On August 4, Dave Inc rose 5.45% in regular trading, trading at $424.59 per share, with turnover of $13.71 million.

On the news front, multiple investment banks significantly raised their price targets on Dave Inc just ahead of its Q2 earnings release scheduled for August 5. Barrington Research lifted its target from $310 to the $420-$440 range, maintaining an Outperform rating. Previously, UBS raised its target from $300 to $470, maintaining a Buy rating. According to FactSet, the current analyst consensus rating is Buy with a mean target price of $388.55.

On the fundamental side, Dave is expected to report Q2 revenue of $171 million, representing 29.51% year-over-year growth, with adjusted EPS of $3.67, up 143.76% year-over-year. The company beat estimates last quarter, delivering adjusted EPS of $4.02 versus the $2.87 consensus, a 26.83% surprise. Full-year guidance of $14-$15 adjusted EPS also exceeded prior Street estimates.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)