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home / news releases / DAVE - Dave: This Move Higher Is Not Done

DAVE - Dave: This Move Higher Is Not Done

Dave Inc.

2024-04-23 15:22:18 ET

Summary

  • I'm impressed by Dave's financial performance, showcasing a clear dedication to profitability and operational efficiency.
  • The balance sheet is no longer a concern. There are enough positives to drive the share price higher than $24 per share.
  • Despite strong performance, investors are not fully pricing in Dave's prospects. Stock still priced at less than 7x forward EBITDA.

Investment Thesis

Dave ( DAVE ) is set to report its Q1 2024 results on 7 May , premarket. The stock continues to be a strong performer in 2024, not selling off as the market moves decidedly into ''risk-off'' sentiment....

For further details see:

Dave: This Move Higher Is Not Done
Stock Information
Company Name: Dave Inc.
Stock Symbol: DAVE
Market: NASDAQ
Website: dave.com
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