DoubleVerify (DV) Stock Forecast, Price Target & Predictions


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DV Stock Forecast


DoubleVerify stock forecast is as follows: an average price target of $25.44 (represents a 29.20% upside from DV’s last price of $19.69) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

DV Price Target


The average price target for DoubleVerify (DV) is $25.44 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $36.00 to $19.00. This represents a potential 29.20% upside from DV's last price of $19.69.

DV Analyst Ratings


Buy

According to 14 Wall Street analysts, DoubleVerify's rating consensus is 'Buy'. The analyst rating breakdown for DV stock is 0 'Strong Buy' (0.00%), 11 'Buy' (78.57%), 2 'Hold' (14.29%), 1 'Sell' (7.14%), and 0 'Strong Sell' (0.00%).

DoubleVerify Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 07, 2024Yun KimLoop Capital Markets$24.00$18.3031.11%21.89%
Oct 14, 2024Mark KelleyStifel Nicolaus$22.00$17.0029.41%11.73%
Oct 11, 2024Tim NollenMacquarie$19.00$16.8812.59%-3.50%
Sep 20, 2024Laura MartinNeedham$22.00$17.0628.96%11.73%
Sep 18, 2024Youssef SqualiTruist Financial$26.00$17.1651.52%32.05%
Sep 11, 2024Michael GrahamCanaccord Genuity$36.00$17.78102.47%82.83%
Jul 31, 2024Eric SheridanGoldman Sachs$28.00$21.5829.75%42.20%
Jul 23, 2024Matthew CostMorgan Stanley$22.00$20.258.64%11.73%
Jul 08, 2024Matt FarrellPiper Sandler$30.00$20.2748.00%52.36%
Jun 14, 2024Matthew SwansonRBC Capital$40.00$18.59115.23%103.15%
May 14, 2024Tim NollenMacquarie$25.00$19.2130.14%26.97%
May 06, 2024Justin PattersonKeyBanc$39.00$30.7726.75%98.07%
Mar 11, 2024Tim NollenMacquarie$40.00$32.1924.26%103.15%
Aug 01, 2023Justin PattersonKeyBanc$45.00$35.9025.35%128.54%
Aug 01, 2023Youssef SqualiTruist Financial$45.00$35.9025.35%128.54%
Aug 01, 2023Mark KelleyStifel Nicolaus$44.00$35.9022.56%123.46%
Aug 01, 2023Matthew HedbergRBC Capital$48.00$35.9033.70%143.78%
Jul 17, 2023Andrew BooneJMP Securities$45.00$39.9612.61%128.54%
Jul 12, 2023Nicholas ZanglerStephens$47.00$40.1916.96%138.70%
Jun 16, 2023Laura MartinNeedham$45.00$36.8122.25%128.54%
Jan 10, 2023Raimo LenschowBarclays$29.00$22.9126.58%47.28%

The latest DoubleVerify stock forecast, released on Nov 07, 2024 by Yun Kim from Loop Capital Markets, set a price target of $24.00, which represents a 31.11% increase from the stock price at the time of the forecast ($18.30), and a 21.89% increase from DV last price ($19.69).

DoubleVerify Price Target by Period


1M3M12M
# Anlaysts-513
Avg Price Target-$22.60$28.69
Last Closing Price$19.69$19.69$19.69
Upside/Downside-100.00%14.78%45.71%

