Dave is trading 4.2% down at $388.78 as investors lock in gains following an extended run-up driven by strong 2026 earnings and aggressive analyst target hikes.
- Recent commentary has flagged the stock as expensive relative to historical multiples and fair value estimates, prompting a pullback despite continued fundamental strength.
- Today’s price action appears to be a period of consolidation after a steep advance rather than a reaction to fresh company-specific news.