WallStreetZenWallStreetZen

How to Buy Dave Stock

Dave Inc

Dave Inc. provides a suite of financial products and services through its financial service online platform.

Dave stock last closed at $42.52, down 0.91% from the previous day, and has increased 668.9% in one year. It has overperformed other stocks in the Software - Application industry by 6.41 percentage points. Dave stock is currently +851.87% from its 52-week low of $4.47, and -7.04% from its 52-week high of $45.74.

There are currently 12.24M shares of DAVE outstanding. The market cap of DAVE is $520.40M. In the last 24 hours, 126,458 DAVE shares were traded.

How to Buy Dave Stock

Wondering how to invest in Dave stock? Here's how.
  1. Figure out where to buy Dave stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Dave stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Choose your payment method and add your info.
  4. Research Dave stock: The Dave ticker symbol is DAVE. Is Dave stock a good investment? Should you buy shares of DAVE? How do DAVE's underlying business fundamentals look? Do top analysts think Dave is a good buy? Why has DAVE's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if DAVE is a good stock to buy).
  5. Place your DAVE purchase: Decide if you will purchase DAVE shares at the current market price or use a limit order to buy DAVE stock at a given price.
  6. Monitor your DAVE investment: Create a watchlist to watch your new investment in Dave stock.

Step 1: Figure out where to buy Dave stock

You need a brokerage account to access the NASDAQ market and buy DAVE shares.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our research, eToro is the best stock brokerage. Here's why:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world financial markets: From Tech to Energy, New York to Shanghai — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of stock by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open a brokerage account

Now that you've picked the best brokerage, you'll need to fill out some personal info so you can buy DAVE stock today.

How to Start a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal info to start a new trading account.
  1. Send your info by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your investment account

Now that you've finished signing up on app for stock, your next step is to transfer the money for your investment:

Check out the video below if you need help depositing money into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Dave stock

After you have chosen the best place to buy Dave stock, it's crucial to analyze their stock before you buy, so you actually understand the risk as well as the opportunity.

Overview of key DAVE info

DAVE Price
$42.52
1w %
24.66%
1y %
668.9%
5y %
N/A
P/E
-10.45x
P/B
5.98x
P/S
1.96x
PEG
N/A
Revenue
$259.09M
Earnings
-$48.52M
Fore. Rev. Growth
18.72%
Fore. Earn. Growth
N/A
Market Cap
$520.40M
Next Earnings
May 7, 2024
Next Dividend
N/A

DAVE Overview

WallStreetZen was designed to help part-time investors do better fundamental analysis.

You can view all of the due diligence checks on DAVE's stock page.

What is the fair value of DAVE stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DAVE's fair value.

Using relative valuations measures:

  • DAVE could be undervalued based on its P/B ratio of 5.98x, relative to Software - Application industry P/B ratio of 6.49x

You can do more valuation analysis on DAVE's stock here.

A quick look at DAVE Financials

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the DAVE balance sheet.
  • DAVE profit margin has gone up from -62.9% to -18.7% in the past year.
  • Total DAVE debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the DAVE balance sheet.

Failed Health Checks:

  • DAVE has a relatively high debt to equity ratio of 2.38.
  • DAVE earnings of -$36.62M is not sufficient to cover its interest payments.
  • DAVE's operating cash flow of $33.75M allows it to safely service it's debt of $181.29M.

Is Dave stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Wall Street analysts who monitor DAVE, the consensus analyst rating on Dave is a Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Dave stock forecast page.

DAVE Trading Indicators

SMA10
37
SMA20
36.94
SMA50
33.18
SMA100
22.62
SMA200
14.36
MACD
1.8
MACD Signal
1.37
MACD Histogram
0.43
RSI
66.84
Stochastic %K
88.36
Stochastic %D
79.13
StochRSI %K
98.04
StochRSI %D
79.68

Is DAVE Making Money?

Last year, DAVE revenue was $259.09M. Over the past 5 year, DAVE's revenue has increased by 27.72% per year. This was faster than the Software - Application industry average of 27.57%.

Learn more about DAVE's earnings and revenue performance here.

Who is buying/selling DAVE?

Over the past 12 months, executives and large shareholders at DAVE have sold more shares than they have bought.

Kyle Beilman, CFO and Secretary of DAVE, was the latest DAVE insider to sell. They sold $139,292.88 worth of DAVE stock on Mar 14, 2024.

Research more about who owns DAVE stock here.

Can I rely on DAVE as an income stream?

No, Dave doesn't provide an income stream by paying out dividends.

What others are saying about DAVE

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Place your DAVE purchase

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, use a limit order.

Press the Open button and eToro will execute the order.

If you need additional info about buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Monitor your DAVE investment

Now that you own some DAVE shares, you'll want to keep up with your new investment.

Create a watchlist to monitor your DAVE stock.

DAVE Feed

How to Buy Stock in Dave

To reiterate, here are the 6 steps to buy stock in Dave:

  1. Figure out where to buy Dave stock
  2. Open a brokerage account
  3. Put funds into your investment account
  4. Research Dave stock
  5. Place your DAVE purchase
  6. Monitor your DAVE investment

If you require a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your new investment in Dave, click the button below.

NASDAQ: DAVE
$42.52-0.39 (-0.91%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: DAVE
$42.52-0.39 (-0.91%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Dave share?

As of Apr 25, 2024, it costs $42.52 to buy one share of Dave stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.235 shares of DAVE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Dave stock?

According to 1 Wall Street analysts who monitor Dave, their consensus recommendation is to buy Dave stock.

What is the best way to buy Dave stock?

One way to place an order for Dave stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.