Dave, Inc. (DAVE)

NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-10-23

$354.60-7.27%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge Dave, Inc.’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

+0.8%

+10% or more+5%0%−5%−10% or less

19.95 → 20.11 EPS · FY ending Dec 31, 2027 · 9 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 24, 2026 to Oct 24, 2026: (new ÷ prior − 1). Contributor count changed from 9 to 9; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	210.58M
EPS	—	4.842
Annual ending 2026-12-31
Revenue	—	731.5M
EPS	—	13.497
Annual ending 2027-12-31
Revenue	—	899.23M
EPS	—	20.113

Management figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Maintain active share buyback program	A supporting condition in Dave, Inc.'s published investment case. The stated target is Continue repurchasing shares at least at recent pace.	Intact	Buybacks stop or significantly reduce	Qualitative condition This condition has no defined numerical measure. Context reviewed through Oct 23, 2026Last status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
EPS reaches at least $16.25 in 2026	A primary condition in Dave, Inc.'s published investment case. The stated target is >= $16.25 per share.	Intact	EPS falls below $16.25 in FY26	Diluted EPS: $0.49 per share FY2026-Q2; GAAP. Published target: >= $16.25 per share. Target period is not explicitly aligned with this observation. Source published Aug 5, 20260.49 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 5b9b83a4-192b-4068-bdfb-bac0bab46277. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Revenue reaches at least $710 million in 2026	A primary condition in Dave, Inc.'s published investment case. The stated target is >= $710 million.	Intact	revenue falls below $710 million in FY26	Revenue: $170.793M FY2026-Q2; GAAP. Published target: >= $710 million. Target period is not explicitly aligned with this observation. Source published Aug 5, 2026170,793,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 5b9b83a4-192b-4068-bdfb-bac0bab46277. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. Revenue grew from $239.7M in first half 2025 to $329.2M in first half 2026. Management raised 2026 full-year revenue guidance twice, from $710-$720M to $725-$735M, reflecting delivering growth trajectory. Delivery assessment Oct 24, 2026

