Viant (DSP) Soars 7.3%: Is Further Upside Left in the Stock?

Company Overview - Viant Technology (DSP) shares increased by 7.3% to $20.56, with a higher-than-average trading volume, contrasting with a 0.4% loss over the past four weeks [1] - The company is focusing on innovation and investments in programmatic advertising, especially in connected TV and streaming audio [1] Earnings Expectations - Viant is expected to report quarterly earnings of$ 0.23 per share, reflecting a year-over-year increase of 64.3% [2] - Revenue projections stand at $52.3 million, which is a 22.8% increase compared to the same quarter last year [2] Stock Performance Insights - The consensus EPS estimate for Viant has remained stable over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] - Viant holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Comparison - Viant operates within the Zacks Technology Services industry, where another company, Ivanhoe Electric (IE), saw a 1.9% decline in its stock price, closing at$ 6.58 [3] - Ivanhoe Electric's EPS estimate for the upcoming report is -$0.25, showing a year-over-year change of 34.2%, and it holds a Zacks Rank of 2 (Buy) [4]