DoubleVerify Holdings Inc is a technology company that specializes in digital media measurement and analytics
It provides solutions to verify the quality of digital advertising and ensure that ads are being delivered as intended. Through its platform, DoubleVerify assesses ad viewability, brand safety, and engagement metrics, helping brands and publishers optimize their advertising campaigns and enhance consumer trust. The company aims to ensure that advertisements are served in a transparent and effective manner, ultimately contributing to a more efficient digital advertising ecosystem.
Based on technical and fundamental analysis of NYSE:DV we find: DOUBLEVERIFY HOLDINGS INC (NYSEDV) qualifies as a high growth stock and is consolidating.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how sales and marketing software stocks fared in Q3, starting with ON24 (NYSEONTF).
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the advertising software industry, including DoubleVerify (NYSEDV) and its peers.
Shares of digital media measurement and analytics provider DoubleVerify (NYSEDV)
jumped 8.8% in the morning session after Stifel analyst Mark Kelley reiterated the stock's Buy rating with a price target of $22 based on news of a potential price hike (from DoubleVerify). He added "We've learned that DoubleVerify is raising prices by roughly 5% on average (pricing ranges from unchanged to +8-10%, depending on the product), effective February 1st." The price increase is expected to improve concerns regarding pricing pressure in the ad verification market and also boost DV's growth outlook.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Braze (NASDAQBRZE) and its peers.
DoubleVerify trades at $20.56 and has moved in lockstep with the market. Its shares have returned 9.3% over the last six months while the S&P 500 has gained 13.5%.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how advertising software stocks fared in Q3, starting with Zeta (NYSEZETA).
Let’s dig into the relative performance of The Trade Desk (NASDAQTTD) and its peers as we unravel the now-completed Q3 advertising software earnings season.
Digital media measurement and analytics provider DoubleVerify (NYSEDV) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 17.8% year on year to $169.6 million. On the other hand, next quarter’s revenue guidance of $197 million was less impressive, coming in 3.8% below analysts’ estimates. Its GAAP profit of $0.10 per share was 42.4% above analysts’ consensus estimates.
Digital media measurement and analytics provider DoubleVerify (NYSEDV)
will be announcing earnings results tomorrow after market hours. Here’s what to expect.
Looking back on advertising software stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including DoubleVerify (NYSEDV) and its peers.
