(DV) DoubleVerify Holdings - Overview
Stock: Media Analytics, Ad Verification, Brand Safety, Campaign Optimization
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 43.1% |
| Relative Tail Risk | -10.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.28 |
| Alpha | -71.23 |
| Character TTM | |
|---|---|
| Beta | 0.820 |
| Beta Downside | 0.612 |
| Drawdowns 3y | |
|---|---|
| Max DD | 78.02% |
| CAGR/Max DD | -0.39 |
Description: DV DoubleVerify Holdings January 13, 2026
DoubleVerify Holdings, Inc. (NYSE: DV) is a U.S.–based provider of media-effectiveness platforms that deliver data-analytics services to advertisers, publishers, and supply-side partners across multiple verticals, including CPG, finance, telecom, tech, automotive, and healthcare.
The firm’s core offerings include DV Authentic Ad (a composite quality score covering fraud, brand safety, viewability, and geographic compliance), DV Authentic Attention (actionable insights to boost campaign performance), Scibids AI (machine-learning-driven campaign optimization), and a Custom Contextual solution that matches ads to relevant editorial content. For publishers, DoubleVerify supplies the DV Publisher suite (inventory-yield management, video delivery optimization, and loss-prevention analytics) and DV Pinnacle (an interface for cross-channel performance monitoring and control).
Key market signals that shape DoubleVerify’s growth prospects: (1) Global digital ad spend is projected to exceed $800 billion in 2025, with programmatic buying accounting for > 70 % of the total, expanding the addressable market for verification services; (2) Industry-wide ad-fraud losses are estimated at $42 billion annually, underscoring demand for robust fraud-prevention metrics like DV Authentic Ad; (3) In FY 2023 DoubleVerify reported revenue of approximately $620 million, a 22 % YoY increase, driven largely by AI-enabled optimization tools and higher adoption among enterprise advertisers.
For a deeper, data-driven comparison of DoubleVerify’s valuation metrics against peers, you may find ValueRay’s analytical dashboards useful.
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income: 44.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA -0.57 > 1.0 |
| NWC/Revenue: 48.68% < 20% (prev 76.95%; Δ -28.27% < -1%) |
| CFO/TA 0.14 > 3% & CFO 175.8m > Net Income 44.7m |
| Net Debt (-97.6m) to EBITDA (138.4m): -0.71 < 3 |
| Current Ratio: 3.98 > 1.5 & < 3 |
| Outstanding Shares: last quarter (166.5m) vs 12m ago -4.26% < -2% |
| Gross Margin: 82.02% > 18% (prev 0.82%; Δ 8119 % > 0.5%) |
| Asset Turnover: 56.23% > 50% (prev 48.65%; Δ 7.58% > 0%) |
| Interest Coverage Ratio: 51.70 > 6 (EBITDA TTM 138.4m / Interest Expense TTM 1.63m) |
Altman Z'' 4.32
| A: 0.28 (Total Current Assets 476.9m - Total Current Liabilities 119.9m) / Total Assets 1.30b |
| B: 0.21 (Retained Earnings 276.5m / Total Assets 1.30b) |
| C: 0.06 (EBIT TTM 84.3m / Avg Total Assets 1.30b) |
| D: 1.32 (Book Value of Equity 289.7m / Total Liabilities 219.6m) |
| Altman-Z'' Score: 4.32 = AA |
Beneish M -2.97
| DSRI: 0.98 (Receivables 217.6m/193.3m, Revenue 733.3m/638.5m) |
| GMI: 1.00 (GM 82.02% / 82.42%) |
| AQI: 1.11 (AQ_t 0.50 / AQ_t-1 0.45) |
| SGI: 1.15 (Revenue 733.3m / 638.5m) |
| TATA: -0.10 (NI 44.7m - CFO 175.8m) / TA 1.30b) |
| Beneish M-Score: -2.97 (Cap -4..+1) = A |
What is the price of DV shares?
