On July 14, 2025, analyst Devin Ryan from JMP Securities announced an update regarding Dave, Inc. (DAVE, Financial). The firm has decided to maintain its "Market Outperform" rating for the company, consistently expressing confidence in its potential for growth and strong performance in the market.
In a significant move, JMP Securities has raised the price target for Dave (DAVE, Financial) from the previous $200.00 to a new target of $260.00. This adjustment reflects a 30.00% increase, indicating an optimistic outlook on the company's future financial prospects.
The decision to raise the price target suggests that JMP Securities anticipates robust performance by Dave (DAVE, Financial) in the coming period, reinforcing their positive stance repeated by the "Market Outperform" rating. Investors and market participants are likely to interpret this move as a signal of potential value and growth within Dave, Inc.
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 $223.50 with a high estimate of $320.00 and a low estimate of $130.00. The average target implies an upside of 7.11% from the current price of $208.67. 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 $39.62, suggesting a downside of 81.01% from the current price of $208.67. 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.