Q2 Earnings Estimate for Dave Issued By Seaport Res Ptn

Dave Inc. (NASDAQ:DAVE - Free Report) - Seaport Res Ptn issued their Q2 2025 EPS estimates for Dave in a report issued on Monday, July 14th. Seaport Res Ptn analyst J. Cantwell anticipates that the fintech company will post earnings per share of $0.68 for the quarter. The consensus estimate for Dave's current full-year earnings is $1.07 per share. Seaport Res Ptn also issued estimates for Dave's Q3 2025 earnings at $1.07 EPS, Q4 2025 earnings at $1.65 EPS, FY2025 earnings at $5.37 EPS, Q1 2026 earnings at $1.92 EPS, Q2 2026 earnings at $1.17 EPS, Q3 2026 earnings at $1.30 EPS, Q4 2026 earnings at $2.14 EPS and FY2026 earnings at $6.54 EPS.

Dave (NASDAQ:DAVE - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The fintech company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $1.15. Dave had a net margin of 13.75% and a return on equity of 34.85%.

A number of other research analysts also recently issued reports on the stock. B. Riley raised their price target on shares of Dave from $206.00 to $239.00 and gave the stock a "buy" rating in a research report on Tuesday, May 27th. Canaccord Genuity Group lifted their price objective on shares of Dave from $130.00 to $179.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. JMP Securities set a $260.00 target price on shares of Dave and gave the stock a "market outperform" rating in a research report on Monday. Wall Street Zen upgraded shares of Dave from a "sell" rating to a "hold" rating in a report on Monday, May 12th. Finally, Piper Sandler reiterated a "neutral" rating on shares of Dave in a research note on Tuesday, June 10th. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $237.50.

Dave Stock Down 5.7%

NASDAQ DAVE traded down $11.49 during trading hours on Wednesday, reaching $191.00. 995,805 shares of the company traded hands, compared to its average volume of 452,751. Dave has a 12 month low of $28.74 and a 12 month high of $286.45. The company has a current ratio of 8.59, a quick ratio of 8.59 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $2.55 billion, a PE ratio of 52.62 and a beta of 3.98. The company has a 50 day moving average of $215.75 and a two-hundred day moving average of $134.60.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC acquired a new position in Dave during the 2nd quarter valued at about $656,000. Pallas Capital Advisors LLC acquired a new stake in shares of Dave in the 2nd quarter valued at approximately $227,000. Harbour Capital Advisors LLC acquired a new stake in shares of Dave in the 2nd quarter valued at approximately $621,000. Baader Bank Aktiengesellschaft acquired a new stake in shares of Dave in the 2nd quarter valued at approximately $591,000. Finally, Great Lakes Advisors LLC acquired a new stake in shares of Dave in the 1st quarter valued at approximately $3,487,000. 18.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Dave

In other Dave news, CEO Jason Wilk sold 172,667 shares of the business's stock in a transaction on Friday, June 13th. The shares were sold at an average price of $211.95, for a total value of $36,596,770.65. Following the sale, the chief executive officer owned 225,411 shares of the company's stock, valued at $47,775,861.45. The trade was a 43.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Yadin Rozov sold 5,500 shares of the company's stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $206.94, for a total transaction of $1,138,170.00. Following the completion of the sale, the director directly owned 95,678 shares in the company, valued at approximately $19,799,605.32. The trade was a 5.44% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 294,960 shares of company stock worth $62,575,325. Corporate insiders own 28.48% of the company's stock.

Dave Company Profile

Dave, Inc is a digital banking service. Its products include a budgeting tool to help members manage their upcoming bills to avoid overspending, cash advances through its flagship ExtraCash product to help members avoid punitive overdraft fees, a Side Hustle product, where Dave helps connect members with supplemental work opportunities, and Dave Banking, a modern checking account experience with valuable tools for building long-term financial health.