Viant Technology: Strong Growth Prospects, Yet Shares Are Fully Valued [Seeking Alpha]
Viant Technology Inc. - common stock (DSP)
Company Research
Source: Seeking Alpha
Shares are up 60% this year, following strong growth and improved profitability in the underlying business. The company is successfully leveraging AI on its platform to deliver significant ROI for clients on their ad spend. The company will likely see strong growth and rising margins in the second half of this year, while benefiting from political ad spend. I consider shares fully valued at an EV/FCF multiple of 20, leading me to a Neutral rating. bymuratdeniz/iStock via Getty Images Investment thesis Viant Technology ( NASDAQ: DSP ) is a digital ad platform that enables advertisers and agencies to purchase ads across various channels, with a primary focus on video-related ads such as CTV, a market that is growing at nearly 20% annually . The company's recent growth and improving margins have been fueled by its latest AI-driven product offerings, which aim to significantly enhance ROI for its clients. Looking ahead, management plans to expand its AI-based solutions to del
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High impacting Viant Technology Inc. - common stock news events
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DSP
News
- ViantAI Launches to Transform Advertising [Yahoo! Finance]Yahoo! Finance
- ViantAI Launches to Transform AdvertisingBusiness Wire
- Wiland, Inc. Partners with Viant to Enhance Omnichannel Audience Activation [Yahoo! Finance]Yahoo! Finance
- Wiland, Inc. Partners with Viant to Enhance Omnichannel Audience ActivationBusiness Wire
- Viant Wins Best Demand-Side Platform [Yahoo! Finance]Yahoo! Finance
DSP
Earnings
- 8/12/24 - Beat
DSP
Sec Filings
- 9/24/24 - Form 4
- 9/24/24 - Form 144/A
- 9/12/24 - Form 4
- DSP's page on the SEC website