Analyst Laura Martin from Needham maintained a Buy rating on DoubleVerify Holdings and keeping the price target at $18.00.
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Laura Martin’s rating is based on several positive financial indicators observed in DoubleVerify Holdings’ recent performance. One of the key reasons for the Buy rating is the company’s effective management of its workforce, which has resulted in increased revenue and free cash flow per full-time employee. This strategic approach has led to a significant doubling of free cash flow per employee in the second quarter of 2025, showcasing the company’s operational efficiency.
Additionally, DoubleVerify Holdings has demonstrated a consistent upward trend in revenue per employee over the past four and a half years, with a notable 28% increase from fiscal year 2021 to the second quarter of 2025. This steady growth in revenue per employee is viewed as a strong investment indicator, further supporting the Buy rating. Despite a rise in stock-based compensation per employee, the overall financial health and growth prospects of the company remain strong, justifying the positive outlook.
In another report released on September 15, BMO Capital also maintained a Buy rating on the stock with a $27.00 price target.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DV in relation to earlier this year.