Dave (NASDAQ:DAVE) Given New $470.00 Price Target at UBS Group

Dave (NASDAQ:DAVE) had its target price upped by UBS Group from $300.00 to $470.00 in a research report report published on Tuesday, Marketbeat reports. They currently have a buy rating on the fintech company’s stock.

A number of other brokerages have also commented on DAVE. Canaccord Genuity Group raised their price target on Dave from $328.00 to $342.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Barrington Research upped their price objective on shares of Dave from $290.00 to $310.00 and gave the stock an “outperform” rating in a report on Friday, June 12th. Citigroup reiterated an “outperform” rating on shares of Dave in a research report on Thursday, July 9th. Weiss Ratings cut shares of Dave from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 30th. Finally, B. Riley Financial boosted their price target on shares of Dave from $358.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $379.40.

Dave Price Performance

Shares of NASDAQ:DAVE opened at $417.00 on Tuesday. The firm’s 50 day moving average is $298.85 and its two-hundred day moving average is $237.72. Dave has a 52 week low of $152.21 and a 52 week high of $419.86. The firm has a market capitalization of $5.30 billion, a P/E ratio of 26.82 and a beta of 3.82. The company has a current ratio of 3.86, a quick ratio of 3.86 and a debt-to-equity ratio of 0.95.

Dave (NASDAQ:DAVE) last issued its quarterly earnings data on Tuesday, May 5th. The fintech company reported $3.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.78. Dave had a return on equity of 77.70% and a net margin of 37.22%.The business had revenue of $158.41 million during the quarter, compared to analyst estimates of $153.67 million. Dave has set its FY 2026 guidance at 16.250-16.750 EPS. Analysts anticipate that Dave will post 15.45 earnings per share for the current year.

Insider Transactions at Dave

In other news, Director Dan Preston sold 275 shares of the firm’s 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 owned 5,466 shares in the company, valued at approximately $1,353,654.90. This trade represents a 4.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Jason Wilk sold 8,474 shares of the firm’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 transaction of $2,330,773.70. Following the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. 28.48% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dave

Several large investors have recently modified their holdings of DAVE. Brevan Howard Capital Management LP boosted its holdings in Dave by 1.6% during the third quarter. Brevan Howard Capital Management LP now owns 3,846 shares of the fintech company’s stock valued at $767,000 after acquiring an additional 62 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Dave by 0.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 8,986 shares of the fintech company’s stock worth $2,412,000 after purchasing an additional 65 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Dave by 43.9% during the 2nd quarter. GAMMA Investing LLC now owns 223 shares of the fintech company’s stock worth $83,000 after purchasing an additional 68 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Dave by 106.8% during the 4th quarter. Blue Trust Inc. now owns 153 shares of the fintech company’s stock worth $34,000 after purchasing an additional 79 shares during the last quarter. Finally, Westend Capital Management LLC boosted its stake in Dave by 100.0% during the 4th quarter. Westend Capital Management LLC now owns 200 shares of the fintech company’s stock valued at $44,000 after purchasing an additional 100 shares during the period. 18.01% of the stock is owned by institutional investors.

Trending Headlines about Dave

Here are the key news stories impacting Dave this week:

• Positive Sentiment: UBS raised its price target on Dave from $300 to $470 and kept a buy rating, reinforcing the view that the stock still has room to run after its strong recent move. Benzinga
• Positive Sentiment: Investors are also reacting to recent company-specific positives, including the appointment of a new CTO focused on AI underwriting and payments infrastructure, plus the transition of ExtraCash originations to Coastal Community Bank, which could reduce funding costs and free up liquidity. Quiver Quantitative
• Positive Sentiment: Recent articles have highlighted Dave’s strong 2026 operating momentum, including rapid revenue growth, low delinquency trends, and improving monetization from its CashAI underwriting system, which supports the bullish narrative. Zacks
• Neutral Sentiment: Dave has also been hitting fresh highs, and elevated short interest may be adding fuel to the rally as buying pressure forces bearish traders to cover positions.

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.