DV Stock Analysis: DoubleVerify Holdings | NYSE
Advertising Agencies | NYSE, USA | Market Cap: 1.756m USD | 12M Return: -22.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 29.8M
EPS Trend: 79.6%
Qual. Beats: 0
Rev. Trend: 99.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
DoubleVerify Holdings, Inc. (NYSE: DV) is a New York-based software company, founded in 2008, that provides media effectiveness and ad verification platforms for the digital advertising ecosystem. Its solutions are designed to measure and optimize the quality of digital media across programmatic platforms, social media channels, and digital publishers, serving verticals such as consumer packaged goods, financial services, telecommunications, technology, automotive, and healthcare.
The companys product suite centers on its flagship DV Authentic Ad metric, which evaluates fraud, brand suitability, viewability, and geography for each digital ad, alongside complementary offerings such as DV Authentic Attention, Custom Contextual targeting, the AI-powered Scibids AI campaign optimization tool, Rockerbox for cross-channel attribution and marketing mix modeling, and DV Pinnacle for unified performance analytics across direct and programmatic buying. The company also offers the DV Publisher Suite to help publishers manage revenue and inventory yield.
Operating within the application software segment of the broader ad tech industry, DoubleVerifys business model is built around software-based verification and measurement tools that address persistent challenges in digital advertising, including ad fraud and brand safety. The company went public on the NYSE in April 2021 and is classified as a small-cap Information Technology stock.
- CTV verification demand accelerates as programmatic ad spending shifts online
- Scibids AI adoption lifts margins through premium campaign optimization pricing
- International expansion in EMEA and APAC diversifies revenue beyond US markets
| Net Income: 54.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA -0.50 > 1.0 |
| NWC/Revenue: 46.70% < 20% (prev 45.26%; Δ 1.44% < -1%) |
| CFO/TA 0.14 > 3% & CFO 177.7m > Net Income 54.7m |
| Net Debt (-78.3m) to EBITDA (148.7m): -0.53 < 3 |
| Current Ratio: 4.77 > 1.5 & < 3 |
| Outstanding Shares: last quarter (164.1m) vs 12m ago -2.86% < -2% |
| Gross Margin: 80.23% > 18% (prev 82.26%; Δ -2.02% > 0.5%) |
| Asset Turnover: 60.56% > 50% (prev 54.53%; Δ 6.02% > 0%) |
| Interest Coverage Ratio: 51.65 > 6 (EBIT TTM 89.1m / Interest Expense TTM 1.73m) |
| A: 0.28 (Total Current Assets 451.4m - Total Current Liabilities 94.6m) / Total Assets 1.27b |
| B: 0.25 (Retained Earnings 312.3m / Total Assets 1.27b) |
| C: 0.07 (EBIT TTM 89.1m / Avg Total Assets 1.26b) |
| D: 5.60 (Book Value of Equity 1.08b / Total Liabilities 193.1m) |
| Altman-Z'' = 8.99 = AAA |
| DSRI: 0.93 (Receivables 222.6m/213.4m, Revenue 764.1m/681.1m) |
| GMI: 1.03 (GM 82.26% / 80.23%) |
| AQI: 0.95 (AQ_t 0.51 / AQ_t-1 0.54) |
| SGI: 1.12 (Revenue 764.1m / 681.1m) |
| TATA: -0.10 (NI 54.7m - CFO 177.7m) / TA 1.27b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of July 15, 2026, the stock is trading at USD 11.60 with a total of 1,180,855 shares traded. Over the past week, the price has changed by +1.40%, over one month by +13.17%, over three months by +14.62% and over the past year by -22.30%.
Current recommended Stop Loss: 10.40 (which is 10.3% or 2.6 ATR below the current price).
DoubleVerify Holdings has received a consensus analysts rating of 3.55. Therefore, it is recommended to hold DV.
