From what 7 stock analysts predict, the share price for Viant Technology Inc. (DSP) might decrease by 0.32% in the next year. This is based on a 12-month average estimation for DSP. Price targets go from $17 to $27. The majority of stock analysts believe DSP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Viant Technology Inc. has a total of 7 Wall St Analyst ratings. There are 7 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Viant Technology Inc. will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of DSP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Nat Schindler Scotiabank | Sector Outperform | $27 | Initiates | Dec 5, 2024 |
Maria Ripps Canaccord Genuity | Buy | $22 | Maintains | Dec 2, 2024 |
Craig-Hallum | Buy | Maintains | Nov 13, 2024 | |
JMP Securities | Market Outperform | Maintains | Nov 13, 2024 | |
Needham | Buy | Maintains | Nov 13, 2024 | |
Canaccord Genuity | Buy | Upgrade | Nov 13, 2024 | |
Maria Ripps Canaccord Genuity | Hold | $13 | Maintains | Oct 18, 2024 |
Maria Ripps Canaccord Genuity | Hold | $11 | Maintains | Aug 13, 2024 |
Laura Martin Needham | Buy | $12 | Reiterates | Aug 13, 2024 |
Laura Martin Needham | Buy | $12 | Reiterates | May 20, 2024 |
Laura Martin Needham | Buy | $12 | Reiterates | May 1, 2024 |
Lloyd Walmsley UBS | Buy | $12 | Maintains | Mar 5, 2024 |
Laura Martin Needham | Buy | $12 | Maintains | Mar 5, 2024 |
Jason Kreyer Craig-Hallum | Buy | $14 | Maintains | Mar 5, 2024 |
Maria Ripps Canaccord Genuity | Hold | $10 | Maintains | Mar 5, 2024 |
Andrew Marok Raymond James | Outperform | $10 | Maintains | Jan 24, 2024 |
Laura Martin Needham | Buy | $10 | Maintains | Jan 23, 2024 |
Laura Martin Needham | Buy | $7.5 | Reiterates | Nov 7, 2023 |
Lloyd Walmsley UBS | Buy | $7 | Maintains | Nov 2, 2023 |
Andrew Marok Raymond James | Outperform | $7 | Upgrade | Oct 31, 2023 |
When did it IPO
N/A
Staff Count
346
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Mr. Tim Vanderhook
Market Cap
$1.28B
In 2023, DSP generated $222.9M in revenue, which was a increase of 13.07% from the previous year. This can be seen as a signal that DSP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Viant Technology Inc. will present at the UBS Global Technology and AI Conference on December 3, 2024, and at the Wolfe Research Small and Midcap Conference on December 4, 2024.
Why It Matters - Management presentations at investor conferences can signal strategic direction and growth prospects, potentially influencing stock performance and investor sentiment for Viant Technology.
Summary - Viant Technology Inc. launched a Certified Partner Program aimed at enhancing data performance and transparency in its demand-side platform (DSP).
Why It Matters - Viant's Certified Partner Program enhances data performance and transparency, potentially boosting ad effectiveness and attracting more clients, which could lead to increased revenue and stock value.
Summary - Viant Technology has expanded its agreement with Disney Advertising to enhance the addressability and biddability of premium inventory for advertisers.
Why It Matters - The expanded agreement with Disney enhances Viant's ad capabilities, potentially increasing revenue streams and market competitiveness, which could positively impact stock performance and investor sentiment.
Summary - Viant Technology Inc. will hold its Q3 2024 Earnings Conference Call on November 12, 2024, at 5:00 PM ET with key executives participating.
Why It Matters - Viant Technology's Q3 earnings call provides insights into financial performance and strategic direction, critical for assessing growth potential and investment risks.
Summary - Viant (NASDAQ: DSP) has acquired IRIS.TV, a global content data platform for CTV, enhancing its capabilities in AI-powered programmatic advertising.
Why It Matters - Viant's acquisition of IRIS.TV enhances its AI capabilities in programmatic advertising, potentially increasing market share and revenue in the growing CTV sector, impacting investor outlook positively.
Summary - Viant Technology Inc. reported strong Q3 2024 results, with revenue and adjusted EBITDA exceeding guidance. Advertiser spending on its platform reached a new record for the second consecutive quarter.
Why It Matters - Viant's strong Q3 results and record advertiser spending signal robust growth and demand for its AI-driven advertising solutions, potentially enhancing investor confidence and stock performance.