Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) shot up 46.6% on Friday . The stock traded as high as $2.59 and last traded at $2.55. 134,025,668 shares traded hands during trading, an increase of 497% from the average session volume of 22,459,623 shares. The stock had previously closed at $1.74.
Analysts Set New Price Targets
A number of analysts have issued reports on DVLT shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a research report on Wednesday. Wall Street Zen upgraded Datavault AI to a “sell” rating in a research note on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $7.00.
View Our Latest Research Report on Datavault AI
Datavault AI Price Performance
Datavault AI (NASDAQ:DVLT – Get Free Report) last posted its quarterly earnings results on Friday, November 14th. The company reported ($0.33) EPS for the quarter. The company had revenue of $2.90 million during the quarter. Datavault AI had a negative return on equity of 94.61% and a negative net margin of 1,309.82%. As a group, analysts forecast that Datavault AI Inc. will post -13.02 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Brett Moyer sold 130,754 shares of the company’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $0.40, for a total transaction of $52,301.60. Following the sale, the insider directly owned 1,117,665 shares in the company, valued at $447,066. This represents a 10.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 7.70% of the stock is owned by insiders.
Hedge Funds Weigh In On Datavault AI
A number of large investors have recently modified their holdings of DVLT. Anson Funds Management LP bought a new stake in Datavault AI during the 3rd quarter worth approximately $3,218,000. Vanguard Group Inc. bought a new position in Datavault AI in the 3rd quarter valued at $1,294,000. BNP Paribas Financial Markets purchased a new position in shares of Datavault AI during the 3rd quarter valued at $416,000. JPMorgan Chase & Co. bought a new position in shares of Datavault AI in the third quarter worth $303,000. Finally, Synergy Asset Management LLC purchased a new stake in shares of Datavault AI in the third quarter worth $133,000. 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.
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