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 $31.15 (represents a 77.80% upside from DV’s last price of $17.52) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

DV Price Target


The average price target for DoubleVerify (DV) is $31.15 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $47.00 to $19.00. This represents a potential 77.80% upside from DV's last price of $17.52.

DV Analyst Ratings


Buy

According to 13 Wall Street analysts, DoubleVerify's rating consensus is 'Buy'. The analyst rating breakdown for DV stock is 0 'Strong Buy' (0.00%), 10 'Buy' (76.92%), 2 'Hold' (15.38%), 1 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).

DoubleVerify Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 14, 2024Mark KelleyStifel Nicolaus$22.00$17.0029.41%25.57%
Oct 11, 2024Tim NollenMacquarie$19.00$16.8812.59%8.45%
Sep 20, 2024Laura MartinNeedham$22.00$17.0628.96%25.57%
Sep 18, 2024Youssef SqualiTruist Financial$26.00$17.1651.52%48.40%
Sep 11, 2024Michael GrahamCanaccord Genuity$36.00$17.78102.47%105.48%
Jul 31, 2024Eric SheridanGoldman Sachs$28.00$21.5829.75%59.82%
Jul 23, 2024Matthew CostMorgan Stanley$22.00$20.258.64%25.57%
Jul 08, 2024Matt FarrellPiper Sandler$30.00$20.2748.00%71.23%
Jun 14, 2024Matthew SwansonRBC Capital$40.00$18.59115.23%128.31%
May 14, 2024Tim NollenMacquarie$25.00$19.2130.14%42.69%
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The latest DoubleVerify stock forecast, released on Oct 14, 2024 by Mark Kelley from Stifel Nicolaus, set a price target of $22.00, which represents a 29.41% increase from the stock price at the time of the forecast ($17.00), and a 25.57% increase from DV last price ($17.52).

DoubleVerify Price Target by Period


1M3M12M
# Anlaysts2512
Avg Price Target$20.50$25.00$29.08
Last Closing Price$17.52$17.52$17.52
Upside/Downside17.01%42.69%65.98%

In the current month, the average price target of DoubleVerify stock is $20.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 17.01% increase as opposed to DoubleVerify's last price of $17.52. This month's average price target is down -18.00% compared to last quarter, and down -29.50% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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
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DoubleVerify's last stock rating was published by Wells Fargo on Oct 28, 2024. The company Initialise its DV rating from "Buy" to "Underweight".

