What 7 Analyst Ratings Have To Say About Viant Technology
Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Viant Technology (NASDAQ:DSP) in the last three months.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 4 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 3 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 1 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Viant Technology, revealing an average target of $23.14, a high estimate of $27.00, and a low estimate of $21.00. Surpassing the previous average price target of $22.14, the current average has increased by 4.52%.
Breaking Down Analyst Ratings: A Detailed Examination
The perception of Viant Technology by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Laura Martin | Needham | Maintains | Buy | $21.00 | $21.00 |
| Andrew Boone | Citizens Capital Markets | Maintains | Market Outperform | $24.00 | $24.00 |
| Andrew Marok | Raymond James | Lowers | Outperform | $27.00 | $30.00 |
| Matthew Condon | Citizens Capital Markets | Maintains | Market Outperform | $24.00 | $24.00 |
| Laura Martin | Needham | Maintains | Buy | $21.00 | $21.00 |
| Andrew Boone | JMP Securities | Raises | Market Outperform | $24.00 | $17.00 |
| Laura Martin | Needham | Raises | Buy | $21.00 | $18.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Viant Technology. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Viant Technology compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Viant Technology's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
To gain a panoramic view of Viant Technology's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
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Unveiling the Story Behind Viant Technology
Viant Technology Inc is an advertising software company. The software enables the programmatic purchase of advertising, which is the electronification of the advertising buying process. It operates a cloud-based demand side platform ("DSP") that is used by marketers and its advertising agencies to centralize the planning, buying and measurement of its advertising across channels, including connected TV (CTV), streaming audio, digital out-of-home, mobile and desktop.
Key Indicators: Viant Technology's Financial Health
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Viant Technology's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2024, the company achieved a revenue growth rate of approximately 39.82%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 1.94%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Viant Technology's ROE stands out, surpassing industry averages. With an impressive ROE of 3.08%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Viant Technology's ROA excels beyond industry benchmarks, reaching 0.4%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.48, Viant Technology adopts a prudent financial strategy, indicating a balanced approach to debt management.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.