Shares of Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) dropped 8% on Friday . The stock traded as low as $0.4102 and last traded at $0.4294. Approximately 45,512,271 shares changed hands during trading, a decline of 22% from the average daily volume of 58,137,570 shares. The stock had previously closed at $0.4668.
Analyst Ratings Changes
DVLT has been the subject of a number of recent analyst reports. Wall Street Zen downgraded shares of Datavault AI from a “hold” rating to a “sell” rating in a report on Saturday, May 23rd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Datavault AI in a report on Friday, April 24th. Finally, Maxim Group lowered their price objective on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Monday, March 30th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $3.00.
Check Out Our Latest Analysis on DVLT
Datavault AI Trading Down 8.0%
Datavault AI (NASDAQ:DVLT – Get Free Report) last issued its earnings results on Wednesday, March 18th. The company reported $0.53 earnings per share (EPS) for the quarter. Datavault AI had a negative return on equity of 64.71% and a negative net margin of 292.68%.The business had revenue of $33.82 million during the quarter.
Institutional Investors Weigh In On Datavault AI
Large investors have recently modified their holdings of the stock. Bank of New York Mellon Corp raised its holdings in shares of Datavault AI by 78.3% during the 1st quarter. Bank of New York Mellon Corp now owns 44,580 shares of the company’s stock valued at $28,000 after buying an additional 19,578 shares during the period. Stonebridge Capital Advisors LLC boosted its holdings in Datavault AI by 175.0% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 55,000 shares of the company’s stock worth $36,000 after acquiring an additional 35,000 shares during the period. Prelude Capital Management LLC acquired a new stake in Datavault AI in the third quarter valued at approximately $43,000. OMERS ADMINISTRATION Corp raised its stake in shares of Datavault AI by 93.0% during the first quarter. OMERS ADMINISTRATION Corp now owns 123,900 shares of the company’s stock valued at $77,000 after purchasing an additional 59,700 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Datavault AI during the third quarter valued at approximately $71,000. Institutional investors and hedge funds own 0.66% of the company’s stock.
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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