Viant Technology Inc. logo DSP - Viant Technology Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 1
BUY 11
HOLD 1
SELL 0
STRONG
SELL 0
| PRICE TARGET: $15.50 DETAILS
HIGH: $16.50
LOW: $14.50
MEDIAN: $15.50
CONSENSUS: $15.50
UPSIDE: 38.52%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Fair Value Moderate
Trading 16.9% below fair value
Current Price $11.19
Bear Case $10.84 3.1% downside ($10.84 - $11.19) / $11.19 = -3.1% 6% stage 1 growth, 11% discount
Fair Value $13.46 20.3% upside ($13.46 - $11.19) / $11.19 = 20.3% 9% stage 1 growth, 11% discount
Bull Case $15.98 42.8% upside ($15.98 - $11.19) / $11.19 = 42.8% 12% stage 1 growth, 11% discount

Adjust Assumptions

9.4%
11.0%
3.0%

Key Value Driver

FCF growth rate (9% base case)

Terminal Value % of EV 38%
Implied Market Multiple 17.1x

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $15.50 from 13 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $13.46 per share.

Warnings

⚠ Stock-based employee pay equals 103% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions