DA Davidson raises target for Viant Technology stock to USD 17.50

Published on 10/05/2026 at 14:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Viant reported USD 104.30 million revenue in the second quarter, up 34.00 percent year over year. Viant Technology stock had 11 analysts and a USD 19.50 average target.

DSP, US92557A1016, Illustration mit AI erstellt.

DA Davidson raised its price target for Viant Technology stock from USD 16.50 to USD 17.50 while maintaining a Buy rating, according to Investing.com. The update follows Viant's second-quarter 2026 revenue of USD 104.30 million, which increased 34.00 percent from the same period a year earlier.

Share sale withdrawal changes the setup

Viant and a selling stockholder withdrew a planned sale of 8,500,000 Class A shares on September 17, 2026. The company also withdrew the underwriters' option for 1,275,000 additional shares, and no shares were sold under the offering, Stock Titan reports.

For investors, the withdrawal removes a near-term source of potential share dilution, but it also leaves the company reliant on operating growth to support its valuation. Viant's second-quarter adjusted earnings per share were USD 0.12 against a USD 0.03 estimate, according to Investing.com.

Revenue growth meets a higher bar

Viant guided for third-quarter 2026 revenue of USD 107.50 million to USD 110.50 million and adjusted EBITDA of USD 18.50 million to USD 19.50 million. The second-quarter result therefore sets a demanding comparison for the next report, with the midpoint of the revenue outlook standing 6.50 percent above second-quarter revenue.

The company describes itself as an advertising software provider whose demand-side platform supports programmatic buying across connected television, streaming audio, mobile, desktop and digital billboards, according to its investor-relations page. Connected television remains central to the growth case because the platform combines campaign buying with measurement and audience data.

DSP remains below its yearly high

DSP was last at USD 12.24 on Nasdaq on October 2, 2026 at 4:00 p.m. ET. The USD 803.20 million market capitalization and USD 8.11 to USD 14.80 52-week range place the last price 17.30 percent below the yearly high.