Viant Technology (NASDAQ:DSP) Shares Gap Down – Here’s What Happened

Viant Technology Inc. (NASDAQ:DSP)’s stock price gapped down prior to trading on Tuesday. The stock had previously closed at $14.04, but opened at $12.03. Viant Technology shares last traded at $11.37, with a volume of 206,394 shares changing hands.

More Viant Technology News

Here are the key news stories impacting Viant Technology this week:

• Neutral Sentiment: Viant reported third-quarter revenue of $110.4 million and earnings per share of $0.13. Reports differed on the EPS comparison: one cited a $0.05 consensus estimate, while another cited $0.18, so the quarter’s estimate performance is not clear-cut. Viant Technology Announces Third Quarter 2026 Financial Results
• Negative Sentiment: Fourth-quarter 2026 revenue guidance of $130.5 million–$133.5 million is below the $140.4 million consensus estimate, signaling weaker near-term revenue expectations. Viant Technology Provides Fourth-Quarter and Fiscal-Year 2026 Guidance
• Negative Sentiment: Full-year 2026 revenue guidance of $435 million also trails the $442.4 million consensus, reinforcing concerns about growth relative to expectations. Viant Technology Provides Fourth-Quarter and Fiscal-Year 2026 Guidance

Analysts Set New Price Targets

A number of equities analysts have commented on DSP shares. Rosenblatt Securities upped their price objective on shares of Viant Technology from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. Citigroup restated a “market outperform” rating on shares of Viant Technology in a research note on Tuesday, August 11th. DA Davidson raised shares of Viant Technology to a “strong-buy” rating in a report on Monday, October 5th. Citizens Jmp boosted their price target on shares of Viant Technology from $16.00 to $17.00 and gave the stock a “market outperform” rating in a research note on Tuesday, August 11th. Finally, UBS Group increased their price target on shares of Viant Technology from $17.00 to $19.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $18.33.

Viant Technology Stock Performance

The firm has a fifty day moving average price of $12.86 and a 200 day moving average price of $11.80. The firm has a market capitalization of $747.72 million, a price-to-earnings ratio of 36.00 and a beta of 1.16.

Viant Technology (NASDAQ:DSP) last posted its quarterly earnings results on Monday, November 9th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.08. Viant Technology had a return on equity of 4.23% and a net margin of 2.24%. The firm had revenue of $110.43 million for the quarter, compared to the consensus estimate of $66.16 million. Research analysts predict that Viant Technology Inc. will post -0.59 earnings per share for the current fiscal year.

Insider Activity at Viant Technology

In other Viant Technology news, CFO Larry Madden sold 20,711 shares of the business’s stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $13.14, for a total transaction of $272,142.54. Following the sale, the chief financial officer directly owned 322,000 shares in the company, valued at approximately $4,231,080. The trade was a 6.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 52,355 shares of company stock worth $662,193. 29.43% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Viant Technology

Institutional investors and hedge funds have recently made changes to their positions in the business. Punch & Associates Investment Management Inc. raised its position in Viant Technology by 16.4% during the first quarter. Punch & Associates Investment Management Inc. now owns 1,347,163 shares of the company’s stock worth $15,088,000 after acquiring an additional 190,248 shares during the last quarter. Globeflex Capital L P purchased a new position in shares of Viant Technology during the 2nd quarter worth approximately $1,316,000. Bank of New York Mellon Corp acquired a new position in shares of Viant Technology during the 2nd quarter worth approximately $609,000. Royce & Associates LP raised its position in shares of Viant Technology by 29.9% during the 3rd quarter. Royce & Associates LP now owns 1,392,004 shares of the company’s stock worth $17,136,000 after purchasing an additional 320,781 shares during the last quarter. Finally, Ritholtz Wealth Management acquired a new position in shares of Viant Technology during the 3rd quarter worth approximately $432,000. 11.38% of the stock is currently owned by hedge funds and other institutional investors.

About Viant Technology

Viant Technology Inc is an advertising technology company that provides software and services for planning, buying, and measuring digital advertising campaigns. Its platform enables advertisers and agencies to purchase advertising across channels such as connected television, streaming video, display, mobile, audio, and digital out-of-home media.

The company’s solutions are designed to support automated, data-driven media buying, audience targeting, campaign optimization, and performance measurement.