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$20.11

$19.48 → $20.11 · observed estimates

FY2027 revenue$0.90B

$0.86B → $0.90B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$19.48	$862,717,720	7 / 9
2026-07-25	$21.28	$862,717,820	11 / 12
2026-07-26	$19.48	$862,717,720	7 / 9
2026-07-27	$21.28	$862,717,820	11 / 12
2026-07-28	$21.28	$862,717,820	11 / 12
2026-07-29	$19.48	$862,717,720	7 / 9
2026-07-30	$19.48	$862,717,720	7 / 9
2026-07-31	$19.48	$862,717,720	7 / 9
2026-08-01	$19.48	$862,717,720	7 / 9
2026-08-02	$21.26	$863,224,200	12 / 13
2026-08-03	$21.26	$863,224,200	12 / 13
2026-08-04	$19.44	$863,909,470	8 / 9
2026-08-05	$19.44	$863,909,470	8 / 9
2026-08-06	$19.44	$863,909,470	8 / 9
2026-08-07	$19.66	$877,528,094	8 / 9
2026-08-08	$21.47	$878,969,920	11 / 11
2026-08-09	$21.47	$878,969,920	11 / 11
2026-08-10	$21.47	$878,969,920	11 / 11
2026-08-11	$19.66	$877,528,094	8 / 9
2026-08-12	$21.66	$885,135,860	12 / 12
2026-08-13	$21.66	$885,135,860	12 / 12
2026-08-14	$19.66	$877,528,094	8 / 9
2026-08-15	$19.66	$877,528,094	8 / 9
2026-08-16	$19.66	$877,528,094	8 / 9
2026-08-17	$19.66	$877,528,094	8 / 9
2026-08-18	$19.66	$877,528,094	8 / 9
2026-08-19	$19.66	$877,528,094	8 / 9
2026-08-20	$19.86	$889,940,794	8 / 9
2026-08-21	$19.86	$889,940,794	8 / 9
2026-08-22	$19.86	$889,940,794	8 / 9
2026-08-23	$19.86	$889,940,794	8 / 9
2026-08-24	$19.86	$889,940,794	8 / 9
2026-08-25	$19.86	$889,940,794	8 / 9
2026-08-26	$19.86	$889,940,794	8 / 9
2026-08-27	$19.86	$889,940,794	8 / 9
2026-08-28	$19.86	$889,940,794	8 / 9
2026-08-29	$19.86	$889,940,794	8 / 9
2026-08-30	$19.86	$889,940,794	8 / 9
2026-08-31	$19.86	$889,940,794	8 / 9
2026-09-01	$19.86	$889,940,794	8 / 9
2026-09-02	$19.86	$889,940,794	8 / 9
2026-09-03	$19.86	$889,940,794	8 / 9
2026-09-04	$19.86	$889,940,794	8 / 9
2026-09-05	$19.86	$889,940,794	8 / 9
2026-09-06	$19.86	$889,940,794	8 / 9
2026-09-07	$19.86	$889,940,794	8 / 9
2026-09-08	$19.86	$889,940,794	8 / 9
2026-09-09	$19.86	$889,940,794	8 / 9
2026-09-10	$19.86	$890,802,166	8 / 10
2026-09-11	$19.86	$890,802,166	8 / 10
2026-09-12	$19.86	$890,802,166	8 / 10
2026-09-13	$19.86	$890,802,166	8 / 10
2026-09-14	$19.86	$890,802,166	8 / 10
2026-09-15	$19.86	$890,802,166	8 / 10
2026-09-16	$19.95	$893,682,022	9 / 10
2026-09-17	$19.95	$893,682,022	9 / 10
2026-09-18	$19.95	$893,682,022	9 / 10
2026-09-19	$19.95	$893,682,022	9 / 10
2026-09-20	$19.95	$893,682,022	9 / 10
2026-09-21	$19.95	$893,682,022	9 / 10
2026-09-22	$19.95	$893,682,022	9 / 10
2026-09-23	$19.95	$893,682,022	9 / 10
2026-09-24	$19.95	$893,682,022	9 / 10
2026-09-25	$19.95	$893,682,022	9 / 10
2026-09-26	$19.95	$893,682,022	9 / 10
2026-09-27	$19.95	$893,682,022	9 / 10
2026-09-28	$19.95	$893,682,022	9 / 10
2026-09-29	$19.95	$893,682,022	9 / 10
2026-09-30	$19.95	$893,682,022	9 / 10
2026-10-01	$19.95	$893,682,022	9 / 10
2026-10-02	$20.07	$896,615,355	9 / 10
2026-10-03	$20.07	$896,615,355	9 / 10
2026-10-04	$20.07	$896,615,355	9 / 10
2026-10-05	$20.07	$896,615,355	9 / 10
2026-10-06	$20.07	$896,615,355	9 / 10
2026-10-07	$20.07	$896,615,355	9 / 10
2026-10-08	$20.07	$896,615,355	9 / 10
2026-10-09	$20.11	$898,328,688	9 / 10
2026-10-10	$20.11	$898,328,688	9 / 10
2026-10-11	$20.11	$899,228,688	9 / 10
2026-10-12	$20.11	$899,228,688	9 / 10
2026-10-13	$20.11	$899,228,688	9 / 10
2026-10-14	$20.11	$899,228,688	9 / 10
2026-10-15	$20.11	$899,228,688	9 / 10
2026-10-16	$20.11	$899,228,688	9 / 10
2026-10-17	$20.11	$899,228,688	9 / 10
2026-10-18	$20.11	$899,228,688	9 / 10
2026-10-19	$20.11	$899,228,688	9 / 10
2026-10-20	$20.11	$899,228,688	9 / 10
2026-10-21	$20.11	$899,228,688	9 / 10
2026-10-22	$20.11	$899,228,688	9 / 10
2026-10-23	$20.11	$899,228,688	9 / 10
2026-10-24	$20.11	$899,228,688	9 / 10

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	10	1
2026-06-01	11	1
2026-07-01	11	2
2026-08-01	12	2
2026-09-01	13	2
2026-10-01	13	2

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 13 Buy / Strong Buy · 2 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

○ Previous · ● Latest · common dollar scale

Seaport GlobalOct 8

$422.00New observation · no comparable prior

$0$232.10$464.20

0 raises · 0 cuts · 0 unchanged · 1 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain active share buyback programQualitative condition
EPS reaches at least $16.25 in 2026Diluted EPS: $0.49 per share
Revenue reaches at least $710 million in 2026Revenue: $170.793M

Next proof point

Nov 3, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

2.4%Typical daily move · historical

Downside history

-39.1%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Dave, Inc. outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

DAVE is a growth-oriented financial business, with recent results and higher guidance supporting the thesis. Its current thesis state is intact, though confidence is medium and risk is elevated.

What's priced into Dave, Inc.

The valuation signal is cheap versus peers, while the expectations gap is negative, suggesting expectations are not especially demanding. The priced-in assessment is justified, with low fragility; valuation has risen recently, so the picture is not simply one of low expectations.

What the fundamentals likely do

For the multi-year view, revenue growth and higher 2026 revenue and adjusted EPS guidance support continued fundamental progress if execution persists. Near term, the latest quarter missed and recent earnings surprises have been erratic, making the next report a meaningful risk point.

What Dave, Inc. hinges on

The key company-specific swing factor is whether DAVE sustains its raised guidance; cutting it would damage credibility as well as weaken the outlook. In the near term, rate cuts and strong results from large technology companies could support the sector backdrop, while continued earnings inconsistency could undermine confidence.