In the current month, the average price target of DoubleVerify stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to DoubleVerify's last price of $19.69. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Nov 07, 2024Loop Capital MarketsBuyBuyHold
Oct 28, 2024Wells FargoBuyUnderweightInitialise
Oct 11, 2024NeedhamBuyBuyHold
Oct 11, 2024Morgan StanleyUnderperformUnderperformHold
Oct 11, 2024MacquarieOutperformOutperformHold
Sep 20, 2024NeedhamBuyBuyHold
Sep 12, 2024Goldman SachsBuyBuyHold
Sep 11, 2024Canaccord GenuityBuyBuyHold
Jul 31, 2024Goldman SachsBuyBuyHold
Jul 23, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 16, 2024Piper SandlerUnderperformUnderperformHold
Jul 16, 2024RBC CapitalBuyBuyHold
Jul 08, 2024Piper SandlerOverweightOverweightHold
Jun 25, 2024Morgan StanleyUnderperformEqual-WeightDowngrade
Jun 14, 2024RBC CapitalBuyBuyHold
Jun 14, 2024Piper SandlerUnderperformUnderperformHold
Jun 14, 2024RBC CapitalOutperformOutperformHold
May 14, 2024MacquarieOutperformOutperformHold
May 09, 2024BMO CapitalOutperformOutperformHold
May 08, 2024KeyBancOverweightSector WeightDowngrade
May 06, 2024Wells FargoBuyBuyHold
May 06, 2024RBC CapitalUnderperformUnderperformHold
May 06, 2024KeyBancOverweightOverweightHold
Mar 11, 2024MacquarieOutperformUpgrade
Feb 26, 2024NeedhamMarket OutperformMarket OutperformHold
Jan 12, 2024BarclaysOverweightOverweightHold
Jan 09, 2024Morgan StanleyUnderperformUnderperformHold
Jan 09, 2024NeedhamBuyBuyHold
Oct 13, 2023HSBCBuyInitialise
Oct 13, 2023StephensOverweightEqual-WeightInitialise
Oct 13, 2023Raymond JamesOutperformInitialise
Aug 01, 2023RBC CapitalOutperformOutperformHold
Aug 01, 2023JMP SecuritiesMarket OutperformMarket OutperformHold
Aug 01, 2023KeyBancOverweightOverweightHold
Jul 12, 2023StephensOverweightInitialise
Jun 16, 2023NeedhamBuyBuyHold
Mar 22, 2023KeyBancOverweightUpgrade
Jan 10, 2023BarclaysOverweightUpgrade
Feb 23, 2022BMO CapitalOutperformInitialise

DoubleVerify's last stock rating was published by Loop Capital Markets on Nov 07, 2024. The company gave DV a "Buy" rating, the same as its previous rate.

DoubleVerify Financial Forecast


DoubleVerify Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Revenue-------------$143.97M$133.74M$122.59M$133.64M$112.25M$109.81M$96.72M$105.53M$83.10M$76.52M$67.59M
Avg Forecast$248.32M$226.10M$205.12M$186.64M$220.94M$193.22M$176.39M$160.30M$196.98M$168.88M$153.78M$138.39M$171.85M$139.35M$133.39M$118.13M$132.80M$109.23M$101.99M$89.83M$105.50M$81.80M$73.21M$66.23M
High Forecast$252.67M$230.07M$208.72M$189.91M$224.81M$196.60M$179.48M$162.46M$197.77M$168.90M$153.78M$138.47M$172.85M$139.55M$135.72M$120.20M$135.12M$109.23M$101.99M$89.83M$105.50M$81.80M$73.21M$66.23M
Low Forecast$242.61M$220.91M$200.41M$182.35M$215.86M$188.78M$172.34M$157.63M$196.27M$168.86M$153.78M$138.32M$169.90M$139.14M$130.32M$115.41M$129.74M$109.23M$101.99M$89.83M$105.50M$81.80M$73.21M$66.23M
# Analysts10755854111267111471376686711713
Surprise %-------------1.03%1.00%1.04%1.01%1.03%1.08%1.08%1.00%1.02%1.05%1.02%

DoubleVerify's average Quarter revenue forecast for Dec 23 based on 14 analysts is $171.85M, with a low forecast of $169.90M, and a high forecast of $172.85M. DV's average Quarter revenue forecast represents a 19.36% increase compared to the company's last Quarter revenue of $143.97M (Sep 23).

DoubleVerify EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts10755854111267111471376686711713
EBITDA-------------$30.57M$26.80M$26.92M$39.15M$22.25M$21.34M$11.85M$16.70M$18.94M$-2.53M$15.88M
Avg Forecast$57.31M$52.19M$47.34M$43.08M$50.99M$44.60M$40.71M$37.00M$45.46M$38.98M$35.49M$31.94M$39.66M$32.16M$30.79M$27.26M$30.65M$24.90M$23.25M$6.52M$24.05M$18.65M$16.69M$21.18M
High Forecast$58.32M$53.10M$48.17M$43.83M$51.89M$45.38M$41.43M$37.50M$45.65M$38.98M$35.49M$31.96M$39.89M$32.21M$31.33M$27.74M$31.19M$24.90M$23.25M$7.82M$24.05M$18.65M$16.69M$25.41M
Low Forecast$56.00M$50.99M$46.26M$42.09M$49.82M$43.57M$39.78M$36.38M$45.30M$38.97M$35.49M$31.92M$39.21M$32.11M$30.08M$26.64M$29.95M$24.90M$23.25M$5.22M$24.05M$18.65M$16.69M$16.94M
Surprise %-------------0.95%0.87%0.99%1.28%0.89%0.92%1.82%0.69%1.02%-0.15%0.75%

14 analysts predict DV's average Quarter EBITDA for Dec 23 to be $39.66M, with a high of $39.89M and a low of $39.21M. This is 29.72% upper than DoubleVerify's previous annual EBITDA (Sep 23) of $30.57M.

