Dave Inc's stock price drops 7.44% to $198.13 on July 15.

Shares of Dave Inc (DAVE) fell 7.44% on July 15 to $198.13, down from its previous close of $214.06. The stock is 30.83% below its 52-week high of $286.45 and 589.31% above its 52-week low of $28.74. Analysts forecast an average target price of $223.50, implying an upside of 12.80% from the current price. The estimated GF Value for Dave Inc is $39.62, suggesting a downside of 80% from the current price.

Shares of Dave Inc. (DAVE) fell 7.44% on July 15 to $198.13, down from its previous close of $214.06. The stock is 30.83% below its 52-week high of $286.45 and 589.31% above its 52-week low of $28.74. Analysts forecast an average target price of $223.50, implying an upside of 12.80% from the current price. The estimated GF Value for Dave Inc. is $39.62, suggesting a downside of 80% from the current price [1].

Dave Inc. reported its Q1 2025 earnings on May 8, with earnings per share (EPS) of $1.97, surpassing the consensus estimate of $0.82 by $1.15. The company also reported a net margin of 13.75% and a return on equity of 34.85% [2].

On July 14, Dave Inc. announced the promotion of Kyle Beilman to Chief Financial Officer and Chief Operating Officer (CFO & COO). This move follows Dave's strong financial performance in 2024, which included 38% revenue growth and significant profitability improvements [3].

The estimated GF Value for Dave Inc. is $39.62, suggesting a downside of 80% from the current price [1]. Despite the recent drop, analysts remain bullish on the stock, with an average rating of "Strong Buy" and a 12-month stock price target of $237.5, representing a 24.71% increase from the latest price [4].

Dave Inc. operates in the fintech sector, providing various financial products and services through its platform. These services include Budget, a personal financial management tool; ExtraCash, a short-term liquidity alternative; Side Hustle, a job application portal; and Surveys, which allows members to take paid surveys [5].

References:
[1] https://stockanalysis.com/stocks/dave/
[2] https://www.marketbeat.com/instant-alerts/q2-earnings-forecast-for-dave-issued-by-seaport-res-ptn-2025-07-16/
[3] https://www.globenewswire.com/news-release/12659314/EN/Dave-Inc-promotes-Kyle-Beilman-to-CFO-COO.html
[4] https://www.globenewswire.com/news-release/12659314/EN/Dave-Inc-promotes-Kyle-Beilman-to-CFO-COO.html
[5] https://www.globenewswire.com/news-release/12659314/EN/Dave-Inc-promotes-Kyle-Beilman-to-CFO-COO.html