Dave Stock Sees Surge in Trading Volume

Analysts Forecast Strong Growth for the Fintech Company

Published on Mar. 5, 2026

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Shares of Dave Inc. (NASDAQ:DAVE) saw a significant increase in trading volume on Thursday, up 55% from the previous session. The stock closed at $219.74, after previously closing at $210.67. Wall Street analysts have been bullish on the fintech company, with several firms raising their price targets and issuing "buy" ratings.

Why it matters

The spike in trading volume and positive analyst sentiment suggest investors are taking a renewed interest in Dave, a Los Angeles-based financial technology company that offers fee-free overdraft protection and other budgeting tools through its mobile app. The company's strong performance and growth potential have made it an attractive investment option in the competitive fintech space.

The details

According to the report, a number of equity research analysts have recently weighed in on Dave, with Keefe, Bruyette & Woods raising their price target from $250 to $295 and reiterating an "outperform" rating. Benchmark also reaffirmed a "buy" rating on the stock, while Citigroup reiterated an "outperform" rating. Zacks Research upgraded the stock from "hold" to "strong-buy." The company's board also approved a $300 million share buyback program, indicating confidence in the stock's valuation.

  • On Thursday, March 5, 2026, Dave's trading volume increased by 55% compared to the previous session.
  • On Monday, March 2, 2026, Dave's board approved a $300 million share buyback program.

The players

Dave Inc.

A Los Angeles-based financial technology company founded in 2016 that offers a subscription-based mobile app designed to help consumers avoid overdraft fees, manage their budgets and track expenses.

Keefe, Bruyette & Woods

An investment banking firm that raised its price target on Dave from $250 to $295 and reiterated an "outperform" rating on the stock.

Benchmark

An equity research firm that reaffirmed a "buy" rating on shares of Dave.

Citigroup

A financial services company that reiterated an "outperform" rating on Dave's stock.

Zacks Research

An equity research firm that upgraded Dave from a "hold" rating to a "strong-buy" rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.