The IBD SmartSelect Composite Rating for Dave increased from 93 to 97 Thursday.
The upgrade means the stock is now outpacing 97% of all other stocks in terms of key performance metrics and technical strength.
Dave is now out of buy range after breaking out from a 43.99 buy point in a consolidation.
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The stock has an 81 EPS Rating, which means its recent quarterly and annual earnings growth tops 81% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.
The company reported a 0% rise in earnings for Q3. Sales growth climbed 41%, up from 31% in the prior report. That marks four consecutive reports with increasing revenue gains.
Dave holds the No. 1 rank among its peers in the Computer-Technical Services industry group. Innodata and GitLab Cl A are also among the group's highest-rated stocks.
