Why Analyst Sticks to Bullish View on Viant (DSP) Despite Headwinds

Viant Technology Inc. (NASDAQ:DSP) is one of the best tech stocks under $10 to invest in. On September 11, Tom White, an analyst at D.A. Davidson, reaffirmed a Buy rating on Viant with an unchanged price target of $15.

Notably, White had initiated coverage on Viant on August 28 with a Buy rating and assigned a $15 price target. His note followed the company’s robust Q2 2025 results in early August. The company reported 18% year-over-year growth in revenue to $77.9 million, led by its Connected TV (CTV) business, which continued to be the primary driver of the company’s growth.

Since White’s initiation, the stock has further corrected by 15%, which has taken its year-to-date decline to 55%. This decline was primarily attributable to concerns about the sustainability of its profitable growth, given competition and macroeconomic headwinds affecting the business.

The company has guided Q3 revenue to be in a range of $83.5 million to $86.5 million, representing 6% year-over-year growth. EBITDA is expected to be in the range of $14.0 million to $15.0 million, implying a flat to slight decline year-over-year. This guidance was weaker than street expectations, as the company factored in the loss of a significant advertiser client by the agency partner.

Viant Technology Inc. (NASDAQ:DSP) is an advertising technology company that provides a cloud-based demand-side platform for marketers. Its platform helps brands and agencies plan, buy, and measure digital media across various channels.

While we acknowledge the potential of DSP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Goldman Sachs Value Stocks: 10 Stocks to Buy and 14 Best Precious Metals Stocks to Buy Now.

Disclosure: None. This article is originally published at Insider Monkey.