B. Riley Financial Forecasts Strong Price Appreciation for Dave (NASDAQ:DAVE) Stock

Dave (NASDAQ:DAVE) had its target price lifted by analysts at B. Riley Financial from $297.00 to $303.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the fintech company’s stock. B. Riley Financial’s target price points to a potential upside of 55.77% from the company’s current price.

Several other research firms also recently commented on DAVE. Zacks Research upgraded shares of Dave from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 16th. Citizens Jmp set a $310.00 price objective on shares of Dave in a research note on Wednesday, November 5th. Benchmark reiterated a “buy” rating on shares of Dave in a research note on Tuesday, January 13th. Lake Street Capital reissued a “buy” rating on shares of Dave in a report on Wednesday, December 24th. Finally, Keefe, Bruyette & Woods boosted their price target on Dave from $250.00 to $295.00 and gave the company an “outperform” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $309.88.

Dave Stock Performance

NASDAQ DAVE traded down $4.50 on Tuesday, reaching $194.51. The stock had a trading volume of 642,897 shares, compared to its average volume of 537,998. The stock has a market cap of $2.63 billion, a P/E ratio of 19.28 and a beta of 3.89. Dave has a 12-month low of $65.46 and a 12-month high of $286.45. The business’s 50-day moving average price is $194.31 and its 200 day moving average price is $206.55. The company has a debt-to-equity ratio of 0.26, a quick ratio of 8.69 and a current ratio of 8.69.

Insider Activity

In related news, Director Imran Khan sold 33,270 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $199.34, for a total transaction of $6,632,041.80. Following the completion of the transaction, the director directly owned 2,110 shares of the company’s stock, valued at $420,607.40. This represents a 94.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders have sold 97,771 shares of company stock worth $19,194,391 in the last quarter. Insiders own 28.48% of the company’s stock.

Hedge Funds Weigh In On Dave

A number of large investors have recently modified their holdings of DAVE. Divisadero Street Capital Management LP lifted its holdings in shares of Dave by 73.1% in the 3rd quarter. Divisadero Street Capital Management LP now owns 925,266 shares of the fintech company’s stock valued at $184,452,000 after buying an additional 390,676 shares during the period. Ameriprise Financial Inc. raised its position in Dave by 819.3% in the third quarter. Ameriprise Financial Inc. now owns 209,008 shares of the fintech company’s stock worth $41,666,000 after acquiring an additional 186,273 shares in the last quarter. Voya Investment Management LLC lifted its holdings in Dave by 5,603.0% in the third quarter. Voya Investment Management LLC now owns 144,285 shares of the fintech company’s stock valued at $28,763,000 after acquiring an additional 141,755 shares during the period. Neuberger Berman Group LLC acquired a new stake in Dave in the third quarter valued at $26,726,000. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of Dave during the 4th quarter worth $27,874,000. 18.01% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Dave

Here are the key news stories impacting Dave this week:

• Positive Sentiment: Q4 results beat expectations—Dave reported $3.69 EPS vs. consensus ~$3.19 and revenue of $163.7M, up 62% year/year, with strong margins and profitability metrics that support valuation. Zacks: Dave Surpasses Q4 Estimates
• Positive Sentiment: Management raised FY2026 guidance sharply—EPS guidance of $14.00–15.00 vs. consensus $12.27 and revenue guide of $690–710M vs. consensus $642.8M, signaling material top?line and profit acceleration. (Company release)
• Positive Sentiment: Corporate release/slide deck and formal results detail big FY growth—FY2025 revenue grew ~60% to $554.2M and net income jumped materially, reinforcing the bullish guidance outlook. PR Newswire: Dave Q4 & FY2025 Results
• Positive Sentiment: Analyst bullishness increased—Keefe, Bruyette & Woods raised its target from $250 to $295 (outperform). Benzinga
• Positive Sentiment: Canaccord Genuity lifted its price target from $274 to $328 and reiterated a buy rating, implying significant upside vs. current levels. Benzinga
• Positive Sentiment: Barrington Research reaffirmed an outperform rating and kept a $290 target, adding to the cluster of upward revisions that can attract momentum buyers. Benzinga
• Neutral Sentiment: Full Q4 earnings call transcript is available for deeper read on management commentary and cadence. Useful for investors who want detail but not a new catalyst by itself. Seeking Alpha: Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Reported short?interest data appears erroneous/unchanged in the public feed (zeros/NaN); no clear short squeeze signal from that item. (Data note)
• Neutral Sentiment: Several media items referencing other “Daves” (entertainment, sports commentary) are unrelated noise for investors focused on Dave Inc.’s fundamentals and should be ignored.

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.