DoubleVerify Holdings Inc. (DV) is a 'Market Perform' on High-Teens Growth Prospects

DoubleVerify Holdings Inc. (NYSE:DV) is one of the best beaten-down technology stocks to buy, according to analysts. On September 25, analysts at Citizens JMP reiterated a ‘Market Perform’ rating on the stock and a $20 price target. The positive stance is supported by solid gross profit margins of 82.1%.

The research firm has echoed the company’s long-term prospects, supported by multiple growth drivers, including Meta Activation, DV Authentic AdVantage, and Performance AdVantage. The research firm expects the tailwinds to trigger high teens’ growth. The remarks come as the company already covers 20% of open web impressions.

While a 6% market share in social media underscores significant growth, DoubleVerify is poised for substantial growth as new products scale. Citizens JMP remains confident about the company’s prospects, owing to strong execution across core offerings, such as ABS, which is awaiting a large advertiser.

DoubleVerify Holdings Inc. (NYSE:DV) provides a software platform that verifies and analyzes digital advertising, ensuring media quality and driving performance for brands, agencies, and publishers. It offers solutions for media quality, such as brand safety, fraud prevention, viewability, and geography verification, along with attention and performance optimization tools.

While we acknowledge the potential of DV 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.

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