Viant Technology, Inc. (DSP)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
$13.66+1.56%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
Broken: Recent financial performance freshly dropped to the bottom half of its industry.
Viant aims to grow revenue to about $100 million in Q2 2026. Profit should improve with adjusted EBITDA near $13.5 million. The recent acquisition of TVision Insights may help growth. The company is improving losses and sales.
Viant has missed earnings before and still loses money. Revenue growth is not certain. The stock is risky and below sector peers.
The price is about 13% below our fair value near $14. Analysts expect 28% revenue growth. Our fair value is below the Street median of $16.
Breaks if: Acquisition fails to integrate or harms growth
Breaks if: Adjusted EBITDA falls below $13.0 million in Q2 2026
Revenue falls below $98.5 million in Q2 2026
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable growth opportunity with a focus on revenue and EBITDA growth. The current thesis state indicates a weakened position due to recent performance trends, despite management's commitment to key priorities.
The market appears to have priced in a justified valuation, but DSP is currently seen as expensive compared to its peers. There is a low expectations gap, suggesting that investors are not anticipating significant changes in performance.
Management is on track with priorities, showing growth in revenue and adjusted EBITDA. However, there is a near-term risk of missing earnings expectations, especially given the recent performance of industry peers.
The thesis hinges on management's ability to maintain growth momentum, the impact of potential Fed rate cuts, and the performance of sector leaders like SAP and CRM. A cut in guidance could negatively affect sentiment.
The most important moves since the prior daily snapshot.
Yes, our read has weakened. Recent financial performance dropped from the top half to the bottom half of its industry. This change indicates the reason to own DSP has weakened. However, the latest earnings beat and increased CTV advertiser spend provide some support for the thesis.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Management expects revenue in the range of $98.5 million to $101.5 million for Q2 2026.
In the next 1 to 3 years, DSP's performance will depend on management execution and external market conditions. Not investment advice.