DoubleVerify (DV) Stock Forecast, Price Target & Predictions
DV Stock Forecast
DoubleVerify stock forecast is as follows: an average price target of $36.54 (represents a 109.76% upside from DV’s last price of $17.42) 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 $36.54 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 $22.00. This represents a potential 109.76% upside from DV's last price of $17.42.
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%), 3 'Hold' (21.43%), 0 'Sell' (0.00%), 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 |
|---|---|---|---|---|---|---|
| Sep 11, 2024 | Michael Graham | Canaccord Genuity | $36.00 | $17.78 | 102.47% | 106.66% |
| Jul 31, 2024 | Eric Sheridan | Goldman Sachs | $28.00 | $21.58 | 29.75% | 60.73% |
| Jul 23, 2024 | Matthew Cost | Morgan Stanley | $22.00 | $20.25 | 8.64% | 26.29% |
| Jul 08, 2024 | Matt Farrell | Piper Sandler | $30.00 | $20.27 | 48.00% | 72.22% |
| Jun 14, 2024 | Matthew Swanson | RBC Capital | $40.00 | $18.59 | 115.23% | 129.62% |
| May 14, 2024 | Tim Nollen | Macquarie | $25.00 | $19.21 | 30.14% | 43.51% |
| May 06, 2024 | Justin Patterson | KeyBanc | $39.00 | $30.77 | 26.75% | 123.88% |
| Mar 11, 2024 | Tim Nollen | Macquarie | $40.00 | $32.19 | 24.26% | 129.62% |
| Aug 01, 2023 | Youssef Squali | Truist Financial | $45.00 | $35.90 | 25.35% | 158.32% |
| Aug 01, 2023 | Matthew Hedberg | RBC Capital | $48.00 | $35.90 | 33.70% | 175.55% |
The latest DoubleVerify stock forecast, released on Sep 11, 2024 by Michael Graham from Canaccord Genuity, set a price target of $36.00, which represents a 102.47% increase from the stock price at the time of the forecast ($17.78), and a 106.66% increase from DV last price ($17.42).
DoubleVerify Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 4 | 8 |
| Avg Price Target | $36.00 | $29.00 | $32.50 |
| Last Closing Price | $17.42 | $17.42 | $17.42 |
| Upside/Downside | 106.66% | 66.48% | 86.57% |
In the current month, the average price target of DoubleVerify stock is $36.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 106.66% increase as opposed to DoubleVerify's last price of $17.42. This month's average price target is up 24.14% compared to last quarter, and up 10.77% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Jul 16, 2024 | RBC Capital | Buy | Buy | Hold |
| Jul 16, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Jul 08, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jun 25, 2024 | Morgan Stanley | Underperform | Equal-Weight | Downgrade |
| Jun 14, 2024 | RBC Capital | Buy | Buy | Hold |
| Jun 14, 2024 | Piper Sandler | Underperform | Underperform | Hold |
DoubleVerify's last stock rating was published by Goldman Sachs on Sep 12, 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $143.97M | $133.74M | $122.59M | $133.64M | $112.25M | - | $96.72M | $105.53M | $83.10M | $76.52M | $67.59M |
| Avg Forecast | $290.00M | $237.62M | $217.88M | $197.79M | $239.67M | $199.62M | $185.49M | $169.19M | $205.40M | $168.93M | $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 | $291.75M | $239.06M | $219.19M | $198.98M | $241.12M | $200.83M | $186.61M | $170.21M | $206.64M | $169.86M | $154.71M | $139.23M | $172.85M | $140.19M | $134.19M | $118.84M | $133.60M | $109.89M | $101.99M | $93.17M | $109.42M | $84.85M | $75.93M | $68.69M |
| Low Forecast | $288.32M | $236.25M | $216.61M | $196.64M | $238.28M | $198.47M | $184.41M | $168.21M | $204.21M | $168.16M | $152.89M | $137.59M | $169.90M | $138.54M | $132.61M | $117.44M | $132.03M | $108.60M | $101.99M | $86.50M | $101.59M | $78.77M | $70.50M | $63.77M |
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 11 | 14 | 7 | 13 | 7 | 6 | 6 | 9 | 6 | 6 | 6 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.00% | 1.04% | 1.01% | 1.03% | - | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 11 | 14 | 7 | 13 | 7 | 6 | 6 | 9 | 6 | 6 | 6 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.57M | $26.80M | $26.92M | $39.15M | $22.25M | - | $11.85M | $16.70M | $18.94M | $-2.53M | $15.88M |
