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Yahoo
6 days ago
- Business
- Yahoo
Dave Stock Skyrockets 416% in a Year: Should You Play or Let Go?
Dave Inc. DAVE stock has shown remarkable growth over the past year. The stock has skyrocketed 416%, outperforming the industry's 77.2% rally and the Zacks S&P 500 composite's 17.7% growth. DAVE's performance is significantly higher than that of its close competitors, Upstart Holdings' UPST 75.7% growth and OppFi's OPFI 141.9% surge. 1-Year Price Performance Image Source: Zacks Investment Research Dave's recent performance paints a different picture. Its shares have declined 13.7% in the past month compared with industry's 10.4% growth and the Zacks S&P 500 composite's 3.3% growth. DAVE's recent decline signals that it is going through a correction phase. Meanwhile, OppFi and Upstart Holdings have lost 15.4% and 9.8%, respectively. 1-Month Price Performance Image Source: Zacks Investment Research Investors may find DAVE's past year's share performance appealing. However, recent results may cause them to reconsider. Let us explore further to conclude what investors should do now. DAVE's Growing Membership Base Dave's rising membership base has served as a key driver of its financial performance in the second quarter of 2025. Monthly Transacting Members were 2.6 million, up 16% from the year-ago quarter. This growth corresponds to the addition of 722,000 new members, at an average customer acquisition cost of $19. A 51% rally in ExtraCash originations in the quarter and 27% growth in Dave Debit Card are a testament to high customer engagement. This sustained member growth, coupled with an enhanced monetization strategy, led to a 64% year-over-year jump in revenues and a 236% upsurge in adjusted EBITDA, reinforcing confidence in the company's outlook and continued expansion. Dave Inc. Revenue (Quarterly) Dave Inc. revenue-quarterly | Dave Inc. Quote Inherently High Credit Risks Weigh on DAVE DAVE's core business model relies on providing small, interest-free cash advances to the underbanked population, who are often neglected by traditional banks. The ExtraCash advances are not subject to a conventional credit check, indicating a higher risk level. Although Dave claims to have lowered credit risk by incorporating CashAI, its proprietary underwriting system, the company remains highly susceptible to macroeconomic headwinds. The recent international tariff shakeup has impacted consumer costs, with prices moving 2.7% up in July from a year ago. This rising inflation results in lower disposable income for those who are living paycheck to paycheck. Such a situation increases the likelihood of consumer advances, leading to higher delinquency rates. In the second quarter of 2025, DAVE reported a 28-day delinquency rate of 2.4%, higher than the year-ago quarter's 2%. The fact that this metric has increased, even though slightly, is alarming. The U.S. unemployment rate has moved up marginally to 4.2% in July from 4.1% in June. About 73,000 non-farm payroll jobs were added in July, significantly lower than the market expectation of 109,000. The U.S. job market slowdown signals higher default risks. With the rising probability of interest rate cuts in the coming months, one may be bullish about the U.S. economy. However, the counteracting risks of higher inflation may trap DAVE users and the company in a loop of increased borrowing and higher default risks. DAVE Faces Fierce Competition Not only do neobanks but traditional ones also threaten Dave. The company caters to the same customer base, consisting of millennials and Gen Zs, who are tech-savvy and live paycheck to paycheck. Fintechs such as OppFi and Upstart Holdings offer similar services to DAVE's. Therefore, in an expanding neobank market, Dave may find itself capturing a fair share of the market pie. Competition moves up a notch when traditional banks come into play. While Dave's primary motive is to target customers who want to avoid traditional bank fees, these banks are introducing offerings such as small-dollar loans and overdraft protection services that compete with fintechs. To stay ahead of the pack, swift investment is the need of the hour. Considering DAVE does the needful, we can expect the company to find it difficult juggling between growth and profitability. No Dividends: Dave's Red Flag Income-seeking investors find stocks with no scope for dividends unappealing. DAVE, operating since 2016, has never paid out dividends and does not plan to do so. Although reluctance to pay dividends is a vital feature of a growth-oriented company, investors seeking regular income may not find this enticing since return in the form of