Datavault AI (NASDAQ:DVLT) Trading Down 2.8% – Here’s What Happened

Datavault AI Inc. (NASDAQ:DVLT)’s share price dropped 2.8% during mid-day trading on Wednesday . The company traded as low as $0.43 and last traded at $0.4391. Approximately 57,869,286 shares were traded during trading, a decline of 3% from the average daily volume of 59,583,250 shares. The stock had previously closed at $0.4516.

Analysts Set New Price Targets

DVLT has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Datavault AI in a research note on Friday, April 24th. Maxim Group dropped their price target on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. Finally, Wall Street Zen upgraded shares of Datavault AI from a “strong sell” rating to a “hold” rating in a research note on Saturday, March 21st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Datavault AI presently has a consensus rating of “Hold” and a consensus target price of $3.00.

Datavault AI Stock Down 2.8%

The company has a debt-to-equity ratio of 0.02, a current ratio of 4.62 and a quick ratio of 5.29. The firm’s 50-day simple moving average is $0.66 and its two-hundred day simple moving average is $0.99. The company has a market capitalization of $306.70 million, a price-to-earnings ratio of -0.48 and a beta of 0.34.

Datavault AI (NASDAQ:DVLT) last issued its earnings results on Wednesday, March 18th. The company reported $0.53 earnings per share for the quarter. Datavault AI had a negative net margin of 292.68% and a negative return on equity of 64.71%. The company had revenue of $33.82 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp grew its position in Datavault AI by 51,505.4% during the fourth quarter. State Street Corp now owns 10,064,089 shares of the company’s stock worth $6,563,000 after buying an additional 10,044,587 shares during the period. Jane Street Group LLC acquired a new position in Datavault AI during the fourth quarter worth about $2,923,000. Anson Funds Management LP acquired a new position in Datavault AI during the third quarter worth about $3,218,000. Themes Management Co LLC acquired a new position in Datavault AI during the first quarter worth about $1,223,000. Finally, Vanguard Group Inc. acquired a new position in Datavault AI during the third quarter worth about $1,294,000. 0.66% of the stock is currently owned by institutional investors and hedge funds.

About Datavault AI

Datavault AI Inc, a data sciences technology company, owns and operates data management and supercomputer platforms. It offers data technology and software solutions. The company was formerly known as WiSA Technologies, Inc and changed its name to Datavault AI Inc in February 2025. Datavault AI Inc was incorporated in 2010 and is headquartered in Beaverton, Oregon.