Why Is DAVE INC A (DAVE) Stock Down Today?

Dave Inc shares fell 21.10% to $265.28 on November 5, 2026. The primary driver was a third-quarter profit miss that outweighed strong revenue growth and raised full-year guidance.

What Happened

Dave reported third-quarter 2026 revenue of $197.7 million, which beat the $191.551 million estimate. Adjusted EPS came in at $4.39, exceeding the $4.33 forecast. However, GAAP EPS of $3.30 missed analyst expectations. The company raised its full-year 2026 revenue guidance to $746 million to $750 million, up from a prior range of $725 million to $735 million. Adjusted EPS guidance was also increased to $17.45 to $17.65, compared to the previous $17.00 to $17.50 range. Lake Street raised its price target to $480 from $450 following the release.

What The Data Shows

The stock opened at $307.00, an 8.7% gap down from the prior close of $336.22. The session high was $310.00 at 9:30 AM ET, while the low reached $265.00 at 9:55 AM ET. Volume stood at 0.2 million shares, which is 0.5 times the three-month daily average. The company has a market capitalization of $4.0 billion and a P/E ratio of 21.5. Trailing twelve-month revenue grew 48.6%, with a net margin of 34.6%. The stock carries a beta of 4.08 and a 52-week range of $152.21 to $458.25. On November 5, the stock printed two fresh 52-week highs and eleven fresh 52-week lows. Donald J. Trump disclosed a sale of $1,001 to $15,000 on July 29, 2026, and a purchase of $15,001 to $50,000 on June 4, 2026.

What To Watch

Investors will monitor the company’s ability to sustain its raised full-year guidance. The stock’s high beta and recent volatility suggest continued sensitivity to macroeconomic factors and credit trends.