- StrongBuy: 3
- Buy: 7
- Hold: 9
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 12.9 | 11% |
P/E Trailing = 34.6667
P/E Forward = 23.5849
P/S = 2.2978
P/B = 1.6237
P/EG = 0.6979
Revenue TTM = 764.1m USD
EBIT TTM = 89.1m USD
EBITDA TTM = 148.7m USD
Long Term Debt = 5.59m USD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 14.9m USD (from shortTermDebt, last quarter)
Debt = 95.5m USD (from shortLongTermDebtTotal, last quarter) (leases 95.5m already included)
Net Debt = -78.3m USD (calculated: Debt 95.5m - CCE 173.8m)
Enterprise Value = 1.68b USD (1.76b + Debt 95.5m - CCE 173.8m)
Interest Coverage Ratio = 51.65 (Ebit TTM 89.1m / Interest Expense TTM 1.73m)
EV/FCF = 12.43x (Enterprise Value 1.68b / FCF TTM 134.9m)
FCF Yield = 8.04% (FCF TTM 134.9m / Enterprise Value 1.68b)
FCF Margin = 17.66% (FCF TTM 134.9m / Revenue TTM 764.1m)
Net Margin = 7.16% (Net Income TTM 54.7m / Revenue TTM 764.1m)
Gross Margin = 80.23% ((Revenue TTM 764.1m - Cost of Revenue TTM 151.0m) / Revenue TTM)
Gross Margin QoQ = 73.18% (prev 82.52%)
Tobins Q-Ratio = 1.32 (Enterprise Value 1.68b / Total Assets 1.27b)
Interest Expense / Debt = 1.81% (Interest Expense 1.73m / Debt 95.5m)
Taxrate = 37.43% (32.7m / 87.4m)
NOPAT = 55.8m (EBIT 89.1m * (1 - 37.43%))
Current Ratio = 4.77 (Total Current Assets 451.4m / Total Current Liabilities 94.6m)
Debt / Equity = 0.09 (Debt 95.5m / totalStockholderEquity, last quarter 1.08b)
Debt / EBITDA = -0.53 (Net Debt -78.3m / EBITDA 148.7m)
Debt / FCF = -0.58 (Net Debt -78.3m / FCF TTM 134.9m)
Total Stockholder Equity = 1.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.34% (Net Income 54.7m / Total Assets 1.27b)
RoE = 5.00% (Net Income TTM 54.7m / Total Stockholder Equity 1.09b)
RoCE = 8.10% (EBIT 89.1m / Capital Employed (Equity 1.09b + L.T.Debt 5.59m))
RoIC = 4.82% (NOPAT 55.8m / Invested Capital 1.16b)
WACC = 9.64% (E(1.76b)/V(1.85b) * Re(10.10%) + D(95.5m)/V(1.85b) * Rd(1.81%) * (1-Tc(0.37)))
Discount Rate = 10.10% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.54 | Cagr: -2.82%
[DCF] Terminal Value 70.65% ; FCFF base≈136.3m ; Y1≈133.9m ; Y5≈135.8m
[DCF] Fair Price = 11.86 (EV 1.74b - Net Debt -78.3m = Equity 1.82b / Shares 153.5m; r=9.64% [WACC]; 5y FCF grow -2.60% → 2.50% )
EPS Correlation: 79.59 | EPS CAGR: 14.50% | SUE: -0.54 | # QB: 0
Revenue Correlation: 99.05 | Revenue CAGR: 16.11% | SUE: 0.13 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.24 | Chg30d=-7.28% | Revisions=+22% | Analysts=6
EPS next Quarter (2026-09-30): EPS=0.27 | Chg30d=-5.06% | Revisions=+38% | Analysts=6
EPS current Year (2026-12-31): EPS=1.07 | Chg30d=-2.62% | Revisions=-10% | GrowthEPS=+21.8% | GrowthRev=+9.4%
EPS next Year (2027-12-31): EPS=1.23 | Chg30d=-2.80% | Revisions=+0% | GrowthEPS=+14.6% | GrowthRev=+9.5%
[Analyst] Revisions Ratio: +15% (up=14, down=10)