On May 20, 2025, Benchmark analyst Mark Palmer released an update on Dave (DAVE, Financial), maintaining a Buy rating and raising the price target. The financial services company, listed on the NASDAQ, has caught the attention of investors with its recent performance and strategic direction.
Mark Palmer has adjusted the price target for Dave (DAVE, Financial) from USD 202.00 to USD 229.00, reflecting a 13.37% increase. This adjustment signals confidence in the company's potential for growth and stability in the market. The revised price target indicates a robust outlook for Dave (DAVE) in the coming months.
Consistent with the previous assessment, the Buy rating remains unchanged, signifying a positive sentiment towards Dave's (DAVE, Financial) future prospects. Investors seeking opportunities in the financial technology sector may find Dave a compelling option given this recent analyst report.
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 $185.38 with a high estimate of $229.00 and a low estimate of $130.00. The average target implies an upside of 1.31% from the current price of $182.97. 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 $37.94, suggesting a downside of 79.26% from the current price of $182.97. 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.
