Keefe, Bruyette & Woods Begins Coverage on Dave (NASDAQ:DAVE)

Posted by Scott Moore on Feb 9th, 2026

Research analysts at Keefe, Bruyette & Woods began coverage on shares of Dave (NASDAQ:DAVE – Get Free Report) in a research report issued to clients and investors on Monday, MarketBeat.com reports. The brokerage set an “outperform” rating on the fintech company’s stock.

Several other research analysts have also issued reports on DAVE. Citizens Jmp raised their price target on shares of Dave from $300.00 to $310.00 and gave the stock a “market outperform” rating in a report on Wednesday, November 5th. Barrington Research reiterated an “outperform” rating and set a $290.00 price objective on shares of Dave in a research report on Monday, November 3rd. Wall Street Zen raised shares of Dave from a “hold” rating to a “buy” rating in a research note on Saturday. Lake Street Capital reaffirmed a “buy” rating on shares of Dave in a research report on Wednesday, December 24th. Finally, Weiss Ratings downgraded Dave from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 26th. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $304.25.

View Our Latest Research Report on Dave

Dave Stock Up 17.5%

Shares of NASDAQ:DAVE opened at $183.22 on Monday. The firm has a market cap of $2.47 billion, a P/E ratio of 18.16 and a beta of 3.89. The company has a quick ratio of 8.69, a current ratio of 8.69 and a debt-to-equity ratio of 0.26. Dave has a 12-month low of $65.46 and a 12-month high of $286.45. The business has a fifty day simple moving average of $201.98 and a 200 day simple moving average of $210.22.

Insider Transactions at Dave

In other Dave news, Director Imran Khan sold 33,270 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $199.34, for a total value of $6,632,041.80. Following the completion of the sale, the director owned 2,110 shares of the company’s stock, valued at approximately $420,607.40. This trade represents a 94.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jason Wilk sold 7,393 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $203.77, for a total value of $1,506,471.61. Following the transaction, the chief executive officer directly owned 210,461 shares in the company, valued at $42,885,637.97. The trade was a 3.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 105,164 shares of company stock worth $20,700,863 in the last three months. Insiders own 28.48% of the company’s stock.

Institutional Trading of Dave

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Dave in the 2nd quarter worth about $359,000. Quadrature Capital Ltd grew its stake in Dave by 120.3% in the 2nd quarter. Quadrature Capital Ltd now owns 9,751 shares of the fintech company’s stock valued at $2,615,000 after buying an additional 5,325 shares in the last quarter. Silver Oak Wealth Advisors Services LLC bought a new stake in Dave during the 2nd quarter valued at $501,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Dave during the second quarter worth $913,000. Finally, Sigma Planning Corp purchased a new stake in shares of Dave during the second quarter worth $425,000. Institutional investors own 18.01% of the company’s stock.

Key Stories Impacting Dave

Here are the key news stories impacting Dave this week:

Positive Sentiment: Analysts have an average recommendation of “Moderate Buy” on DAVE, which can support investor confidence and buying interest following recent volatility. Dave Inc. (NASDAQ:DAVE) Receives Average Recommendation of “Moderate Buy” from Analysts
Positive Sentiment: Pre‑market action showed a notable gap up (previous close ~$155.92 to an open around $175.73) with elevated volume cited in coverage — a technical catalyst that likely drove intraday buying and momentum trades. Monitor whether volume sustains the move. Dave (NASDAQ:DAVE) Shares Gap Up — Should You Buy?
Neutral Sentiment: Founder/brand‑name overlap stories: Dave Portnoy’s high‑profile Super Bowl appearances and commentary are getting media coverage but appear unrelated to Dave Inc.’s business fundamentals; likely limited direct impact on revenue or guidance. Dave Portnoy makes his triumphant return to Super Bowl after being dragged out of the last one
Neutral Sentiment: Additional media mentions of Portnoy and related Super Bowl commentary are driving headlines but not company disclosures; treat as noise unless tied to corporate action. Dave Portnoy gives state of Patriots address after miserable Super Bowl 2026 start
Neutral Sentiment: Other celebrity “Dave” items (entertainment, local obituaries, music charts) are unrelated to the fintech company and unlikely to move the stock. Dave Chappelle can’t shy away from controversy at star-studded SF Super Bowl bash

About Dave

(Get Free Report)

Dave, Inc is a Los Angeles–based financial technology company founded in 2016 by Jason Wilk and John Wolanin. The company offers a subscription-based mobile app designed to help consumers avoid overdraft fees, manage their budgets and track expenses. Through its platform, members receive low-balance alerts, expense categorization and cash-advance capabilities tied to upcoming deposits.

At the core of Dave’s offering is fee-free overdraft protection: eligible users can request small, interest-free advances up to a preset limit, typically repaid on their next paycheck or deposit.