Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) was up 6.6% on Wednesday . The company traded as high as $0.7734 and last traded at $0.7677. Approximately 28,073,631 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 59,622,824 shares. The stock had previously closed at $0.72.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on DVLT shares. Wall Street Zen upgraded shares of Datavault AI from a “strong sell” rating to a “hold” rating in a research report on Saturday, March 21st. Weiss Ratings reiterated a “sell (e+)” rating on shares of Datavault AI in a research report on Monday, December 29th. Finally, Maxim Group dropped their price target on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a research report on Monday, March 30th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $3.00.
Read Our Latest Research Report on DVLT
Datavault AI Trading Down 1.2%
Datavault AI (NASDAQ:DVLT – Get Free Report) last issued its quarterly earnings data on Wednesday, March 18th. The company reported $0.53 earnings per share for the quarter. Datavault AI had a negative net margin of 202.09% and a negative return on equity of 64.06%. The company had revenue of $33.82 million for the quarter.
Hedge Funds Weigh In On Datavault AI
Hedge funds and other institutional investors have recently bought and sold shares of the company. Stonebridge Capital Advisors LLC lifted its holdings in Datavault AI by 175.0% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 55,000 shares of the company’s stock valued at $36,000 after buying an additional 35,000 shares during the period. OMERS ADMINISTRATION Corp acquired a new position in Datavault AI in the fourth quarter valued at $42,000. Prelude Capital Management LLC acquired a new position in Datavault AI in the third quarter valued at $43,000. Clear Creek Financial Management LLC acquired a new position in Datavault AI in the fourth quarter valued at $44,000. Finally, Cerity Partners LLC acquired a new position in Datavault AI in the fourth quarter valued at $45,000. Institutional investors and hedge funds own 0.66% of the company’s stock.
About Datavault AI
Datavault AI Inc, a data sciences technology company, owns and operates data management and supercomputer platforms. It offers data technology and software solutions. The company was formerly known as WiSA Technologies, Inc and changed its name to Datavault AI Inc in February 2025. Datavault AI Inc was incorporated in 2010 and is headquartered in Beaverton, Oregon.
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