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$271.03M$225.54M$209.95M$191.07M$234.46M$195.23M$180.53M$165.36M$204.82M$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$271.03M$225.54M$209.95M$191.07M$234.46M$195.23M$180.53M$165.36M$204.82M$169.83M$153.78M$138.47M$172.85M$139.55M$133.39M$118.13M$132.80M$109.23M$101.99M$89.83M$105.50M$81.80M$73.21M$66.23M
Low Forecast$271.03M$225.54M$209.95M$191.07M$234.46M$195.23M$180.53M$165.36M$204.82M$167.93M$153.78M$138.32M$169.90M$139.14M$133.39M$118.13M$132.80M$109.23M$101.99M$89.83M$105.50M$81.80M$73.21M$66.23M
# Analysts661211109878136111471376686711713
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
# Analysts661211109878136111471376686711713
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$61.78M$51.41M$47.85M$43.55M$53.44M$44.50M$41.15M$37.69M$46.68M$38.49M$35.05M$31.54M$39.17M$31.76M$30.40M$26.93M$30.27M$24.90M$23.25M$6.52M$24.05M$18.65M$16.69M$21.18M
High Forecast$61.78M$51.41M$47.85M$43.55M$53.44M$44.50M$41.15M$37.69M$46.68M$38.71M$35.05M$31.56M$39.40M$31.81M$30.40M$26.93M$30.27M$24.90M$23.25M$7.82M$24.05M$18.65M$16.69M$25.41M
Low Forecast$61.78M$51.41M$47.85M$43.55M$53.44M$44.50M$41.15M$37.69M$46.68M$38.28M$35.05M$31.53M$38.72M$31.71M$30.40M$26.93M$30.27M$24.90M$23.25M$5.22M$24.05M$18.65M$16.69M$16.94M
Surprise %-------------0.96%0.88%1.00%1.29%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 $39.17M, 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts661211109878136111471376686711713
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$70.38M$47.51M$42.23M$33.43M$60.37M$42.54M$36.35M$30.56M$53.49M$36.07M$28.95M$22.98M$40.94M$24.22M$26.39M$17.17M$32.68M$21.12M$17.53M$2.52M$27.92M$15.62M$9.92M$7.53M
High Forecast$70.38M$47.51M$42.23M$33.43M$60.37M$42.54M$36.35M$30.56M$53.49M$41.23M$28.99M$22.98M$47.24M$24.69M$26.39M$17.17M$32.68M$21.12M$17.53M$3.02M$27.92M$15.62M$9.92M$9.03M
Low Forecast$70.38M$47.51M$42.23M$33.43M$60.37M$42.54M$36.35M$30.56M$53.49M$30.92M$28.91M$22.98M$34.64M$23.74M$26.39M$17.17M$32.68M$21.12M$17.53M$2.01M$27.92M$15.62M$9.92M$6.02M
Surprise %-------------0.55%0.49%0.71%0.55%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 $40.94M, 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts661211109878136111471376686711713
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$113.18M$94.18M$87.67M$79.79M$97.91M$81.52M$75.39M$69.05M$85.53M$70.52M$64.22M$57.79M$71.76M$58.19M$55.70M$49.33M$55.45M$45.61M$42.59M$25.50M$44.05M$34.16M$30.57M$36.49M
High Forecast$113.18M$94.18M$87.67M$79.79M$97.91M$81.52M$75.39M$69.05M$85.53M$70.92M$64.22M$57.82M$72.18M$58.27M$55.70M$49.33M$55.45M$45.61M$42.59M$30.60M$44.05M$34.16M$30.57M$43.79M
Low Forecast$113.18M$94.18M$87.67M$79.79M$97.91M$81.52M$75.39M$69.05M$85.53M$70.12M$64.22M$57.76M$70.95M$58.10M$55.70M$49.33M$55.45M$45.61M$42.59M$20.40M$44.05M$34.16M$30.57M$29.19M
Surprise %-------------0.97%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 $71.76M, 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts661211109878136111471376686711713
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$0.40$0.27$0.24$0.19$0.34$0.24$0.21$0.17$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$0.40$0.27$0.24$0.19$0.34$0.24$0.21$0.17$0.30$0.23$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$0.40$0.27$0.24$0.19$0.34$0.24$0.21$0.17$0.30$0.18$0.16$0.13$0.20$0.13$0.15$0.10$0.19$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
EXFYExpensify$1.84$13.75647.28%Buy
LAWCS Disco$5.95$24.14305.71%Hold
DVDoubleVerify$17.52$31.1577.80%Buy
BRZEBraze$31.76$55.7775.60%Buy
BLBlackLine$55.11$93.0068.75%Buy
CXMSprinklr$7.60$10.7941.97%Buy
ALKTAlkami$36.53$45.6725.02%Buy
PCTYPaylocity$191.35$216.6413.22%Buy
DDOGDatadog$125.56$140.2411.69%Buy
ANSSANSYS$324.16$359.6010.93%Buy
ENVEnvestnet$62.79$67.868.07%Hold
HUBSHubSpot$564.55$600.246.32%Buy
AZPNAspen$237.59$250.005.22%Buy
MANHManhattan Associates$266.64$276.573.72%Buy
SMARSmartsheet$55.88$56.591.27%Hold
CWANClearwater Analytics$26.31$26.330.08%Buy
BLKBBlackbaud$76.69$74.33-3.08%Buy
CDNSCadence Design Systems$289.34$270.07-6.66%Buy
MNDYmonday$295.78$274.94-7.05%Buy
GWREGuidewire Software$185.52$164.70-11.22%Buy
VERXVertex$42.23$34.33-18.71%Hold

DV Forecast FAQ


Yes, according to 13 Wall Street analysts, DoubleVerify (DV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 76.92% of DV's total ratings.

DoubleVerify (DV) average price target is $31.15 with a range of $19 to $47, implying a 77.80% from its last price of $17.52. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for DV stock, the company can go up by 77.80% (from the last price of $17.52 to the average price target of $31.15), up by 168.26% based on the highest stock price target, and up by 8.45% based on the lowest stock price target.

DV's average twelve months analyst stock price target of $31.15 supports the claim that DoubleVerify can reach $30 in the near future.

2 Wall Street analysts forecast a $20.5 price target for DoubleVerify (DV) this month, up 17.01% from its last price of $17.52. Compared to the last 3 and 12 months, the average price target increased by 42.69% and increased by 65.98%, respectively.

DoubleVerify's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $775.58M (high $775.58M, low $775.58M), average EBITDA is $176.78M (high $176.78M, low $176.78M), average net income is $169.82M (high $169.82M, low $169.82M), average SG&A $323.87M (high $323.87M, low $323.87M), and average EPS is $0.965 (high $0.965, low $0.965). DV's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $897.59M (high $897.59M, low $897.59M), average EBITDA is $204.59M (high $204.59M, low $204.59M), average net income is $193.56M (high $193.56M, low $193.56M), average SG&A $374.82M (high $374.82M, low $374.82M), and average EPS is $1.1 (high $1.1, low $1.1).

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 $84.93M by 11.38%. The company's net income was $43.27M, missing the average estimation of $73.84M by -41.40%. Apple's SG&A was $186.08M, beating the average forecast of $169.15M by 10.01%. 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%