Dave Inc. (NASDAQ:DAVE) is one of the On May 7, Keefe Bruyette raised its price target on Dave Inc. (NASDAQ:DAVE) to $340 from $330, maintaining an Outperform rating, TheFly reported.
On May 5, Dave Inc. (NASDAQ:DAVE) reported revenue of $158.4 million for the first quarter of 2026 results with a 47% growth year over year, the company said
Extending that momentum, the company said MTM grew 18%, and ARPU rose 24%, while net monetization reached 5.1%, its highest level in over four years. Dave Inc. (NASDAQ:DAVE) had net income of $57.9 million, up 101% year over year. It paired that with adjusted EBITDA of $69.3 million, going up by 57%.
At the same time, the company said its 28-day past due rate fell to 1.69%, marking the lowest Q1 level in its history. Founder and CEO Jason Wilk said “record credit performance” and sustained execution fuelled the quarter, noting demand despite seasonal refund dynamics. Separately, the company said it deployed about $195 million in share repurchases and raised its 2026 revenue, adjusted EBITDA, and adjusted diluted EPS guidance.