Buy DAVE: Membership Resilience and Cash-Generating Engine Support a Tactical Long
Dave Inc. combines a sticky user base with strong unit economics and sizable free cash flow. At $344.71 with a market cap near $4.38B, the stock still trades at a premium vs. sales but shows improving profitability and a balance-sheet cushion from a $175M convertible note. This trade targets continued enterprise multiple expansion while managing do…