stock appreciation is not guaranteed. Verdict for DAVE: Exit Your Position Dave is successful at attracting more customers using its top-notch offerings. We expect sustained growth and expansion; however, the lingering credit risks threaten DAVE's prospects. Unfavorable macroeconomic factors raise the probability of customer default. That being said, competition is fierce as neobanks and traditional banks find a way out to capture market share, offering services similar to Dave's. Finally, lack of dividends does not necessarily appeal to income-seeking investors. We recommend investors who have gained from the stock's long-term appreciation to book their profits, since the recent correction phase could slash returns. Potential buyers are urged to refrain from considering this stock for now. DAVE currently sports a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dave Inc. (DAVE) : Free Stock Analysis Report Upstart Holdings, Inc. (UPST) : Free Stock Analysis Report OppFi Inc. (OPFI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
04-08-2025
- Business
- Yahoo
OppFi to present at the Oppenheimer 28th Annual Technology, Internet & Communications Conference
CHICAGO, Aug. 4, 2025 /PRNewswire/ -- OppFi Inc. (NYSE: OPFI) ("OppFi" or the "Company"), a leading tech-enabled digital finance platform that partners with banks to provide financial products and services for everyday Americans, today announced that Pam Johnson, CFO, will present at the Oppenheimer 28th Annual Technology, Internet & Communications Virtual Conference on August 12, at 3:45 p.m. ET. A video webcast of the presentation will be available at or on the Company's website at The webcast will be archived on the company's website for 90 days following the event. About OppFiOppFi (NYSE: OPFI) is a tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans. Through this transparent and responsible platform, which emphasizes financial inclusion and exceptional customer experience, the Company assists consumers who are underserved by traditional financing options in building improved financial health. OppLoans by OppFi maintains a 4.5/5.0 star rating on Trustpilot based on over 4,900 reviews, positioning the Company among the top consumer-rated financial platforms online. OppFi also holds a 35% equity interest in Bitty Holdings, LLC ("Bitty"), a credit access company that provides revenue-based financing and other working capital solutions to small businesses. For additional information, please visit Investor Relations:Mike GallentineHead of Investor Relationsmgallentine@ Media Relations:media@ View original content to download multimedia: SOURCE OppFi Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-07-2025
- Business
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Can OppFi's Customer-Centric Approach Boost Its Market Position?
OppFi's OPFI customer-centric approach serves as its paramount differentiator within the alternative lending platform market. While most players vie for market share, OppFi's priority toward customer experience, trust and financial inclusion sets it apart. OPFI's bank-partner model is a key enabler of this customer-centric approach. This model targets the population that falls in the Fair Issac Corporation score range below the 650 mark, wherein traditional lending options get blurry. Hence, this practice allows the company to broaden its reach across the United States, ensuring a significant number of underserved consumers can access credit. OppFi's ability to serve customers is greatly improved by its advanced AI and machine learning models. In the first quarter of 2025, OPFI saw its auto-approval rate rise to 79% from 73% in the same quarter last year. This demonstrates an efficient application process, reducing friction and allowing qualified borrowers to access funds quickly. Besides effective cost management, the increasing auto-approval rate indicates faster decisions and a smoother experience for customers. The tangible results from the customer-first strategy are evident in OPFI's astounding customer satisfaction ratings. As of the first quarter of 2025, OPFI's OppLoans had a 4.7/5.0-star rating on Trustpilot from more than 4,900 reviews, making the company one of the top consumer-related financial platforms online. Per Better Business Bureau, the company is rated A+, bolstering OppFi's credibility and commitment to resolving customer issues. OppFi's Net Promoter Score (NPS) is 78, signifying a highly loyal consumer base willing to advocate for its brand. These numbers collectively demonstrate OPFI's commitment to transparency, simplified installment loans and features including same-day funding. It translates directly into customer