Maxim Group upgraded shares of Datavault AI (NASDAQ:DVLT - Free Report) from a hold rating to a strong-buy rating in a research report report published on Thursday morning, MarketBeat.com reports. Maxim Group currently has $3.00 price objective on the stock.
Datavault AI Trading Down 5.1%
Shares of DVLT traded down $0.04 during mid-day trading on Thursday, reaching $0.79. 355,588 shares of the company's stock were exchanged, compared to its average volume of 994,011. The stock's fifty day simple moving average is $0.81. Datavault AI has a 52-week low of $0.60 and a 52-week high of $3.34.
Datavault AI (NASDAQ:DVLT - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The company reported ($0.18) earnings per share for the quarter. Datavault AI had a negative net margin of 2,345.48% and a negative return on equity of 1,953.50%. The firm had revenue of $0.63 million during the quarter. As a group, equities research analysts forecast that Datavault AI will post -13.02 EPS for the current fiscal year.
Hedge Funds Weigh In On Datavault AI
An institutional investor recently bought a new position in Datavault AI stock. Raymond James Financial Inc. acquired a new stake in Datavault AI Inc. (NASDAQ:DVLT - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 17,647 shares of the company's stock, valued at approximately $36,000. 0.66% of the stock is owned by hedge funds and other institutional investors.
About Datavault AI
(
Get Free Report)
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.
Read More
Before you consider Datavault AI, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Datavault AI wasn't on the list.
While Datavault AI currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
