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Dave rises on upbeat 2026 profit forecast

ReutersMar 3, 2026 1:34 PM

Shares of digital banking firm Dave DAVE.O rise 6.2% to $211.40 premarket

Co expects FY 2026 adj. EPS of $14.00 - $15.00, above analyst expectations of $12.58, according to data compiled by LSEG

Co reports a 36% y-o-y increase in Q4 average revenue per user (ARPU), contributing to revenue growth

DAVE also beat Q4 adj. EPS estimates

Ten of 10 brokerages rate the stock "buy" or higher; their median PT is $308 - LSEG data

Up to last close, stock down 10.1% YTD

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