Deep Dive Into DoubleVerify Hldgs Stock: Analyst Perspectives (16 Ratings)

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Ratings for DoubleVerify Hldgs DV were provided by 16 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 9 3 1 0
Last 30D 0 1 0 0 0
1M Ago 0 2 1 0 0
2M Ago 1 3 0 0 0
3M Ago 2 3 2 1 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $22.75, a high estimate of $30.00, and a low estimate of $14.00. A 9.0% drop is evident in the current average compared to the previous average price target of $25.00.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

A clear picture of DoubleVerify Hldgs's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Raimo Lenschow Barclays Lowers Overweight $25.00 $27.00
Matthew Cost Morgan Stanley Lowers Equal-Weight $19.00 $21.00
Andrew Boone JMP Securities Maintains Market Outperform $25.00 $25.00
Matthew Swanson RBC Capital Raises Outperform $24.00 $22.00
Andrew Marok Raymond James Announces Outperform $25.00 -
Laura Martin Needham Maintains Buy $22.00 $22.00
Raimo Lenschow Barclays Raises Overweight $27.00 $23.00
Nat Schindler Scotiabank Announces Sector Outperform $24.00 -
Matthew Cost Morgan Stanley Lowers Equal-Weight $21.00 $23.00
Tim Nollen Macquarie Maintains Outperform $19.00 $19.00
Michael Graham Canaccord Genuity Lowers Buy $30.00 $36.00
Andrew Boone JMP Securities Lowers Market Outperform $25.00 $33.00
Mark Murphy JP Morgan Lowers Neutral $19.00 $21.00
Matthew Swanson RBC Capital Lowers Outperform $22.00 $27.00
Youssef Squali Truist Securities Lowers Buy $23.00 $26.00
Alec Brondolo Wells Fargo Announces Underweight $14.00 -

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to DoubleVerify Hldgs. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of DoubleVerify Hldgs compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for DoubleVerify Hldgs's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of DoubleVerify Hldgs's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on DoubleVerify Hldgs analyst ratings.

About DoubleVerify Hldgs

DoubleVerify Holdings Inc is a digital media measurement and analytics software platform. The DV Authentic Ad ensures that a digital ad was delivered in a brand-safe setting, completely viewable, by a real individual, and in the expected geography, is one of its solutions. It generates revenues from its advertisement customers by charging a Measured Transaction Fee on the volume of Media Transactions Measured on the software platform.

Financial Milestones: DoubleVerify Hldgs's Journey

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Growth: Over the 3 months period, DoubleVerify Hldgs showcased positive performance, achieving a revenue growth rate of 17.77% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.

Net Margin: DoubleVerify Hldgs's net margin excels beyond industry benchmarks, reaching 10.73%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 1.63%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): DoubleVerify Hldgs's ROA excels beyond industry benchmarks, reaching 1.41%. This signifies efficient management of assets and strong financial health.

Debt Management: DoubleVerify Hldgs's debt-to-equity ratio is below the industry average. With a ratio of 0.08, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: Simplified

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

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.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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