Seeking Alpha issued a Strong Buy rating for Dave Inc. with a $350 price target. The analysis cites robust growth, expanding margins, and an aggressive share buyback program as primary drivers.
First-quarter revenue increased 47% year-over-year. Net income rose 101% during the same period.
The proprietary CashAI model achieved record-low delinquency rates. Dave Inc. trades at a forward P/E ratio of approximately 17x based on 2026 EPS guidance. Analysts consider the stock undervalued relative to peers due to superior credit performance and profitability.