DV Stock - DoubleVerify Holdings, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $656.85M | $572.54M | $452.42M | $332.74M | $243.92M |
| Gross Profit | $540.33M | $465.91M | $374.55M | $278.36M | $208.17M |
| Gross Margin | 82.3% | 81.4% | 82.8% | 83.7% | 85.3% |
| Operating Income | $82.42M | $85.73M | $59.02M | $26.68M | $21.36M |
| Net Income | $56.23M | $71.47M | $43.27M | $29.31M | $20.45M |
| Net Margin | 8.6% | 12.5% | 9.6% | 8.8% | 8.4% |
| EPS | $0.33 | $0.43 | $0.26 | $0.18 | $0.13 |
DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, data, and analytics in the United States and internationally. Its solutions provide advertisers unbiased data analytics that enable advertisers to increase the effectiveness, quality and return on their digital advertising investments. The company's solutions include DV Authentic Ad, a metric of digital media quality, which evaluates the existence of fraud, brand safety, viewability, and geography for each digital ad; DV Authentic Attention solution that provides exposure and engagement predictive analytics to drive campaign performance; and Custom Contextual solution, which allows advertisers to match their ads to relevant content to maximize user engagement and drive campaign performance. Its solutions also comprise DV Publisher suite, a solution for digital publishers to manage revenue and increase inventory yield by improving video delivery, identifying lost or unfilled sales, and aggregate data across all inventory sources; and DV Pinnacle, a service and analytics platform user interface that allows its customers to adjust and deploy controls for their media plan and track campaign performance metrics across channels, formats, and devices. The company's software solutions are integrated in the digital advertising ecosystem, including programmatic platforms, connected TV, social media channels, and digital publishers. It serves brands, publishers, and other supply-side customers covering various industry verticals, including consumer packaged goods, financial services, telecommunications, technology, automotive, and healthcare. The company was founded in 2008 and is headquartered in New York, New York.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| August 1st 2025 | JP Morgan | Upgrade | Overweight | $19 |
| March 28th 2025 | Robert W. Baird | Downgrade | Neutral | $14← $20 |
| March 4th 2025 | Loop Capital | Downgrade | Hold | $16← $24 |
| February 28th 2025 | BofA Securities | Upgrade | Neutral | - |
| February 28th 2025 | Goldman | Downgrade | Neutral | $20← $24 |
| December 18th 2024 | Raymond James | Initiation | Outperform | $25 |
| December 5th 2024 | Scotiabank | Initiation | Sector Outperform | $24 |
| October 29th 2024 | Wells Fargo | Initiation | Underweight | $14 |
| June 25th 2024 | Morgan Stanley | Downgrade | Equal Weight | $21← $40 |
| May 9th 2024 | BofA Securities | Downgrade | Underperform | $18← $45 |
| May 8th 2024 | KeyBanc Capital Markets | Downgrade | Sector Weight | - |
| March 11th 2024 | Macquarie | Upgrade | Outperform | $40 |
| January 11th 2024 | BofA Securities | Initiation | Buy | $47 |
| January 9th 2024 | BMO Capital Markets | Initiation | Outperform | $44 |
| December 13th 2023 | Morgan Stanley | Initiation | Overweight | $40 |
Earnings History & Surprises
DVEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Feb 26, 2026 | $0.19 | — | — | — |
Q4 2025 | Nov 7, 2025 | $0.09 | $0.22 | +144.4% | ✓ BEAT |
Q3 2025 | Aug 5, 2025 | $0.06 | $0.05 | -16.7% | ✗ MISS |
Q2 2025 | May 8, 2025 | $0.02 | $0.01 | -50.0% | ✗ MISS |
Q1 2025 | Feb 27, 2025 | $0.17 | $0.13 | -23.5% | ✗ MISS |
Q4 2024 | Nov 6, 2024 | $0.07 | $0.10 | +42.9% | ✓ BEAT |
Q3 2024 | Jul 30, 2024 | $0.04 | $0.04 | -7.1% | ✗ MISS |
Q2 2024 | May 7, 2024 | $0.02 | $0.04 | +62.6% | ✓ BEAT |
Q1 2024 | Feb 28, 2024 | $0.14 | $0.19 | +35.7% | ✓ BEAT |
Q4 2023 | Nov 9, 2023 | $0.06 | $0.08 | +33.3% | ✓ BEAT |
Q3 2023 | Jul 31, 2023 | $0.06 | $0.07 | +16.7% | ✓ BEAT |
Q2 2023 | May 10, 2023 | $0.04 | $0.07 | +96.9% | ✓ BEAT |
Q1 2023 | Mar 1, 2023 | $0.11 | $0.10 | -9.1% | ✗ MISS |
Q4 2022 | Nov 8, 2022 | $0.05 | $0.06 | +20.0% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $0.04 | $0.06 | +58.8% | ✓ BEAT |
Q2 2022 | May 10, 2022 | $0.02 | $0.03 | +35.0% | ✓ BEAT |
Q1 2022 | Mar 8, 2022 | $0.14 | $0.17 | +21.4% | ✓ BEAT |
Q4 2021 | Nov 9, 2021 | $0.06 | $0.05 | -16.7% | ✗ MISS |
Q3 2021 | Jul 29, 2021 | $-0.00 | $0.02 | +832.6% | ✓ BEAT |
Latest News
DoubleVerify Expands DV Authentic Attention To TikTok, Enabling Brands To Optimize Campaigns Using Impression-Level Attention Data
📈 PositiveCanaccord Genuity Maintains Buy on DoubleVerify Holdings, Lowers Price Target to $18
➖ NeutralBarclays Maintains Overweight on DoubleVerify Holdings, Lowers Price Target to $12
➖ NeutralMorgan Stanley Maintains Equal-Weight on DoubleVerify Holdings, Lowers Price Target to $15
➖ NeutralJP Morgan Maintains Overweight on DoubleVerify Holdings, Lowers Price Target to $17
➖ NeutralTruist Securities Maintains Buy on DoubleVerify Holdings, Lowers Price Target to $17
➖ NeutralRBC Capital Maintains Outperform on DoubleVerify Holdings, Lowers Price Target to $20
➖ NeutralScotiabank Maintains Sector Outperform on DoubleVerify Holdings, Lowers Price Target to $16
➖ NeutralStifel Maintains Buy on DoubleVerify Holdings, Lowers Price Target to $15
➖ NeutralNeedham Maintains Buy on DoubleVerify Holdings, Lowers Price Target to $12
➖ NeutralDoubleVerify Holdings shares are trading lower after the company reported worse-than-expected Q3 financial results and cut its FY25 sales guidance below estimates.
📉 NegativeDoubleVerify Holdings Lowers FY2025 Sales Guidance from $755.376M to $748.808M vs $755.399M Est
📉 NegativeDoubleVerify Holdings Sees Q4 Sales $207.000M-$211.000M vs $210.902M Est
📈 PositiveDoubleVerify Hldgs Q3 EPS $0.06 Misses $0.09 Estimate, Sales $188.621M Miss $190.262M Estimate
📉 NegativeWells Fargo Maintains Underweight on DoubleVerify Holdings, Lowers Price Target to $10
📉 NegativeMorgan Stanley Maintains Equal-Weight on DoubleVerify Holdings, Lowers Price Target to $16.5
📉 NegativeJMP Securities Reiterates Market Outperform on DoubleVerify Holdings, Maintains $20 Price Target
📈 PositiveDoubleVerify stock jumps after company raises forecast
📈 PositiveFrequently Asked Questions about DV
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