Dave (DAVE) climbs as upbeat price-target hike and buyback-driven outlook keep momentum going

Dave Inc. (DAVE) is up 7.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a fresh wave of bullish sentiment after a prominent Wall Street analyst raised its price target and reiterated an outperform-style view, reinforcing momentum from Dave’s strong Q4 results, raised buyback authorization, and upbeat 2026 outlook. With the stock already volatile, incremental positive commentary can amplify day-to-day swings.

Details:

An analyst raised its price target on Dave shares to $335 while maintaining a positive rating, citing robust demand and updated expectations tied to management’s 2026 guidance.

In its most recent earnings release (for Q4 and full-year 2025), Dave reported 62% year-over-year Q4 revenue growth to $163.7 million and provided 2026 guidance for $690–$710 million in revenue and $290–$305 million in adjusted EBITDA.

The same earnings update increased Dave’s share repurchase authorization from $125 million to $300 million, supporting a capital-return narrative that can attract momentum buyers.

Short-interest data from the latest reporting period showed a decline (roughly 1.28 million shares to 1.15 million), which can reduce perceived downside pressure and reinforce bullish positioning.

Sources:

Dave Inc. Investor Relations, Investing.com, Benzinga

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$DAVE Insider Trading Activity

$DAVE insiders have traded $DAVE stock on the open market 104 times in the past 6 months. Of those trades, 0 have been purchases and 104 have been sales.

Here’s a breakdown of recent trading of $DAVE stock by insiders over the last 6 months:

IMRAN KHAN has made 0 purchases and 75 sales selling 97,771 shares for an estimated $19,194,378.
ANDREA MITCHELL has made 0 purchases and 26 sales selling 30,000 shares for an estimated $6,390,900.
JASON WILK (Chief Executive Officer) sold 7,393 shares for an estimated $1,506,471
KYLE BEILMAN (CFO and COO and Secretary) sold 3,495 shares for an estimated $712,176
MICHAEL W POPE sold 544 shares for an estimated $88,128

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$DAVE Hedge Fund Activity

We have seen 153 institutional investors add shares of $DAVE stock to their portfolio, and 130 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

DIVISADERO STREET CAPITAL MANAGEMENT, LP removed 663,658 shares (-71.7%) from their portfolio in Q4 2025, for an estimated $146,940,517
SUSQUEHANNA INTERNATIONAL GROUP, LLP added 375,866 shares (+1533.3%) to their portfolio in Q4 2025, for an estimated $83,220,491
AMERIPRISE FINANCIAL INC removed 192,150 shares (-91.9%) from their portfolio in Q4 2025, for an estimated $42,543,931
TWO SIGMA ADVISERS, LP removed 162,273 shares (-93.9%) from their portfolio in Q4 2025, for an estimated $35,928,864
BLACKROCK, INC. added 126,929 shares (+17.1%) to their portfolio in Q4 2025, for an estimated $28,103,349
D. E. SHAW & CO., INC. removed 126,367 shares (-44.8%) from their portfolio in Q4 2025, for an estimated $27,978,917
JEFFERIES FINANCIAL GROUP INC. added 125,891 shares (+inf%) to their portfolio in Q4 2025, for an estimated $27,873,526

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$DAVE Analyst Ratings

Wall Street analysts have issued reports on $DAVE in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Benchmark issued a "Buy" rating on 11/05/2025
Citizens issued a "Market Outperform" rating on 11/05/2025
Canaccord Genuity issued a "Buy" rating on 11/05/2025
Barrington Research issued a "Outperform" rating on 11/04/2025

To track analyst ratings and price targets for $DAVE, check out Quiver Quantitative's $DAVE forecast page.

$DAVE Price Targets

Multiple analysts have issued price targets for $DAVE recently. We have seen 7 analysts offer price targets for $DAVE in the last 6 months, with a median target of $326.0.

Here are some recent targets:

Devin Ryan from Citizens set a target price of $335.0 on 04/10/2026
Gary Prestopino from Barrington Research set a target price of $290.0 on 03/10/2026
Ryan Tomasello from Keefe, Bruyette & Woods set a target price of $295.0 on 03/03/2026
Joseph Vafi from Canaccord Genuity set a target price of $328.0 on 03/03/2026
Hal Goetsch from B. Riley Securities set a target price of $303.0 on 03/03/2026
Jacob Stephan from Lake Street set a target price of $326.0 on 03/03/2026
Mark Palmer from Benchmark set a target price of $345.0 on 11/05/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.