Viant Technology (NASDAQ:DSP) Posts Earnings Results, Beats Estimates By $0.09 EPS

Viant Technology (NASDAQ:DSP) released its earnings results on Monday. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.09, FiscalAI reports. The business had revenue of $104.25 million during the quarter, compared to analysts’ expectations of $59.65 million. Viant Technology had a net margin of 2.51% and a return on equity of 2.40%.

Here are the key takeaways from Viant Technology’s conference call:

• Q2 results exceeded guidance, with revenue up 34% year over year to $104.3 million, contribution ex-TAC up 24% to $60.2 million, and adjusted EBITDA up 26% to $14.2 million.
• CTV spend increased nearly 50% and represented more than half of platform spend, while Direct Access penetration rose to over 80% of CTV spend from just over 50% in Q1; Viant said the solution reduces CPMs by about 35%.
• Viant reported early traction from its TVision acquisition and ViantAI platform. More than 80% of 42 TVision pilot campaigns outperformed benchmarks, while the autonomous Outcomes product accounted for 5% of total ad spend year to date.
• Management cited its largest-ever new-business pipeline, with major enterprise RFP opportunities expected to provide some benefit in Q4 and a larger impact in 2027, while existing customers continue expanding their spending.
• Viant guided to another record quarter in Q3, forecasting revenue of $107.5 million to $110.5 million, contribution ex-TAC of $65 million to $67 million, and adjusted EBITDA of $18.5 million to $19.5 million. The company ended Q2 with $193.1 million in cash, no debt, and continued share repurchase capacity.

Viant Technology Trading Down 7.9%

Shares of DSP traded down $1.11 during mid-day trading on Tuesday, hitting $12.98. 259,944 shares of the company traded hands, compared to its average volume of 242,932. The stock has a market capitalization of $850.32 million, a price-to-earnings ratio of 35.60 and a beta of 1.08. The business has a 50-day moving average of $12.05 and a 200 day moving average of $11.33. Viant Technology has a one year low of $8.11 and a one year high of $14.80.

Analyst Ratings Changes

Several brokerages have recently weighed in on DSP. DA Davidson lifted their price objective on Viant Technology from $16.00 to $16.50 and gave the stock a “buy” rating in a report on Tuesday, May 12th. B. Riley Financial raised their target price on Viant Technology from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Citigroup reiterated a “market outperform” rating on shares of Viant Technology in a research note on Tuesday. Citizens Jmp boosted their price target on shares of Viant Technology from $16.00 to $17.00 and gave the company a “market outperform” rating in a report on Tuesday. Finally, Weiss Ratings upgraded shares of Viant Technology from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $18.71.

Insider Buying and Selling

In other news, COO Christopher Vanderhook sold 9,125 shares of Viant Technology stock in a transaction on Monday, June 15th. The stock was sold at an average price of $11.10, for a total value of $101,287.50. Following the completion of the sale, the chief operating officer directly owned 208,880 shares of the company’s stock, valued at approximately $2,318,568. This trade represents a 4.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Capital V. Llc sold 15,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $10.89, for a total value of $163,350.00. Following the sale, the insider owned 22,500 shares of the company’s stock, valued at approximately $245,025. The trade was a 40.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 167,853 shares of company stock worth $1,947,895 in the last quarter. Insiders own 29.43% of the company’s stock.

Institutional Trading of Viant Technology

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Engineers Gate Manager LP lifted its stake in Viant Technology by 38.1% in the fourth quarter. Engineers Gate Manager LP now owns 14,975 shares of the company’s stock valued at $180,000 after buying an additional 4,128 shares during the period. Wells Fargo & Company MN increased its stake in shares of Viant Technology by 96.2% in the 4th quarter. Wells Fargo & Company MN now owns 16,267 shares of the company’s stock valued at $196,000 after acquiring an additional 7,976 shares during the last quarter. Sherbrooke Park Advisers LLC acquired a new stake in shares of Viant Technology in the 3rd quarter valued at approximately $153,000. Virtu Financial LLC bought a new position in Viant Technology during the 3rd quarter worth approximately $153,000. Finally, Brooklyn Investment Group boosted its stake in Viant Technology by 40,861.5% during the 3rd quarter. Brooklyn Investment Group now owns 21,300 shares of the company’s stock worth $184,000 after acquiring an additional 21,248 shares during the last quarter. 11.38% of the stock is owned by institutional investors.

Trending Headlines about Viant Technology

Here are the key news stories impacting Viant Technology this week:

• Positive Sentiment: Rosenblatt raised its price target to $24 from $20 and assigned a “Buy” rating. The new target implies approximately 70% upside from the referenced share price, signaling increased confidence in Viant’s growth prospects. Benzinga article
• Positive Sentiment: Viant delivered a strong Q2 performance. Earnings were $0.12 per share, up from $0.09 a year earlier, while revenue reached $104.25 million versus the reported analyst consensus of $59.65 million. Management said results exceeded the high end of its guidance range for both revenue and profitability, citing accelerated growth and AI-powered programmatic advertising demand. Viant Q2 2026 financial results
• Positive Sentiment: The earnings release and conference call highlighted Viant’s record quarterly performance and its expectation for a new phase of growth, factors that can support investor optimism about future revenue and earnings. Q2 2026 earnings call transcript
• Neutral Sentiment: Viant appointed Craig Abrahams to its board of directors. The addition may provide financial and strategic expertise, but no immediate earnings impact was disclosed. Board appointment article
• Negative Sentiment: Third-quarter revenue guidance of $107.5 million to $110.5 million brackets the $110 million consensus estimate but places the midpoint slightly below expectations, limiting some of the positive impact from the quarterly beat. One data provider also characterized Q2 EPS of $0.12 as narrowly below its $0.13 estimate. Zacks earnings estimate article

Viant Technology Company Profile

Viant Technology Inc (Nasdaq: DSP) is a software-as-a-service (SaaS) advertising technology company that delivers data-driven solutions to marketers and agencies. Its core offering, Adelphic, is a programmatic demand-side platform (DSP) that empowers clients to plan, execute and optimize digital ad campaigns across desktop, mobile, connected TV and other emerging channels.

Complementing its DSP, Viant offers PeopleCloud, a people-based data management platform (DMP) that aggregates and normalizes first- and third-party audience data.