Shares of Viant Technology Inc. (NASDAQ:DSP – Get Rating) have earned a consensus rating of "Hold" from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $6.71.
DSP has been the topic of several research analyst reports. Canaccord Genuity Group reiterated a "hold" rating and set a $6.00 price target (down previously from $8.00) on shares of Viant Technology in a research note on Thursday, November 10th. JMP Securities lowered their target price on Viant Technology from $9.00 to $6.00 and set a "market outperform" rating on the stock in a research note on Thursday, November 10th. Craig Hallum lowered their target price on Viant Technology to $6.00 in a research note on Tuesday, November 15th. Canaccord Genuity Group downgraded Viant Technology from a "buy" rating to a "hold" rating and lowered their target price for the stock from $8.00 to $6.00 in a research note on Thursday, November 10th. Finally, Bank of America downgraded Viant Technology from a "buy" rating to a "neutral" rating in a research note on Thursday, November 10th.
Get Viant Technology alerts:Hedge Funds Weigh In On Viant Technology
Large investors have recently bought and sold shares of the business. Raymond James & Associates raised its holdings in Viant Technology by 29.9% in the 1st quarter. Raymond James & Associates now owns 19,473 shares of the company's stock worth $128,000 after purchasing an additional 4,481 shares during the period. XTX Topco Ltd acquired a new position in shares of Viant Technology during the first quarter valued at approximately $99,000. Ergoteles LLC acquired a new position in shares of Viant Technology during the first quarter valued at approximately $92,000. Prelude Capital Management LLC acquired a new position in shares of Viant Technology during the second quarter valued at approximately $78,000. Finally, Rhumbline Advisers acquired a new position in shares of Viant Technology during the second quarter valued at approximately $77,000. Institutional investors and hedge funds own 14.84% of the company's stock.
Viant Technology Stock Performance
Viant Technology stock opened at $3.39 on Wednesday. The business's 50-day simple moving average is $4.14 and its two-hundred day simple moving average is $4.81. The company has a market cap of $208.63 million, a PE ratio of -5.84 and a beta of 0.17. Viant Technology has a fifty-two week low of $3.18 and a fifty-two week high of $10.68.About Viant Technology
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Viant Technology Inc operates as an advertising software company. It provides Adelphic, an enterprise software platform that enables marketers and their advertising agencies to plan, buy, and measure advertising across channels, including desktop, mobile, connected and linear TV, in-game, streaming audio, and digital billboards.
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