DA Davidson Boosts Viant Technology (NASDAQ:DSP) Price Target to $17.50

Key Points

• DA Davidson raised Viant Technology’s price target to $17.50 from $16.50 and maintained a “buy” rating, implying nearly 33% upside from the current price. The broader analyst consensus remains “Buy,” with an average target of $18.86.
• Viant reported quarterly revenue of $104.25 million and EPS of $0.12, exceeding the estimates cited in the report of $59.65 million in revenue and $0.03 EPS. However, shares fell 6.6% to $13.16, while third-quarter revenue guidance was slightly below consensus.
• Analyst sentiment is broadly positive: Rosenblatt raised its target to $24, B. Riley to $18, and Citizens JMP to $17. Insiders sold 167,853 shares worth about $1.95 million over the past three months.

Viant Technology (NASDAQ:DSP - Get Free Report) had its price objective increased by DA Davidson from $16.50 to $17.50 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a "buy" rating on the stock. DA Davidson's target price suggests a potential upside of 32.98% from the company's current price.

A number of other brokerages also recently weighed in on DSP. B. Riley Financial boosted their target price on Viant Technology from $17.00 to $18.00 and gave the stock a "buy" rating in a research note on Tuesday, May 12th. Weiss Ratings upgraded Viant Technology from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday. Citigroup reissued a "market outperform" rating on shares of Viant Technology in a research report on Tuesday. Rosenblatt Securities lifted their target price on Viant Technology from $20.00 to $24.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, Citizens Jmp boosted their price target on shares of Viant Technology from $16.00 to $17.00 and gave the stock a "market outperform" rating in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $18.86.

Viant Technology Trading Down 6.6%

Viant Technology stock traded down $0.93 during trading on Tuesday, hitting $13.16. 469,270 shares of the company were exchanged, compared to its average volume of 244,192. The company has a market capitalization of $862.37 million, a P/E ratio of 36.82 and a beta of 1.08. The business's 50 day moving average is $12.05 and its 200 day moving average is $11.33. Viant Technology has a 52 week low of $8.11 and a 52 week high of $14.80.

Viant Technology (NASDAQ:DSP - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.09. Viant Technology had a net margin of 2.51% and a return on equity of 2.40%. The firm had revenue of $104.25 million during the quarter, compared to analyst estimates of $59.65 million. Equities analysts expect that Viant Technology will post -0.19 EPS for the current year.

Insider Buying and Selling at Viant Technology

In related news, COO Christopher Vanderhook sold 2,500 shares of the company's stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $10.96, for a total transaction of $27,400.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Larry Madden sold 2,814 shares of Viant Technology stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $10.69, for a total transaction of $30,081.66. Following the completion of the transaction, the chief financial officer owned 425,822 shares of the company's stock, valued at $4,552,037.18. This represents a 0.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 167,853 shares of company stock valued at $1,947,895 over the last three months. 29.43% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Viant Technology

A number of institutional investors and hedge funds have recently modified their holdings of DSP. Russell Investments Group Ltd. increased its holdings in Viant Technology by 86.9% during the 4th quarter. Russell Investments Group Ltd. now owns 2,641 shares of the company's stock worth $32,000 after acquiring an additional 1,228 shares during the period. CWM LLC lifted its position in Viant Technology by 431.0% in the 4th quarter. CWM LLC now owns 2,793 shares of the company's stock worth $34,000 after buying an additional 2,267 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in Viant Technology by 620.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,883 shares of the company's stock valued at $35,000 after acquiring an additional 2,483 shares during the last quarter. Versant Capital Management Inc grew its position in Viant Technology by 202.3% during the second quarter. Versant Capital Management Inc now owns 2,772 shares of the company's stock valued at $35,000 after acquiring an additional 1,855 shares during the last quarter. Finally, State of Alaska Department of Revenue purchased a new position in shares of Viant Technology during the fourth quarter worth approximately $64,000. 11.38% of the stock is owned by hedge funds and other institutional investors.

Key Viant Technology News

Here are the key news stories impacting Viant Technology this week:

• Positive Sentiment: Strong Q2 operating performance: Viant reported second-quarter revenue of $104.25 million and adjusted earnings of $0.12 per share. Revenue substantially exceeded the $59.65 million analyst estimate, while EPS surpassed the company-related consensus estimate of $0.03. Management described the quarter as a record period, with results above the high end of its guidance range and continued momentum from its AI-powered programmatic advertising platform. Viant Technology Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Analysts raised targets: Rosenblatt Securities increased its price target from $20 to $24 and maintained a “buy” rating. Citizens JMP raised its target from $16 to $17 and assigned a “market outperform” rating, signaling confidence in Viant’s growth outlook. Analyst price target updates
• Neutral Sentiment: Board appointment: Viant elected Craig Abrahams to its board of directors. The appointment may add financial and operational experience, but the immediate effect on earnings and valuation is unclear. Viant Appoints Craig Abrahams to Board of Directors
• Neutral Sentiment: Earnings call available: Investors are reviewing management’s Q2 FY2026 earnings call for additional details on AI adoption, advertising demand, margins and the growth outlook. Viant Technology Q2 FY2026 earnings call transcript
• Negative Sentiment: Mixed earnings comparison: Zacks reported that Q2 EPS of $0.12 missed its consensus estimate of $0.13, despite increasing from $0.09 a year earlier. This may have contributed to profit-taking following the results. Viant Technology Misses Q2 Earnings Estimates
• Negative Sentiment: Q3 revenue outlook modestly cautious: Viant guided for third-quarter revenue of $107.5 million to $110.5 million, with the midpoint slightly below the $110 million consensus estimate. The lack of an EPS forecast and the mildly underwhelming revenue outlook may be weighing on the stock.

Viant Technology Company Profile

Viant Technology Inc Nasdaq: DSP is a software-as-a-service (SaaS) advertising technology company that delivers data-driven solutions to marketers and agencies. Its core offering, Adelphic, is a programmatic demand-side platform (DSP) that empowers clients to plan, execute and optimize digital ad campaigns across desktop, mobile, connected TV and other emerging channels.

Complementing its DSP, Viant offers PeopleCloud, a people-based data management platform (DMP) that aggregates and normalizes first- and third-party audience data.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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