DAVE Stock Recent News

LOS ANGELES, July 23, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, will host a conference call on Tuesday, August 6, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. The Company's results will be reported in a press release prior to the call.

LOS ANGELES, July 18, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation's leading neobanks, today issued a statement regarding a proposal from the Consumer Financial Protection Bureau (“CFPB”):

DAVE INC (DAVE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Markets are momentum-driven, favoring stocks going up regardless of valuation or business fundamentals. PLAY trades less than 6X EV/ adjusted EBITDA and has mid-20 % adjusted EBITDA margins. Dave & Buster's Entertainment shares have been stagnant for five years despite strong operating results, presenting a buying opportunity at $38 per share. PLAY has plenty of growth ahead, driven by new units, international franchising, and store remodeling.

Dave is a fintech company founded in 2016 by Jason Wilk, went public in late 2021 through a SPAC merger valued at $4bn. Dave's core product is a cash advance service with 2.2m monthly active users, generating revenue through transaction fees, tips, and subscriptions. Dave's potential for $10+ EPS in 2025 or 2026, driven by new subscription pricing and improved profitability levers, with a valuation estimate of over $100/share.

Vancouver, British Columbia--(Newsfile Corp. - July 3, 2024) - Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) ("Canada One" or the "Company") is pleased to announce that Mr. Dave Anthony has joined the Company's Advisory Board.

MARLBOROUGH, Mass.--(BUSINESS WIRE)--BJ's Wholesale Club Holdings, Inc. (NYSE: BJ) (“BJ's”), a leading operator of membership warehouse clubs, today announced that Dave Burwick has been named to the company's board of directors, effective immediately. Mr. Burwick will serve as a member of the company's Nominating and Corporate Governance Committee. “We are pleased to welcome Dave to our board,” said Bob Eddy, Chairman and Chief Executive Officer. “Dave brings over 30 years of strategic leadersh.

Dave Inc. has resolved critical balance sheet problems and is now demonstrably profitable, reducing financial risk. Dave's products like CashAI and DaveGPT drive efficient member acquisition and retention, essential for sustainable growth. At 12x EBITDA, Dave presents a favorable risk-reward profile, with the potential for revaluation to 18x forward EBITDA, making it a compelling investment opportunity.

Dave & Buster's Q1 results show continued comparable sales weakness, leading to a wide revenue and EPS miss. The long-term growth story still continues with new store openings in the quarter. The Main Event acquisition has been integrated well with Dave & Buster's having very healthy margins despite recent sales weakness.

Dave & Buster's Entertainment (PLAY) shares slumped more than 10% in premarket trading on Thursday after the restaurant and entertainment chain posted quarterly results that fell short of expectations amid challenging economic conditions weighing on consumer demand.