Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
DoubleVerify Holdings, Inc. (DV)
NYSECommunication ServicesSoftware - ApplicationSnapshot 2026-11-04
$13.54-0.07%
Close 2026-11-05 · 1-day change
NYSECommunication ServicesSoftware - ApplicationSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.58 → 0.59 EPS · FY ending Dec 31, 2027 · 9 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 9 to 9; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for DV yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Gross margin near 34% | A primary condition in DoubleVerify Holdings, Inc.'s published investment case. The stated target is ~34% gross margin. | Intact | Gross margin falls below 30% in FY26 | Gross margin: 72.34% FY2026-Q3; GAAP. Published target: ~34% gross margin. Annual target cannot be compared with a quarterly or TTM observation. Oct 30, 202672.341688 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
DV is a growth-oriented advertising technology business with improving profitability, rather than a turnaround story. Its long-term thesis is intact, supported by strong recent performance and stable management, but the evidence carries medium confidence.
DV is expensive versus peers, with a valuation premium of 1.11 and an expectations gap of -0.19. Pricing is described as justified, with low fragility, but the valuation has risen recently and leaves less room for execution to disappoint.
Near term, revenue growth and higher adjusted EBITDA margins show progress on management’s priorities: third-quarter revenue grew 9% year over year, and margin rose to 37%. A recent earnings beat is encouraging, but the sector backdrop is a headwind and the evidence flags a quiet risk of missed expectations.
The multi-year view depends on continued revenue growth, scaling new products, and sustaining margin gains. Near term, a guidance cut would be a meaningful negative; rate cuts or continued strong results from sector peers could support the sector backdrop.
Over the next 1 to 3 years, DV’s improving operating results support an intact long-term thesis, while its expensive valuation and sector headwind remain important constraints. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| Operating income rose to $15.6 million in Q1 2026. |
| Intact |
| Net income falls below $4 million in any quarter |
Net income: $15.929M FY2026-Q3; GAAP. Published target: >= $6.4 million net income. The stored target says 2026-Q1; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Oct 30, 202615,929,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Operating income improves to at least $15.6 million quarterly | Operating income rose to $15.6 million in Q1 2026. | Intact | Operating income falls below $10 million in any quarter | Operating income: $28.345M FY2026-Q3; GAAP. Published target: >= $15.6 million operating income. The stored target says 2026-Q1; this source reports FY2026-Q3. Fiscal/calendar alignment needs review. Oct 30, 202628,345,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue grows 8% to 10% annually | A primary condition in DoubleVerify Holdings, Inc.'s published investment case. The stated target is >=8% YoY revenue growth. | Broken | YoY revenue growth falls below 8% in FY26 | Revenue: $205.638M FY2026-Q3; GAAP. Published target: >=8% YoY revenue growth. Annual target cannot be compared with a quarterly or TTM observation. Oct 30, 2026205,638,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.61 → $0.59 · observed estimates
$0.90B → $0.88B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.61 | $897,684,925 | 9 / 13 |
| 2026-07-25 | $1.23 | $896,383,360 | 8 / 16 |
| 2026-07-26 | $1.23 | $896,383,360 | 8 / 16 |
| 2026-07-27 | $1.23 | $896,383,360 | 8 / 16 |
| 2026-07-28 | $1.23 | $896,383,360 | 8 / 16 |
| 2026-07-29 | $1.23 | $896,383,360 | 8 / 16 |
| 2026-07-30 | $0.61 | $897,684,925 | 9 / 13 |
| 2026-07-31 | $0.61 | $897,684,925 | 9 / 13 |
| 2026-08-01 | $0.61 | $897,684,925 | 9 / 13 |
| 2026-08-02 | $1.23 | $896,383,360 | 8 / 16 |
| 2026-08-03 | $1.23 | $896,383,360 | 8 / 16 |
| 2026-08-04 | $1.23 | $896,383,360 | 8 / 16 |
| 2026-08-05 | $1.23 | $896,383,360 | 8 / 16 |
| 2026-08-06 | $0.61 | $897,684,925 | 9 / 13 |
| 2026-08-07 | $0.61 | $897,684,927 | 9 / 13 |
| 2026-08-08 | $1.20 | $881,253,180 | 8 / 16 |
| 2026-08-09 | $1.20 | $881,253,180 | 8 / 16 |
| 2026-08-10 | $1.20 | $881,253,180 | 8 / 16 |
| 2026-08-11 | $0.61 | $897,684,927 | 9 / 13 |
| 2026-08-12 | $1.18 | $874,416,620 | 8 / 16 |
| 2026-08-13 | $1.18 | $874,416,620 | 8 / 16 |
| 2026-08-14 | $0.61 | $897,684,927 | 9 / 13 |
| 2026-08-15 | $0.61 | $897,684,927 | 9 / 13 |
| 2026-08-16 | $0.61 | $897,684,927 | 9 / 13 |
| 2026-08-17 | $0.61 | $897,684,927 | 9 / 13 |
| 2026-08-18 | $0.61 | $897,684,927 | 9 / 13 |
| 2026-08-19 | $0.61 | $897,684,927 | 9 / 13 |
| 2026-08-20 | $0.58 | $877,075,884 | 9 / 13 |
| 2026-08-21 | $0.58 | $877,073,222 | 9 / 13 |
| 2026-08-22 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-08-23 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-08-24 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-08-25 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-08-26 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-08-27 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-08-28 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-08-29 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-08-30 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-08-31 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-09-01 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-09-02 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-09-03 | $0.57 | $876,509,550 | 9 / 13 |
| 2026-09-04 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-05 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-06 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-07 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-08 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-09 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-10 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-11 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-12 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-13 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-14 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-15 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-16 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-17 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-18 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-19 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-20 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-21 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-22 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-23 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-24 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-25 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-26 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-27 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-28 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-29 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-09-30 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-10-01 | $0.57 | $876,421,877 | 9 / 13 |
| 2026-10-02 | $0.58 | $873,698,244 | 9 / 13 |
| 2026-10-03 | $0.58 | $873,698,244 | 9 / 13 |
| 2026-10-04 | $0.58 | $873,698,244 | 9 / 13 |
| 2026-10-05 | $0.58 | $873,698,244 | 9 / 13 |
| 2026-10-06 | $0.58 | $873,698,244 | 9 / 13 |
| 2026-10-07 | $0.58 | $873,698,244 | 9 / 13 |
| 2026-10-08 | $0.58 | $873,698,244 | 9 / 13 |
| 2026-10-09 | $0.58 | $873,698,244 | 9 / 13 |
| 2026-10-10 | $0.58 | $873,698,244 | 9 / 13 |
| 2026-10-11 | $0.58 | $873,698,244 | 9 / 13 |
| 2026-10-12 | $0.58 | $873,698,244 | 9 / 13 |
| 2026-10-13 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-14 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-15 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-16 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-17 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-18 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-19 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-20 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-21 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-22 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-23 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-24 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-25 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-26 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-27 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-28 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-29 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-30 | $0.58 | $873,727,525 | 9 / 13 |
| 2026-10-31 | $0.58 | $874,129,027 | 9 / 13 |
| 2026-11-01 | $0.58 | $874,129,025 | 9 / 13 |
| 2026-11-02 | $0.58 | $874,129,025 | 9 / 13 |
| 2026-11-03 | $0.59 | $875,529,025 | 9 / 13 |
| 2026-11-04 | $0.59 | $875,154,025 | 9 / 12 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 0 Buy / Strong Buy · 15 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.