loyalty and reputation, which serves the company well in distinguishing itself within the underserved population. With the U.S. alternative lending platform market anticipated to grow, seeing a CAGR of 25.4% from 2025 to 2030, OPFI has positioned itself on the back of its elite customer-centric approach to enjoy a headstart in the race to capture a greater market share. The stock has skyrocketed 297.4% in the past year, significantly outperforming its competitors, PayPal Holdings PYPL and Paysafe Limited PSFE, and the industry as a whole. The industry has rallied 28.1%. PayPal Holdings has gained 28.6%, while Paysafe Limited has declined 26.8% in the same period. Image Source: Zacks Investment Research From a valuation standpoint, OPFI trades at a forward price-to-earnings ratio of 10.62, lower than the industry's 22.84. PayPal and Paysafe trade at 13.86 and 4.95, respectively. Image Source: Zacks Investment Research OPFI and Paysafe have a Value Score of A, whereas PayPal has a Value Score of B. The Zacks Consensus Estimate for OppFi's earnings for 2025 is pegged at $2.38 per share, suggesting 11.2% year-over-year growth. Image Source: Zacks Investment Research OPFI currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report Paysafe Limited (PSFE) : Free Stock Analysis Report OppFi Inc. (OPFI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
14-06-2025
- Business
- Yahoo
3 Best of the Best Stocks for Your Short List
(0:45) - Finding The Perfect Stocks For Your Portfolio With This Stock Screener (4:50) - Tracey's Top Stock Picks For Your Watchlist Right Now (18:00) - Episode Roundup: OPFI, HMY, URBN Podcast@ 3 Takeaways Zacks Best of the Best stock screen looks for Strong Buys with VGM of A. The screen returned 12 best of the best stocks. What makes these companies the best? All three are posting record results. Welcome to Episode #447 of the Zacks Market Edge Podcast. Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life. This week, Tracey is going solo to screen for the 'best of the best' stocks. This screen looks for stocks that have the highest Zacks Rank, the Strong Buy, along with the highest VGM Style Score of A. It combines the power of the Zacks Rank, which includes rising earnings estimates, with top fundamentals, including value, growth and momentum. This is a rare combination. Screening for the Best of the Best This screen includes those that have the top Zacks Rank of #1 which is a Strong Buy. On any given day, there are less than 250 companies that have the #1 Rank. The top Rank usually indicates that the covering analysts are raising their earnings estimates on that company. This can indicate something positive is happening at the company. Additionally, the companies must have the highest Style VGM score of A. The VGM combines the Value, Growth, and Momentum Style Scores into one. It's rare to have a VGM score of A. Running this screen, it returned just 12 stocks. 3 Best of the Best Stocks for Your Short List 1. OppFi Inc. OPFI OppFi is a tech-enabled digital finance platform that works with banks to supply financial products and services. It's a small cap company with a market cap of $1.05 billion. In the first quarter of 2025, OppFi generated record quarterly revenue, exceeded its own quarterly guidance by more than 40% and raised full year earnings guidance. Shares of OppFi have soared in 2025, gaining 58.3%, yet it's still cheap. OppFi trades with a forward price-to-earnings (P/E) ratio of just 10.2. Should a Zacks #1 Strong Buy like OppFi be on your short list? 2. Harmony Gold Mining Co. Ltd. (HMY) Harmony Gold Mining Co. is a large cap gold miner headquartered in South Africa. On May 27, 2025, Harmony Gold announced it was acquiring MAC Copper, and its CSA Copper Mine in Australia for $1.03 billion. It will be paid for with a bridge facility and existing cash reserves. Harmony Gold expects the deal to increase free cash flow. Meanwhile, gold is hitting record highs in 2025 at over $3000 an ounce. Earnings are expected to jump 116% next fiscal year. Shares of Harmony Gold are up 85% year-to-date but are still attractively priced. It trades with a PEG ratio, which measures value and growth, of 0.2. A PEG ratio under 1.0 indicates that a company has both value and growth. Analysts are bullish on Harmony Gold Mining. Should investors be too? 3. Urban Outfitters, Inc. (URBN) Urban Outfitters is a specialty retailer which operates the Urban Outfitters, Anthropologie and Free People chains. It sells online, in stores and wholesale to specialty customers and department stores. In the first quarter, Urban Outfitters saw record first quarter sales. Comparable sales were up 4.8%, with each brand seeing positive comparable sales led by Anthropologie at 6.9%. Despite the tariff uncertainty, Urban Outfitters shares are up 27% year-to-date. It also trades with a forward P/E of just 14. A P/E ratio under 15 usually indicates value. Is Urban Outfitters a retail gem in 2025? What Else Should You Know About the Best of the Best Stocks? Tune into this week's podcast to find out. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Harmony Gold Mining Company Limited (HMY) : Free Stock Analysis Report OppFi Inc. (OPFI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
