Fubotv earnings beat by $0.10, revenue topped estimates
Dave Inc’s stock has reached a new 52-week high, hitting a price of 283.19 USD. This milestone reflects a significant upward trend for the company, which has seen its stock value increase by an impressive 754.6% over the past year. According to InvestingPro data, the company’s strong performance is backed by robust revenue growth of 39.31% and a "GREAT" financial health score. The surge in Dave Inc’s stock price highlights strong investor confidence and positive market sentiment surrounding the company’s performance and future prospects. This remarkable growth trajectory underscores the company’s robust financial health and strategic initiatives that have resonated well with shareholders and market analysts alike. Analysts maintain a strong buy consensus, though InvestingPro analysis suggests the stock may be trading above its Fair Value. InvestingPro subscribers can access 12 additional key insights and a comprehensive Pro Research Report for deeper analysis of Dave Inc’s valuation metrics and growth potential.
In other recent news, Dave Inc reported its first-quarter 2025 earnings, which exceeded analyst expectations. The company announced earnings per share of $2.48, significantly higher than the forecasted $0.75, and revenue of $108 million, surpassing the anticipated $92.63 million. This performance marks a 47% year-over-year revenue increase. Following the earnings announcement, Dave Inc raised its full-year revenue guidance to a range of $460-$475 million. Additionally, the company increased its adjusted EBITDA guidance to $155-$165 million, reflecting anticipated growth of 79-91%.
Benchmark has raised its price target for Dave Inc to $320, maintaining a Buy rating, while JMP Securities increased its price target to $200, maintaining a Market Outperform rating. These adjustments highlight the company’s strong financial performance and its ability to exceed market expectations. Dave Inc’s operating expenses were reported at $72.8 million, which was $9.8 million better than anticipated by analysts. The company’s adjusted EBITDA for the quarter more than doubled the estimate, reaching $44.2 million. These developments underscore the company’s growth trajectory and operational efficiency.
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