B.Riley Financial Maintains Buy Rating for Dave with $277 Price Target

B.Riley Financial reiterated a Buy rating on Dave with a price target of $277.00. The company's shares closed at $202.30. Analyst Hal Goetsch has a 58.10% success rate on recommended stocks. Dave has a Strong Buy analyst consensus with a price target consensus of $261.00, implying a 29.02% upside from current levels. The company reported Q2 revenue of $131.76 million and a net profit of $9.04 million. Corporate insider sentiment is negative due to an increase in insider selling.

Dave Inc. has received a Buy rating from B.Riley Financial, with a price target of $277.00, according to a recent report. The company's shares closed at $202.30 on July 2, 2025. Analyst Hal Goetsch, who has a 58.10% success rate on recommended stocks, reiterated his positive stance on Dave Inc. [1].

Dave Inc. operates a financial services platform offering various financial products and services in the United States, with a market cap of approximately $2.72 billion. The company's revenue primarily comes from its service-based and transaction-based operations, totaling $433.07 million. Dave Inc. showcases significant earnings growth, projected at 39.3% annually, outpacing the US market's average. Despite recent insider selling, the company has completed a share buyback worth $31.9 million and authorized an additional $125 million repurchase plan [1].

In the second quarter of 2025, Dave Inc. reported revenue rising to $131.76 million from $80.1 million year-over-year, with net income increasing to $9.04 million from $6.4 million, indicating robust financial performance amidst high volatility in share price [1]. The Strong Buy analyst consensus with a price target consensus of $261.00 implies a 29.02% upside from current levels [1].

However, corporate insider sentiment is negative due to an increase in insider selling. This mixed sentiment might warrant investor attention. Dave Inc. is part of a broader list of 194 Fast Growing US Companies With High Insider Ownership, identified by Simply Wall St [1].

References:
[1] https://finance.yahoo.com/news/top-growth-companies-high-insider-113537257.html