DoubleVerify Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts10755854111267111471376686711713
Net Income-------------$13.35M$12.84M$12.18M$18.07M$10.33M$10.29M$4.58M$28.31M$7.92M$-12.57M$5.64M
Avg Forecast$63.19M$48.70M$39.42M$31.88M$61.33M$47.01M$38.09M$31.52M$54.96M$35.65M$28.62M$22.71M$40.47M$23.93M$26.09M$16.97M$32.30M$21.12M$17.53M$2.52M$27.92M$15.62M$9.92M$7.53M
High Forecast$64.63M$49.80M$40.32M$32.61M$62.73M$48.08M$38.95M$32.23M$61.06M$36.00M$28.66M$23.23M$46.69M$24.40M$26.68M$17.36M$33.03M$21.12M$17.53M$3.02M$27.92M$15.62M$9.92M$9.03M
Low Forecast$61.30M$47.24M$38.24M$30.93M$59.50M$45.61M$36.95M$26.26M$45.80M$35.30M$28.58M$22.04M$34.24M$23.47M$25.31M$16.47M$31.33M$21.12M$17.53M$2.01M$27.92M$15.62M$9.92M$6.02M
Surprise %-------------0.56%0.49%0.72%0.56%0.49%0.59%1.82%1.01%0.51%-1.27%0.75%

DoubleVerify's average Quarter net income forecast for Dec 23 is $40.47M, with a range of $34.24M to $46.69M. DV's average Quarter net income forecast represents a 203.18% increase compared to the company's last Quarter net income of $13.35M (Sep 23).

DoubleVerify SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts10755854111267111471376686711713
SG&A-------------$56.25M$51.29M$45.90M$46.95M$46.51M$46.26M$46.36M$45.72M$34.00M$51.60M$27.37M
Avg Forecast$103.88M$94.59M$85.81M$78.08M$92.43M$80.83M$73.79M$67.06M$82.40M$70.65M$64.33M$57.90M$71.89M$58.29M$55.80M$49.42M$55.55M$45.61M$42.59M$25.50M$44.05M$34.16M$30.57M$36.49M
High Forecast$105.70M$96.25M$87.31M$79.45M$94.05M$82.25M$75.08M$67.97M$82.73M$70.66M$64.33M$57.93M$72.31M$58.38M$56.78M$50.28M$56.53M$45.61M$42.59M$30.60M$44.05M$34.16M$30.57M$43.79M
Low Forecast$101.49M$92.41M$83.84M$76.29M$90.30M$78.97M$72.10M$65.94M$82.11M$70.64M$64.33M$57.86M$71.07M$58.21M$54.52M$48.28M$54.28M$45.61M$42.59M$20.40M$44.05M$34.16M$30.57M$29.19M
Surprise %-------------0.96%0.92%0.93%0.85%1.02%1.09%1.82%1.04%1.00%1.69%0.75%

DoubleVerify's average Quarter SG&A projection for Dec 23 is $71.89M, based on 14 Wall Street analysts, with a range of $71.07M to $72.31M. The forecast indicates a 27.80% rise compared to DV last annual SG&A of $56.25M (Sep 23).

DoubleVerify EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts10755854111267111471376686711713
EPS-------------$0.08$0.08$0.07$0.11$0.06$0.06$0.03$0.18$0.05$-0.08$0.04
Avg Forecast$0.36$0.28$0.23$0.18$0.35$0.27$0.22$0.18$0.32$0.20$0.16$0.13$0.23$0.14$0.15$0.10$0.19$0.12$0.10$0.08$0.16$0.09$0.06$0.06
High Forecast$0.37$0.29$0.23$0.19$0.36$0.28$0.22$0.19$0.35$0.21$0.16$0.13$0.27$0.14$0.15$0.10$0.19$0.12$0.10$0.08$0.16$0.09$0.06$0.06
Low Forecast$0.35$0.27$0.22$0.18$0.34$0.26$0.21$0.15$0.26$0.20$0.16$0.13$0.20$0.13$0.15$0.09$0.18$0.12$0.10$0.08$0.16$0.09$0.06$0.06
Surprise %-------------0.58%0.51%0.72%0.59%0.50%0.60%0.37%1.13%0.56%-1.42%0.57%

According to 14 Wall Street analysts, DoubleVerify's projected average Quarter EPS for Dec 23 is $0.23, with a low estimate of $0.20 and a high estimate of $0.27. This represents a 193.79% increase compared to DV previous annual EPS of $0.08 (Sep 23).

