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
- Adjusted 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 adjusted 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 7.3/10.
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
- V7 flight-to-quality bonus: +0.5 (Q=9.0 in RISK_OFF)
- Strong earnings beat streak (3/4)
What argues against it
- Concentration risk — Counterparty: Evolve Bank & Trust
- Concentration risk — Counterparty: Coastal Community Bank
- Sector modifier (Technology): -0.8
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
- $346.22
- Entry target
- $320.23
- Price target
- $386.47
- Stop
- $301.55
- Upside to target
- +11.6%
- Reward-to-risk
- 1.0:1
The stock trades at 22.1× trailing but 15.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-07 — 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
- $4.38B
- P/E (fwd)
- 15.5
- P/E (ttm)
- 22.1
- 52-week range
- $152.21–$458.25
- Off 52-week high
- 24.4%
- RSI (14)
- 47
- Volume vs avg
- 0.53×
- Score today
- 7.3/10