What Analysts Are Saying About DoubleVerify Hldgs Stock
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed evaluations for DoubleVerify Holdings (NYSE:DV) over the past three months, with a notable decline in the average 12-month price target. Recent actions by analysts include lowering ratings and price targets, reflecting cautious sentiment. Despite strong financial metrics like ROE and ROA, the company's net margin and revenue growth lag behind industry averages.
July 16, 2024 | 5:00 pm
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Analysts have shown mixed sentiment towards DoubleVerify Holdings (NYSE:DV) over the past three months, with a significant decline in the average 12-month price target. Recent actions include multiple analysts lowering their ratings and price targets, indicating cautious sentiment. Despite strong financial metrics like ROE and ROA, the company's net margin and revenue growth are below industry averages.
The decline in the average 12-month price target and multiple analysts lowering their ratings and price targets suggest a cautious outlook on DoubleVerify Holdings. This is likely to negatively impact the stock price in the short term. However, strong financial metrics like ROE and ROA provide some positive aspects, though they are overshadowed by lower net margin and revenue growth compared to industry averages.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100