DoubleVerify (DV) Stock Forecast, Price Target & Predictions
DV Stock Forecast
DoubleVerify stock forecast is as follows: an average price target of $30.64 (represents a 58.51% upside from DV’s last price of $19.33) 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 $30.64 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $47.00 to $19.00. This represents a potential 58.51% upside from DV's last price of $19.33.
DV Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 07, 2024 | Yun Kim | Loop Capital Markets | $24.00 | $18.30 | 31.11% | 24.16% |
| Oct 14, 2024 | Mark Kelley | Stifel Nicolaus | $22.00 | $17.00 | 29.41% | 13.81% |
| Oct 11, 2024 | Tim Nollen | Macquarie | $19.00 | $16.88 | 12.59% | -1.71% |
| Sep 20, 2024 | Laura Martin | Needham | $22.00 | $17.06 | 28.96% | 13.81% |
| Sep 18, 2024 | Youssef Squali | Truist Financial | $26.00 | $17.16 | 51.52% | 34.51% |
| Sep 11, 2024 | Michael Graham | Canaccord Genuity | $36.00 | $17.78 | 102.47% | 86.24% |
| Jul 31, 2024 | Eric Sheridan | Goldman Sachs | $28.00 | $21.58 | 29.75% | 44.85% |
| Jul 23, 2024 | Matthew Cost | Morgan Stanley | $22.00 | $20.25 | 8.64% | 13.81% |
| Jul 08, 2024 | Matt Farrell | Piper Sandler | $30.00 | $20.27 | 48.00% | 55.20% |
| Jun 14, 2024 | Matthew Swanson | RBC Capital | $40.00 | $18.59 | 115.23% | 106.93% |
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 24.16% increase from DV last price ($19.33).
DoubleVerify Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 6 | 13 |
| Avg Price Target | $24.00 | $24.83 | $28.69 |
| Last Closing Price | $19.33 | $19.33 | $19.33 |
| Upside/Downside | 24.16% | 28.45% | 48.42% |
In the current month, the average price target of DoubleVerify stock is $24.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 24.16% increase as opposed to DoubleVerify's last price of $19.33. This month's average price target is down -3.34% compared to last quarter, and down -16.35% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 07, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Oct 28, 2024 | Wells Fargo | Buy | Underweight | Initialise |
| Oct 11, 2024 | Needham | Buy | Buy | Hold |
| Oct 11, 2024 | Morgan Stanley | Underperform | Underperform | Hold |
| Oct 11, 2024 | Macquarie | Outperform | Outperform | Hold |
| Sep 20, 2024 | Needham | Buy | Buy | Hold |
| Sep 12, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Sep 11, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| Jul 31, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Jul 23, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 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 | $255.37M | $219.60M | $201.87M | $183.41M | $223.24M | $191.63M | $176.10M | $160.02M | $196.99M | $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 | $260.95M | $224.40M | $206.28M | $187.42M | $228.12M | $195.82M | $179.94M | $162.19M | $197.79M | $168.90M | $153.78M | $138.47M | $172.85M | $139.55M | $136.30M | $120.71M | $135.70M | $109.23M | $101.99M | $89.83M | $105.50M | $81.80M | $73.21M | $66.23M |
| Low Forecast | $250.57M | $215.47M | $198.07M | $179.96M | $219.04M | $188.03M | $172.78M | $157.37M | $196.28M | $168.86M | $153.78M | $138.32M | $169.90M | $139.14M | $130.88M | $115.91M | $130.30M | $109.23M | $101.99M | $89.83M | $105.50M | $81.80M | $73.21M | $66.23M |
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 12 | 6 | 7 | 11 | 14 | 7 | 13 | 7 | 6 | 6 | 8 | 6 | 7 | 11 | 7 | 13 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 12 | 6 | 7 | 11 | 14 | 7 | 13 | 7 | 6 | 6 | 8 | 6 | 7 | 11 | 7 | 13 |
