Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) shares fell 3.9% during mid-day trading on Wednesday . The company traded as low as $0.46 and last traded at $0.4742. 30,517,578 shares traded hands during trading, a decline of 48% from the average session volume of 59,245,137 shares. The stock had previously closed at $0.4936.
Wall Street Analyst Weigh In
A number of research firms have issued reports on DVLT. Wall Street Zen lowered shares of Datavault AI from a “hold” rating to a “sell” rating in a research report on Saturday. Maxim Group cut their target price on shares of Datavault AI from $4.00 to $3.00 and set a “buy” rating for the company in a report on Monday, March 30th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Datavault AI in a report on Friday, April 24th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Datavault AI currently has a consensus rating of “Hold” and a consensus target price of $3.00.
Check Out Our Latest Stock Report on DVLT
Datavault AI Stock Performance
Datavault AI (NASDAQ:DVLT – Get Free Report) last posted its earnings results on Wednesday, March 18th. The company reported $0.53 earnings per share for the quarter. The firm had revenue of $33.82 million during the quarter. Datavault AI had a negative net margin of 292.68% and a negative return on equity of 64.71%.
Institutional Investors Weigh In On Datavault AI
Several institutional investors and hedge funds have recently added to or reduced their stakes in DVLT. Bank of New York Mellon Corp increased its holdings in Datavault AI by 78.3% in the 1st quarter. Bank of New York Mellon Corp now owns 44,580 shares of the company’s stock worth $28,000 after acquiring an additional 19,578 shares in the last quarter. Stonebridge Capital Advisors LLC increased its holdings in Datavault AI by 175.0% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 55,000 shares of the company’s stock worth $36,000 after acquiring an additional 35,000 shares in the last quarter. OMERS ADMINISTRATION Corp purchased a new stake in Datavault AI in the 4th quarter worth $42,000. Prelude Capital Management LLC purchased a new stake in Datavault AI in the 3rd quarter worth $43,000. Finally, State of Wyoming purchased a new stake in Datavault AI in the 1st quarter worth $43,000. Hedge funds and other institutional investors 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.
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