Dave (NASDAQ:DAVE) Upgraded at UBS Group

Posted by on May 28th, 2026

Dave (NASDAQ:DAVE – Get Free Report) was upgraded by investment analysts at UBS Group to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

DAVE has been the topic of a number of other reports. Barrington Research reissued an “outperform” rating and issued a $290.00 price objective on shares of Dave in a research report on Wednesday, May 20th. Weiss Ratings raised shares of Dave from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. Wall Street Zen lowered shares of Dave from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. B. Riley Financial increased their price objective on shares of Dave from $358.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, William Blair reissued an “accumulate” rating on shares of Dave in a research report on Friday, March 13th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $323.40.

Check Out Our Latest Stock Analysis on Dave

Dave Stock Up 2.8%

Shares of NASDAQ DAVE opened at $256.26 on Tuesday. The firm’s 50-day moving average price is $225.36 and its 200-day moving average price is $209.81. The company has a current ratio of 3.86, a quick ratio of 3.86 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 16.48 and a beta of 3.93. Dave has a 12-month low of $152.21 and a 12-month high of $287.69.

Dave (NASDAQ:DAVE – Get Free Report) last announced its earnings results on Tuesday, May 5th. The fintech company reported $3.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.78. The firm had revenue of $158.40 million for the quarter, compared to analysts’ expectations of $153.67 million. Dave had a net margin of 37.22% and a return on equity of 77.70%. Dave has set its FY 2026 guidance at 16.250-16.750 EPS. On average, equities research analysts anticipate that Dave will post 14.49 EPS for the current fiscal year.

Dave declared that its Board of Directors has approved a share buyback program on Monday, March 2nd that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the fintech company to repurchase up to 11.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Hedge Funds Weigh In On Dave

A number of hedge funds and other institutional investors have recently modified their holdings of DAVE. WealthCollab LLC bought a new position in shares of Dave during the second quarter valued at approximately $30,000. National Bank of Canada FI bought a new position in shares of Dave during the third quarter valued at approximately $30,000. Blue Trust Inc. boosted 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 purchasing an additional 79 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of Dave during the fourth quarter valued at approximately $36,000. Finally, Westend Capital Management LLC boosted its stake in shares of Dave by 100.0% during the fourth 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 in the last quarter. 18.01% of the stock is currently owned by institutional investors.

Key Headlines Impacting Dave

Here are the key news stories impacting Dave this week:

  • Positive Sentiment: Evercore began coverage of Dave Inc. with an in-line rating and a $260 price target, suggesting the stock is viewed as roughly fairly valued but still supported by analysts. Evercore coverage referenced in market news
  • Positive Sentiment: Zacks added Dave Inc. (DAVE) to its Strong Buy list, which may attract momentum-oriented investors and reinforce bullish sentiment. New Strong Buy Stocks for May 27th
  • Neutral Sentiment: Several articles mentioning “Dave” refer to Dave Ramsey, Dave Chappelle, Dave Filoni, or Dave & Buster’s and appear unrelated to Dave Inc.’s business performance. Dave Ramsey article

Dave Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Dave (NASDAQ:DAVE)

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