Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) shares were down 24.7% during mid-day trading on Monday . The company traded as low as $0.5572 and last traded at $0.56. Approximately 234,717,199 shares were traded during trading, an increase of 300% from the average daily volume of 58,741,539 shares. The stock had previously closed at $0.7438.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on DVLT. Wall Street Zen raised shares of Datavault AI from a “strong sell” rating to a “hold” rating in a report on Saturday, March 21st. Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a report on Friday, April 24th. Finally, Maxim Group cut their price target on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating on the stock in a report on Monday, March 30th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $3.00.
Check Out Our Latest Research Report on DVLT
Datavault AI Stock Down 24.7%
Datavault AI (NASDAQ:DVLT – Get Free Report) last announced its quarterly earnings data on Wednesday, March 18th. The company reported $0.53 earnings per share (EPS) for the quarter. Datavault AI had a negative return on equity of 64.06% and a negative net margin of 202.09%.The business had revenue of $33.82 million for the quarter.
Institutional Investors Weigh In On Datavault AI
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vident Advisory LLC bought a new stake in Datavault AI in the 4th quarter valued at about $255,000. XTX Topco Ltd bought a new stake in Datavault AI in the 4th quarter valued at about $290,000. Millennium Management LLC bought a new stake in Datavault AI in the 4th quarter valued at about $58,000. Cetera Investment Advisers raised its stake in Datavault AI by 668.9% in the 4th quarter. Cetera Investment Advisers now owns 121,486 shares of the company’s stock valued at $79,000 after acquiring an additional 105,686 shares during the period. Finally, OMERS ADMINISTRATION Corp bought a new stake in Datavault AI in the 4th quarter valued at about $42,000. 0.66% of the stock is currently owned by institutional investors.
About Datavault AI
Datavault AI Inc, a data sciences technology company, owns and operates data management and supercomputer platforms. It offers data technology and software solutions. The company was formerly known as WiSA Technologies, Inc and changed its name to Datavault AI Inc in February 2025. Datavault AI Inc was incorporated in 2010 and is headquartered in Beaverton, Oregon.
Further Reading
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