DAVE INC (DAVE) Stock Jumps 4.7%: Will It Continue to Soar?

Dave Inc. (DAVE) shares rallied 4.7% in the last trading session to close at $238.54. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 22.3% gain over the past four weeks.The stock rallied because the company announced a $125 million share repurchase program and raised its 2025 revenue guidance to $505–$515 million, boosting investor sentiment.This company is expected to post quarterly earnings of $2.09 per share in its upcoming report, which represents a year-over-year change of +38.4%. Revenues are expected to be $131.17 million, up 41.8% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For DAVE INC, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on DAVE going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>DAVE INC is a member of the Zacks Technology Services industry. One other stock in the same industry, Kyndryl Holdings, Inc. (KD), finished the last trading session 0.4% lower at $31.35. KD has returned 3.5% over the past month.For Kyndryl Holdings, Inc., the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.33. This represents a change of +3200% from what the company reported a year ago. Kyndryl Holdings, Inc. currently has a Zacks Rank of #4 (Sell).Free Report: 3 Software Stocks Poised to SkyrocketSoftware stocks are poised to catapult higher in the coming months (and years) thanks to several factors, especially the explosive growth of AI. Zacks' urgent report reveals 3 top software stocks to own right now.Access the report free today >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dave Inc. (DAVE): Free Stock Analysis Report Kyndryl Holdings, Inc. (KD): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks