Datavault AI Q2 revenue soars on commercialization of monetization, tokenization platforms
Datavault AI Q2 revenue soars on commercialization of monetization, tokenization platforms
Overview
US AI platform's Q2 revenue rose 287% yr/yr
Company reiterated full-year 2026 revenue target of at least $200 mln
Company completed NYIAX acquisition and entered agreement to acquire CyberCatch
Outlook
Datavault AI reiterates full-year 2026 revenue target of at least $200 mln
Company says focus for H2 2026 is on launching exchanges and scaling infrastructure
Result Drivers
PLATFORM COMMERCIALIZATION - Co said revenue growth was driven by progress in assembling and integrating technology and infrastructure to support commercialization of its data monetization and tokenization platforms
ACQUISITIONS AND PARTNERSHIPS - Co said completion of NYIAX acquisition and agreement to acquire CyberCatch, as well as collaborations with Fiserv and Available Infrastructure, contributed to building out its integrated technology ecosystem
NEW REVENUE STREAMS - Co cited expanded sports and entertainment monetization initiatives and new patent license revenue as contributors to Q2 growth
Company press release: ID:nBw1kN08Ja
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $6.72 mln | $30.25 mln (2 Analysts) |
Q2 Loss Per Share |
| $0.12 |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Datavault AI Inc is $2.50, about 546.5% above its August 18 closing price of $0.39
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Datavault AI
See all newsBrief: Datavault Ai Signs Non-Binding Letter Of Intent To Acquire A 19.9% Equity Stake In Datameds Ai In Consideration Of An Expanded Technology License
Brief: Datavault Ai Appoints Christopher R. Hardt As Independent Director Following Nyiax Acquisition
Brief: Datavault AI Announces Rights Offering To Shareholders
Brief: Datavault AI Receives $100 Mln Purchase Order For $QEST Tokenization Services
Brief: Datavault Ai Issues Statement Regarding Recent Shareholder Litigation