11 Unstoppable Growth Stocks to Invest in Now

6. Dave Inc. (NASDAQ:DAVE)

Number of Hedge Fund Holders: 27

3-Year Revenue Growth: ~33.2%

% Increase on a YTD Basis: ~93.7%

Dave Inc. (NASDAQ:DAVE) offers various financial products and services via its financial services platform. Mark Palmer, an analyst from Benchmark Co., reiterated a “Buy” rating on the company’s stock, and the associated price target was increased to $202.00. The analyst’s rating is backed by a combination of factors demonstrating Dave Inc. (NASDAQ:DAVE)’s healthy financial performance and strategic improvements. As per the analyst, the company released outstanding Q1 2025 results, significantly surpassing the market expectations in critical financial metrics like revenue and adjusted EBITDA. The company’s Q1 2025 revenue came in at $108.0 million, reflecting accelerating growth of 47% YoY.

In Q1 2025, Dave Inc. (NASDAQ:DAVE)’s adjusted EBITDA rose 235% YoY and 32% sequentially to $44.2 million. This acceleration was aided by strong execution throughout the business and amplified by the early success of its new fee structure, which improved monetization and conversion rates while maintaining healthy member retention. The analyst highlighted that Dave Inc. (NASDAQ:DAVE) demonstrated improvement in credit metrics, with a strong reduction in its delinquency rate despite a surge in loan originations. The company’s credit metrics touched record levels with its 28-day delinquency rate dropping by 33 basis points YoY, driven by ongoing optimization of CashAI.