10 Hot Mid Cap Stocks to Buy Now

3. Dave Inc. (NASDAQ:DAVE)

Market Capitalization: $2.75 Billion

6-Month Performance: 111.82%

Number of Hedge Fund Holders: 42

Dave Inc. (NASDAQ:DAVE) is one of the best hot mid-cap stocks to buy now. On August 20, Benchmark reaffirmed its Buy rating for Dave Inc. (NASDAQ:DAVE) with a $320 price target.

This decision came after a Benchmark-hosted investor meeting with Dave Inc.’s (NASDAQ:DAVE) Chief Executive Officer, Jason Wilk, and Chief Financial Officer, Kyle Beilman.

From the meeting, Benchmark received clarity regarding why Dave Inc.’s (NASDAQ:DAVE) 28-day delinquencies increased in the second quarter of 2025. The research firm indicated that this had overshadowed the company’s overall performance.

Benchmark pointed out that this increase in delinquency “obscured a remarkably strong operating performance across almost every metric” for the second quarter.

Additionally, Benchmark analysts noted that the investor meeting provided insights into Dave Inc.’s (NASDAQ:DAVE) operating strategy and plans for growth following the release of its financial results for Q2 2025.

Dave Inc. (NASDAQ:DAVE) is a leading US neobank and fintech company that provides banking services at much lower costs than traditional banks. The company offers a range of services including ExtraCash advances, budgeting tools, job search assistance, and a digital checking account.