Viant Technology Inc. DSP

12.19 (0.15) (1.22%) as of 25 Sep
Market cap
$810.6M
P/E
23.9×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 9.26
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — 7 4 3 4 6 4 8 5 1 1
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 810.63
Revenue 388.50
Net Income 21.59
Free Cash Flow 47.74
Net Debt (193.05)
Current Ratio 2.34
Debt/Equity 0.00
P/E ratio 23.90
P/S ratio 0.62
P/B ratio 0.75
Past 5Y EPS Growth (24.76%)
This Y EPS Growth (50.41%)
Next Y EPS Growth 75.68%
Next 5Y EPS Growth 8.35%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 216 205 191 193
Receivables 117 147 177 145
Inventory — — — —
Other — — — —
340 362 376 350
2023 2024 2025 Q'26
Payables 47 71 84 67
ST’ Debt — — — —
Other 7 10 4 9
109 145 157 150
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 15.81% 20.41%
Cash Flow — 22.75% 0.00%
Earnings — (13.89%) 0.00%
Book Value — 59.91% 2.81%

Revenue

Mar Jun Sep Dec Year
’26 89 104 — — —
’25 71 78 86 110 344
’24 53 66 80 90 289
’23 42 57 60 64 223
’22 43 51 49 55 197
’21 40 50 51 83 224
’20 38 30 40 56 165
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 3 28 — — —
’25 (4) 21 3 33 53
’24 4 14 17 16 52
’23 (1) 11 4 23 38
’22 12 (20) (5) 10 (4)
’21 15 9 7 (1) 29
’20 4 8 3 5 19
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (1) 22 — — —
’25 (8) 16 (2) 28 34
’24 0 10 12 12 34
’23 (3) 8 0 19 24
’22 9 (22) (7) 7 (12)
’21 13 7 5 (3) 21
’20 2 6 1 3 11
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.03) (0.03) — — —
’25 (0.07) 0.02 0.06 0.31 0.36
’24 (0.06) 0.00 0.08 0.10 0.14
’23 (0.17) (0.07) (0.03) 0.04 (0.23)
’22 (0.23) (0.24) (0.22) (0.15) (0.84)
’21 (0.27) (0.32) (0.20) 0.11 (0.63)
’20 0.33 (0.07) 7.48 12.86 20.64
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 7.95 3.15 3.66 6.31 8.11

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 69.16 10.23 7.61 21.74 26.33
High Price
— — — 282 289 350 308 333 376 380
Employees
— — 0 1 1 1 1 1 1 1
Revenue/Emp
— — 108 165 165 224 197 223 289 344
Revenue
— — 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
— — (26) 10 21 (38) (48) (10) 13 10
EBT
— — (23.57%) 6.02% 12.49% (16.78%) (24.39%) (4.39%) 4.39% 2.94%
EBT Margin
— 0 (26) 10 21 (38) (48) (10) 12 24
Net Income
— — 11 10 10 11 13 15 16 19
Depreciation
— — 582.55 601.80 413.13 18.13 13.90 14.64 17.83 20.96
Revenue/Sh
— — (137.28) 36.22 20.64 (0.63) (0.84) (0.23) 0.15 0.51
Earnings/Sh
— — 18.62 47.57 47.19 2.32 (0.25) 2.48 3.19 3.20
Cash Flow/Sh
— — (47.17) (28.51) (19.60) (0.60) (0.62) (0.89) (1.09) (1.11)
Capex/Sh
— — (28.55) 19.05 27.59 1.72 (0.87) 1.59 2.10 2.09
Free CF/Sh
— — 0.00 82.87 69.04 22.85 18.74 18.02 16.90 17.59
Book Value/Sh
— — 0 0 0 12 14 15 16 16
Shares
— — 0.92 0.92 0.92 0.00 0.00 0.00 135.64 24.08
PE Ratio
— — 0.12 0.12 0.12 0.54 0.28 0.44 1.07 0.57
PS Ratio
— — 0.95 0.95 0.95 0.42 0.21 0.36 1.12 0.68
PB Ratio
— — 0.20 0.20 0.20 (0.43) (0.63) (0.41) 0.45 0.10
EV/Sales
— — 2.99 2.99 2.99 (4.49) 9.99 (3.77) 3.80 0.96
EV/FCF
— — 3 13 19 29 (4) 38 52 53
Op' Cash Flow
— — (9) (8) (8) (7) (9) (13) (18) (18)
Capex
— — (5) 5 11 21 (12) 24 34 34
FCF
— — 7 14 24 269 228 232 217 219
Working Cap'
— — 66 18 24 18 29 — — —
Total Debt
— — 63 13 14 (221) (178) (216) (205) (191)
Net Debt
— — 0 23 28 283 266 274 274 289
Sh' Equity
— — 0.00% 18.57% 14.68% (2.96%) (3.11%) (0.88%) 0.56% 1.82%
ROA
— — (20.40%) 22.60% 32.76% (43.42%) (35.02%) (19.74%) 3.15% 7.73%
ROIC
— — 75.11% (29.19%) 99.87% (5.12%) (4.35%) (1.27%) 0.86% 2.97%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Viant Technology Inc. peers in Software Application

