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Data Storage ( (DTST) ) just unveiled an update.
On August 8, 2025, Data Storage Corporation filed a definitive proxy statement with the SEC for its upcoming annual stockholders meeting on September 10, 2025. The meeting will address the proposed divestiture of its cloud solutions business, which includes selling all assets of its subsidiary, CloudFirst Technologies Corporation, and CloudFirst Europe Ltd. The company received letters from shareholders demanding additional disclosures regarding the divestiture, claiming omissions in the proxy statement. To avoid potential legal disputes and delays, Data Storage Corporation decided to voluntarily provide supplemental disclosures, although it maintains that the original disclosures were sufficient.
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.
Data Storage Corporation’s stock score is primarily influenced by its strong revenue growth and strategic initiatives, despite challenges in profitability and valuation. The proposed sale of CloudFirst offers a potential reset for shareholder value, but the company’s dependency on CloudFirst revenue and increased net loss are significant risks.
To see Spark’s full report on DTST stock, click here.
More about Data Storage
Data Storage Corporation is a Nevada-based company operating in the data storage industry, focusing on cloud solutions. The company is involved in providing cloud services through its subsidiary, CloudFirst Technologies Corporation, and has a market presence in both the United States and Europe.
Average Trading Volume: 352,573
Technical Sentiment Signal: Buy
Current Market Cap: $33.19M
For detailed information about DTST stock, go to TipRanks’ Stock Analysis page.