DoubleVerify Holdings, Inc. (NYSE:DV) Receives $19.13 Average PT from 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.

DoubleVerify Holdings, Inc. (NYSE:DV - Get Free Report) has received an average recommendation of "Moderate Buy" from the twenty-two brokerages that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $19.1316.

A number of analysts recently commented on the stock. Needham & Company LLC reiterated a "buy" rating and issued a $18.00 target price on shares of DoubleVerify in a research note on Thursday, June 12th. Barclays lifted their target price on shares of DoubleVerify from $16.00 to $18.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 6th. Craig Hallum reiterated a "buy" rating and issued a $20.00 target price on shares of DoubleVerify in a research note on Monday, July 7th. Wells Fargo & Company set a $13.00 price objective on shares of DoubleVerify and gave the company an "underweight" rating in a research note on Thursday, June 12th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $20.00 price objective on shares of DoubleVerify in a research note on Tuesday, September 2nd.

Insider Activity at DoubleVerify

In other news, Director Lucy Stamell Dobrin sold 6,392 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $14.51, for a total value of $92,747.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.59% of the stock is owned by company insiders.

Hedge Funds Weigh In On DoubleVerify

Institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System increased its position in shares of DoubleVerify by 0.6% during the second quarter. California State Teachers Retirement System now owns 133,120 shares of the company's stock worth $1,993,000 after purchasing an additional 754 shares in the last quarter. Woodline Partners LP increased its position in shares of DoubleVerify by 2.5% in the 1st quarter. Woodline Partners LP now owns 30,825 shares of the company's stock valued at $412,000 after acquiring an additional 762 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of DoubleVerify by 5.4% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 15,362 shares of the company's stock valued at $230,000 after acquiring an additional 785 shares during the period. Covestor Ltd increased its position in shares of DoubleVerify by 13.9% in the 1st quarter. Covestor Ltd now owns 7,291 shares of the company's stock valued at $97,000 after acquiring an additional 889 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of DoubleVerify by 3.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 34,628 shares of the company's stock valued at $518,000 after acquiring an additional 1,028 shares during the period. 97.29% of the stock is owned by hedge funds and other institutional investors.

DoubleVerify Stock Down 6.7%

NYSE DV traded down $0.93 during trading on Monday, reaching $13.02. 4,463,183 shares of the company's stock traded hands, compared to its average volume of 2,452,880. DoubleVerify has a 12-month low of $11.52 and a 12-month high of $23.11. The firm has a market cap of $2.13 billion, a price-to-earnings ratio of 44.90, a price-to-earnings-growth ratio of 2.08 and a beta of 1.06. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.41 and a quick ratio of 4.41. The company's 50 day simple moving average is $15.42 and its two-hundred day simple moving average is $14.53.

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

About DoubleVerify

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.