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Viant Technology Inc.

DSPTechnologyNASDAQ

Software - Application

PriceMA150MA200
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Indicator snapshot
MA150+7.06%
$10.83

Price above medium-term moving average.

MA200+11.08%
$10.43

Above long-term trend line.

RSI-14neutral
58.4

Balanced. Not overbought, not oversold.

MACDpositive
+0.0487

Histogram positive — upward momentum.

Financials · Annual
Revenue
$344.2M
+19.0% YoY
Net Income
$8.4M
+253.6% YoY
EBITDA
$30.8M
+54.4% YoY
Free Cash Flow
$25.6M

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About Viant Technology Inc.

Viant Technology Inc. operates a cloud-based demand side platform (DSP) that enables the programmatic purchase of digital advertising across multiple channels, including connected TV (CTV), streaming audio, digital. The $760.5M market capitalization puts DSP squarely in small-cap range for its industry. It provides ViantAI, an artificial intelligence product suite; Holistic, Omnichannel DSP, an integrated platform that manages omnichannel campaigns and access metrics; Household ID, which combines digital and personal identifiers into a normalized household profile; IRIS_ID, a content identifier that allows partners to share video-level data to power planning, targeting, and measurement solutions in ad-supported streaming media; and Viant Data Platform, which offers the ability to integrate first-party data with data from top third-party data providers to obtain key insights, reporting, and attribution opportunities.

Key stats
Market Cap$760.5M
P/E (TTM)27.60
Fwd P/E14.56
EPS$0.42
Beta1.00
52W Change-16.0%
ROE9.2%
Analysis

The balance sheet looks solid with $185.7M in cash comfortably exceeding the $23.4M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Annual free cash flow of $25.6M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 9.2% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.9% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $197.2M (2022) to $344.2M (2025), reflecting a 75% increase over the period.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing DSP.

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