Earnings To Watch: DoubleVerify Holdings Inc (DV) Reports Q3 2024 Result

Author's Avatar
3 days ago

DoubleVerify Holdings Inc (DV, Financial) is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is $168.84 million, and the earnings are expected to come in at $0.07 per share. The full year 2024's revenue is expected to be $670.45 million and the earnings are expected to be $0.30 per share. More detailed estimate data can be found on the Forecast page.

DoubleVerify Holdings Inc (DV, Financial) Estimates Trends

Over the past 90 days, revenue estimates for DoubleVerify Holdings Inc (DV) have seen a downward revision for the full year 2024 from $670.96 million to $670.45 million, and for 2025, from $797.93 million to $778.26 million. Similarly, earnings estimates have been adjusted downwards from $0.31 per share to $0.30 per share for the full year 2024, and from $0.45 per share to $0.42 per share for 2025.

DoubleVerify Holdings Inc (DV, Financial) Reported History

In the previous quarter of June 30, 2024, DoubleVerify Holdings Inc's (DV) actual revenue was $155.89 million, which beat analysts' revenue expectations of $153.80 million by 1.36%. DoubleVerify Holdings Inc's (DV) actual earnings were $0.04 per share, which met analysts' earnings expectations. After releasing the results, DoubleVerify Holdings Inc (DV) was down by -2.13% in one day.

1853779924549267456.png

DoubleVerify Holdings Inc (DV, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 18 analysts, the average target price for DoubleVerify Holdings Inc (DV) is $24.22 with a high estimate of $36 and a low estimate of $14. The average target implies an upside of 38.25% from the current price of $17.52.

Based on GuruFocus estimates, the estimated GF Value for DoubleVerify Holdings Inc (DV, Financial) in one year is $49.35, suggesting an upside of 181.68% from the current price of $17.52.

Based on the consensus recommendation from 21 brokerage firms, DoubleVerify Holdings Inc's (DV, Financial) average brokerage recommendation is currently 2.3, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1853779958925783040.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.