DoubleVerify Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DVDoubleVerify$19.95$25.4427.52%Buy
MNDYmonday$251.80$296.2517.65%Buy
ALKTAlkami$39.10$45.6716.80%Buy
BRZEBraze$44.75$51.2914.61%Buy
BLKBBlackbaud$77.68$87.5012.64%Buy
AZPNAspen$249.25$274.009.93%Buy
CWANClearwater Analytics$29.55$31.336.02%Buy
ANSSANSYS$343.07$359.604.82%Buy
GWREGuidewire Software$172.49$180.574.68%Buy
CDNSCadence Design Systems$311.35$322.503.58%Buy
CXMSprinklr$9.30$9.603.23%Buy
LAWCS Disco$5.90$6.001.69%Hold
SMARSmartsheet$55.96$56.641.22%Hold
MANHManhattan Associates$295.06$297.670.88%Buy
PCTYPaylocity$203.08$197.33-2.83%Buy
DDOGDatadog$156.91$148.25-5.52%Buy
VERXVertex$53.46$50.40-5.72%Buy
BLBlackLine$64.46$60.75-5.76%Buy
HUBSHubSpot$741.67$671.25-9.49%Buy
EXFYExpensify$3.86$2.50-35.23%Buy

DV Forecast FAQ


Is DoubleVerify a good buy?

Yes, according to 14 Wall Street analysts, DoubleVerify (DV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 78.57% of DV's total ratings.

What is DV's price target?

DoubleVerify (DV) average price target is $25.44 with a range of $19 to $36, implying a 29.20% from its last price of $19.69. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will DoubleVerify stock go up soon?

According to Wall Street analysts' prediction for DV stock, the company can go up by 29.20% (from the last price of $19.69 to the average price target of $25.44), up by 82.83% based on the highest stock price target, and down by -3.50% based on the lowest stock price target.

Can DoubleVerify stock reach $30?

DV's highest twelve months analyst stock price target of $36 supports the claim that DoubleVerify can reach $30 in the near future.

What are DoubleVerify's analysts' financial forecasts?

DoubleVerify's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $750.84M (high $763.36M, low $734.61M), average EBITDA is $173.3M (high $176.19M, low $169.55M), average net income is $177.95M (high $182M, low $168.32M), average SG&A $314.11M (high $319.34M, low $307.32M), and average EPS is $1.02 (high $1.05, low $0.968). DV's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $866.19M (high $881.37M, low $846.28M), average EBITDA is $199.92M (high $203.42M, low $195.33M), average net income is $183.19M (high $187.36M, low $177.71M), average SG&A $362.36M (high $368.71M, low $354.03M), and average EPS is $1.05 (high $1.08, low $1.02).

Did the DV's actual financial results beat the analysts' financial forecasts?

Based on DoubleVerify's last annual report (Dec 2022), the company's revenue was $452.42M, beating the average analysts forecast of $433.85M by 4.28%. Apple's EBITDA was $94.6M, beating the average prediction of $85.31M by 10.89%. The company's net income was $43.27M, missing the average estimation of $73.46M by -41.10%. Apple's SG&A was $186.08M, beating the average forecast of $169.25M by 9.94%. Lastly, the company's EPS was $0.26, missing the average prediction of $0.487 by -46.56%. In terms of the last quarterly report (Sep 2023), DoubleVerify's revenue was $143.97M, beating the average analysts' forecast of $139.35M by 3.32%. The company's EBITDA was $30.58M, missing the average prediction of $32.16M by -4.93%. DoubleVerify's net income was $13.35M, missing the average estimation of $23.93M by -44.23%. The company's SG&A was $56.25M, missing the average forecast of $58.29M by -3.50%. Lastly, the company's EPS was $0.0792, missing the average prediction of $0.138 by -42.45%