FMP

FMP

Benchmark Co. Sets Price Target for Dave Inc (DAVE)

  • Benchmark Co. has set a price target of $320 for NASDAQ:DAVE, indicating a potential increase of about 60.52%.
  • DAVE's quarterly revenue growth of 64.5% significantly outpaces Shopify's, showcasing its robust business model and effective market strategies.
  • With a last twelve months (LTM) margin of 23.0%, DAVE demonstrates higher efficiency in converting revenue into profit compared to Shopify.

On October 1, 2025, Benchmark Co. set a price target of $320 for NASDAQ:DAVE. At the time, the stock was priced at $199.35, suggesting a potential increase of about 60.52%. Dave offers a financial app with services like overdraft protection, banking, and credit building, making it a unique player in the financial services sector.

Dave's financial performance is impressive, especially when compared to Shopify. DAVE has achieved a quarterly revenue growth of 64.5%, significantly outpacing Shopify's 31.1%. Over the last 12 months, DAVE's revenue growth was 48.0%, again surpassing Shopify's 29.0%. This strong growth indicates a robust business model and effective market strategies.

DAVE also boasts a higher last twelve months (LTM) margin of 23.0%, compared to Shopify's 15.3%. This indicates that DAVE is more efficient in converting revenue into profit. A higher margin often suggests better cost management and pricing strategies, making DAVE a potentially more profitable investment.

Currently, DAVE's stock is priced at $209, reflecting a $9.65 increase, or a 4.84% rise. The stock has fluctuated between $200.17 and $209.04 today. Over the past year, it reached a high of $286.45 and a low of $37.44, showing significant volatility. This volatility can present both opportunities and risks for investors.

DAVE's market capitalization is approximately $2.82 billion, with a trading volume of 100,011 shares. This market cap indicates the company's size and the value investors place on it. The trading volume shows the level of investor interest and liquidity in the stock, which is crucial for potential investors considering buying or selling shares.