Dave (NASDAQ:DAVE) Now Covered by Keefe, Bruyette & Woods

Keefe, Bruyette & Woods started coverage on shares of Dave (NASDAQ:DAVE) in a research report issued to clients and investors on Monday, MarketBeat reports. The firm set an “outperform” rating on the fintech company’s stock.

A number of other research analysts have also commented on DAVE. Wall Street Zen upgraded shares of Dave from a “hold” rating to a “buy” rating in a research report on Saturday. Citizens Jmp boosted their target price on Dave from $300.00 to $310.00 and gave the stock a “market outperform” rating in a research report on Wednesday, November 5th. Barrington Research restated an “outperform” rating and issued a $290.00 target price on shares of Dave in a research note on Monday, November 3rd. Citigroup reiterated an “outperform” rating on shares of Dave in a research report on Wednesday, November 5th. Finally, JMP Securities set a $310.00 price objective on Dave in a report on Wednesday, November 5th. Eleven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Dave has an average rating of “Moderate Buy” and an average target price of $304.25.

Dave Price Performance

DAVE stock opened at $183.22 on Monday. The firm has a 50 day moving average of $201.98 and a 200-day moving average of $210.22. The firm has a market capitalization of $2.47 billion, a P/E ratio of 18.16 and a beta of 3.89. Dave has a 12 month low of $65.46 and a 12 month high of $286.45. The company has a current ratio of 8.69, a quick ratio of 8.69 and a debt-to-equity ratio of 0.26.

Insider Activity

In other Dave news, Director Imran Khan sold 33,270 shares of the stock in a transaction that occurred on 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 transaction, the director directly owned 2,110 shares in the company, valued at $420,607.40. This trade represents a 94.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jason Wilk sold 7,393 shares of Dave stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $203.77, for a total transaction of $1,506,471.61. Following the transaction, the chief executive officer directly owned 210,461 shares in the company, valued at $42,885,637.97. This trade represents a 3.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 105,164 shares of company stock worth $20,700,863 over the last quarter. Corporate insiders own 28.48% of the company’s stock.

Institutional Investors Weigh In On Dave

A number of institutional investors have recently made changes to their positions in DAVE. WealthCollab LLC bought a new position in shares of Dave during the 2nd quarter valued at $30,000. National Bank of Canada FI bought a new position in shares of Dave during the third quarter valued at about $30,000. Blue Trust Inc. grew its stake in shares of Dave by 106.8% during the fourth quarter. Blue Trust Inc. now owns 153 shares of the fintech company’s stock valued at $34,000 after buying an additional 79 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Dave by 4,933.3% in the second quarter. Nisa Investment Advisors LLC now owns 151 shares of the fintech company’s stock worth $41,000 after buying an additional 148 shares during the period. Finally, Westend Capital Management LLC lifted its stake in shares of Dave by 100.0% in the 4th quarter. Westend Capital Management LLC now owns 200 shares of the fintech company’s stock valued at $44,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 18.01% of the company’s stock.

Dave News Summary

Here are the key news stories impacting Dave this week:

• Positive Sentiment: Analysts have an average recommendation of “Moderate Buy” on DAVE, which can support investor confidence and buying interest following recent volatility. Dave Inc. (NASDAQ:DAVE) Receives Average Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Pre‑market action showed a notable gap up (previous close ~$155.92 to an open around $175.73) with elevated volume cited in coverage — a technical catalyst that likely drove intraday buying and momentum trades. Monitor whether volume sustains the move. Dave (NASDAQ:DAVE) Shares Gap Up — Should You Buy?
• Neutral Sentiment: Founder/brand‑name overlap stories: Dave Portnoy’s high‑profile Super Bowl appearances and commentary are getting media coverage but appear unrelated to Dave Inc.’s business fundamentals; likely limited direct impact on revenue or guidance. Dave Portnoy makes his triumphant return to Super Bowl after being dragged out of the last one
• Neutral Sentiment: Additional media mentions of Portnoy and related Super Bowl commentary are driving headlines but not company disclosures; treat as noise unless tied to corporate action. Dave Portnoy gives state of Patriots address after miserable Super Bowl 2026 start
• Neutral Sentiment: Other celebrity “Dave” items (entertainment, local obituaries, music charts) are unrelated to the fintech company and unlikely to move the stock. Dave Chappelle can’t shy away from controversy at star-studded SF Super Bowl bash

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.