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Viant Technology Inc. (DSP) Stock Fundamental Analysis & AI Rating 2026

DSP Nasdaq Services-Computer Programming, Data Processing, Etc. DE CIK: 0001828791
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
75% Confidence
STRONG AGREEMENT
BUY
72% Conf
BUY
78% Conf

📊 DSP Key Takeaways

Revenue: $344.2M
Net Margin: 2.4%
Free Cash Flow: $51.7M
Current Ratio: 2.40x
Debt/Equity: 0.00x
EPS: $0.36
AI Rating: BUY with 72% confidence
Viant Technology Inc. (DSP) receives a BUY rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $344.2M, net profit margin of 2.4%, and return on equity (ROE) of 10.2%, Viant Technology Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete DSP stock analysis for 2026.

Is Viant Technology Inc. (DSP) a Good Investment?

Claude

Viant Technology demonstrates solid revenue growth of 19% YoY with strong cash generation (FCF of $51.7M and 15% FCF margin), indicating a fundamentally sound business model. The company maintains excellent financial health with zero long-term debt, substantial cash reserves of $191.2M, and strong liquidity metrics, providing significant downside protection and strategic flexibility.

ChatGPT

Viant Technology shows solid fundamental momentum with 19.0% revenue growth, strong free cash flow generation, and a debt-free balance sheet supported by substantial cash reserves. Growth quality appears good because operating cash flow and free cash flow are strong relative to revenue, while EPS improved sharply, though low net and operating margins suggest profitability still needs to scale further. Overall, the company looks fundamentally healthy with improving execution, but margin expansion remains the key factor for a stronger conviction level.

Why Buy Viant Technology Inc. Stock? DSP Key Strengths

Claude
  • + Strong revenue growth of 19% YoY demonstrating market traction in competitive SaaS/data processing space
  • + Exceptional cash flow generation with $51.7M free cash flow and 15% FCF margin showing business quality
  • + Fortress balance sheet with $191.2M cash, zero long-term debt, and 0.00x debt-to-equity ratio
  • + Robust liquidity with 2.40x current ratio and exceptional 60.4x interest coverage
  • + Diluted EPS growth of 157% YoY indicating improving earnings per share efficiency
ChatGPT
  • + Revenue growth is strong at 19.0% year over year, indicating healthy demand and business momentum
  • + Balance sheet strength is high with $191.15M in cash and no long-term debt, reducing financial risk
  • + Free cash flow generation is robust at $51.68M with a 15.0% FCF margin, supporting growth quality

DSP Stock Risks: Viant Technology Inc. Investment Risks

Claude
  • ! Low profitability metrics with 3.5% operating margin and 2.4% net margin suggesting thin earnings despite revenue growth
  • ! Modest return on equity of 10.2% and ROA of 1.8% indicate capital deployment could be more efficient
  • ! Revenue growth deceleration risk in highly competitive data processing and DSP market
  • ! Significant insider activity (14 Form 4 filings in 90 days) warrants monitoring for potential sell signals
  • ! Limited gross margin visibility limits assessment of true operational efficiency and pricing power
ChatGPT
  • ! Operating margin of 3.5% and net margin of 2.4% remain thin, leaving limited room for execution missteps
  • ! Net income was essentially flat year over year despite strong revenue growth, which may indicate cost pressure or uneven operating leverage
  • ! Gross margin data is unavailable, making it harder to fully assess unit economics and profitability durability

Key Metrics to Watch

Claude
  • * Operating margin expansion as revenue scales, targeting 5%+ to improve profitability
  • * Free cash flow sustainability and whether FCF margin can remain above 15%
  • * Revenue growth trajectory and customer concentration risk in competitive DSP market
  • * Return on equity improvement through more efficient capital utilization of $191.2M cash balance
  • * Operating expense leverage as company scales revenue
ChatGPT
  • * Operating margin trend and whether revenue growth converts into stronger net income
  • * Free cash flow margin sustainability alongside cash flow from operations growth

Viant Technology Inc. (DSP) Financial Metrics & Key Ratios

Revenue
$344.2M
Net Income
$8.4M
EPS (Diluted)
$0.36
Free Cash Flow
$51.7M
Total Assets
$474.7M
Cash Position
$191.2M

💡 AI Analyst Insight

Strong liquidity with a 2.40x current ratio provides a solid financial cushion.

