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Dave strengthens board with new independent director

Story Highlights
  • Dave appointed AI-focused executive Nima Khajehnouri to its board, enhancing technical leadership.
  • Board leadership shifts, including a new Lead Independent Director, aim to strengthen Dave’s governance and growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dave strengthens board with new independent director

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Dave ( (DAVE) ) has provided an announcement.

On January 20, 2026, Dave Inc. announced a series of board changes, highlighted by the appointment of Meta Vice President of Engineering Nima Khajehnouri as an independent Class III director and member of the Audit Committee, in a move aimed at bolstering the company’s technical and AI-focused leadership as it scales its digital banking platform. His appointment coincides with the planned resignation of director Imran Khan, which the company said was not due to any disagreement, and comes with standard non-employee director compensation and an inducement restricted stock unit award, underscoring the competitive market for high-caliber technology talent. The board also restructured its leadership, naming Mike Pope as Lead Independent Director, succeeding Brendan Carroll who remains on the board, and appointing Andrea Mitchell as Chair of the Nominating and Corporate Governance Committee, changes that reflect an effort to strengthen governance, institutional knowledge, and oversight as Dave pursues further growth in the neobanking sector.

The most recent analyst rating on (DAVE) stock is a Buy with a $206.00 price target. To see the full list of analyst forecasts on Dave stock, see the DAVE Stock Forecast page.

Spark’s Take on DAVE Stock

According to Spark, TipRanks’ AI Analyst, DAVE is a Outperform.

The score is driven primarily by strong financial performance (high margins, improving profitability, and solid cash generation) and a very positive earnings call with raised guidance and rapid YoY growth. Offsetting these strengths, technicals are weak with the stock trading below major moving averages and momentum still under pressure, while valuation is reasonable but not boosted by dividends.

To see Spark’s full report on DAVE stock, click here.

More about Dave

Dave Inc. (Nasdaq: DAVE) is a leading U.S. neobank and fintech pioneer that uses disruptive technologies, including artificial intelligence and data-driven innovation, to provide best-in-class, low-cost banking services to millions of everyday Americans, positioning itself as a digital alternative to traditional incumbent banks.

Average Trading Volume: 499,062

Technical Sentiment Signal: Buy

Current Market Cap: $2.62B

For detailed information about DAVE stock, go to TipRanks’ Stock Analysis page.

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