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Upturn AI SWOT - About
Dave Inc (DAVE)
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Upturn Advisory Summary
04/01/2025: DAVE (4-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 392.67% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.11B USD | Price to earnings Ratio 20.17 | 1Y Target Price 128.38 |
Price to earnings Ratio 20.17 | 1Y Target Price 128.38 | ||
Volume (30-day avg) 537749 | Beta 3.53 | 52 Weeks Range 28.31 - 125.00 | Updated Date 04/2/2025 |
52 Weeks Range 28.31 - 125.00 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 4.19 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-03-03 | When Before Market | Estimate 1.046 | Actual 2.04 |
Profitability
Profit Margin 16.67% | Operating Margin (TTM) 20.82% |
Management Effectiveness
Return on Assets (TTM) 7.29% | Return on Equity (TTM) 42.84% |
Valuation
Trailing PE 20.17 | Forward PE 14.14 | Enterprise Value 1092112216 | Price to Sales(TTM) 3.19 |
Enterprise Value 1092112216 | Price to Sales(TTM) 3.19 | ||
Enterprise Value to Revenue 3.15 | Enterprise Value to EBITDA 14.37 | Shares Outstanding 11580000 | Shares Floating 8327862 |
Shares Outstanding 11580000 | Shares Floating 8327862 | ||
Percent Insiders 14.81 | Percent Institutions 79.42 |
Analyst Ratings
Rating 4.71 | Target Price 108 | Buy 2 | Strong Buy 5 |
Buy 2 | Strong Buy 5 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Dave Inc
Company Overview
History and Background
Dave Inc. (DAVE) was founded in 2017 with the mission to build products that level the financial playing field. It began as a budgeting and overdraft protection app, later expanding its services.
Core Business Areas
- Dave Banking: Provides checking accounts with no minimum balance fees and the ability to receive paychecks up to two days early.
- ExtraCash: Offers interest-free advances to help users avoid overdraft fees. Users can borrow up to $500 instantly.
- Side Hustle: Connects users with gig economy jobs to earn extra income.
Leadership and Structure
Jason Wilk is the CEO. The company operates with a functional structure organized around key business areas like engineering, product, marketing, and finance.
Top Products and Market Share
Key Offerings
- ExtraCash: Interest-free cash advances up to $500. Dave claims to have millions of users. Competitors include Earnin, MoneyLion, and Brigit.
- Dave Banking: Checking account with early paycheck access. Competitors include Chime, Varo, and Current.
- Side Hustle: Platform connecting users with gig work. This is part of the overall gig-economy market and therefore it is difficult to measure specific market share. Competitors include Upwork, TaskRabbit and Fiverr.
Market Dynamics
Industry Overview
The fintech industry is experiencing rapid growth, driven by increasing demand for digital financial services and innovation in areas like mobile banking and lending.
Positioning
Dave Inc. focuses on providing financial tools and services to everyday Americans, particularly those with low or unstable incomes. Its competitive advantage lies in its user-friendly interface, focus on overdraft protection, and integration of banking and gig economy opportunities.
Total Addressable Market (TAM)
The TAM for the neobanking and cash advance market is estimated to be in the tens of billions of dollars. Dave is positioned to capture a portion of this market by focusing on underserved customers and creating products that improve financial stability.
Upturn SWOT Analysis
Strengths
- Strong brand recognition among target demographic
- User-friendly mobile app
- Focus on financial inclusion
- Integration of banking, cash advances, and gig work opportunities
Weaknesses
- Reliance on subscription and transaction fees
- Limited product offerings compared to traditional banks
- Competition from larger fintech companies and traditional banks
- Profitability Concerns
Opportunities
- Expansion into new financial products and services
- Partnerships with other fintech companies
- Increased adoption of digital banking
- Growing demand for gig economy opportunities
Threats
- Increased competition from other fintech companies
- Changes in regulations governing fintech companies
- Economic downturn
- Security breaches or data privacy concerns
Competitors and Market Share
Key Competitors
- SOFI
- CHIME
- LC
Competitive Landscape
Dave has a strong focus on overdraft protection and access to gig work. However, larger competitors have more diverse product offerings. Dave competes based on its niche focus and user experience.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Dave Inc. has experienced rapid user growth since its founding, driven by its focus on financial inclusion and user-friendly mobile app.
Future Projections: Future growth projections would be based on analyst estimates and would require access to real-time market data.
Recent Initiatives: Dave Inc. has recently launched new products and services, such as Side Hustle, and has focused on expanding its user base through marketing and partnerships.
Summary
Dave Inc. is a fintech company focusing on providing financial services to everyday Americans. The company's strengths include a user-friendly app and focus on financial inclusion. However, it faces competition and profitability challenges. Growth opportunities lie in expanding its product offerings and partnerships but it faces risks such as increased competition and economic uncertainty.
Similar Companies
PYPL
PayPal Holdings Inc
PYPL
PayPal Holdings Inc
SOFI
SoFi Technologies Inc.
SOFI
SoFi Technologies Inc.
UPST
Upstart Holdings Inc
UPST
Upstart Holdings Inc
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Market Research Reports
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be construed as financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. The financial data is based on historical information and may not be indicative of future performance.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Dave Inc
Exchange NASDAQ | Headquaters Los Angeles, CA, United States | ||
IPO Launch date 2021-04-26 | Co-Founder, CEO, President & Chairman Mr. Jason Wilk | ||
Sector Technology | Industry Software - Application | Full time employees 274 | Website https://dave.com |
Full time employees 274 | Website https://dave.com | ||
Dave Inc. provides various financial products and services through its financial services platform in the United States. The company offers Budget, personal financial management tool that helps members with budgeting, and managing income and expenses; ExtraCash, a short-term liquidity alternative, which allows members to advance funds to their account through automated clearing house network and avoid a fee; Side Hustle, a job application portal to find supplemental or temporary work; and Surveys, which allows member to take paid surveys within the Dave mobile application. It also provides Dave Banking, a digital checking and demand deposit account. Dave Inc. was founded in 2015 and is headquartered in Los Angeles, California.
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