On May 9, 2025, notable financial services firm JMP Securities made a significant adjustment to its price target for Dave (DAVE, Financial), a leading player in the financial technology sector. Analyst Devin Ryan, representing JMP Securities, has raised the price target from $125.00 to $200.00.
This adjustment represents a 60% increase from the prior target, signaling strong confidence in the company's future performance. Despite the increased price target, JMP Securities maintains a "Market Outperform" rating for Dave (DAVE, Financial), indicating that the stock is expected to perform better than the overall market.
Investors and market watchers will be keen to see how Dave (DAVE, Financial) continues to perform in the coming months, especially in light of this bullish outlook from JMP Securities.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Dave Inc (DAVE, Financial) is $165.25 with a high estimate of $206.00 and a low estimate of $110.00. The average target implies an upside of 3.39% from the current price of $159.83. More detailed estimate data can be found on the Dave Inc (DAVE) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, Dave Inc's (DAVE, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Dave Inc (DAVE, Financial) in one year is $35.98, suggesting a downside of 77.49% from the current price of $159.83. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dave Inc (DAVE) Summary page.
