- —
- IPO date
- 2021-01-29
- Next earnings
- 2026-08-05
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 7 valuation methods, at three horizons. Current price $308.75. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryfair
$338.30consensus
Range $254.83 – $349.79
vs price: -9% below
Method agreement — · 7 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$627.91consensus
Range $521.63 – $659.35
vs price: -51% below
Method agreement — · 4 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peershigh confidence
At $309 DAVE trades at 21× p/e, below its 21× p/e peer median. Our $338 fair value sits above the price; high confidence. Analysts: $300–$342. Not investment advice.
Multiple (P/E)
21.0x
peer 21.2x · own history —
Premium
1.0x peer
Growth the price needs
-9%
our forecast 49%
Our fair value
$338.30
range $258.76 – $349.79
Analyst range(a guide on our number, not a target)Our number is in the analyst range
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
fairfair12-month view
What's priced inJustified
The price implies about 9% below a flat-multiple fair value, below our forecast of about 49%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only weak execution quality, a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
strongOperating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated strong grew net income 73% of the time over the next year (vs 58% for the rest of the cohort, n=2777).
96th pctl · Information Technology
Earnings quality
neutralOver the trailing year it converted 1.45x of net income into operating cash flow. Historically, Information Technology names rated neutral grew net income 62% of the time over the next year (vs 58% for the rest of the cohort, n=2831).
41st pctl · Information Technology
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to the US dollar, long-term interest rates, Fed net liquidity, real (inflation-adjusted) rates.
Management & capital allocation
neutralEarnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Strongly bullish11 analysts, 92% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $3.77 → $3.83 (+1.5% / 30d). 8 raised, 0 cut, 11 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d, 3 maintained. 92% of analysts rate Buy.
Price target activity
2 PT revisions / 30d. Avg target 19.6% above current price.
Market and fundamentals agree. Analysts are positioned bullishly on a fundamentally strong name.
Sector context
Intermediate · WeeklyManagement scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: strong
- Capital allocation
- strong
- Earnings discipline
- neutral
- Margin discipline
- neutral
- Balance sheet
- neutral
- Post-call reaction
- neutral
A guidance track record builds as the company issues and delivers on guidance.
as of 2026-06-15
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$236.
How much price usually moves either way.
On a bad day, this stock has moved -$681.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,467.
Deepest peak-to-trough drop in the last year.
elevatedas of 2026-06-15
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- score change · company_momentum_scoresmall change
Company momentum fell by 14.6 points (from 73.3 to 58.7).
As of June 15, 2026, company momentum fell. This indicates a decrease in recent performance. The risk remains elevated, suggesting ongoing concerns in the stock's volatility. The sector backdrop is a tailwind, which may still support the stock despite the changes in momentum.
as of 2026-06-15
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Short-term · Daily
- Either wayMedium confidenceWeeksactive 4d
Watch for retail sales data on June 17, 2026
Why it matters: Retail sales data can show consumer spending trends. This affects the company's growth outlook.
What confirms / what disproves
Confirms one read:Retail sales growth reported above 0.5% month over month.
Confirms the other:Retail sales growth reported below -0.5% month over month.
Sector context
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for DAVE yet.
This sector is also watching
- Watch for revenue growth in IT sector dropping below median
- Watch for FOMC decisions impacting tech investment
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If the Fed starts cutting rates from the current 3.62%, that would be a tailwind for DAVE and other Tech names, since rate-sensitive parts of the market tend to rally when the Fed eases.
- If sector bellwethers like SAP, CRM, and CDNS keep beating earnings and guiding higher, the Tech sector momentum should keep lifting DAVE and other Tech names. Worth watching these names for early signals.
Downside triggers
- If DAVE reverses and cuts guidance after recently raising (RAISED as of 2026-05-05), that's the worst kind of move: a credibility hit on top of the lower number. Stocks usually get punished disproportionately for this.
- If sector bellwethers like SAP, CRM, and CDNS start missing or guiding lower, the Tech tailwind helping DAVE and other Tech names could fade. Watch these names for early warning.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits DAVE and other Tech names harder than the average stock, since the sector is growth-sensitive.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-051mo agoItem 2.02
Results of Operations and Financial Condition. On May 5, 2026, Dave Inc. (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2026. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information furnished under this Item 2.02, including Exhibit 99.1, will not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange…
Earnings preannouncementpositive
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
+3.9 vs last weeklatest as of 2026-06-16
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.