Dave, Inc. (NASDAQ:DAVE) on Monday posted better-than-expected fourth-quarter results.
Dave reported quarterly earnings of $3.69 per share, which beat the consensus estimate of $3.19 by 15.6%, according to Benzinga Pro. Quarterly revenue clocked in at $163.7 million, which beat the Street estimate of $157.2 million and was up from $100.9 million in the same period last year.
“We closed 2025 with another record quarter, marking our third consecutive period of 60%+ year-over-year revenue growth,” said Jason Wilk, CEO of Dave.
Dave guided to fiscal 2026 adjusted EPS of $14 to $15, compared to the $12.12 analyst estimate, and revenue in a range of $690 million to $710 million, versus the $639.51 million estimate.
Dave shares gained 1.9% to trade at $202.80 on Tuesday.
These analysts made changes to their price targets on Dave following earnings announcement.
- Keefe, Bruyette & Woods analyst Ryan Tomasello maintained Dave with an Outperform rating and raised the price target from $250 to $295.
- Canaccord Genuity analyst Joseph Vafi maintained the stock with a Buy and raised the price target from $274 to $328.
Considering buying DAVE stock? Here’s what analysts think:
Photo via Shutterstock
Recent Comments