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Added to YB: 2025-09-18

Pitch date: 2025-08-03

DAVE [bearish]

Dave Inc.

+15.82%

current return

Author Info

No bio for this author

Company Info

Dave Inc. provides various financial products and services through its financial services platform in the United States.

Market Cap

$2.8B

Pitch Price

$234.75

Price Target

95.00 (-52%)

Dividend

N/A

EV/EBITDA

19.15

P/E

20.29

EV/Sales

5.61

Sector

Consumer Finance

Category

N/A

Show full summary:
Dave Inc. - $DAVE (short)

DAVE short: Payday lender at 35x P/E faces 60% downside. Flawed unit economics (-$40 per MTM after $175 CAC), debt trap model, saturated $25M TAM with 50% already captured. New mandatory 5% fees vs competitors' optional tipping will drive churn. High-risk restaurant/retail customers vulnerable to macro weakness. Target $95 (10x 2026E EBITDA).

Read full article (13 min)