In last trading session, Viant Technology Inc (NASDAQ:DSP) saw 0.63 million shares changing hands with its beta currently measuring 1.26. Company’s recent per share price level of $12.24 trading at $0.29 or 2.38% at ring of the bell on the day assigns it a market valuation of $772.44M. That closing price of DSP’s stock is at a discount of -115.11% from its 52-week high price of $26.33 and is indicating a premium of 36.52% from its 52-week low price of $7.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.87 million shares which gives us an average trading volume of 384.43K if we extend that period to 3-months.
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 0.01 in the current quarter.
Viant Technology Inc (NASDAQ:DSP) trade information
Upright in the green during last session for gaining 2.38%, in the last five days DSP remained trading in the red while hitting it’s week-highest on Monday, 03/10/25 when the stock touched $12.24 price level, adding 14.53% to its value on the day. Viant Technology Inc’s shares saw a change of -35.55% in year-to-date performance and have moved -16.56% in past 5-day. Viant Technology Inc (NASDAQ:DSP) showed a performance of -52.83% in past 30-days. Number of shares sold short was 0.7 million shares which calculate 1.81 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a rise of 44.36% 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 27. It follows that stock’s current price would drop -47.06% in reaching the projected high whereas dropping to the targeted low would mean a loss of -47.06% for stock’s current value.
Viant Technology Inc (DSP) estimates and forecasts
This year revenue growth is estimated to rise 16.36% 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 67.11M for the same. And 7 analysts are in estimates of company making revenue of 78.4M in the next quarter. Company posted 53.39M and 65.87M 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 -23.76% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 4.85% while estimates for its earnings growth in next 5 years are of 13.61%.
Viant Technology Inc (NASDAQ:DSP)’s Major holders
Insiders are in possession of 6.17% of company’s total shares while institution are holding 61.10 percent of that, with stock having share float percentage of 65.12%. Investors also watch the number of corporate investors in a company very closely, which is 61.10% institutions for Viant Technology Inc that are currently holding shares of the company. 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, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 480.66 shares of worth $5.88 million or 2.94% of the total outstanding shares. The later fund manager was in possession of 431.13 shares on Dec 31, 2024 , making its stake of worth around $5.28 million in the company or a holder of 2.64% of company’s stock.
