DoubleVerify's (DV) "Sell (D+)" Rating Reaffirmed at Weiss Ratings

Key Points

• Weiss Ratings reaffirmed a "sell (D+)" rating for DoubleVerify (DV), signaling continued bearish sentiment towards the stock amidst a mixed reception from other analysts.
• Despite the negative outlook from Weiss, several firms have issued price target increases for DV, with JPMorgan boosting its target from $18.00 to $19.00 following an upgrade to "overweight."
• DoubleVerify's recent stock performance shows trading at $11.27, with a market cap of $1.84 billion and a significant year-over-year revenue increase of 21.3% despite a slight earnings miss for the last quarter.

DoubleVerify (NYSE:DV - Get Free Report)'s stock had its "sell (d+)" rating reaffirmed by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Several other research analysts also recently issued reports on DV. Morgan Stanley boosted their price objective on shares of DoubleVerify from $17.00 to $18.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 6th. JMP Securities restated a "market outperform" rating and set a $20.00 price objective on shares of DoubleVerify in a report on Tuesday, September 2nd. Barclays boosted their price objective on shares of DoubleVerify from $16.00 to $18.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. JPMorgan Chase & Co. upgraded shares of DoubleVerify from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $18.00 to $19.00 in a report on Friday, August 1st. Finally, BMO Capital Markets restated an "outperform" rating and set a $27.00 price objective (up previously from $26.00) on shares of DoubleVerify in a report on Wednesday, August 6th. Fourteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $19.13.

DoubleVerify Stock Performance

DoubleVerify stock traded up $0.05 on Wednesday, reaching $11.27. 3,521,426 shares of the stock were exchanged, compared to its average volume of 4,594,185. The stock has a market cap of $1.84 billion, a PE ratio of 38.86, a PEG ratio of 1.68 and a beta of 0.99. The company has a current ratio of 4.41, a quick ratio of 4.41 and a debt-to-equity ratio of 0.01. DoubleVerify has a twelve month low of $10.98 and a twelve month high of $23.11. The firm has a fifty day moving average price of $14.20 and a two-hundred day moving average price of $14.11.

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 analysts' consensus estimates of $0.06 by ($0.01). The firm had revenue of $189.02 million for the quarter, compared to analyst estimates of $171.14 million. DoubleVerify had a return on equity of 4.86% and a net margin of 7.38%.The firm's revenue was up 21.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that DoubleVerify will post 0.36 EPS for the current year.

Insiders Place Their Bets

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

Institutional Trading of DoubleVerify

Several hedge funds and other institutional investors have recently bought and sold shares of DV. Cooper Creek Partners Management LLC acquired a new stake in DoubleVerify in the 2nd quarter worth about $38,325,000. SG Capital Management LLC acquired a new stake in DoubleVerify in the 2nd quarter worth about $33,642,000. Sunriver Management LLC acquired a new stake in DoubleVerify in the 1st quarter worth about $22,485,000. Federated Hermes Inc. raised its stake in DoubleVerify by 17,284.0% in the 1st quarter. Federated Hermes Inc. now owns 1,663,821 shares of the company's stock worth $22,245,000 after purchasing an additional 1,654,250 shares in the last quarter. Finally, Norges Bank acquired a new stake in DoubleVerify in the 2nd quarter worth about $23,640,000. Institutional investors and hedge funds own 97.29% of the company's stock.

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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