Viant Technology (NASDAQ:DSP) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Viant Technology (NASDAQ:DSP) posted its earnings results on Monday. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.03), FiscalAI reports. The firm had revenue of $85.58 million during the quarter, compared to the consensus estimate of $85.54 million. Viant Technology had a negative return on equity of 4.98% and a net margin of 0.57%. Viant Technology updated its Q4 2025 guidance to EPS.

Viant Technology Price Performance

Shares of DSP traded down $0.29 during trading hours on Wednesday, hitting $10.19. The stock had a trading volume of 69,132 shares, compared to its average volume of 313,535. The firm has a 50 day simple moving average of $8.99 and a 200-day simple moving average of $11.67. Viant Technology has a 1-year low of $8.11 and a 1-year high of $26.33. The firm has a market capitalization of $641.46 million, a P/E ratio of 92.64 and a beta of 1.07.

Wall Street Analysts Forecast Growth

DSP has been the topic of several research analyst reports. B. Riley reaffirmed a “buy” rating and set a $16.50 price objective (up from $14.50) on shares of Viant Technology in a research note on Tuesday. DA Davidson boosted their target price on shares of Viant Technology from $15.00 to $15.50 and gave the stock a “buy” rating in a research note on Tuesday. Raymond James Financial lowered their price target on shares of Viant Technology from $20.00 to $19.00 and set a “strong-buy” rating for the company in a report on Tuesday, August 12th. Citigroup reiterated a “market outperform” rating on shares of Viant Technology in a research report on Tuesday. Finally, Wall Street Zen downgraded Viant Technology from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $19.18.

Insider Buying and Selling

In other Viant Technology news, COO Christopher Vanderhook sold 8,782 shares of Viant Technology stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $9.73, for a total value of $85,448.86. Following the sale, the chief operating officer owned 356,284 shares of the company’s stock, valued at approximately $3,466,643.32. The trade was a 2.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Larry Madden sold 13,006 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $9.73, for a total value of $126,548.38. Following the completion of the sale, the chief financial officer directly owned 423,255 shares of the company’s stock, valued at $4,118,271.15. This represents a 2.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 28.80% of the stock is owned by company insiders.

Institutional Trading of Viant Technology

A number of institutional investors have recently modified their holdings of the business. Royal Bank of Canada raised its stake in shares of Viant Technology by 246.4% during the 1st quarter. Royal Bank of Canada now owns 29,213 shares of the company’s stock valued at $363,000 after purchasing an additional 20,779 shares during the period. AQR Capital Management LLC grew its holdings in Viant Technology by 303.6% during the 1st quarter. AQR Capital Management LLC now owns 47,295 shares of the company’s stock valued at $587,000 after buying an additional 35,578 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Viant Technology by 77.1% in the first quarter. Goldman Sachs Group Inc. now owns 136,249 shares of the company’s stock worth $1,691,000 after buying an additional 59,323 shares in the last quarter. Envestnet Asset Management Inc. bought a new position in shares of Viant Technology in the second quarter valued at approximately $166,000. Finally, Geode Capital Management LLC grew its stake in Viant Technology by 6.4% during the second quarter. Geode Capital Management LLC now owns 380,598 shares of the company’s stock valued at $5,036,000 after acquiring an additional 22,857 shares in the last quarter. 11.38% of the stock is currently owned by hedge funds and other institutional investors.

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.