Dave (DAVE) is rated a "Strong Buy" by 11 Wall Street analysts, driven by robust revenue, earnings, and cash flow growth.
DAVE has surged 104% over the past year.
The stock maintains a 100% "Buy" technical opinion from Barchart.
Despite high short interest (19.38%) and Morningstar's view of 35% overvaluation, I prioritize strong fundamentals and analyst consensus.
Valued at $5.6 billion, Dave (DAVE) provides various financial products and services through its platform in the United States.
I found today's Chart of the Day by using Barchart's powerful screening functions to sort for stocks with the highest technical buy signals; superior current momentum in both strength and direction, Weighted Alpha above 50+ and a 60-Month Beta over 1.5. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. DAVE checks those boxes. The Trend Seeker issued a new "Buy" signal on April 15. Since then, the stock has gained 91.92%.
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Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report. These technical indicators form the Barchart Opinion on a particular stock.
Dave scored a 3-year high of $455.98 on July 16.
Dave has a Weighted Alpha of 122.89.
DAVE has a 100% "Buy" opinion from Barchart.
The stock has gained 104.01% over the past 52 weeks.
Dave has its Trend Seeker "Buy" signal intact.
The stock recently traded at $446.12 with a 50-day moving average of $310.66.
DAVE has made 12 new highs and gained 41.50% over the past month.
Relative Strength Index (RSI) is at 77.17.
There's a technical support level around $419.46.
$5.6 billion market capitalization.
30.97x trailing price-earnings ratio.
Revenue is projected to grow 29.03% this year and another 20.33% next year.
Earnings are estimated to increase 25.96% this year and an additional 26.88% next year.
Source: Yahoo Finance Top News — This article was automatically imported from the source. Read full article at original source →
