Viant Technology Inc. (NASDAQ:DSP – Get Free Report) shares traded down 7.2% during trading on Tuesday . The company traded as low as $12.53 and last traded at $13.0750. 136,622 shares traded hands during trading, a decline of 43% from the average session volume of 241,602 shares. The stock had previously closed at $14.09.
Trending Headlines about Viant Technology
Here are the key news stories impacting Viant Technology this week:
- Positive Sentiment: Viant reported second-quarter revenue of $104.25 million and adjusted earnings of $0.12 per share. Results exceeded the company’s guidance range and surpassed the broader analyst EPS consensus cited by MarketBeat, while management pointed to record results and accelerating growth driven by its AI-powered programmatic advertising platform. Viant Technology Announces Second Quarter 2026 Financial Results
- Positive Sentiment: Rosenblatt Securities raised its price target on DSP from $20 to $24 and maintained a “buy” rating, implying substantial upside from recent trading levels. Citizens JMP also lifted its target from $16 to $17 and assigned a “market outperform” rating. These revisions suggest analysts see continued growth potential following the quarterly report. Analyst price-target changes
- Positive Sentiment: The earnings call reinforced investor interest in Viant’s AI strategy and growth outlook. Investors will be watching management commentary on customer adoption, advertising demand and execution as the company enters what it describes as a new phase of accelerated growth. Viant Technology Q2 FY2026 earnings call transcript
- Neutral Sentiment: Viant appointed Craig Abrahams to its board of directors. The addition may strengthen the company’s governance and financial expertise, but the announcement is unlikely to materially affect near-term earnings expectations. Viant appoints Craig Abrahams to board
- Negative Sentiment: Third-quarter revenue guidance of $107.5 million to $110.5 million is slightly below the approximately $110 million consensus estimate at the midpoint. In addition, Zacks reported that Q2 EPS of $0.12 narrowly missed its $0.13 estimate, creating a modest near-term earnings overhang despite the stronger revenue and company-guidance comparison. Viant Technology misses Q2 earnings estimates
Analysts Set New Price Targets
Several research firms have weighed in on DSP. Citizens Jmp lifted their target price on Viant Technology from $16.00 to $17.00 and gave the stock a “market outperform” rating in a report on Tuesday. Rosenblatt Securities upped their price target on shares of Viant Technology from $20.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday. B. Riley Financial boosted their price objective on shares of Viant Technology from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Wall Street Zen cut Viant Technology from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, DA Davidson upped their price objective on Viant Technology from $16.00 to $16.50 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $18.71.
Viant Technology Stock Down 5.8%
The company’s fifty day simple moving average is $12.05 and its 200 day simple moving average is $11.33. The stock has a market capitalization of $869.78 million, a price-to-earnings ratio of 37.33 and a beta of 1.08.
Viant Technology (NASDAQ:DSP – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.09. The business had revenue of $104.25 million for the quarter, compared to analyst estimates of $59.65 million. Viant Technology had a net margin of 2.51% and a return on equity of 2.40%. As a group, analysts anticipate that Viant Technology Inc. will post -0.19 earnings per share for the current year.
Insider Activity
In other Viant Technology news, CFO Larry Madden sold 2,814 shares of Viant Technology stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $10.69, for a total value of $30,081.66. Following the transaction, the chief financial officer owned 425,822 shares in the company, valued at $4,552,037.18. The trade was a 0.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Christopher Vanderhook sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $10.96, for a total transaction of $27,400.00. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 167,853 shares of company stock worth $1,947,895. Corporate insiders own 29.43% of the company’s stock.
Hedge Funds Weigh In On Viant Technology
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp bought a new stake in shares of Viant Technology in the second quarter worth approximately $609,000. Versant Capital Management Inc grew its stake in Viant Technology by 202.3% during the 2nd quarter. Versant Capital Management Inc now owns 2,772 shares of the company’s stock worth $35,000 after buying an additional 1,855 shares during the last quarter. Quantinno Capital Management LP raised its position in shares of Viant Technology by 81.6% in the 1st quarter. Quantinno Capital Management LP now owns 62,409 shares of the company’s stock valued at $699,000 after purchasing an additional 28,052 shares during the last quarter. Punch & Associates Investment Management Inc. lifted its stake in shares of Viant Technology by 16.4% during the first quarter. Punch & Associates Investment Management Inc. now owns 1,347,163 shares of the company’s stock worth $15,088,000 after buying an additional 190,248 shares during the period. Finally, Meeder Asset Management Inc. acquired a new position in shares of Viant Technology in the first quarter valued at about $97,000. Institutional investors and hedge funds own 11.38% of the company’s stock.
About Viant Technology
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.
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