DSP Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 3.5%
Net Margin 2.4%
ROE 10.2%
ROA 1.8%
FCF Margin 15.0%

DSP vs Technology Sector: How Viant Technology Inc. Compares

How Viant Technology Inc. compares to Technology sector averages

Net Margin
DSP 2.4%
vs
Sector Avg 18.0%
DSP Sector
ROE
DSP 10.2%
vs
Sector Avg 22.0%
DSP Sector
Current Ratio
DSP 2.4x
vs
Sector Avg 2.5x
DSP Sector
Debt/Equity
DSP 0.0x
vs
Sector Avg 0.5x
DSP Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Viant Technology Inc. Stock Overvalued? DSP Valuation Analysis 2026

Based on fundamental analysis, Viant Technology Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
10.2%
Sector avg: 22%
Net Profit Margin
2.4%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Viant Technology Inc. Balance Sheet: DSP Debt, Cash & Liquidity

Current Ratio
2.40x
Quick Ratio
2.40x
Debt/Equity
0.00x
Debt/Assets
39.2%
Interest Coverage
60.39x
Long-term Debt
$0.0

DSP Revenue & Earnings Growth: 5-Year Financial Trend

DSP 5-year financial data: Year 2021: Revenue $224.1M, Net Income -$7.7M, EPS $27.37. Year 2022: Revenue $224.1M, Net Income -$7.7M, EPS $20.64. Year 2023: Revenue $224.1M, Net Income -$7.7M, EPS $-0.63. Year 2024: Revenue $289.2M, Net Income -$11.9M, EPS $-0.84. Year 2025: Revenue $344.2M, Net Income -$3.4M, EPS $-0.23.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Viant Technology Inc.'s revenue has grown significantly by 54% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.23 indicates the company is currently unprofitable.

DSP Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
15.0%
Free cash flow / Revenue

DSP Quarterly Earnings & Performance

Quarterly financial performance data for Viant Technology Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $79.9M $96.0K $0.00
Q2 2025 $65.9M $55.0K $0.00
Q1 2025 $53.4M -$947.0K $-0.06
Q3 2024 $59.6M -$526.0K $-0.03
Q2 2024 $57.2M $55.0K $0.00
Q1 2024 $41.7M -$947.0K $-0.06
Q3 2023 $48.8M -$526.0K $-0.03
Q2 2023 $51.2M -$1.1M $-0.07

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Viant Technology Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$52.6M
Cash generated from operations
Capital Expenditures
$926.0K
Investment in assets
Dividends
None
No dividend program

DSP SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Viant Technology Inc. (CIK: 0001828791)

📋 Recent SEC Filings

Date Form Document Action
Apr 15, 2026 8-K dsp-20260414.htm View →
Apr 7, 2026 4 xslF345X06/wk-form4_1775596442.xml View →
Apr 3, 2026 4 xslF345X06/wk-form4_1775246594.xml View →
Mar 19, 2026 4 xslF345X06/wk-form4_1773965901.xml View →
Mar 19, 2026 4 xslF345X06/wk-form4_1773965880.xml View →

Frequently Asked Questions about DSP

What is the AI rating for DSP?

Viant Technology Inc. (DSP) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are DSP's key strengths?

Claude: Strong revenue growth of 19% YoY demonstrating market traction in competitive SaaS/data processing space. Exceptional cash flow generation with $51.7M free cash flow and 15% FCF margin showing business quality. ChatGPT: Revenue growth is strong at 19.0% year over year, indicating healthy demand and business momentum. Balance sheet strength is high with $191.15M in cash and no long-term debt, reducing financial risk.

What are the risks of investing in DSP?

Claude: Low profitability metrics with 3.5% operating margin and 2.4% net margin suggesting thin earnings despite revenue growth. Modest return on equity of 10.2% and ROA of 1.8% indicate capital deployment could be more efficient. ChatGPT: Operating margin of 3.5% and net margin of 2.4% remain thin, leaving limited room for execution missteps. Net income was essentially flat year over year despite strong revenue growth, which may indicate cost pressure or uneven operating leverage.

What is DSP's revenue and growth?

Viant Technology Inc. reported revenue of $344.2M.

Does DSP pay dividends?

Viant Technology Inc. does not currently pay dividends.

Where can I find DSP SEC filings?

Official SEC filings for Viant Technology Inc. (CIK: 0001828791) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DSP's EPS?

Viant Technology Inc. has a diluted EPS of $0.36.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is DSP a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Viant Technology Inc. has a BUY rating with 75% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is DSP stock overvalued or undervalued?

Valuation metrics for DSP: ROE of 10.2% (sector avg: 22%), net margin of 2.4% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy DSP stock in 2026?

Our dual AI analysis gives Viant Technology Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is DSP's free cash flow?

Viant Technology Inc.'s operating cash flow is $52.6M, with capital expenditures of $926.0K. FCF margin is 15.0%.

How does DSP compare to other Technology stocks?

Vs Technology sector averages: Net margin 2.4% (avg: 18%), ROE 10.2% (avg: 22%), current ratio 2.40 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI