Dave (DAVE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $4.12
- Estimate
- $3.84
- Surprise
- +7.3%
- Revenue (period 2026-06-30)
- $170.8M
- Score at report (before → after)
- 6.5 → 6.5/10
Revenue source: xbrl.
How the report landed
Dave (DAVE) beat the $3.84 estimate with diluted EPS of $4.12 — a clear 7.3% upside surprise. TrendMatrix's engine moved from Sell (6.5/10) to Buy (Wait) at 6.5/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates DAVE Buy (Wait) at 6.8/10.
3 of the last 4 quarters beat the estimate; this quarter's +7.3% surprise compares with a +26.2% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Strong earnings beat streak (3/4)
- High-quality business
What argues against it
- Concentration risk — Counterparty: Evolve Bank & Trust
- Concentration risk — Counterparty: Coastal Community Bank
- Thin upside margin: 7.1%
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $360.00
- Entry target
- $336.23
- Price target
- $379.83
- Stop
- $285.01
- Upside to target
- +5.5%
- Reward-to-risk
- 0.5:1
The stock trades at 21.6× trailing but 16.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.
DAVE at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Application
- Market cap
- $4.52B
- P/E (fwd)
- 16.1
- P/E (ttm)
- 21.6
- 52-week range
- $152.21–$458.25
- Off 52-week high
- 21.4%
- RSI (14)
- 41
- Volume vs avg
- 0.76×
- Score today
- 6.8/10