03-06-2025
- Business
- Yahoo
The Best Top-Ranked Stocks to Buy in June
The S&P 500 jumped 6% last month for its best May since 1990 and its strongest monthly performance since November 2023. Meanwhile, the Nasdaq surged nearly 10% as Wall Street dove headfirst back into beaten-down technology stocks. The bulls pressed their advantage to start June, pushing the Nasdaq up 0.7% higher on Monday and 1% through midday trading Tuesday, boosted by strong showings from Nvidia and other tech giants. The bulls are in charge, fueled by tech earnings growth and trade war progress. Now they are attempting to break above a key trading range before they send the market to new all-time highs. It's time to explore how investors can use a Zacks screen to help find some of the best Zacks Rank #1 (Strong Buy) stocks to buy in June and throughout the summer of 2025. Zacks Rank #1 (Strong Buy) stocks outperform the market in good and bad times. However, there are over 200 stocks that earn a Zacks Rank #1 at any given time. Therefore, it's helpful to understand how to apply filters to the Zacks Rank in order to narrow the list down to a more manageable and tradable set of stocks. Clearly, there are only three items on this screen. But together, these three filters can result in some impressive returns. • Zacks Rank equal to 1 Starting with a Zacks Rank #1 is often a strong jumping off point because it boasts an average annual return of roughly 24.4% per year since 1988. • % Change (Q1) Est. over 4 Weeks greater than 0 Positive current quarter estimate revisions over the last four weeks. • % Broker Rating Change over 4 Week equal to Top # 5 Top 5 stocks with the best average broker rating changes over the last four weeks. This strategy comes loaded with the Research Wizard and is called bt_sow_filtered zacks rank5. It can be found in the SoW (Screen of the Week) folder. Here is one of the five stocks that qualified for the Filtered Zacks Rank 5 strategy today… OppFi's (OPFI) works with banks to provide financial products and services for 'everyday Americans' via its tech-enabled digital finance platform. OppFi partners with community banks to offer installment loans to middle-income Americans who are underserved by traditional financial institutions because of low credit scores and more. Image Source: Zacks Investment Research The company's digital OppLoans platform uses AI-driven underwriting to offer transparent, responsible lending with same-day funding. OppFi also supports financial education through partnerships to help customers improve their financial health. OppFi is projected to grow its earnings by 30% this year and 9% next year on 10% and 4%, respective revenue expansion. The financial services firm has crushed our bottom-line estimates by an average of 60% in the trailing four quarters, including a big beat-and-raise Q1 in early May. OppFi's recent upward earnings revisions are part of a much larger uptrend during the past year. Image Source: Zacks Investment Research OPFI stock has soared 300% in the past 12 months to crush its Business Services sector's 13%. Its recent outperformance is part of a 550% two-year run that's taken it above its summer 2021 levels after it went public via a SPAC. Despite the surge, investors can buy OppFi stock 22% below its February peaks while holding its ground above its 2021 IPO levels and its 21-day moving average recently. OppFi also trades at a 60% discount to its sector and 45% below its highs at 9.4X forward 12-month earnings. Get the rest of the stocks on this list and start looking for the newest companies that fit these criteria. It's easy to do. And it could help you find your next big winner. Start screening for these companies today with a free trial to the Research Wizard. You can do it. Click here to sign up for a free trial to the Research Wizard today. Want more articles from this author? Scroll up to the top of this article and click the FOLLOW AUTHOR button to get an email each time a new article is published. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report OppFi Inc. (OPFI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
