William Blair Comments on DoubleVerify Q3 Earnings

DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) - Research analysts at William Blair issued their Q3 2026 earnings per share estimates for DoubleVerify in a note issued to investors on Thursday, June 12th. William Blair analyst A. Bhatia forecasts that the company will post earnings per share of $0.21 for the quarter. The consensus estimate for DoubleVerify's current full-year earnings is $0.36 per share.

DoubleVerify (NYSE:DV - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). The business had revenue of $165.06 million for the quarter, compared to the consensus estimate of $153.07 million. DoubleVerify had a return on equity of 5.99% and a net margin of 10.33%. DoubleVerify's revenue was up 17.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.04 earnings per share.

Several other research analysts have also recently commented on the company. Loop Capital cut DoubleVerify from a "buy" rating to a "hold" rating and reduced their price target for the company from $24.00 to $16.00 in a research report on Tuesday, March 4th. The Goldman Sachs Group cut their price objective on DoubleVerify from $20.00 to $15.50 and set a "neutral" rating for the company in a report on Monday, April 14th. Raymond James lowered their target price on shares of DoubleVerify from $22.00 to $16.00 and set an "outperform" rating on the stock in a report on Monday, May 5th. Canaccord Genuity Group dropped their price target on shares of DoubleVerify from $26.00 to $24.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. Finally, Robert W. Baird reissued a "neutral" rating and issued a $14.00 price objective (down previously from $20.00) on shares of DoubleVerify in a research report on Friday, March 28th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $18.86.

DoubleVerify Price Performance

DoubleVerify stock opened at $14.48 on Monday. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 39.14, a P/E/G ratio of 2.63 and a beta of 1.03. The firm has a 50-day moving average of $13.57 and a 200-day moving average of $16.85. DoubleVerify has a one year low of $11.52 and a one year high of $23.11.

Institutional Trading of DoubleVerify

Institutional investors have recently added to or reduced their stakes in the company. Burgundy Asset Management Ltd. lifted its holdings in shares of DoubleVerify by 73.2% during the fourth quarter. Burgundy Asset Management Ltd. now owns 4,906,913 shares of the company's stock worth $94,262,000 after buying an additional 2,073,279 shares in the last quarter. Norges Bank acquired a new stake in DoubleVerify in the 4th quarter worth about $33,957,000. Sunriver Management LLC bought a new stake in DoubleVerify in the 1st quarter valued at about $22,485,000. Federated Hermes Inc. boosted its holdings in DoubleVerify by 17,284.0% in the 1st quarter. Federated Hermes Inc. now owns 1,663,821 shares of the company's stock valued at $22,245,000 after purchasing an additional 1,654,250 shares during the period. Finally, BNP Paribas Financial Markets acquired a new position in shares of DoubleVerify during the 4th quarter worth approximately $31,579,000. 97.29% of the stock is currently owned by institutional investors.

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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