Dave (DAVE) Stock Forecast, Price Target & Predictions
DAVE Stock Forecast
Dave stock forecast is as follows: an average price target of $41.83 (represents a 9.13% upside from DAVE’s last price of $38.33) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
DAVE Price Target
The average price target for Dave (DAVE) is $41.83 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $58.00 to $0.16. This represents a potential 9.13% upside from DAVE's last price of $38.33.
DAVE Analyst Ratings
According to 5 Wall Street analysts, Dave's rating consensus is 'Buy'. The analyst rating breakdown for DAVE stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Dave Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 26, 2024 | Jacob Stephan | Lake Street | $53.00 | $34.53 | 53.49% | 38.27% |
| Jul 26, 2024 | Jacob Stephan | Loop Capital Markets | $53.00 | $33.80 | 56.80% | 38.27% |
| Jun 17, 2024 | Jeff Cantwell | Seaport Global | $58.00 | $37.41 | 55.04% | 51.32% |
| Apr 23, 2024 | Dave to Outperform | Barrington | $45.00 | $38.98 | 15.43% | 17.40% |
| Apr 25, 2022 | - | Jefferies | $0.16 | $0.14 | 12.87% | -99.59% |
The latest Dave stock forecast, released on Jul 26, 2024 by Jacob Stephan from Lake Street, set a price target of $53.00, which represents a 53.49% increase from the stock price at the time of the forecast ($34.53), and a 38.27% increase from DAVE last price ($38.33).
Dave Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $53.00 | $52.25 |
| Last Closing Price | $38.33 | $38.33 | $38.33 |
| Upside/Downside | -100.00% | 38.27% | 36.32% |
In the current month, the average price target of Dave stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Dave's last price of $38.33. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Lake Street | Buy | Buy | Hold |
| Aug 12, 2024 | Seaport Global | Buy | Buy | Hold |
| Aug 12, 2024 | Benchmark | - | Buy | Initialise |
| Jul 26, 2024 | Seaport Global | Market Outperform | Market Outperform | Hold |
| Jul 26, 2024 | Lake Street | - | Buy | Initialise |
| Jun 27, 2024 | Seaport Global | Market Outperform | Market Outperform | Hold |
| Jun 17, 2024 | Seaport Global | Buy | Buy | Hold |
| Jun 10, 2024 | Seaport Global | - | Buy | Initialise |
| Jun 07, 2024 | B. Riley | - | Buy | Initialise |
| May 28, 2024 | JMP Securities | Outperform | Outperform | Hold |
Dave's last stock rating was published by Lake Street on Sep 10, 2024. The company gave DAVE a "Buy" rating, the same as its previous rate.
Dave Financial Forecast
Dave Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $59.18M | $54.98M | $58.90M | $59.60M | $56.80M | $45.80M | $42.60M |
| Avg Forecast | $104.58M | $96.40M | $93.90M | $85.50M | $86.50M | $80.72M | $75.64M | $70.75M | $63.75M | $62.25M | $61.55M | $58.69M | $59.97M | $53.55M | $49.42M | $43.83M |
| High Forecast | $106.39M | $98.07M | $95.53M | $86.98M | $88.00M | $82.09M | $76.95M | $71.98M | $64.85M | $63.33M | $62.62M | $59.71M | $61.01M | $54.48M | $50.27M | $44.58M |
| Low Forecast | $102.25M | $94.25M | $91.81M | $83.59M | $84.57M | $78.89M | $73.95M | $69.17M | $62.32M | $60.86M | $60.18M | $57.38M | $58.63M | $52.36M | $48.31M | $42.85M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | - | 1 | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.95% | 0.89% | 1.00% | 0.99% | 1.06% | 0.93% | 0.97% |
Dave's average Quarter revenue forecast for Dec 23 based on 0 analysts is $63.75M, with a low forecast of $62.32M, and a high forecast of $64.85M. DAVE's average Quarter revenue forecast represents a 7.72% increase compared to the company's last Quarter revenue of $59.18M (Sep 23).
