Loop Capital initiates coverage of Dave with a Buy rating
Fintel reports that on September 9, 2026, Loop Capital initiated coverage of Dave (NASDAQGM:DAVE) with a Buy recommendation.
On September 9, 2026, the latest close for Dave was $361.88, following a pre-action close of $376.38 on September 8, 2026. This latest close represents a price change of -2.94% over one week, compared to a baseline close of $372.85 on September 2, 2026. Over a longer timeframe, the stock has experienced a price change of +13.82% over one month, relative to a baseline close of $317.93 on August 7, 2026.
Prior to this rating action, the current consensus target mean for the stock was established at $438.52 as of August 28, 2026, which represents an implied change of +21.18% from previous levels. The current consensus target median was recorded at $458.49 on the same date. This current mean target reflects a consensus target revision of +9.88% from the prior consensus target mean of $399.10 recorded on August 4, 2026. In terms of aggregate analyst recommendations, the current recommendation period as of September 1, 2026, shows a total of 19 recommendations, consisting of 4 strong buy, 12 buy, 3 hold, 0 sell, and 0 strong sell ratings. This represents a positive recommendation percentage of 84.2%, a hold percentage of 15.8%, and a negative percentage of 0.0%. In the prior recommendation period as of August 1, 2026, there were 18 total recommendations, including 4 strong buy, 11 buy, 3 hold, 0 sell, and 0 strong sell ratings, yielding a positive percentage of 83.3% and a hold percentage of 16.7%.
Dave reported its latest earnings on August 5, 2026, with an actual EPS of 0.49 compared to an estimated EPS of 3.7415, representing an EPS surprise of -86.90%. The actual revenue for the period was $170,793,000,000,000.00, compared to an estimated revenue of $174,153,871,000,000.00. Other recent analyst activities include Piper Sandler initiating coverage on August 17, 2026, with an Overweight rating. Additionally, Evercore ISI Group maintained an In-Line rating on August 11, 2026, with the rating remaining unchanged from In-Line to In-Line.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 9, 2026 | Loop Capital | Buy | initiated coverage | |
| August 17, 2026 | Piper Sandler | Overweight | initiated coverage | |
| August 11, 2026 | Evercore ISI Group | In-Line | In-Line | maintained |
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This story originally appeared on Fintel.