DoubleVerify Holdings, Inc. (NYSE:DV) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• DoubleVerify Holdings, Inc. (NYSE:DV) has received a consensus rating of "Moderate Buy" from analysts, with an average 12-month target price of $19.13.
• Institutional investors hold 97.29% of DoubleVerify's stock, with substantial increases in stakes from firms like Vanguard Group and Mackenzie Financial.
• The company reported $0.05 EPS for its latest quarter, missing estimates, but achieved 21.3% revenue growth year-over-year, bringing total revenue to $189.02 million.

Shares of DoubleVerify Holdings, Inc. (NYSE:DV - Get Free Report) have received a consensus rating of "Moderate Buy" from the twenty-two ratings firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $19.1316.

Several research analysts have recently weighed in on DV shares. Craig Hallum reaffirmed a "buy" rating and issued a $20.00 price target on shares of DoubleVerify in a report on Monday, July 7th. BMO Capital Markets reaffirmed an "outperform" rating and issued a $27.00 price target (up previously from $26.00) on shares of DoubleVerify in a report on Wednesday, August 6th. JPMorgan Chase & Co. raised shares of DoubleVerify from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $18.00 to $19.00 in a report on Friday, August 1st. Truist Financial reaffirmed a "buy" rating and issued a $22.00 price target (up previously from $21.00) on shares of DoubleVerify in a report on Thursday, June 12th. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $20.00 price target on shares of DoubleVerify in a report on Tuesday, September 2nd.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in DoubleVerify by 5.6% in the first quarter. Vanguard Group Inc. now owns 18,466,076 shares of the company's stock valued at $246,891,000 after acquiring an additional 984,779 shares during the last quarter. Mackenzie Financial Corp increased its stake in DoubleVerify by 1.6% in the first quarter. Mackenzie Financial Corp now owns 5,752,688 shares of the company's stock valued at $76,913,000 after acquiring an additional 91,405 shares during the last quarter. Burgundy Asset Management Ltd. increased its stake in DoubleVerify by 6.5% in the first quarter. Burgundy Asset Management Ltd. now owns 5,225,968 shares of the company's stock valued at $69,871,000 after acquiring an additional 319,055 shares during the last quarter. Cooper Creek Partners Management LLC bought a new position in shares of DoubleVerify during the second quarter valued at about $38,325,000. Finally, SG Capital Management LLC bought a new position in shares of DoubleVerify during the second quarter valued at about $33,642,000. Institutional investors own 97.29% of the company's stock.

DoubleVerify Trading Down 1.7%

NYSE:DV opened at $15.00 on Monday. The company has a market cap of $2.45 billion, a P/E ratio of 51.71, a P/E/G ratio of 2.24 and a beta of 1.06. The stock's fifty day moving average price is $15.52 and its two-hundred day moving average price is $14.69. DoubleVerify has a 1 year low of $11.52 and a 1 year high of $23.11. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.41 and a quick ratio of 4.41.

DoubleVerify (NYSE:DV - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.01). The firm had revenue of $189.02 million during the quarter, compared to the consensus estimate of $171.14 million. DoubleVerify had a return on equity of 4.86% and a net margin of 7.38%.The company's revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. As a group, analysts expect that DoubleVerify will post 0.36 EPS for the current year.

DoubleVerify Company Profile

DoubleVerify Holdings, Inc provides a software platform for digital media measurement, and data analytics in the United States and internationally. The company provides solutions to advertisers that enable advertisers to increase the effectiveness and quality and return on their digital advertising investments.

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