DAVE Stock - Dave Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $347.08M | $259.09M | $204.84M | $153.01M | $121.80M |
| Gross Profit | $316.70M | $230.17M | $172.89M | $129.55M | $100.15M |
| Gross Margin | 91.2% | 88.8% | 84.4% | 84.7% | 82.2% |
| Operating Income | $34.61M | $-42,200,000 | $-134,395,000 | $-6,376,928 | N/A |
| Net Income | $57.87M | $-48,517,000 | $-128,906,000 | $-19,993,000 | $-6,957,000 |
| Net Margin | 16.7% | -18.7% | -62.9% | -13.1% | -5.7% |
| EPS | $4.62 | $-4.07 | $-10.92 | $-1.72 | $-0.60 |
Dave Inc. provides a suite of financial products and services through its financial service online platform. The company offers Insights, a personal financial management tool to manage income and expenses between paychecks for members; ExtraCash, a free overdraft and short-term credit alternative, which allows members to advance funds to their account and avoid a fee; and Side Hustle, a job application portal. It also provides Dave Banking, a digital checking and demand deposit account. The company was founded in 2015 and is based in West Hollywood, California.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 26th 2025 | Citizens JMP | Reiterated | Mkt Outperform | $300← $280 |
| May 27th 2025 | B. Riley Securities | Reiterated | Buy | $239← $206 |
| January 31st 2025 | Canaccord Genuity | Initiation | Buy | $120 |
| August 12th 2024 | The Benchmark Company | Initiation | Buy | $53 |
| July 26th 2024 | Lake Street | Initiation | Buy | $53 |
| June 10th 2024 | Seaport Research Partners | Initiation | Buy | $54 |
| June 7th 2024 | B. Riley Securities | Initiation | Buy | $60 |
| April 29th 2024 | JMP Securities | Initiation | Mkt Outperform | $70 |
| April 23rd 2024 | Barrington Research | Upgrade | Outperform | $45 |
| March 15th 2024 | Barrington Research | Initiation | Market Perform | - |
| April 25th 2022 | Jefferies | Initiation | Hold | $5 |
Earnings History & Surprises
DAVEEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Mar 2, 2026 | $3.19 | — | — | — |
Q4 2025 | Nov 4, 2025 | $2.29 | $4.24 | +85.2% | ✓ BEAT |
Q3 2025 | Aug 6, 2025 | $1.90 | $3.14 | +65.3% | ✓ BEAT |
Q2 2025 | May 8, 2025 | $1.54 | $2.48 | +61.0% | ✓ BEAT |
Q1 2025 | Mar 3, 2025 | $1.09 | $2.04 | +87.2% | ✓ BEAT |
Q4 2024 | Nov 12, 2024 | $0.49 | $1.51 | +208.2% | ✓ BEAT |
Q3 2024 | Aug 5, 2024 | $0.12 | $1.01 | +741.7% | ✓ BEAT |
Q2 2024 | May 7, 2024 | $-0.28 | $0.62 | +321.4% | ✓ BEAT |
Q1 2024 | Mar 5, 2024 | $-2.05 | $0.03 | +101.5% | ✓ BEAT |
Q4 2023 | Nov 7, 2023 | $-1.88 | $-1.01 | +46.3% | ✓ BEAT |
Q3 2023 | Aug 8, 2023 | $-1.97 | $-1.90 | +3.6% | ✓ BEAT |
Q2 2023 | May 9, 2023 | $-1.72 | $-1.19 | +30.8% | ✓ BEAT |
Q1 2023 | Mar 6, 2023 | $-1.95 | $-4.79 | -145.6% | ✗ MISS |
Q4 2022 | Nov 14, 2022 | $-1.92 | $-4.15 | -116.1% | ✗ MISS |
Q3 2022 | Aug 22, 2022 | $-2.24 | $-2.24 | 0.0% | = MET |
Q2 2022 | May 13, 2022 | $-1.60 | $-3.19 | -99.4% | ✗ MISS |
Q1 2022 | Mar 25, 2022 | — | $-1.31 | — | — |
Q1 2022 | Mar 21, 2022 | — | $-4.79 | — | — |
Q3 2021 | Aug 13, 2021 | — | $-0.07 | — | — |
Latest News
B. Riley Securities Reiterates Buy on Dave, Raises Price Target to $297
📈 PositiveBarrington Research Maintains Outperform on Dave, Maintains $290 Price Target
📈 PositiveBenchmark Maintains Buy on Dave, Raises Price Target to $345
📈 PositiveCitizens Maintains Market Outperform on Dave, Raises Price Target to $310
📈 PositiveBarrington Research Maintains Outperform on Dave, Maintains $290 Price Target
📈 PositiveDAVE stock has given up its prior gain. Dave Inc. shares were trading higher after the company reported Q3 earnings and revenue above estimates and raised its FY2025 sales guidance above expectations.
➖ NeutralDave Inc. shares are trading higher after the company reported Q3 earnings and revenue above estimates and raised its FY2025 sales guidance above expectations.
📈 PositiveDave Raises FY2025 Sales Guidance from $505.000M-$515.000M to $544.000M-$547.000M vs $511.100M Est
📈 PositiveDave Q3 Adj. EPS $4.24 Beats $1.82 Estimate, Sales $150.800M Beat $132.843M Estimate
📈 PositiveBarrington Research Maintains Outperform on Dave, Maintains $290 Price Target
📈 PositiveBenchmark Reiterates Buy on Dave, Maintains $320 Price Target
📈 PositiveJMP Securities Maintains Market Outperform on Dave, Raises Price Target to $300
📈 PositiveDave Implements CashAI v5.5, To Deliver Expanded Access To ExtraCash, Enhanced Credit Performance, And Gross Profit Growth
📈 PositiveBarrington Research Maintains Outperform on Dave, Maintains $290 Price Target
📈 PositiveDave stock sinks even after strong Q2 earnings beat, revenue guidance lift
📉 NegativeDave stock soars after massive Q1 earnings beat, guidance boost
📈 PositiveFrequently Asked Questions about DAVE
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