| Avg Forecast | $66.10M | $54.16M | $49.66M | $45.08M | $54.63M | $45.50M | $42.28M | $38.56M | $46.82M | $38.50M | $35.05M | $31.54M | $39.17M | $31.76M | $30.40M | $26.93M | $30.27M | $26.78M | $23.25M | $6.52M | $24.05M | $24.35M | $-2.79M | $21.18M |
| High Forecast | $66.50M | $54.49M | $49.96M | $45.35M | $54.96M | $45.78M | $42.53M | $38.80M | $47.10M | $38.72M | $35.26M | $31.73M | $39.40M | $31.95M | $30.59M | $27.09M | $30.45M | $32.14M | $23.25M | $7.82M | $24.94M | $29.22M | $-2.23M | $25.41M |
| Low Forecast | $65.72M | $53.85M | $49.37M | $44.82M | $54.31M | $45.24M | $42.03M | $38.34M | $46.55M | $38.33M | $34.85M | $31.36M | $38.72M | $31.58M | $30.23M | $26.77M | $30.09M | $21.42M | $23.25M | $5.22M | $23.16M | $19.48M | $-3.34M | $16.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.88% | 1.00% | 1.29% | 0.83% | - | 1.82% | 0.69% | 0.78% | 0.91% | 0.75% |
14 analysts predict DV's average Quarter EBITDA for Dec 23 to be $39.17M, with a high of $39.40M and a low of $38.72M. This is 28.11% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 11 | 14 | 7 | 13 | 7 | 6 | 6 | 9 | 6 | 6 | 6 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.35M | $12.84M | $12.18M | $18.07M | $10.33M | - | $4.58M | $28.31M | $7.92M | $-12.57M | $5.64M |
| Avg Forecast | $75.66M | $51.03M | $43.99M | $35.19M | $60.49M | $42.89M | $37.39M | $31.23M | $52.63M | $35.35M | $28.95M | $22.98M | $40.94M | $24.22M | $26.39M | $17.17M | $32.68M | $11.21M | $17.54M | $2.52M | $27.77M | $10.19M | $-13.82M | $7.53M |
| High Forecast | $76.26M | $51.43M | $44.34M | $35.47M | $60.96M | $43.23M | $37.69M | $31.48M | $53.04M | $40.40M | $29.18M | $23.16M | $47.24M | $24.41M | $26.60M | $17.31M | $32.93M | $13.45M | $17.54M | $3.02M | $29.11M | $12.23M | $-11.06M | $9.03M |
| Low Forecast | $75.09M | $50.64M | $43.66M | $34.93M | $60.03M | $42.57M | $37.11M | $31.00M | $52.23M | $30.30M | $28.74M | $22.81M | $34.64M | $24.03M | $26.20M | $17.04M | $32.43M | $8.97M | $17.54M | $2.01M | $26.43M | $8.15M | $-16.59M | $6.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 0.49% | 0.71% | 0.55% | 0.92% | - | 1.82% | 1.02% | 0.78% | 0.91% | 0.75% |
DoubleVerify's average Quarter net income forecast for Dec 23 is $40.94M, with a range of $34.64M to $47.24M. DV's average Quarter net income forecast represents a 206.76% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 11 | 14 | 7 | 13 | 7 | 6 | 6 | 9 | 6 | 6 | 6 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $56.25M | $51.29M | $45.90M | $46.95M | $46.51M | - | $46.36M | $45.72M | $34.00M | $51.60M | $27.37M |
| Avg Forecast | $121.10M | $99.23M | $90.98M | $82.59M | $100.08M | $83.36M | $77.46M | $70.65M | $85.77M | $70.54M | $64.22M | $57.79M | $71.76M | $58.19M | $55.70M | $49.33M | $55.45M | $48.09M | $42.59M | $25.50M | $44.05M | $43.72M | $56.76M | $36.49M |
| High Forecast | $121.83M | $99.83M | $91.53M | $83.09M | $100.69M | $83.86M | $77.92M | $71.08M | $86.29M | $70.93M | $64.60M | $58.14M | $72.18M | $58.54M | $56.04M | $49.63M | $55.79M | $57.71M | $42.59M | $30.60M | $45.69M | $52.46M | $68.11M | $43.79M |
| Low Forecast | $120.40M | $98.65M | $90.45M | $82.11M | $99.50M | $82.88M | $77.01M | $70.24M | $85.27M | $70.22M | $63.84M | $57.45M | $70.95M | $57.85M | $55.38M | $49.04M | $55.13M | $38.47M | $42.59M | $20.40M | $42.42M | $34.98M | $45.41M | $29.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.92% | 0.93% | 0.85% | 0.97% | - | 1.82% | 1.04% | 0.78% | 0.91% | 0.75% |
DoubleVerify's average Quarter SG&A projection for Dec 23 is $71.76M, based on 14 Wall Street analysts, with a range of $70.95M to $72.18M. The forecast indicates a 27.57% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 11 | 14 | 7 | 13 | 7 | 6 | 6 | 9 | 6 | 6 | 6 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.08 | $0.08 | $0.07 | $0.11 | $0.06 | - | $0.03 | $0.18 | $0.05 | $-0.08 | $0.04 |
