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

Viant Technology (NASDAQ:DSP) issued its quarterly earnings data 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 firm had revenue of $104.25 million for the quarter, compared to analyst estimates 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 Stock Performance

Shares of Viant Technology stock traded down $1.31 during trading on Tuesday, reaching $12.78. The company’s stock had a trading volume of 232,942 shares, compared to its average volume of 242,711. The business’s fifty day moving average price is $12.05 and its 200-day moving average price is $11.33. The firm has a market cap of $837.47 million, a price-to-earnings ratio of 35.50 and a beta of 1.08. Viant Technology has a one year low of $8.11 and a one year high of $14.80.

Key Viant Technology News

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

Insider Buying and Selling

In other Viant Technology news, major shareholder Capital V. Llc sold 15,000 shares of Viant Technology stock in a transaction that occurred 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 transaction, the insider directly owned 22,500 shares of the company’s stock, valued at $245,025. The trade was a 40.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Larry Madden sold 25,376 shares of Viant Technology stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $11.10, for a total value of $281,673.60. Following the completion of the transaction, the chief financial officer directly owned 459,155 shares in the company, valued at approximately $5,096,620.50. This represents a 5.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 167,853 shares of company stock valued at $1,947,895. Insiders own 29.43% of the company’s stock.

Institutional Investors Weigh In On Viant Technology

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Engineers Gate Manager LP raised its position in shares of Viant Technology by 38.1% during 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 last quarter. Wells Fargo & Company MN grew its position in Viant Technology by 96.2% during the fourth quarter. Wells Fargo & Company MN now owns 16,267 shares of the company’s stock worth $196,000 after buying an additional 7,976 shares in the last quarter. Sherbrooke Park Advisers LLC bought a new position in Viant Technology during the third quarter valued at about $153,000. Virtu Financial LLC bought a new position in Viant Technology during the third quarter valued at about $153,000. Finally, Brooklyn Investment Group raised its holdings in Viant Technology by 40,861.5% in the 3rd quarter. Brooklyn Investment Group now owns 21,300 shares of the company’s stock valued at $184,000 after acquiring an additional 21,248 shares in the last quarter. Institutional investors and hedge funds own 11.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Wall Street Zen lowered shares of Viant Technology from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. B. Riley Financial lifted their price objective on shares of Viant Technology from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Citizens Jmp upped their price objective on shares of Viant Technology from $16.00 to $17.00 and gave the stock a “market outperform” rating in a report on Tuesday. DA Davidson increased their target price on shares of Viant Technology from $16.00 to $16.50 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Finally, Weiss Ratings upgraded Viant Technology from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $18.71.

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.