diff --git a/web/default/src/features/dashboard/components/overview/overview-dashboard.tsx b/web/default/src/features/dashboard/components/overview/overview-dashboard.tsx
index a280e89e..b303ff1f 100644
--- a/web/default/src/features/dashboard/components/overview/overview-dashboard.tsx
+++ b/web/default/src/features/dashboard/components/overview/overview-dashboard.tsx
@@ -598,7 +598,9 @@ export function OverviewDashboard() {
 
   const completedStepCount = startSteps.filter((step) => step.completed).length
   const setupComplete = completedStepCount === startSteps.length
-  const setupGuideExpanded = manualSetupGuideExpanded ?? !setupComplete
+  const setupStatusReady = apiKeysQuery.isFetched && Boolean(user)
+  const setupGuideExpanded =
+    manualSetupGuideExpanded ?? (setupStatusReady && !setupComplete)
   const showLeftContentPanels =
     isAdmin || showApiInfoPanel || showAnnouncementsPanel || showFAQPanel
   const showContentPanels = showLeftContentPanels || showUptimePanel