DoubleVerify (NYSE:DV) Given "Sell (D+)" Rating at Weiss Ratings

Key Points

• DoubleVerify has been given a "sell (D+)" rating by Weiss Ratings, while other analysts maintain a generally favorable outlook, with Barclays increasing their price target to $18 from $16.
• The stock has a consensus rating of "Moderate Buy" with an average price target of $18.67, indicating differing opinions on its future performance.
• Despite missing earnings expectations, DoubleVerify reported a revenue increase of 21.3% year-over-year, demonstrating strong growth in the digital media measurement sector.

DoubleVerify (NYSE:DV - Get Free Report)'s stock had its "sell (d+)" rating reiterated by analysts at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

Other equities analysts also recently issued research reports about the company. Barclays upped their price objective on DoubleVerify from $16.00 to $18.00 and gave the company an "overweight" rating in a research report on Wednesday, August 6th. JMP Securities reaffirmed a "market outperform" rating and issued a $20.00 price objective on shares of DoubleVerify in a research report on Tuesday, September 2nd. JPMorgan Chase & Co. raised DoubleVerify from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $18.00 to $19.00 in a research report on Friday, August 1st. Craig Hallum reaffirmed a "buy" rating and issued a $20.00 price objective on shares of DoubleVerify in a research report on Monday, July 7th. Finally, Morgan Stanley cut their price objective on DoubleVerify from $18.00 to $16.50 and set an "equal weight" rating on the stock in a research report on Monday. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $18.67.

DoubleVerify Stock Performance

NYSE DV opened at $12.12 on Friday. The company has a market cap of $1.98 billion, a P/E ratio of 41.80, a P/E/G ratio of 1.80 and a beta of 0.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.41 and a current ratio of 4.41. The business's 50 day moving average price is $13.25 and its 200-day moving average price is $13.95. DoubleVerify has a fifty-two week low of $10.73 and a fifty-two week high of $23.11.

DoubleVerify (NYSE:DV - Get Free Report) last released its 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 company had revenue of $189.02 million for the quarter, compared to the consensus estimate of $171.14 million. DoubleVerify had a net margin of 7.38% and a return on equity of 4.86%. The business's revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. Sell-side analysts predict that DoubleVerify will post 0.36 earnings per share for the current year.

Insider Buying and Selling at DoubleVerify

In other DoubleVerify news, insider Andrew E. Grimmig sold 4,096 shares of the company's stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $12.99, for a total value of $53,207.04. Following the completion of the sale, the insider directly owned 96,301 shares in the company, valued at approximately $1,250,949.99. This represents a 4.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Lucy Stamell Dobrin sold 6,392 shares of the company's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $14.51, for a total value of $92,747.92. The disclosure for this sale can be found here. 3.59% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On DoubleVerify

A number of hedge funds have recently made changes to their positions in the stock. California State Teachers Retirement System lifted its stake in shares of DoubleVerify by 0.6% during the 2nd 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 during the last quarter. Woodline Partners LP lifted its stake in shares of DoubleVerify by 2.5% during the 1st quarter. Woodline Partners LP now owns 30,825 shares of the company's stock worth $412,000 after purchasing an additional 762 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of DoubleVerify by 5.4% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 15,362 shares of the company's stock worth $230,000 after purchasing an additional 785 shares during the last quarter. Covestor Ltd lifted its stake in shares of DoubleVerify by 13.9% during the 1st quarter. Covestor Ltd now owns 7,291 shares of the company's stock worth $97,000 after purchasing an additional 889 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of DoubleVerify by 3.1% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 34,628 shares of the company's stock worth $518,000 after purchasing an additional 1,028 shares during the last quarter. 97.29% of the stock is currently owned by hedge funds and other institutional investors.

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.

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