Viant Technology (DSP) to Release Earnings on Tuesday

Viant Technology (NASDAQ:DSP - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Tuesday, May 6th. Analysts expect Viant Technology to post earnings of $0.01 per share and revenue of $67.11 million for the quarter.

Viant Technology Price Performance

Viant Technology stock traded up $0.25 during trading hours on Friday, reaching $14.12. The stock had a trading volume of 219,209 shares, compared to its average volume of 227,108. The company has a market cap of $890.60 million, a price-to-earnings ratio of 235.37 and a beta of 1.21. The business's 50 day moving average price is $14.57 and its 200-day moving average price is $16.70. Viant Technology has a 52 week low of $7.77 and a 52 week high of $26.33.

Insider Buying and Selling

In other news, CFO Larry Madden sold 14,284 shares of the firm's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $23.12, for a total value of $330,246.08. Following the transaction, the chief financial officer now owns 344,340 shares in the company, valued at $7,961,140.80. This trade represents a 3.98 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 28.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on DSP shares. JMP Securities increased their target price on shares of Viant Technology from $17.00 to $24.00 and gave the company a "market outperform" rating in a research report on Monday, January 27th. Raymond James dropped their price target on Viant Technology from $27.00 to $18.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $21.00 price target on shares of Viant Technology in a report on Wednesday, April 2nd. Seven research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $21.14.

About Viant Technology

Viant Technology Inc operates as an advertising technology company. It provides Household ID, a people-based innovation that combines digital and personal identifiers into a normalized household profile; AI Bid Optimizer, solution that uses AI to analyze historical bid opportunities to predict the lowest media cost for desired advertisement; and Viant Data Platform, which offers marketers control over their own data with actionable insights into their marketing initiatives within a single platform.