Keefe Bruyette Maintains an Outperform Rating on Dave Inc. (DAVE)

On May 7, Keefe Bruyette raised its terms people connected Dave Inc. (NASDAQ:DAVE) to $340 from $330, maintaining an Outperform rating, TheFly reported.

On May 5, Dave Inc. (NASDAQ:DAVE) reported gross of $158.4 cardinal for the archetypal 4th of 2026 results with a 47% maturation twelvemonth implicit year, the institution said. Extending that momentum, the institution said MTM grew 18%, and ARPU roseate 24%, portion nett monetization reached 5.1%, its highest level successful implicit 4 years.

Dave Inc. (NASDAQ:DAVE) had nett income of $57.9 million, up 101% twelvemonth implicit year. It paired that with adjusted EBITDA of $69.3 million, going up by 57%. At the aforesaid time, the institution said its 28-day past owed complaint fell to 1.69%, marking the lowest Q1 level successful its history. Founder and CEO Jason Wilk said “record recognition performance” and sustained execution fuelled the quarter, noting request contempt seasonal refund dynamics.

Separately, the institution said it deployed astir $195 cardinal successful stock repurchases and raised its 2026 revenue, adjusted EBITDA, and adjusted diluted EPS guidance.

Dave Inc. (NASDAQ:DAVE)  is simply a integer banking services provider. It includes a budgeting tool, the flagship ExtraCash, and Dave Banking.

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