Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) was down 24.7% during trading on Monday . The stock traded as low as $0.5572 and last traded at $0.56. Approximately 234,717,199 shares were traded during trading, an increase of 300% from the average daily volume of 58,741,539 shares. The stock had previously closed at $0.7438.
Wall Street Analyst Weigh In
DVLT has been the topic of several recent analyst reports. Wall Street Zen raised Datavault AI from a “strong sell” rating to a “hold” rating in a research note on Saturday, March 21st. Weiss Ratings reiterated a “sell (e+)” rating on shares of Datavault AI in a research note on Friday, April 24th. Finally, Maxim Group lowered their price objective on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Monday, March 30th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $3.00.
Read Our Latest Research Report on Datavault AI
Datavault AI Stock Down 24.7%
Datavault AI (NASDAQ:DVLT – Get Free Report) last posted its quarterly earnings data on Wednesday, March 18th. The company reported $0.53 earnings per share (EPS) for the quarter. The firm had revenue of $33.82 million for the quarter. Datavault AI had a negative net margin of 202.09% and a negative return on equity of 64.06%.
Hedge Funds Weigh In On Datavault AI
A number of hedge funds have recently bought and sold shares of DVLT. State Street Corp boosted its holdings in Datavault AI by 51,505.4% during the 4th quarter. State Street Corp now owns 10,064,089 shares of the company’s stock worth $6,563,000 after acquiring an additional 10,044,587 shares during the last quarter. Jane Street Group LLC purchased a new position in Datavault AI during the 4th quarter worth $2,923,000. Anson Funds Management LP purchased a new position in Datavault AI during the 3rd quarter worth $3,218,000. Vanguard Group Inc. purchased a new position in Datavault AI during the 3rd quarter worth $1,294,000. Finally, XTX Topco Ltd purchased a new position in Datavault AI during the 4th quarter worth $290,000. 0.66% of the stock is owned by hedge funds and other institutional investors.
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.
Further Reading
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