Viant Technology (DSP) Projected to Post Quarterly Earnings on Tuesday

Viant Technology (NASDAQ:DSP) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $67.11 million for the quarter.

Viant Technology Trading Up 1.0 %

DSP stock opened at $14.54 on Friday. The company has a market capitalization of $917.10 million, a price-to-earnings ratio of 242.37 and a beta of 1.21. The firm’s 50-day moving average is $13.71 and its two-hundred day moving average is $16.86. Viant Technology has a 52 week low of $8.29 and a 52 week high of $26.33.

Insider Buying and Selling

In other news, CFO Larry Madden sold 14,284 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $23.12, for a total transaction of $330,246.08. Following the completion of the sale, the chief financial officer now owns 344,340 shares in the company, valued at $7,961,140.80. The trade was a 3.98 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 28.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

DSP has been the topic of several research analyst reports. Raymond James decreased their price target on shares of Viant Technology from $27.00 to $18.00 and set an “outperform” rating on the stock in a research report on Friday, April 11th. JMP Securities boosted their price target on Viant Technology from $17.00 to $24.00 and gave the company a “market outperform” rating in a research note on Monday, January 27th. Needham & Company LLC reiterated a “buy” rating and issued a $21.00 price objective on shares of Viant Technology in a research report on Wednesday, April 2nd. Finally, Rosenblatt Securities began coverage on Viant Technology in a report on Tuesday, April 29th. They set a “buy” rating and a $20.00 price objective on the stock. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $21.00.

About Viant Technology

Viant Technology Inc operates as an advertising technology company. It provides Household ID, a people-based innovation that combines digital and personal identifiers into a normalized household profile; AI Bid Optimizer, solution that uses AI to analyze historical bid opportunities to predict the lowest media cost for desired advertisement; and Viant Data Platform, which offers marketers control over their own data with actionable insights into their marketing initiatives within a single platform.