Over the past week, the price has changed by -13.68%, over one month by -14.78%, over three months by -14.86% and over the past year by -57.02%.
Is DV a buy, sell or hold?
- StrongBuy: 3
- Buy: 7
- Hold: 9
- Sell: 0
- StrongSell: 1
What are the forecasts/targets for the DV price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 13.8 | 47.5% |
| Analysts Target Price | 13.8 | 47.5% |
| ValueRay Target Price | 7.1 | -24.5% |
DV Fundamental Data Overview February 03, 2026
P/E Forward = 20.1613
P/S = 2.4143
P/B = 1.6601
P/EG = 0.6929
Revenue TTM = 733.3m USD
EBIT TTM = 84.3m USD
EBITDA TTM = 138.4m USD
Long Term Debt = 6.78m USD (from longTermDebtTotal, last quarter)
Short Term Debt = 17.2m USD (from shortTermDebt, last quarter)
Debt = 103.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -97.6m USD (from netDebt column, last quarter)
Enterprise Value = 1.67b USD (1.77b + Debt 103.1m - CCE 200.7m)
Interest Coverage Ratio = 51.70 (Ebit TTM 84.3m / Interest Expense TTM 1.63m)
EV/FCF = 11.90x (Enterprise Value 1.67b / FCF TTM 140.5m)
FCF Yield = 8.40% (FCF TTM 140.5m / Enterprise Value 1.67b)
FCF Margin = 19.16% (FCF TTM 140.5m / Revenue TTM 733.3m)
Net Margin = 6.10% (Net Income TTM 44.7m / Revenue TTM 733.3m)
Gross Margin = 82.02% ((Revenue TTM 733.3m - Cost of Revenue TTM 131.9m) / Revenue TTM)
Gross Margin QoQ = 82.26% (prev 82.47%)
Tobins Q-Ratio = 1.29 (Enterprise Value 1.67b / Total Assets 1.30b)
Interest Expense / Debt = 0.45% (Interest Expense 467.0k / Debt 103.1m)
Taxrate = 36.67% (32.6m / 88.8m)
NOPAT = 53.4m (EBIT 84.3m * (1 - 36.67%))
Current Ratio = 3.98 (Total Current Assets 476.9m / Total Current Liabilities 119.9m)
Debt / Equity = 0.10 (Debt 103.1m / totalStockholderEquity, last quarter 1.08b)
Debt / EBITDA = -0.71 (Net Debt -97.6m / EBITDA 138.4m)
Debt / FCF = -0.69 (Net Debt -97.6m / FCF TTM 140.5m)
Total Stockholder Equity = 1.07b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.43% (Net Income 44.7m / Total Assets 1.30b)
RoE = 4.18% (Net Income TTM 44.7m / Total Stockholder Equity 1.07b)
RoCE = 7.82% (EBIT 84.3m / Capital Employed (Equity 1.07b + L.T.Debt 6.78m))
RoIC = 4.99% (NOPAT 53.4m / Invested Capital 1.07b)
WACC = 8.46% (E(1.77b)/V(1.87b) * Re(8.94%) + D(103.1m)/V(1.87b) * Rd(0.45%) * (1-Tc(0.37)))
Discount Rate = 8.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.46%
[DCF Debug] Terminal Value 79.77% ; FCFF base≈144.3m ; Y1≈177.9m ; Y5≈303.1m
Fair Price DCF = 29.66 (EV 4.68b - Net Debt -97.6m = Equity 4.78b / Shares 161.1m; r=8.46% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 20.88 | EPS CAGR: -36.88% | SUE: -2.20 | # QB: 0
Revenue Correlation: 94.39 | Revenue CAGR: 16.75% | SUE: -0.29 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.20 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=7
EPS next Year (2026-12-31): EPS=1.07 | Chg30d=+0.000 | Revisions Net=-5 | Growth EPS=+11.4% | Growth Revenue=+10.3%