Digital banking platform Dave (NASDAQ: DAVE) will be announcing earnings results this Monday after market hours. Here’s what you need to know.
Dave beat analysts’ revenue expectations last quarter, reporting revenues of $150.7 million, up 63% year on year. It was an incredible quarter for the company, with a beat of analysts’ EPS estimates and a solid beat of analysts’ revenue estimates.
Is Dave a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Dave’s revenue to grow 60.9% year on year, improving from the 37.9% increase it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Dave has a history of exceeding Wall Street’s expectations.
Looking at Dave’s peers in the personal loan segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Sezzle delivered year-on-year revenue growth of 32.2%, beating analysts’ expectations by 2.7%, and SoFi reported revenues up 37%, topping estimates by 2.7%. Sezzle traded up 35.3% following the results while SoFi was down 9.4%.
Read our full analysis of Sezzle’s results here and SoFi’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the personal loan stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.1% on average over the last month. Dave is up 17.2% during the same time and is heading into earnings with an average analyst price target of $300.11 (compared to the current share price of $191.77).
When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.