Dave EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | - | 1 | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | $-122.44M | $-132.41M | $-12.50M | $-19.70M | $-38.90M | $-47.30M | $-23.60M |
| Avg Forecast | $-26.88M | $-24.78M | $-24.13M | $-21.97M | $-22.23M | $-20.74M | $-19.44M | $-18.18M | $-16.38M | $-16.00M | $-15.82M | $-15.08M | $-15.41M | $-13.76M | $-12.70M | $-35.31M |
| High Forecast | $-26.28M | $-24.22M | $-23.59M | $-21.48M | $-21.74M | $-20.27M | $-19.01M | $-17.78M | $-16.02M | $-15.64M | $-15.47M | $-14.75M | $-15.07M | $-13.46M | $-12.42M | $-28.25M |
| Low Forecast | $-27.34M | $-25.21M | $-24.55M | $-22.36M | $-22.62M | $-21.10M | $-19.78M | $-18.50M | $-16.67M | $-16.28M | $-16.09M | $-15.35M | $-15.68M | $-14.00M | $-12.92M | $-42.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | 7.65% | 8.37% | 0.83% | 1.28% | 2.83% | 3.72% | 0.67% |
undefined analysts predict DAVE's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Dave's previous annual EBITDA (undefined) of $NaN.
Dave Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | - | 1 | - | - | - | - | - | - |
| Net Income | - | - | - | - | - | - | - | - | - | $-12.05M | $-22.62M | $-14.01M | $-21.50M | $-47.53M | $-27.12M | $-34.82M |
| Avg Forecast | $11.02M | $8.85M | $10.74M | $10.83M | $6.91M | $5.69M | $1.72M | $-3.79M | $-27.76M | $-25.46M | $-26.68M | $-23.30M | $-812.62K | $-26.00M | $-30.34M | $-38.32M |
| High Forecast | $11.26M | $9.05M | $10.99M | $11.08M | $7.06M | $6.85M | $1.75M | $-3.68M | $-26.96M | $-24.72M | $-25.91M | $-22.62M | $-789.05K | $-25.25M | $-29.45M | $-30.65M |
| Low Forecast | $10.70M | $8.59M | $10.43M | $10.52M | $6.71M | $4.53M | $1.67M | $-3.88M | $-28.39M | $-26.04M | $-27.28M | $-23.82M | $-830.95K | $-26.59M | $-31.01M | $-45.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.47% | 0.85% | 0.60% | 26.46% | 1.83% | 0.89% | 0.91% |
Dave's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. DAVE's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Dave SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | - | 1 | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | $13.91M | $14.98M | $33.80M | $34.00M | $48.40M | $59.90M | $30.10M |
| Avg Forecast | $64.91M | $59.83M | $58.28M | $53.07M | $53.69M | $50.10M | $46.95M | $43.91M | $39.57M | $38.64M | $38.20M | $36.43M | $37.22M | $33.24M | $30.68M | $13.42M |
| High Forecast | $66.04M | $60.87M | $59.29M | $53.99M | $54.62M | $50.95M | $47.76M | $44.68M | $40.25M | $39.31M | $38.87M | $37.06M | $37.87M | $33.82M | $31.20M | $16.11M |
| Low Forecast | $63.46M | $58.50M | $56.98M | $51.89M | $52.49M | $48.96M | $45.90M | $42.93M | $38.68M | $37.78M | $37.35M | $35.62M | $36.39M | $32.50M | $29.99M | $10.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.36% | 0.39% | 0.93% | 0.91% | 1.46% | 1.95% | 2.24% |
Dave's average Quarter SG&A projection for Dec 23 is $39.57M, based on 0 Wall Street analysts, with a range of $38.68M to $40.25M. The forecast indicates a 184.36% rise compared to DAVE last annual SG&A of $13.91M (Sep 23).
Dave EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | - | 1 | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | $-1.01 | $-1.90 | $-1.18 | $-1.82 | $-4.04 | $-2.33 | $-3.00 |
| Avg Forecast | $0.81 | $0.65 | $0.79 | $0.80 | $0.51 | $0.42 | $0.13 | $-0.28 | $-2.05 | $-1.88 | $-1.97 | $-1.72 | $-0.06 | $-1.92 | $-2.24 | $-1.60 |
| High Forecast | $0.83 | $0.67 | $0.81 | $0.82 | $0.52 | $0.51 | $0.13 | $-0.27 | $-1.99 | $-1.83 | $-1.91 | $-1.67 | $-0.06 | $-1.86 | $-2.17 | $-1.55 |
| Low Forecast | $0.79 | $0.63 | $0.77 | $0.78 | $0.50 | $0.33 | $0.12 | $-0.29 | $-2.10 | $-1.92 | $-2.01 | $-1.76 | $-0.06 | $-1.96 | $-2.29 | $-1.64 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.54% | 0.96% | 0.69% | 30.33% | 2.10% | 1.04% | 1.88% |
According to undefined Wall Street analysts, Dave's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to DAVE previous annual EPS of $NaN (undefined).
