Datavault AI Inc. (NASDAQ:DVLT – Get Free Report)’s share price dropped 3.7% during trading on Wednesday . The company traded as low as $0.5379 and last traded at $0.5379. Approximately 30,820,243 shares traded hands during trading, a decline of 48% from the average daily volume of 59,021,109 shares. The stock had previously closed at $0.5588.
Wall Street Analysts Forecast Growth
DVLT has been the subject of a number of analyst reports. Maxim Group decreased their price objective on Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Monday, March 30th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datavault AI in a research note on Friday, April 24th. Finally, Wall Street Zen raised Datavault AI from a “strong sell” rating to a “hold” rating in a research note on Saturday, March 21st. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Datavault AI presently has a consensus rating of “Hold” and a consensus price target of $3.00.
View Our Latest Stock Report on DVLT
Datavault AI Trading Down 12.2%
Datavault AI (NASDAQ:DVLT – Get Free Report) last posted its earnings results on Wednesday, March 18th. The company reported $0.53 earnings per share for the quarter. The firm had revenue of $33.82 million for the quarter. Datavault AI had a negative return on equity of 64.06% and a negative net margin of 202.09%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in DVLT. State Street Corp lifted its holdings in Datavault AI by 51,505.4% during the fourth quarter. State Street Corp now owns 10,064,089 shares of the company’s stock worth $6,563,000 after acquiring an additional 10,044,587 shares in the last quarter. Jane Street Group LLC bought a new position in Datavault AI during the fourth quarter worth about $2,923,000. Anson Funds Management LP bought a new position in Datavault AI during the third quarter worth about $3,218,000. Themes Management Co LLC bought a new position in Datavault AI during the first quarter worth about $1,223,000. Finally, Vanguard Group Inc. bought a new position in Datavault AI during the third quarter worth about $1,294,000. 0.66% of the stock is currently owned by institutional investors.
About Datavault AI
Datavault AI Inc, a data sciences technology company, owns and operates data management and supercomputer platforms. It offers data technology and software solutions. The company was formerly known as WiSA Technologies, Inc and changed its name to Datavault AI Inc in February 2025. Datavault AI Inc was incorporated in 2010 and is headquartered in Beaverton, Oregon.
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