Viant Technology (NASDAQ:DSP) Releases Earnings Results, Misses Expectations By $0.11 EPS

Posted by Brenda Bartman on May 11th, 2026

Viant Technology (NASDAQ:DSP – Get Free Report) issued its earnings results on Monday, May 11th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.11), Zacks reports. The business had revenue of $88.54 million during the quarter, compared to analyst estimates of $50.13 million. Viant Technology had a net margin of 2.51% and a return on equity of 2.40%.

Here are the key takeaways from Viant Technology’s conference call:

Viant reported a strong Q1 beat with $88.5M revenue (+25% YoY), contribution ex-TAC of $50.3M (+18% YoY), and Adjusted EBITDA of $9.8M (+81% YoY), all above guidance.
The company is strengthening a CTV-led moat: CTV was over 50% of spend, Direct Access accounted for >50% of CTV spend, IRIS_ID reached ~50% of biddable CTV (targeting >75% later this year), and Household ID is embedded in ~96% of CTV requests.
Viant closed the acquisition of TVision (May 1), adding real‑time attention signals (in‑room presence, co‑viewership, demographics, eyes‑on‑screen) to enable pre‑bid, attention‑adjusted CPMs that management says are unique in market.
The fully autonomous AI product Outcomes (launched in January) is seeing early adoption and management says it is beginning to capture budgets from search and social, positioning it as a potential multi‑year growth driver.
Management highlighted the largest RFP pipeline in company history but noted many opportunities are long‑lead (many selections tied to 2027), TVision revenue is not disclosed separately, and Outcomes is still early—creating timing and execution risk for revenue realization.

Viant Technology Trading Down 4.8%

DSP stock traded down $0.61 during trading on Friday, reaching $12.11. 253,142 shares of the stock were exchanged, compared to its average volume of 227,318. The firm has a market capitalization of $793.62 million, a price-to-earnings ratio of 33.64 and a beta of 1.04. The business has a 50 day moving average price of $11.13 and a 200-day moving average price of $11.12. Viant Technology has a 1 year low of $8.11 and a 1 year high of $15.18.

Analyst Upgrades and Downgrades

DSP has been the subject of several research reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $20.00 price objective on shares of Viant Technology in a research note on Thursday, April 16th. DA Davidson boosted their target price on Viant Technology from $16.00 to $16.50 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Loop Capital set a $14.50 price target on Viant Technology in a research report on Tuesday, March 10th. B. Riley Financial increased their price target on Viant Technology from $17.00 to $18.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings downgraded Viant Technology from a “hold (c)” rating to a “sell (d+)” rating in a research report on Wednesday, May 13th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $18.00.

View Our Latest Research Report on Viant Technology

Insider Activity

In other news, CEO Timothy Vanderhook sold 2,796 shares of the firm’s stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $10.74, for a total transaction of $30,029.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Larry Madden sold 17,297 shares of Viant Technology stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $11.42, for a total transaction of $197,531.74. Following the sale, the chief financial officer directly owned 517,864 shares in the company, valued at approximately $5,914,006.88. The trade was a 3.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 195,798 shares of company stock worth $2,181,451. Corporate insiders own 29.43% of the company’s stock.

Institutional Investors Weigh In On Viant Technology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. lifted its stake in shares of Viant Technology by 86.9% in the 4th quarter. Russell Investments Group Ltd. now owns 2,641 shares of the company’s stock valued at $32,000 after purchasing an additional 1,228 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its position in shares of Viant Technology by 620.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,883 shares of the company’s stock worth $35,000 after purchasing an additional 2,483 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of Viant Technology by 433.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 7,942 shares of the company’s stock worth $69,000 after purchasing an additional 6,454 shares during the last quarter. Franklin Resources Inc. acquired a new stake in shares of Viant Technology during the 3rd quarter worth about $100,000. Finally, MetLife Investment Management LLC purchased a new stake in Viant Technology in the 4th quarter valued at about $105,000. Institutional investors and hedge funds own 11.38% of the company’s stock.

About Viant Technology

(Get Free Report)

Viant Technology Inc (Nasdaq: DSP) is a software-as-a-service (SaaS) advertising technology company that delivers data-driven solutions to marketers and agencies. Its core offering, Adelphic, is a programmatic demand-side platform (DSP) that empowers clients to plan, execute and optimize digital ad campaigns across desktop, mobile, connected TV and other emerging channels.

Complementing its DSP, Viant offers PeopleCloud, a people-based data management platform (DMP) that aggregates and normalizes first- and third-party audience data.