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Viant Technology Inc. (DSP) key facts

  • Viant Technology Inc. (DSP) is a Software Application company in the Technology sector, listed on Nasdaq.
  • Viant Technology Inc.’s revenue for fiscal 2025 (year ended December 2025) was $344.2 million, up 19.0% from fiscal 2024.
  • As of September 25, 2026, DSP traded at $12.19, a market capitalization of $810.6 million.
  • Return on equity was 2.97% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Viant Technology Inc. (DSP) Latest News

News by impact score

Fine-tune

24 Sep

4

Viant expands Direct Access, its fee-free supply path, to support deal-based buying across the largest CTV publishers, enabling programmatic guaranteed and private marketplace deals in addition to open-market buys. The expansion is live across publishers representing about 94% of programmatic demand, per Jounce Media, and adds integrations with FreeWheel, Magnite's SpringServe, Publica and custom oRTB. By extending Direct Access to deals, Viant aims to reduce transaction costs while increasing transparency on inventory sources and performance. The move complements Viant Publisher Solutions SupplyIQ, Household ID, IRIS Content ID and its supply-quality scoring. Advertisers such as WHOOP and DIRECTV Advertising executives highlighted greater efficiency and visibility; Viant notes the expansion broadens scale without added fees for buyers or sellers. Extends Direct Access to deals across major publishers, strengthening Viant's value proposition and potentially boosting demand, efficiency, and monetization.

21 Sep

3

Viant Technology Inc. (DSP) jumped 18.6% to $11.88 on heavy volume after a broad-based pickup in demand across verticals, led by Connected TV adoption, rising use of Viant's data intelligence, and Viant AI. The move comes despite a 4-week stock decline of 19.3%. The company is expected to post Q2 earnings of $0.18 per share, up about 50% YoY, with revenue of $109.15 million, up 27.5%. EPS estimates have been unchanged in the last 30 days, though revisions tend to precede price movements. DSP carries a Zacks Rank #3 (Hold). AppLovin (APP) in the same tech-services group finished 4.2% lower. The piece notes momentum may persist only if earnings revisions turn positive. Upside signals from Connected TV demand and Viant AI exist, but flat near-term earnings revisions temper longer-term impact.

3

Over five years, The Trade Desk returned $2.5 billion to shareholders via buybacks—about 38% of its current market value—while the stock fell 81%. The cash came from a high-margin digital-ad toll, with trailing free cash flow of about $0.85 billion and an operating margin near 19.6%. Buybacks failed to lift the share price in a slow-growth environment, as management acknowledged revenue growth below expectations amid macro headwinds and execution challenges. A key risk is advertisers shifting toward cheaper, simpler media, potentially pressuring TTD’s premium, data-driven model. The test lies with major clients via Joint Business Plans, which management says have revenue growing roughly 6x faster than overall revenue. If JBPs pull the rest of the business forward, cash returns may look like a reward; otherwise, they remain a consolation prize. Relative to the market, SPY rose while TTD lagged. Cash-return strategy amid slowing growth may temper investor expectations for DSP but doesn't change its underlying economics.

16 Sep

3

Viant Technology Inc. announces launch of public offering of Class A Common Stock. Public offering raises capital while potentially diluting shares and influencing stock performance.

13 Aug

4

Viant Technology Inc. (DSP) targets enterprise growth as its AI outcomes attract rising ad spend. Enterprise growth focus combined with AI ad spend gains signals significant shifts in company trajectory and market performance.

3

Viant Technology (DSP) stock receives fair value boost after Q2 results and raised targets driven by CTV. Q2 results and CTV target raises prompt fair value increase for DSP.

11 Aug

4 transcript

Viant Technology Inc reported record revenue for Q2 2026 with a surge in connected TV advertising during its earnings call. Record revenue and CTV surge signal major strategic gains that can significantly boost future performance and investor outlook.

4

The Trade Desk moved workloads in-house, cracking Viant Technology Inc.'s margin guidance. The Trade Desk internalizing workloads directly cracked Viant Technology's margin guidance.

3 transcript

Viant Technology Inc. (DSP) presented Q2 2026 earnings results and operational updates during its earnings call. Quarterly earnings releases supply financial metrics that moderately shape near-term valuation and sentiment.

