Analyst Laura Martin of Needham maintained a Buy rating on DoubleVerify Holdings, retaining the price target of $18.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Laura Martin has given her Buy rating due to a combination of factors that highlight DoubleVerify Holdings’ strategic growth and revenue potential. The company reported impressive second-quarter results for 2025, with a significant year-over-year increase in revenue and adjusted EBITDA, surpassing expectations. This performance underscores the effectiveness of DoubleVerify’s tactical decisions in enhancing revenue growth and pricing power.
Key strategies contributing to this positive outlook include the bundling of products and offering clients flexible payment options, which not only accelerate new business acquisitions but also diversify revenue streams and reduce client churn. Additionally, expanding supply relationships with original equipment manufacturers boosts revenue from connected TV sources, while integration with numerous retailers enhances retail media network revenues. The shift towards outcome-oriented advertising products and the introduction of a percentage-based fee option are expected to further drive revenue growth, reinforcing the Buy rating.
According to TipRanks, Martin is a 5-star analyst with an average return of 8.5% and a 50.30% success rate. Martin covers the Communication Services sector, focusing on stocks such as Roku, Paramount Global, and Stagwell.
In another report released today, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $17.50 price target.