Analysts' ratings for Dave (NASDAQ:DAVE) over the last quarter vary from bullish to bearish, as provided by 5 analysts.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

	Bullish	Somewhat Bullish	Indifferent	Somewhat Bearish	Bearish
Total Ratings	3	2	0	0	0
Last 30D	3	1	0	0	0
1M Ago	0	1	0	0	0
2M Ago	0	0	0	0	0
3M Ago	0	0	0	0	0

Analysts have set 12-month price targets for Dave, revealing an average target of $308.4, a high estimate of $328.00, and a low estimate of $290.00. Surpassing the previous average price target of $283.80, the current average has increased by 8.67%.

Decoding Analyst Ratings: A Detailed Look

The standing of Dave among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst	Analyst Firm	Action Taken	Rating	Current Price Target	Prior Price Target
Jacob Stephan	Lake Street	Raises	Buy	$326.00	$308.00
Hal Goetsch	B. Riley Securities	Raises	Buy	$303.00	$297.00
Joseph Vafi	Canaccord Genuity	Raises	Buy	$328.00	$274.00
Ryan Tomasello	Keefe, Bruyette & Woods	Raises	Outperform	$295.00	$250.00
Gary Prestopino	Barrington Research	Maintains	Outperform	$290.00	$290.00

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Dave. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Dave compared to the broader market.
• Price Targets: Gaining insights, analysts provide estimates for the future value of Dave's stock. This comparison reveals trends in analysts' expectations over time.

To gain a panoramic view of Dave's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Dave analyst ratings.

About Dave

Dave Inc is a financial services company. It is engaged in offering banking app that offers its customers banking, financial insights, overdraft protection, building credit and finding side gigs.

Understanding the Numbers: Dave's Finances

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Dave displayed positive results in 3M. As of 30 September, 2025, the company achieved a solid revenue growth rate of approximately 62.97%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.

Net Margin: Dave's net margin excels beyond industry benchmarks, reaching 61.09%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Dave's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 36.22%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Dave's ROA stands out, surpassing industry averages. With an impressive ROA of 23.11%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: With a below-average debt-to-equity ratio of 0.26, Dave adopts a prudent financial strategy, indicating a balanced approach to debt management.

The Core of Analyst Ratings: What Every Investor Should Know

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.