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Data Storage ( (DTST) ) just unveiled an announcement.
On January 15, 2026, Data Storage Corporation reported the final results of a cash tender offer that expired on January 12, 2026, in which it purchased 5,625,129 shares of its common stock at $5.20 per share, for a total of about $29.3 million funded from cash on hand. The buyback retired approximately 72% of the company’s outstanding shares as of December 8, 2025, leaving 2,167,138 shares outstanding and more than $10 million in cash, with directors and officers including Chairman and CEO Chuck Piluso among those tendering shares. By significantly reducing its share count while preserving a sizable cash balance, Data Storage has streamlined its capital structure and positioned itself to pursue future strategic initiatives and potential acquisitions across technology-enabled services, including areas such as GPU-related environments, AI-driven software, cybersecurity, and telecommunications, with implications for increased ownership concentration and potential long‑term value creation for remaining shareholders.
The most recent analyst rating on (DTST) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Data Storage stock, see the DTST Stock Forecast page.
Spark’s Take on DTST Stock
According to Spark, TipRanks’ AI Analyst, DTST is a Neutral.
The score is held back primarily by weaker TTM fundamentals—declining revenue, an operating loss, and negative free cash flow with questionable earnings quality—despite a strong low-debt balance sheet. Technicals are supportive with bullish moving-average structure and positive momentum. Valuation is a modest negative due to a negative P/E and no dividend yield data. The earnings call adds a positive tilt from the CloudFirst sale and strengthened cash position, tempered by elevated SG&A and capital-allocation uncertainty around the tender offer.
To see Spark’s full report on DTST stock, click here.
More about Data Storage
Data Storage Corporation (Nasdaq: DTST), through its subsidiary Nexxis, Inc., operates in the technology-enabled communications and connectivity sector, providing Voice over Internet Protocol (VoIP), unified communications services, and dedicated internet connectivity as part of a one-stop solution set. The company focuses on building sustainable, recurring revenue streams with financial discipline and strategic focus, and its market interests span technology-enabled services, including GPU infrastructure, AI-driven software applications, cybersecurity, and voice/data telecommunications.
Average Trading Volume: 76,096
Technical Sentiment Signal: Buy
Current Market Cap: $33.37M
See more data about DTST stock on TipRanks’ Stock Analysis page.