Benchmark Reiterates Buy Rating on Dave Inc. with $475 Target
Benchmark maintains a buy rating on Dave Inc., setting a $475 price target, a 27.49% upside from the current price.
Key Points
- Benchmark reaffirmed its buy rating on Dave Inc. (DAVE) with a price target of $475 as of July 1, 2026.
- Benchmark's $475 price target implies 27.49% upside from Dave Inc.'s ($DAVE) current $372.59 share price.
- Shares of DAVE traded near $372.59 on Wednesday, with a 52-week high of $379.55 and a low of $152.21.
- Insiders including CEO Jason Wilk have been active, with recent sales and purchases in June 2026.
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Benchmark has reiterated its buy rating on Dave Inc. (NASDAQGM: DAVE), setting a price target of $475 as of July 1, 2026. This maintains the firm's optimistic outlook on the financial services company.
Benchmark vs. the S&P 500
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Dave Inc. Stock Down 1.6%
Shares of Dave Inc. traded near $372.59 on Wednesday. The company, which operates in the software application industry, boasts a market cap of about $4.74 billion. It has a P/E ratio of approximately 23.93 and a forward P/E of 18.03, indicating expectations of future earnings growth. The stock has experienced significant volatility, with a 52-week low of $152.21 and a high of $379.55. The 50-day moving average stands at $272.84, while the 200-day moving average is $222.41.
$DAVE price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Dave Inc.
Recent insider activity at Dave Inc. includes several transactions. On June 5, 2026, Yadin Rozov sold 2,200 shares. CEO Jason Wilk sold 8,474 shares at an average price of $275.05 on June 2, 2026. Additionally, Nima Khajehnouri and Yadin Rozov each bought 637 shares on the same day.
Analysts Set New Price Targets
On July 1, 2026, Benchmark maintained its buy rating on Dave Inc. with a target price of $475. Other analysts have also shown interest in the company. For instance, Barrington Research reaffirmed a buy rating with a $310 target on June 12, 2026, while B. Riley Securities maintained a buy rating with a $370 target on May 27, 2026. The overall analyst consensus is a buy, with an average price target of $335.73 based on opinions from 11 analysts.
About Dave Inc.
Dave Inc., headquartered in Los Angeles, California, provides a variety of financial products and services through its platform. Founded in 2015, the company offers tools like Budget for managing personal finances, ExtraCash for discretionary overdrafts, and Side Hustle for job seekers. Dave also provides a digital checking account service known as Dave Checking. Led by CEO Jason Wilk, the company employs around 280 people.
Bottom Line
Benchmark's reaffirmation of its buy rating on Dave Inc. reflects continued confidence in the company's growth potential. With significant insider activity and a strong position in the financial services sector, Dave Inc. remains a stock to watch. Investors should note that analyst ratings are forward-looking assessments and are based on current information.
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