Viant Technology (NASDAQ:DSP – Get Free Report) had its price objective hoisted by equities research analysts at DA Davidson from $16.50 to $17.50 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. DA Davidson’s price target would indicate a potential upside of 32.98% from the stock’s current price.
Several other brokerages also recently commented on DSP. Rosenblatt Securities increased their price objective on shares of Viant Technology from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday. Wall Street Zen lowered Viant Technology from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings upgraded shares of Viant Technology from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday. B. Riley Financial raised their target price on Viant Technology from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Finally, Citigroup reissued a “market outperform” rating on shares of Viant Technology in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Viant Technology currently has a consensus rating of “Buy” and an average target price of $18.86.
Check Out Our Latest Stock Report on Viant Technology
Viant Technology Stock Performance
Viant Technology (NASDAQ:DSP – Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.03 by $0.09. Viant Technology had a net margin of 2.51% and a return on equity of 2.40%. The business had revenue of $104.25 million during the quarter, compared to analyst estimates of $59.65 million. On average, equities research analysts forecast that Viant Technology will post -0.19 EPS for the current year.
Insider Transactions at Viant Technology
In other news, major shareholder Capital V. Llc sold 7,500 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $10.96, for a total transaction of $82,200.00. Following the sale, the insider directly owned 37,500 shares in the company, valued at approximately $411,000. This represents a 16.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Larry Madden sold 2,814 shares of the stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $10.69, for a total transaction of $30,081.66. Following the completion of the transaction, the chief financial officer directly owned 425,822 shares of the company’s stock, valued at approximately $4,552,037.18. The trade was a 0.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 167,853 shares of company stock worth $1,947,895 in the last three months. Insiders own 29.43% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. increased its position in Viant Technology by 86.9% during the fourth quarter. Russell Investments Group Ltd. now owns 2,641 shares of the company’s stock valued at $32,000 after acquiring an additional 1,228 shares during the last quarter. CWM LLC grew its holdings in Viant Technology by 431.0% during the 4th quarter. CWM LLC now owns 2,793 shares of the company’s stock valued at $34,000 after purchasing an additional 2,267 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Viant Technology by 620.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,883 shares of the company’s stock valued at $35,000 after purchasing an additional 2,483 shares during the last quarter. Versant Capital Management Inc raised its holdings in shares of Viant Technology by 202.3% in the second quarter. Versant Capital Management Inc now owns 2,772 shares of the company’s stock worth $35,000 after buying an additional 1,855 shares during the period. Finally, State of Alaska Department of Revenue bought a new stake in shares of Viant Technology during the fourth quarter worth $64,000. 11.38% of the stock is owned by hedge funds and other institutional investors.
Viant Technology News Roundup
Here are the key news stories impacting Viant Technology this week:
- Positive Sentiment: Strong Q2 operating performance: Viant reported second-quarter revenue of $104.25 million and adjusted earnings of $0.12 per share. Revenue substantially exceeded the $59.65 million analyst estimate, while EPS surpassed the company-related consensus estimate of $0.03. Management described the quarter as a record period, with results above the high end of its guidance range and continued momentum from its AI-powered programmatic advertising platform. Viant Technology Announces Second Quarter 2026 Financial Results
- Positive Sentiment: Analysts raised targets: Rosenblatt Securities increased its price target from $20 to $24 and maintained a “buy” rating. Citizens JMP raised its target from $16 to $17 and assigned a “market outperform” rating, signaling confidence in Viant’s growth outlook. Analyst price target updates
- Neutral Sentiment: Board appointment: Viant elected Craig Abrahams to its board of directors. The appointment may add financial and operational experience, but the immediate effect on earnings and valuation is unclear. Viant Appoints Craig Abrahams to Board of Directors
- Neutral Sentiment: Earnings call available: Investors are reviewing management’s Q2 FY2026 earnings call for additional details on AI adoption, advertising demand, margins and the growth outlook. Viant Technology Q2 FY2026 earnings call transcript
- Negative Sentiment: Mixed earnings comparison: Zacks reported that Q2 EPS of $0.12 missed its consensus estimate of $0.13, despite increasing from $0.09 a year earlier. This may have contributed to profit-taking following the results. Viant Technology Misses Q2 Earnings Estimates
- Negative Sentiment: Q3 revenue outlook modestly cautious: Viant guided for third-quarter revenue of $107.5 million to $110.5 million, with the midpoint slightly below the $110 million consensus estimate. The lack of an EPS forecast and the mildly underwhelming revenue outlook may be weighing on the stock.
Viant Technology Company Profile
Viant Technology Inc (Nasdaq: DSP) is a software-as-a-service (SaaS) advertising technology company that delivers data-driven solutions to marketers and agencies. Its core offering, Adelphic, is a programmatic demand-side platform (DSP) that empowers clients to plan, execute and optimize digital ad campaigns across desktop, mobile, connected TV and other emerging channels.
Complementing its DSP, Viant offers PeopleCloud, a people-based data management platform (DMP) that aggregates and normalizes first- and third-party audience data.
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