Shares of digital banking platform Dave (NASDAQ:DAVE) jumped 4.8% in the afternoon session after the company continued to draw positive attention from analysts, building on momentum from the previous day. This move followed a rise in the prior session after Benchmark reiterated its "Buy" rating and a $320 price target on the stock. Other financial firms also showed increased confidence, with Freedom Capital Markets lifting its price target to $280 and Citizens JMP increasing its target to $300. These positive actions from analysts came after the digital banking platform reported second-quarter 2025 results that surpassed expectations. The strong financial performance appeared to be the key driver behind the renewed optimism from market observers.
Shares of digital banking platform Dave (NASDAQ:DAVE) jumped 1% in the afternoon session after Benchmark reiterated its Buy rating and a $320 price target on the company's stock, while other analysts also raised their price targets. The positive analyst actions followed Dave's second-quarter 2025 results, which were reported to have exceeded expectations. Following the strong earnings, Freedom Capital Markets lifted its price target on the stock to $280, while Citizens JMP increased its target to $300. Benchmark's affirmation of its positive view came despite market concerns about potential credit issues, signaling confidence from the firm in the company's financial health and prospects.
A number of stocks fell in the afternoon session after the U.S. government hurtled toward a potential shutdown, sparking economic uncertainty and weighing on investor confidence.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at consumer finance stocks, starting with Nelnet (NYSE:NNI).
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Throughout the last three months, 9 analysts have evaluated Dave (NASDAQ: DAVE), offering a diverse set of opinions from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Shares of digital banking platform Dave (NASDAQ:DAVE) jumped 5.6% in the afternoon session after the company announced a $125 million share repurchase program and raised its revenue guidance for 2025. This reflected strong confidence in its future growth prospects. The company lifted its full-year revenue forecast to a range of $505 million to $515 million. The move suggested management saw its own stock as a good investment.
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Ally Financial (NYSE:ALLY) and the best and worst performers in the consumer finance industry.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the personal loan industry, including SoFi (NASDAQ:SOFI) and its peers.
Shares of digital banking platform Dave (NASDAQ:DAVE) jumped 11.2% in the afternoon session after positive sentiment swept through the fintech sector, driven by the highly anticipated U.S. initial public offering of industry bellwether Klarna.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the personal loan industry, including Affirm (NASDAQ:AFRM) and its peers.
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
