Shares of Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) fell 2.4% during trading on Wednesday . The stock traded as low as $0.6950 and last traded at $0.7039. 15,820,449 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 57,159,223 shares. The stock had previously closed at $0.7215.
Wall Street Analyst Weigh In
Several research firms have commented on DVLT. Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a research report on Friday. Maxim Group reduced their price objective on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Monday, March 30th. Finally, Wall Street Zen upgraded shares of Datavault AI from a “strong sell” rating to a “hold” rating in a research note on Saturday, March 21st. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Datavault AI currently has a consensus rating of “Hold” and a consensus price target of $3.00.
Check Out Our Latest Analysis on Datavault AI
Datavault AI Trading Down 2.4%
Datavault AI (NASDAQ:DVLT – Get Free Report) last released its earnings results on Wednesday, March 18th. The company reported $0.53 EPS for the quarter. The firm had revenue of $33.82 million during the quarter. Datavault AI had a negative net margin of 202.09% and a negative return on equity of 64.06%.
Hedge Funds Weigh In On Datavault AI
A number of hedge funds have recently made changes to their positions in DVLT. Stonebridge Capital Advisors LLC raised its stake in shares of Datavault AI by 175.0% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 55,000 shares of the company’s stock valued at $36,000 after buying an additional 35,000 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new position in shares of Datavault AI in the 4th quarter valued at $42,000. Prelude Capital Management LLC acquired a new position in shares of Datavault AI in the 3rd quarter valued at $43,000. Clear Creek Financial Management LLC acquired a new position in shares of Datavault AI in the 4th quarter valued at $44,000. Finally, Cerity Partners LLC acquired a new position in shares of Datavault AI in the 4th quarter valued at $45,000. Institutional investors and hedge funds own 0.66% of the company’s stock.
About Datavault AI
Datavault AI Inc, a data sciences technology company, owns and operates data management and supercomputer platforms. It offers data technology and software solutions. The company was formerly known as WiSA Technologies, Inc and changed its name to Datavault AI Inc in February 2025. Datavault AI Inc was incorporated in 2010 and is headquartered in Beaverton, Oregon.
Featured Articles
Receive News & Ratings for Datavault AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Datavault AI and related companies with MarketBeat.com's FREE daily email newsletter.