| Avg Forecast | $0.43 | $0.29 | $0.25 | $0.20 | $0.34 | $0.24 | $0.21 | $0.18 | $0.30 | $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 | $0.43 | $0.29 | $0.25 | $0.20 | $0.35 | $0.25 | $0.21 | $0.18 | $0.30 | $0.23 | $0.17 | $0.13 | $0.27 | $0.14 | $0.15 | $0.10 | $0.19 | $0.12 | $0.10 | $0.09 | $0.17 | $0.09 | $0.06 | $0.07 |
| Low Forecast | $0.43 | $0.29 | $0.25 | $0.20 | $0.34 | $0.24 | $0.21 | $0.18 | $0.30 | $0.17 | $0.16 | $0.13 | $0.20 | $0.14 | $0.15 | $0.10 | $0.18 | $0.12 | $0.10 | $0.08 | $0.15 | $0.08 | $0.05 | $0.06 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | 0.51% | 0.72% | 0.59% | 0.50% | - | 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 | $2.52 | $13.75 | 445.63% | Buy |
| LAW | CS Disco | $5.59 | $26.86 | 380.50% | Hold |
| DV | DoubleVerify | $17.42 | $36.54 | 109.76% | Buy |
| BL | BlackLine | $50.01 | $96.83 | 93.62% | Buy |
| BRZE | Braze | $35.13 | $58.92 | 67.72% | Buy |
| CXM | Sprinklr | $7.94 | $11.13 | 40.18% | Buy |
| PCTY | Paylocity | $159.53 | $215.00 | 34.77% | Buy |
| DDOG | Datadog | $109.26 | $138.49 | 26.75% | Buy |
| HUBS | HubSpot | $491.17 | $595.44 | 21.23% | Buy |
| ALKT | Alkami | $30.17 | $34.50 | 14.35% | Buy |
| ANSS | ANSYS | $318.51 | $359.60 | 12.90% | Buy |
| ENV | Envestnet | $62.62 | $68.52 | 9.42% | Hold |
| SMAR | Smartsheet | $52.22 | $56.69 | 8.56% | Buy |
| MNDY | monday | $255.73 | $269.92 | 5.55% | Buy |
| AZPN | Aspen | $225.21 | $220.00 | -2.31% | Buy |
| VERX | Vertex | $36.24 | $34.33 | -5.27% | Hold |
| CWAN | Clearwater Analytics | $24.01 | $22.50 | -6.29% | Buy |
| CDNS | Cadence Design Systems | $268.72 | $248.90 | -7.38% | Buy |
| GWRE | Guidewire Software | $171.81 | $156.30 | -9.03% | Buy |
| MANH | Manhattan Associates | $263.74 | $229.33 | -13.05% | Buy |
| BLKB | Blackbaud | $84.77 | $48.00 | -43.38% | 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 $36.54 with a range of $22 to $47, implying a 109.76% from its last price of $17.42. 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 109.76% (from the last price of $17.42 to the average price target of $36.54), up by 169.80% based on the highest stock price target, and up by 26.29% based on the lowest stock price target.
Can DoubleVerify stock reach $30?
DV's average twelve months analyst stock price target of $36.54 supports the claim that DoubleVerify can reach $30 in the near future.
What is DoubleVerify's current price target trend?
1 Wall Street analyst forecast a $36 price target for DoubleVerify (DV) this month, up 106.66% from its last price of $17.42. Compared to the last 3 and 12 months, the average price target increased by 66.48% and increased by 86.57%, respectively.
What are DoubleVerify's analysts' financial forecasts?
DoubleVerify's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $793.97M (high $798.76M, low $789.36M), average EBITDA is $180.97M (high $182.06M, low $179.92M), average net income is $172M (high $173.35M, low $170.71M), average SG&A $331.55M (high $333.55M, low $329.62M), and average EPS is $0.978 (high $0.985, low $0.97). DV's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $943.29M (high $948.98M, low $937.82M), average EBITDA is $215.01M (high $216.3M, low $213.76M), average net income is $205.87M (high $207.49M, low $204.32M), average SG&A $393.9M (high $396.28M, low $391.61M), and average EPS is $1.17 (high $1.18, low $1.16).
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 $86.82M by 8.97%. The company's net income was $43.27M, missing the average estimation of $63.94M by -32.33%. Apple's SG&A was $186.08M, beating the average forecast of $171.63M by 8.42%. 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 $31.76M by -3.74%. DoubleVerify's net income was $13.35M, missing the average estimation of $24.22M by -44.88%. The company's SG&A was $56.25M, missing the average forecast of $58.19M by -3.33%. Lastly, the company's EPS was $0.0792, missing the average prediction of $0.138 by -42.45%