Dave Inc's stock surged 5.16% during intraday trading on Monday, marking a significant upward movement for the financial services company.

The sharp increase appears to be driven by the company's release of preliminary, unaudited results for the fourth quarter and full year 2025. Dave reported that both revenue and adjusted EBITDA are expected to exceed the top end of its prior guidance, while its key credit metric—28 Days Past Due—is projected to be between 1.95% and 2.00%, representing an improvement over earlier expectations.

Adding to the positive sentiment, multiple analyst firms initiated coverage on Dave with bullish ratings. William Blair commenced coverage with an Outperform rating, while Keefe Bruyette & Woods also initiated coverage with an Outperform rating and a $250 price target. According to analyst polls, Dave maintains an average Buy rating with a mean price target of $300.11.