Workflow
DoubleVerify's product portfolio
icon
Search documents
DoubleVerify's Repositioned Portfolio Could Unlock High-Teens Growth, Analyst Says
Benzinga· 2025-11-10 19:14
Core Viewpoint - DoubleVerify Holdings, Inc. is showing signs of a potential turnaround after its third-quarter results met expectations and outlined plans for steady double-digit growth into 2026 [1] Earnings Snapshot - The company reported quarterly earnings of 6 cents per share, which fell short of market estimates of 9 cents per share [2] - Quarterly sales were recorded at $188.621 million, compared to expectations of $190.262 million [3] Analyst View - The company is the last remaining player in the media quality measurement space, providing it with greater flexibility for R&D and innovation, which is expected to help capture market share over the long term [4] - The repositioned product portfolio and several quarters of high-teens growth could enhance estimates and valuation [4] - The analyst anticipates significant improvement in the product portfolio positioning by calendar year 2026 compared to early calendar years 2025 and 2024 [5] Estimates Revision - Limited guidance for calendar year 2026 was provided, but management expects at least 10% year-over-year growth under similar macro conditions as the second half of calendar year 2025 [6] - EPS estimates have been revised down to 96 cents for 2025 (from $1.02), $1.14 for 2026 (from $1.24), and $1.28 for 2027 (from $1.49) [6] - The analyst now expects 10% year-over-year revenue growth for calendar years 2026 to 2028 [6] - Following these updates, DV shares increased by 9.96% to $10.33 [6]