DoubleVerify Reports First Quarter 2024 Financial Results

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Reddit (RDDT) PT Raised to $63 at Needham, Adding to Conviction List and Replacing DoubleVerify

May 8, 2024 6:56 AM EDT

Needham analyst Laura Martin raised the price target on Reddit (NYSE: RDDT) to $63.00 (from $55.00) while maintaining a Buy rating.

The analyst comments "We are adding RDDT to the Conviction List (replaces DV) and increasing our PT to $63/share (from $55) based on strong... More

DoubleVerify (DV) PT Lowered to $25 at Stifel

May 8, 2024 6:37 AM EDT

Stifel analyst Mark Kelley lowered the price target on DoubleVerify (NYSE: DV) to $25.00 (from $37.00) while maintaining a Buy rating.

The analyst comments "DV's solid 1Q performance was overshadowed by lowered 2Q/FY24 guidance, which once again was due almost entirely (~85%) to continued... More

DoubleVerify (DV) PT Lowered to $40 at RBC Capital

May 8, 2024 6:24 AM EDT

RBC Capital analyst Matthew Swanson lowered the price target on DoubleVerify (NYSE: DV) to $40.00 (from $49.00) while maintaining a Outperform rating.

The analyst comments "DoubleVerify delivered a solid start to the year, outperforming the highend of guidance that was lowered for activation headwinds from a... More

DoubleVerify Holdings Inc. (DV) Misses Q1 EPS by 8c, Offers Guidance

May 7, 2024 4:17 PM EDT

DoubleVerify Holdings Inc. (NYSE: DV) reported Q1 EPS of $0.04, $0.08 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $140.8 million versus the consensus estimate of $138.25 million.

GUIDANCE:

DoubleVerify Holdings Inc. sees Q2 2024 revenue of $152-156 million, versus the... More