10 Aug

4

Viant Technology Inc. (DSP) announced its second quarter 2026 financial results. Quarterly earnings releases directly shape investor sentiment and near-term stock valuation.

3 transcript

Viant Technology Inc. (DSP) Q2 earnings call highlights key financial results, operational updates and forward guidance. Q2 earnings call highlights deliver updated financial metrics and guidance that can shift near-term investor views on DSP.

3

Viant Technology Inc. (DSP) missed Q2 earnings estimates. Missing earnings estimates typically pressures near-term stock valuation and investor sentiment without altering long-term company trajectory.

6 Aug

3

Viant Technology Inc. (DSP) has been named a CTV Innovation Leader. CTV innovation leader recognition may boost Viant's competitive positioning in advertising technology.

8 Jul

3

Viant Technology integrates with Publica by IAS to expand premium connected TV access. Integration expands Viant's CTV inventory access and competitive positioning in ad tech.

18 Jun

3

Viant Technology Inc. (DSP) emerges as a top AI advertising stock candidate due to its platform strengths in digital marketing and data-driven ad solutions. DSP AI ad tech positioning may moderately influence investor sentiment and competitive standing without major operational shifts.

11 Jun

3

Viant expands publisher solutions to unlock greater performance and transparency. Publisher solutions expansion can boost Viant's competitive edge in ad tech.

5 Jun

3

Viant Technology Inc. (DSP) partners with Ad Fontes Media on news reliability targeting. Partnership adds news reliability tools to DSP platform with moderate potential to improve ad targeting performance.

20 May

4

Viant partners with Ad Fontes Media to launch political bias-based ad targeting on CTV news for the first time. New CTV targeting tool expands Viant's ad platform capabilities and may strengthen its position versus competitors.

14 May

4

Viant Technology Inc. (DSP) expands its advertising data capabilities through a key acquisition. Key acquisition directly strengthens DSP's core advertising data platform, enhancing competitive positioning and growth potential.

3

Viant Technology (DSP) demonstrates improving losses and higher sales, quietly reframing its ad-tech narrative amid positive financial momentum. Improving losses and higher sales moderately boost DSP's financial performance and market positioning.

12 May

4

Viant Technology Inc. (DSP) released Q1 2026 earnings call summary detailing financial performance, revenue growth, and strategic updates. Quarterly earnings summary reveals financial results and guidance shaping investor sentiment and stock trajectory.

4

Viant Technology Inc. (DSP) delivered record revenue growth in Q1 2026 earnings call, highlighting strong performance amid ongoing expansion. Record revenue growth demonstrates robust financial health and operational success poised to drive positive market sentiment and future performance.

11 May

4

Viant Technology Inc. (DSP) released Q1 earnings call highlights detailing financial performance, revenue growth, and forward guidance. Q1 earnings highlights reveal financial results and guidance that significantly shape investor expectations and stock trajectory.

4

Viant Technology Inc. (DSP) announced first quarter 2026 financial results. Quarterly earnings announcements directly impact financial performance metrics, investor sentiment, and stock trajectory.

3

Viant Technology Inc. (DSP) reported Q1 earnings that missed analyst estimates. Missing Q1 earnings estimates signals moderate pressure on financial performance and investor sentiment.

8 May

3

Viant Technology's investor narrative shifts amid connected TV (CTV) market growth opportunities and emerging automation risks that could disrupt operations. CTV expansion provides moderate growth potential balanced against automation risks affecting efficiency and competitive positioning.

6 May

4

Flow Capital announces repayment of its TVision investment following Viant Technology Inc. (DSP)'s acquisition of the TV analytics firm. Viant's acquisition of TVision bolsters its ad tech capabilities in TV measurement, driving significant strategic growth and market positioning.

5 May

4

Viant Technology Inc. (DSP) has closed its acquisition of TVision Insights, a provider of TV attention measurement, to enhance cross-channel ad verification and audience metrics. Acquisition integrates TVision's attention metrics into Viant's platform, significantly boosting competitive edge in omnichannel advertising.

15 Apr

4

Viant Technology Inc. (DSP) will acquire TVision to transition advertisers from traditional CPM metrics to attention-based TV measurement, enhancing ad effectiveness and competitiveness in connected TV advertising. Acquiring TVision enables Viant to pioneer attention-based metrics in TV ads, driving strategic growth and investor interest.

4

Viant Technology Inc. (DSP) announces agreement to acquire TVision, strengthening its AI-powered programmatic platform. Acquisition of TVision enhances Viant's AI-driven ad tech capabilities, positioning it for stronger competitive edge and growth.

stockrow.com/DSP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com