Viant Technology (DSP) Scheduled to Post Quarterly Earnings on Tuesday

Viant Technology (NASDAQ:DSP) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, April 30th. Viant Technology has set its Q1 2024 guidance at EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Viant Technology (NASDAQ:DSP) last announced its earnings results on Monday, March 4th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.08). Viant Technology had a negative net margin of 1.54% and a negative return on equity of 5.84%. The business had revenue of $42.60 million during the quarter, compared to the consensus estimate of $42.10 million. On average, analysts expect Viant Technology to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Viant Technology Stock Performance

NASDAQ:DSP opened at $8.73 on Tuesday. The firm has a market cap of $548.50 million, a price-to-earnings ratio of -37.96 and a beta of 0.63. The firm’s 50-day simple moving average is $9.57 and its 200 day simple moving average is $7.67. Viant Technology has a 52 week low of $3.75 and a 52 week high of $11.63.

Analysts Set New Price Targets

Several equities analysts have recently commented on DSP shares. Raymond James boosted their target price on shares of Viant Technology from $7.00 to $10.00 and gave the company an “outperform” rating in a research report on Wednesday, January 24th. Canaccord Genuity Group lifted their price target on Viant Technology from $8.00 to $10.00 and gave the company a “hold” rating in a research note on Tuesday, March 5th. Craig Hallum boosted their price target on Viant Technology from $8.00 to $14.00 and gave the stock a “buy” rating in a report on Tuesday, March 5th. UBS Group boosted their target price on Viant Technology from $8.00 to $12.00 and gave the stock a “buy” rating in a research note on Tuesday, March 5th. Finally, Needham & Company LLC upped their price target on shares of Viant Technology from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Tuesday, March 5th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $10.83.

About Viant Technology

Viant Technology Inc operates as an advertising technology company. It provides Household ID, a people-based innovation that combines digital and personal identifiers into a normalized household profile; AI Bid Optimizer, solution that uses AI to analyze historical bid opportunities to predict the lowest media cost for desired advertisement; and Viant Data Platform, which offers marketers control over their own data with actionable insights into their marketing initiatives within a single platform.