Dave (DAVE) to Release Quarterly Earnings on Wednesday

Dave (NASDAQ:DAVE) is projected to release its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Dave to post earnings of $3.42 per share and revenue of $170.9450 million for the quarter. Dave has set its FY 2026 guidance at 16.250-16.750 EPS. Investors can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.

Dave (NASDAQ:DAVE) last issued its quarterly earnings data on Tuesday, May 5th. The fintech company reported $3.64 EPS for the quarter, topping the consensus estimate of $2.86 by $0.78. Dave had a return on equity of 77.70% and a net margin of 37.22%.The firm had revenue of $158.41 million during the quarter, compared to the consensus estimate of $153.67 million. On average, analysts expect Dave to post $16 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Dave Stock Up 0.2%

DAVE stock opened at $406.45 on Wednesday. The firm has a market capitalization of $5.17 billion, a PE ratio of 26.14 and a beta of 3.82. The company has a quick ratio of 3.86, a current ratio of 3.86 and a debt-to-equity ratio of 0.95. Dave has a twelve month low of $152.21 and a twelve month high of $458.25. The stock’s 50 day moving average is $335.08 and its 200-day moving average is $251.65.

Insider Buying and Selling

In other news, CEO Jason Wilk sold 8,474 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $275.05, for a total value of $2,330,773.70. Following the completion of the transaction, the chief executive officer directly owned 299,950 shares of the company’s stock, valued at $82,501,247.50. This represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Dan Preston sold 275 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $247.65, for a total value of $68,103.75. Following the completion of the transaction, the director directly owned 5,466 shares of the company’s stock, valued at approximately $1,353,654.90. This represents a 4.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 28.48% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. National Bank of Canada FI purchased a new stake in shares of Dave during the 3rd quarter valued at $30,000. WealthCollab LLC purchased a new position in shares of Dave in the 2nd quarter worth about $30,000. Kestra Advisory Services LLC purchased a new position in shares of Dave in the 4th quarter worth about $36,000. Atlas Capital Advisors Inc. purchased a new position in shares of Dave in the 4th quarter worth about $84,000. Finally, Inspire Advisors LLC bought a new position in Dave during the fourth quarter valued at about $207,000. Institutional investors own 18.01% of the company’s stock.

Analysts Set New Price Targets

DAVE has been the subject of a number of analyst reports. Citigroup reissued an “outperform” rating on shares of Dave in a research report on Thursday, July 9th. Citizens Jmp raised their price objective on Dave from $365.00 to $450.00 and gave the company a “market outperform” rating in a research note on Thursday, July 9th. Barrington Research lifted their price objective on shares of Dave from $290.00 to $310.00 and gave the stock an “outperform” rating in a report on Friday, June 12th. Lake Street Capital reiterated a “buy” rating and issued a $332.00 target price on shares of Dave in a research note on Wednesday, May 6th. Finally, B. Riley Financial increased their target price on shares of Dave from $358.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Dave presently has a consensus rating of “Buy” and an average target price of $379.40.

Dave Company Profile

Dave, Inc is a Los Angeles–based financial technology company founded in 2016 by Jason Wilk and John Wolanin. The company offers a subscription-based mobile app designed to help consumers avoid overdraft fees, manage their budgets and track expenses. Through its platform, members receive low-balance alerts, expense categorization and cash-advance capabilities tied to upcoming deposits.

At the core of Dave’s offering is fee-free overdraft protection: eligible users can request small, interest-free advances up to a preset limit, typically repaid on their next paycheck or deposit.