Dave (NASDAQ:DAVE) Price Target Raised to $449.00

Dave (NASDAQ:DAVE) had its target price lifted by analysts at B. Riley Financial from $370.00 to $449.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the fintech company’s stock. B. Riley Financial’s price target would suggest a potential upside of 17.63% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Weiss Ratings upgraded shares of Dave from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Citizens Jmp lifted their target price on Dave from $450.00 to $475.00 and gave the stock a “market outperform” rating in a report on Thursday. Freedom Capital upgraded shares of Dave to a “hold” rating in a research report on Thursday, July 30th. Lake Street Capital reissued a “buy” rating and issued a $332.00 price target on shares of Dave in a report on Wednesday, May 6th. Finally, Barrington Research raised their price objective on shares of Dave from $290.00 to $310.00 and gave the company an “outperform” rating in a research report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $401.10.

Dave Stock Performance

Dave stock traded down $48.45 during mid-day trading on Thursday, hitting $381.71. 286,050 shares of the company’s stock traded hands, compared to its average volume of 567,043. The company has a quick ratio of 3.86, a current ratio of 3.86 and a debt-to-equity ratio of 0.95. Dave has a one year low of $152.21 and a one year high of $458.25. The firm has a 50 day moving average price of $353.90 and a 200 day moving average price of $259.45. The company has a market cap of $4.85 billion, a PE ratio of 24.55 and a beta of 3.83.

Dave (NASDAQ:DAVE) last released its quarterly earnings results on Wednesday, August 5th. The fintech company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.44 by ($2.95). The business had revenue of $170.79 million during the quarter, compared to the consensus estimate of $171.11 million. Dave had a return on equity of 77.70% and a net margin of 37.22%.Dave has set its FY 2026 guidance at 17.000-17.500 EPS. On average, equities analysts forecast that Dave will post 15.66 EPS for the current year.

Insider Activity at Dave

In other news, Director Dan Preston sold 275 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $247.65, for a total value of $68,103.75. Following the completion of the sale, the director owned 5,466 shares of the company’s stock, valued at $1,353,654.90. This trade represents a 4.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jason Wilk sold 8,474 shares of Dave stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $275.05, for a total value of $2,330,773.70. Following the transaction, the chief executive officer owned 299,950 shares in the company, valued at $82,501,247.50. This represents a 2.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 23.59% of the company’s stock.

Institutional Investors Weigh In On Dave

A number of institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. grew its position in Dave by 819.3% during the third quarter. Ameriprise Financial Inc. now owns 209,008 shares of the fintech company’s stock valued at $41,666,000 after purchasing an additional 186,273 shares in the last quarter. Jefferies Financial Group Inc. purchased a new stake in Dave in the 4th quarter worth approximately $27,874,000. Wellington Management Group LLP boosted its stake in shares of Dave by 200.7% during the 3rd quarter. Wellington Management Group LLP now owns 177,103 shares of the fintech company’s stock valued at $35,305,000 after buying an additional 118,203 shares during the period. Estuary Capital Management LP acquired a new stake in shares of Dave during the 1st quarter valued at $20,556,000. Finally, Renaissance Technologies LLC grew its holdings in shares of Dave by 29.2% during the 4th quarter. Renaissance Technologies LLC now owns 499,100 shares of the fintech company’s stock valued at $110,506,000 after acquiring an additional 112,700 shares in the last quarter. 18.01% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Dave

Here are the key news stories impacting Dave this week:

• Positive Sentiment: Analysts raised price targets and maintained bullish ratings. Keefe, Bruyette & Woods increased its target from $485 to $490 and assigned an “outperform” rating. Citizens JMP raised its target from $450 to $475 and reiterated “market outperform,” implying substantial upside from recent trading levels. Benzinga analyst price-target reports
• Positive Sentiment: Dave raised its 2026 financial guidance. The company now expects adjusted earnings per share of $17.00–$17.50, above the $16.36 consensus estimate, and revenue of $725 million–$735 million, compared with the $714.7 million consensus. Dave Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Underlying operating trends were strong. Second-quarter revenue grew 30% year over year to $170.8 million, adjusted EBITDA rose 48% to $75.5 million, ExtraCash originations increased 27% to $2.3 billion, and the 28-day delinquency rate improved to 2.12%. Dave Q2 financial results
• Neutral Sentiment: Reported earnings figures are mixed across sources. One report cited quarterly EPS of $0.49, well below expectations, while Zacks reported $4.12 per share versus a $3.69 consensus. Dave said net income included $36.9 million of non-cash warrant and earnout remeasurement charges, which may have distorted headline results. Dave tops Q2 earnings and revenue estimates
• Negative Sentiment: The headline EPS miss may be weighing on the stock. MarketBeat reported EPS of $0.49 versus a $3.44 consensus, while revenue was essentially in line with estimates at $170.8 million versus $171.1 million. The conflicting earnings data and elevated valuation may be prompting profit-taking despite stronger adjusted metrics and guidance.

Dave Company Profile

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.