Dave Inc. (NASDAQ:DAVE) Receives $379.40 Consensus PT from Analysts

Dave Inc. (NASDAQ:DAVE) has earned an average rating of “Moderate Buy” from the fourteen research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $412.90.

Several research firms have commented on DAVE. Canaccord Genuity Group upped their price objective on shares of Dave from $342.00 to $450.00 and gave the company a “buy” rating in a report on Thursday. Weiss Ratings cut shares of Dave from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday. Barrington Research raised their target price on shares of Dave from $290.00 to $310.00 and gave the stock an “outperform” rating in a research note on Friday, June 12th. Keefe, Bruyette & Woods lifted their target price on shares of Dave from $485.00 to $490.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Citigroup reiterated an “outperform” rating on shares of Dave in a research note on Thursday.

Key Headlines Impacting Dave

Here are the key news stories impacting Dave this week:

• Positive Sentiment: Raised 2026 outlook: Dave projected revenue of $725 million to $735 million and adjusted diluted EPS of $17.00 to $17.50. Management cited growth from CashAI v6, higher ExtraCash limits and improving credit losses, although it plans to increase marketing spending in the second half. Dave raises 2026 guidance
• Positive Sentiment: Analysts raised price targets: Citizens JMP increased its target to $475 and kept a market outperform rating; Keefe, Bruyette & Woods raised its target to $490 with an outperform rating; and B. Riley lifted its target to $449 with a buy rating. The revisions signal continued confidence in Dave’s earnings and product growth. Citizens JMP forecast KBW price target
• Positive Sentiment: Growth strategy remains centered on CashAI: Earnings-call coverage highlighted stronger user monetization, larger ExtraCash advances and improving credit performance as key drivers of the higher outlook. CashAI-led growth
• Neutral Sentiment: Coverage of Q2 earnings is mixed: One report cited adjusted EPS of $4.12, above the $3.69 consensus, while the company’s reported earnings data showed $0.49 EPS versus a $3.44 estimate. Investors may therefore be focusing on the distinction between adjusted and reported results. Dave Q2 earnings
• Negative Sentiment: Valuation and volatility concerns: Barron’s described Dave’s dramatic rebound after a prior 1-for-32 reverse split as a cautionary example for investors amid renewed SPAC activity. The stock’s elevated valuation and history of extreme volatility may be prompting profit-taking despite bullish targets. SPAC cautionary tale

Dave Stock Performance

DAVE opened at $317.93 on Monday. Dave has a 12-month low of $152.21 and a 12-month high of $458.25. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of 20.62 and a beta of 3.83. The business has a 50 day moving average of $356.53 and a 200-day moving average of $261.53. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 0.93.

Dave (NASDAQ:DAVE) last posted its earnings results on Wednesday, August 5th. The fintech company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $3.44 by ($2.95). Dave had a return on equity of 77.46% and a net margin of 34.58%.The business had revenue of $170.79 million for the quarter, compared to analyst estimates of $171.11 million. Dave has set its FY 2026 guidance at 17.000-17.500 EPS. On average, equities research analysts expect that Dave will post 15.66 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Jason Wilk sold 8,474 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was 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 of the company’s stock, valued at approximately $82,501,247.50. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dan Preston sold 275 shares of the stock in a transaction that occurred 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 transaction, the director owned 5,466 shares in the company, valued at approximately $1,353,654.90. This trade represents a 4.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 23.59% of the company’s stock.

Institutional Trading of Dave

Several institutional investors have recently added to or reduced their stakes in the company. WealthCollab LLC acquired a new stake in shares of Dave during the second quarter worth $30,000. National Bank of Canada FI acquired a new position in shares of Dave in the third quarter valued at about $30,000. Blue Trust Inc. increased its position in Dave by 106.8% during the fourth quarter. Blue Trust Inc. now owns 153 shares of the fintech company’s stock worth $34,000 after acquiring an additional 79 shares during the period. Kestra Advisory Services LLC bought a new position in Dave during the fourth quarter worth about $36,000. Finally, Harbour Investments Inc. acquired a new stake in Dave in the 4th quarter worth about $66,000. 18.01% of the stock is currently owned by institutional investors.

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.