Viant Technology Inc (NASDAQ:DSP) Price Forecast For The Next 12 Months Is Set At 22.

IPW

In last trading session, Viant Technology Inc (NASDAQ:DSP) saw 0.33 million shares changing hands with its beta currently measuring 1.01. Company’s recent per share price level of $21.01 trading at -$1.27 or -5.70% at ring of the bell on the day assigns it a market valuation of $1.32B. That closing price of DSP’s stock is at a discount of -25.32% from its 52-week high price of $26.33 and is indicating a premium of 63.02% from its 52-week low price of $7.77.

For Viant Technology Inc (DSP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.14. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.21 in the current quarter.

Viant Technology Inc (NASDAQ:DSP) trade information

Upright in the red during last session for losing -5.70%, in the last five days DSP remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $21.01 price level, adding 11.05% to its value on the day. Viant Technology Inc’s shares saw a change of 10.64% in year-to-date performance and have moved -11.31% in past 5-day. Viant Technology Inc (NASDAQ:DSP) showed a performance of 4.27% in past 30-days.

Wall Street analysts have assigned a consensus price target of 20 to the stock, which implies a fall of -5.05% to its current value. Analysts have been projecting 18 as a low price target for the stock while placing it at a high target of 22. It follows that stock’s current price would jump 14.33% in reaching the projected high whereas dropping to the targeted low would mean a gain of 14.33% for stock’s current value.

Viant Technology Inc (DSP) estimates and forecasts

This year revenue growth is estimated to rise 27.04% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 83.97M for the same. And 6 analysts are in estimates of company making revenue of 63.09M in the next quarter. Company posted 64.41M and 53.39M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 33.87% during past 5 years.

Viant Technology Inc (NASDAQ:DSP)’s Major holders

BLACKROCK INC. is the top institutional holder at DSP for having 1.11 million shares of worth $10.91 million. And as of 2024-06-30, it was holding 6.9336 of the company’s outstanding shares.

The second largest institutional holder is ROYCE & ASSOCIATES LP, which was holding about 0.98 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.9217 of outstanding shares, having a total worth of $9.63 million.

On the other hand, Royce Small-Cap Opportunity Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 536.92 shares of worth $11.28 million or 3.35% of the total outstanding shares. The later fund manager was in possession of 487.31 shares on Sep 30, 2024 , making its stake of worth around $10.24 million in the company or a holder of 3.04% of company’s stock.