Viant Technology (DSP) Stock Price, News & Analysis

Company Overview

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. The company also offers Holistic, an omnichannel DSP for marketers and their agencies to manage omnichannel campaigns and access metrics from each channel to inform decisions in other channels; Viant Identity Graph, which reduces or eliminates the need for cookies by enabling matching of people-based identifiers that anchor digital identifiers that allows marketers to reach targeted consumers in a privacy-conscious manner; and Direct Access, a path optimization program. In addition, it provides campaign analysis and data intelligence tool that empowers customers with differentiated insights, including conversion lift, multi-touch attribution, foot-traffic data reports, digital-out-of-home lift, sales reporting, and ROAS analytics; and self-service platform that provides customers with transparency and control over their advertising campaigns and underlying data infrastructure. The company sells its platform through a direct sales team focused on business development in various markets. It serves purchasers of programmatic advertising inventory; and large, independent, and mid-market advertising agencies, as well as marketers. The company was founded in 1999 and is headquartered in Irvine, California.

Key Stats

• Today's Range: $17.54 to $18.50
• 50-Day Range: $10.41 to $18.22
• 52-Week Range: $5.58 to $18.58
• Volume: 302,341 shs
• Average Volume: 128,766 shs
• Market Capitalization: $1.15 billion
• P/E Ratio: 303.55
• Dividend Yield: N/A
• Price Target: $15.86
• Consensus Rating: Buy

Viant Technology Stock Analysis - MarketRank™

Viant Technology scored higher than 48% of companies evaluated by MarketBeat, and ranked 191st out of 331 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Viant Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Viant Technology has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Viant Technology are expected to grow in the coming year, from ($0.37) to ($0.20) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Viant Technology is 303.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 131.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Viant Technology is 303.55, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 46.32.

Price to Book Value per Share Ratio

Viant Technology has a P/B Ratio of 4.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.45% of the float of Viant Technology has been sold short.

Short Interest Ratio / Days to Cover

Viant Technology has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in Viant Technology has recently decreased by 21.90%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Viant Technology does not currently pay a dividend.

Dividend Growth

Viant Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.45% of the float of Viant Technology has been sold short.

Short Interest Ratio / Days to Cover

Viant Technology has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in Viant Technology has recently decreased by 21.90%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.38

News Sentiment

Viant Technology has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Viant Technology this week, compared to 3 articles on an average week.

Search Interest

Only 3 people have searched for DSP on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

3 people have added Viant Technology to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Viant Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,521,311.00 in company stock.

Percentage Held by Insiders

28.80% of the stock of Viant Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 11.38% of the stock of Viant Technology is held by institutions.

DSP Stock Analysis - Frequently Asked Questions

How have DSP shares performed this year?

Viant Technology's stock was trading at $6.89 at the start of the year. Since then, DSP shares have increased by 164.3% and is now trading at $18.21.
View the best growth stocks for 2024 here.

How were Viant Technology's earnings last quarter?

Viant Technology Inc. (NASDAQ:DSP) posted its quarterly earnings data on Tuesday, November, 9th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by $0.07. The firm had revenue of $34.08 million for the quarter, compared to the consensus estimate of $33.10 million. Viant Technology had a net margin of 0.47% and a negative trailing twelve-month return on equity of 5.67%.

When did Viant Technology IPO?

Viant Technology (DSP) raised $150 million in an initial public offering (IPO) on Wednesday, February 10th 2021. The company issued 7,500,000 shares at $19.00-$21.00 per share. BofA Securities and UBS Investment Bank served as the underwriters for the IPO and Canaccord Genuity, JMP Securities, Needham & Co. and Raymond James were co-managers.

Who are Viant Technology's major shareholders?

Viant Technology's top institutional shareholders include Royce & Associates LP (1.46%), Segall Bryant & Hamill LLC (0.71%), Geode Capital Management LLC (0.58%) and State Street Corp (0.45%). Insiders that own company stock include Larry Madden and Max O Valdes.
View institutional ownership trends.

How do I buy shares of Viant Technology?

Shares of DSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Viant Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Viant Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), Advanced Micro Devices (AMD), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 11/09/2021
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/03/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:DSP
• CUSIP: N/A
• CIK: 1828791
• Web: viantinc.com
• Phone: 949-861-8888
• Fax: N/A
• Employees: 350
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.86
• High Stock Price Target: $18.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: -12.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.06
• Trailing P/E Ratio: 303.55
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-3,440,000.00
• Net Margins: 0.47%
• Pretax Margin: 3.03%
• Return on Equity: -5.67%
• Return on Assets: -3.78%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.77
• Quick Ratio: 2.77

Sales & Book Value

• Annual Sales: $263.59 million
• Price / Sales: 4.37
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.37 per share
• Price / Book: 4.17

Miscellaneous

• Outstanding Shares: 63,199,000
• Free Float: 44,998,000
• Market Cap: $1.15 billion
• Optionable: Optionable
• Beta: 0.72