Datavault AI (NASDAQ:DVLT) Shares Up 28.4% - Still a Buy?

Key Points

• Datavault AI's stock surged 28.4% on Thursday, reaching a high of $1.07, with trading volume increasing significantly to over 347 million shares compared to its average of 9.8 million shares.
• Following the surge, Maxim Group upgraded the stock from "hold" to "strong-buy," setting a target price of $3.00, while analysts on average predict a target price of $7.00.
• In its latest earnings report, Datavault AI reported (($0.54) earnings per share with a revenue of $1.74 million, indicating significant financial challenges indicated by a negative net margin of over 1,309%.

Datavault AI Inc. (NASDAQ:DVLT - Get Free Report)'s stock price shot up 28.4% during trading on Thursday . The company traded as high as $1.07 and last traded at $0.83. 347,634,668 shares were traded during mid-day trading, an increase of 3,419% from the average session volume of 9,878,238 shares. The stock had previously closed at $0.65.

Wall Street Analyst Weigh In

Separately, Maxim Group raised shares of Datavault AI from a "hold" rating to a "strong-buy" rating and set a $3.00 target price for the company in a research report on Thursday, June 12th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Strong Buy" and an average target price of $7.00.

Datavault AI Stock Up 29.7%

The business's 50-day moving average price is $0.46 and its 200-day moving average price is $0.68. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.30 and a current ratio of 0.47.

Datavault AI (NASDAQ:DVLT - Get Free Report) last issued its quarterly earnings data on Tuesday, August 19th. The company reported ($0.54) earnings per share (EPS) for the quarter. Datavault AI had a negative net margin of 1,309.82% and a negative return on equity of 94.61%. The business had revenue of $1.74 million for the quarter. On average, sell-side analysts forecast that Datavault AI Inc. will post -13.02 earnings per share for the current fiscal year.

Insider Buying and Selling at Datavault AI

In related news, insider Brett Moyer sold 130,754 shares of Datavault AI stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $0.40, for a total transaction of $52,301.60. Following the transaction, the insider owned 1,117,665 shares in the company, valued at approximately $447,066. The trade was a 10.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 18.57% of the company's stock.

Datavault AI Company Profile

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.

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