Dave Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $2.24 | $13.75 | 513.84% | Buy |
| LAW | CS Disco | $5.82 | $26.86 | 361.51% | Hold |
| ONTF | ON24 | $6.07 | $18.00 | 196.54% | - |
| BMBL | Bumble | $6.21 | $18.22 | 193.40% | Buy |
| NRDY | Nerdy | $1.06 | $3.00 | 183.02% | Hold |
| FRSH | Freshworks | $11.16 | $22.08 | 97.85% | Buy |
| PYCR | Paycor HCM | $13.71 | $23.11 | 68.56% | Hold |
| BRZE | Braze | $34.99 | $58.92 | 68.39% | Buy |
| OPFI | OppFi | $4.36 | $5.33 | 22.25% | Buy |
| DAVE | Dave | $38.33 | $41.83 | 9.13% | Buy |
| ENV | Envestnet | $62.50 | $67.86 | 8.58% | Hold |
| PWSC | PowerSchool | $22.76 | $24.08 | 5.80% | Hold |
| CWAN | Clearwater Analytics | $25.15 | $24.33 | -3.26% | Buy |
DAVE Forecast FAQ
Is Dave a good buy?
Yes, according to 5 Wall Street analysts, Dave (DAVE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 100.00% of DAVE's total ratings.
What is DAVE's price target?
Dave (DAVE) average price target is $41.83 with a range of $0.156 to $58, implying a 9.13% from its last price of $38.33. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Dave stock go up soon?
According to Wall Street analysts' prediction for DAVE stock, the company can go up by 9.13% (from the last price of $38.33 to the average price target of $41.83), up by 51.32% based on the highest stock price target, and down by -99.59% based on the lowest stock price target.
Can Dave stock reach $60?
DAVE's average twelve months analyst stock price target of $41.83 does not support the claim that Dave can reach $60 in the near future.
What are Dave's analysts' financial forecasts?
Dave's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $313.61M (high $319.02M, low $306.58M), average EBITDA is $-80.6M (high $-78.794M, low $-81.99M), average net income is $10.52M (high $11.98M, low $9.02M), average SG&A $194.65M (high $198.01M, low $190.29M), and average EPS is $0.777 (high $0.885, low $0.666). DAVE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $380.38M (high $386.98M, low $371.9M), average EBITDA is $-97.761M (high $-95.58M, low $-99.457M), average net income is $41.44M (high $42.38M, low $40.24M), average SG&A $236.1M (high $240.19M, low $230.83M), and average EPS is $3.06 (high $3.13, low $2.97).
Did the DAVE's actual financial results beat the analysts' financial forecasts?
Based on Dave's last annual report (Dec 2023), the company's revenue was $232.24M, which missed the average analysts forecast of $246.24M by -5.68%. Apple's EBITDA was $-494M, beating the average prediction of $-63.285M by 680.17%. The company's net income was $-48.517M, missing the average estimation of $-103M by -52.99%. Apple's SG&A was $48.39M, missing the average forecast of $152.84M by -68.34%. Lastly, the company's EPS was $-4.07, missing the average prediction of $-7.62 by -46.59%. In terms of the last quarterly report (Sep 2023), Dave's revenue was $59.18M, missing the average analysts' forecast of $62.25M by -4.93%. The company's EBITDA was $-122M, beating the average prediction of $-15.999M by 665.32%. Dave's net income was $-12.053M, missing the average estimation of $-25.462M by -52.66%. The company's SG&A was $13.91M, missing the average forecast of $38.64M by -63.99%. Lastly, the company's EPS was $-1.01, missing the average prediction of $-1.88 by -46.28%