| 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 | $58.94M | $50.69M | $46.59M | $42.33M | $51.53M | $44.23M | $40.64M | $36.93M | $45.47M | $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 | $60.23M | $51.79M | $47.61M | $43.26M | $52.65M | $45.20M | $41.53M | $37.43M | $45.65M | $38.98M | $35.49M | $31.96M | $39.89M | $32.21M | $31.46M | $27.86M | $31.32M | $24.90M | $23.25M | $7.82M | $24.05M | $18.65M | $16.69M | $25.41M |
| Low Forecast | $57.83M | $49.73M | $45.71M | $41.54M | $50.56M | $43.40M | $39.88M | $36.32M | $45.30M | $38.97M | $35.49M | $31.92M | $39.21M | $32.11M | $30.21M | $26.75M | $30.07M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 12 | 6 | 7 | 11 | 14 | 7 | 13 | 7 | 6 | 6 | 8 | 6 | 7 | 11 | 7 | 13 |
| 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 | $61.25M | $46.96M | $38.26M | $31.50M | $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 | $64.98M | $50.08M | $40.54M | $32.79M | $62.99M | $48.29M | $39.35M | $32.39M | $61.06M | $36.00M | $28.66M | $23.36M | $46.69M | $24.40M | $26.83M | $17.46M | $33.21M | $21.12M | $17.53M | $3.02M | $27.92M | $15.62M | $9.92M | $9.03M |
| Low Forecast | $61.64M | $47.50M | $38.46M | $31.10M | $59.76M | $45.81M | $37.32M | $26.25M | $45.80M | $35.30M | $28.58M | $22.16M | $34.24M | $23.47M | $25.45M | $16.56M | $31.51M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 12 | 6 | 7 | 11 | 14 | 7 | 13 | 7 | 6 | 6 | 8 | 6 | 7 | 11 | 7 | 13 |
| 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 | $106.83M | $91.87M | $84.45M | $76.73M | $93.39M | $80.17M | $73.67M | $66.94M | $82.41M | $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 | $109.17M | $93.88M | $86.29M | $78.40M | $95.43M | $81.92M | $75.28M | $67.85M | $82.74M | $70.66M | $64.33M | $57.93M | $72.31M | $58.38M | $57.02M | $50.50M | $56.77M | $45.61M | $42.59M | $30.60M | $44.05M | $34.16M | $30.57M | $43.79M |
| Low Forecast | $104.82M | $90.14M | $82.86M | $75.28M | $91.63M | $78.66M | $72.28M | $65.83M | $82.11M | $70.64M | $64.33M | $57.86M | $71.07M | $58.21M | $54.75M | $48.49M | $54.51M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 12 | 6 | 7 | 11 | 14 | 7 | 13 | 7 | 6 | 6 | 8 | 6 | 7 | 11 | 7 | 13 |
| 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 | $0.23 | $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 | $0.10 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $3.07 | $13.75 | 347.88% | Buy |
| LAW | CS Disco | $5.44 | $24.14 | 343.75% | Hold |
| DV | DoubleVerify | $19.33 | $30.64 | 58.51% | Buy |
| BRZE | Braze | $36.02 | $55.77 | 54.83% | Buy |
| BL | BlackLine | $58.53 | $88.50 | 51.20% | Buy |
| CXM | Sprinklr | $7.82 | $10.79 | 37.98% | Buy |
| ALKT | Alkami | $37.75 | $45.67 | 20.98% | Buy |
| PCTY | Paylocity | $195.28 | $218.64 | 11.96% | Buy |
| ENV | Envestnet | $63.09 | $67.86 | 7.56% | Hold |
| MNDY | monday | $260.15 | $279.31 | 7.36% | Buy |
| DDOG | Datadog | $135.45 | $145.31 | 7.28% | Buy |
| ANSS | ANSYS | $342.24 | $359.60 | 5.07% | Buy |
| AZPN | Aspen | $245.30 | $254.40 | 3.71% | Buy |
| MANH | Manhattan Associates | $271.56 | $276.57 | 1.84% | Buy |
| SMAR | Smartsheet | $55.94 | $56.59 | 1.16% | Hold |
| CWAN | Clearwater Analytics | $30.90 | $28.50 | -7.77% | Buy |
| CDNS | Cadence Design Systems | $304.01 | $276.07 | -9.19% | Buy |
| BLKB | Blackbaud | $83.02 | $74.33 | -10.47% | Buy |
| VERX | Vertex | $52.31 | $46.67 | -10.78% | Buy |
| HUBS | HubSpot | $694.48 | $599.36 | -13.70% | Buy |
| GWRE | Guidewire Software | $197.23 | $164.70 | -16.49% | Buy |