Shares of Datavault AI Inc. (NASDAQ:DVLT – Get Free Report) traded down 1.5% during trading on Wednesday . The company traded as low as $0.3902 and last traded at $0.3943. 18,493,698 shares were traded during trading, a decline of 68% from the average session volume of 57,292,098 shares. The stock had previously closed at $0.4005.
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. Maxim Group reduced 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. Wall Street Zen cut shares of Datavault AI from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Datavault AI in a research note on Friday, April 24th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $3.00.
Read Our Latest Research Report on DVLT
Datavault AI Trading Down 1.5%
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 company 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%.
Hedge Funds Weigh In On Datavault AI
Institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp grew its stake in Datavault AI by 78.3% during the first quarter. Bank of New York Mellon Corp now owns 44,580 shares of the company’s stock valued at $28,000 after acquiring an additional 19,578 shares in the last quarter. Stonebridge Capital Advisors LLC grew its stake in Datavault AI by 175.0% during the fourth quarter. Stonebridge Capital Advisors LLC now owns 55,000 shares of the company’s stock valued at $36,000 after acquiring an additional 35,000 shares in the last quarter. OMERS ADMINISTRATION Corp purchased a new position in Datavault AI during the fourth quarter valued at $42,000. Prelude Capital Management LLC purchased a new position in Datavault AI during the third quarter valued at $43,000. Finally, State of Wyoming purchased a new position in Datavault AI during the first quarter valued at $43,000. 0.66% of the stock is owned by hedge funds and other institutional investors.
Datavault AI Company Profile
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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