Dave (NASDAQ:DAVE) Stock Price Expected to Rise, Citizens Jmp Analyst Says

Dave (NASDAQ:DAVE) had its price objective upped by stock analysts at Citizens Jmp from $450.00 to $475.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “market outperform” rating on the fintech company’s stock. Citizens Jmp’s price objective points to a potential upside of 10.42% from the company’s current price.

Several other equities research analysts have also recently commented on DAVE. Weiss Ratings raised shares of Dave from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Freedom Capital raised Dave to a “hold” rating in a research note on Thursday, July 30th. Keefe, Bruyette & Woods boosted their price target on Dave from $340.00 to $485.00 and gave the company an “outperform” rating in a report on Monday, July 13th. UBS Group upped their price objective on Dave from $300.00 to $470.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Finally, Lake Street Capital reissued a “buy” rating and issued a $332.00 target price on shares of Dave in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Dave has a consensus rating of “Moderate Buy” and a consensus target price of $392.70.

Dave Stock Performance

Shares of DAVE stock opened at $430.16 on Thursday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 3.86 and a current ratio of 3.86. Dave has a 52 week low of $152.21 and a 52 week high of $458.25. The company’s 50 day moving average price is $353.90 and its two-hundred day moving average price is $259.45. The company has a market capitalization of $5.47 billion, a P/E ratio of 27.66 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 for the quarter, missing the consensus estimate of $3.44 by ($2.95). Dave had a net margin of 37.22% and a return on equity of 77.70%. The company had revenue of $170.79 million during 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, analysts expect that Dave will post 15.66 earnings per share for the current fiscal year.

Insider Buying and Selling at Dave

In other news, Director Dan Preston sold 275 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $247.65, for a total transaction of $68,103.75. Following the completion of the transaction, the director directly owned 5,466 shares in the company, valued at $1,353,654.90. This represents a 4.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Jason Wilk sold 8,474 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 299,950 shares of the company’s stock, valued at $82,501,247.50. The trade was a 2.75% decrease in their position. The disclosure for this sale is available in the SEC filing. 23.59% of the stock is currently owned by insiders.

Institutional Trading of Dave

Institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in Dave by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 8,986 shares of the fintech company’s stock valued at $2,412,000 after purchasing an additional 65 shares in the last quarter. Prudential Financial Inc. acquired a new stake in shares of Dave in the 2nd quarter valued at approximately $324,000. Invesco Ltd. boosted its holdings in shares of Dave by 2,379.9% in the 2nd quarter. Invesco Ltd. now owns 97,485 shares of the fintech company’s stock valued at $26,166,000 after buying an additional 93,554 shares during the last quarter. First Trust Advisors LP bought a new position in shares of Dave in the second quarter valued at $18,710,000. Finally, Cresset Asset Management LLC bought a new position in shares of Dave in the second quarter valued at $402,000. Institutional investors own 18.01% of the company’s stock.

More Dave News

Here are the key news stories impacting Dave this week:

• Positive Sentiment: Dave reported second-quarter revenue of $170.8 million, up 30% year over year, while adjusted EBITDA rose 48% to $75.5 million, representing a 44% margin. ExtraCash originations increased 27% to $2.3 billion, and the 28-day delinquency rate improved 14 basis points to 2.12%, supporting the company’s growth and credit-quality narrative. Dave Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Management raised fiscal 2026 guidance to revenue of $725 million-$735 million and EPS of $17.00-$17.50, above analyst expectations of approximately $714.7 million and $16.36, respectively. The higher outlook signals confidence in continued member growth, monetization and operating leverage. Dave Reports Second Quarter 2026 Financial Results
• Positive Sentiment: One earnings analysis reported quarterly EPS of $4.12, ahead of the $3.69 consensus estimate and up from $3.14 a year earlier, adding to the bullish interpretation of the results. Dave Inc. Tops Q2 Earnings and Revenue Estimates
• Neutral Sentiment: Reported net income was $6.7 million after $36.9 million in non-cash warrant and earnout remeasurement charges. Investors are therefore likely to focus more heavily on adjusted EBITDA and the precise definition of EPS when evaluating the quarter.
• Negative Sentiment: Another earnings report listed EPS of $0.49, below a $3.44 consensus estimate, despite essentially in-line revenue of $170.79 million. This apparent difference in earnings methodology or data presentation may create confusion and short-term selling pressure. Dave Earnings Report
• Negative Sentiment: With a market capitalization of roughly $5.5 billion, a P/E near 28 and shares well above their 50- and 200-day moving averages, valuation and expectations are demanding. Any slowdown in ExtraCash growth or deterioration in credit metrics could disproportionately affect the stock.

About Dave

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.