Datavault AI Inc. (NASDAQ:DVLT – Get Free Report)’s stock price shot up 6.6% during trading on Wednesday . The stock traded as high as $0.7734 and last traded at $0.7677. 28,073,631 shares were traded during mid-day trading, a decline of 53% from the average session volume of 59,622,824 shares. The stock had previously closed at $0.72.
Wall Street Analyst Weigh In
Several research firms recently commented on DVLT. Wall Street Zen raised Datavault AI from a “strong sell” rating to a “hold” rating in a report on Saturday, March 21st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datavault AI in a report on Monday, December 29th. Finally, Maxim Group cut their price target on Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a report on Monday, March 30th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $3.00.
Get Our Latest Stock Analysis on Datavault AI
Datavault AI Stock Up 6.6%
Datavault AI (NASDAQ:DVLT – Get Free Report) last issued its quarterly earnings data on Wednesday, March 18th. The company reported $0.53 earnings per share for the quarter. The company had revenue of $33.82 million during the quarter. Datavault AI had a negative return on equity of 64.06% and a negative net margin of 202.09%.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Stonebridge Capital Advisors LLC grew its position in Datavault AI by 175.0% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 55,000 shares of the company’s stock worth $36,000 after acquiring an additional 35,000 shares during the period. OMERS ADMINISTRATION Corp purchased a new position in shares of Datavault AI during the fourth quarter worth $42,000. Prelude Capital Management LLC purchased a new position in shares of Datavault AI during the third quarter worth $43,000. Clear Creek Financial Management LLC purchased a new position in shares of Datavault AI during the fourth quarter worth $44,000. Finally, Cerity Partners LLC purchased a new position in shares of Datavault AI during the fourth quarter worth $45,000. 0.66% of the stock is currently owned by hedge funds and other 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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