Datavault AI shares climbed 20.2% during Thursday’s trading session. The stock reached an intraday high of $0.9072 before closing at $0.8972.
Volume came in at 91.2 million shares. That’s down 33% from the stock’s average daily volume of 137 million shares.
The move extended a period of sharp swings for the artificial intelligence company. Shares remain under pressure from a technical breakdown that began on January 5.
Since that pivot top, the stock has dropped roughly 38%. Near-term charts continue to show downside risk until a clear bottom forms.
Wall Street remains split on DVLT. Maxim Group recently lifted its rating to Buy and raised its price target from $3.00 to $4.00.
Other firms maintain Sell recommendations. The result is a consensus Hold rating across analysts, with a $4.00 average price target.
That target implies upside of more than 300% from current levels. But the divergence in views reflects uncertainty around the company’s execution.
The last quarterly report showed a loss of $0.33 per share. Revenue for the period totaled $2.90 million.
The company posted a negative return on equity of 100.90%. Its net margin came in at negative 1,394.07%.
Analysts project a full-year loss of $13.02 per share. The stock trades with a price-to-earnings ratio of negative 0.85.
Its 50-day moving average sits at $1.32. The 200-day moving average is $1.14, both above the current price.
The company carries a debt-to-equity ratio of 0.14. Its quick ratio stands at 0.64, with a current ratio of 0.68.
Market capitalization is around $515 million. The stock has a beta of 0.14, suggesting lower volatility than the broader market.
Company insiders have been active sellers. Over the last three months, they offloaded 31.2 million shares worth $32.5 million.
Insider Brett Moyer sold 49,016 shares on December 23 at $0.93 per share. The transaction was worth $45,585.
Major shareholder Scilex Holding Co sold 10.7 million shares on January 12. Those shares went for an average price of $0.88, totaling $9.4 million.
After the sale, Scilex still owns 219 million shares valued at roughly $193 million. Insiders collectively own 7.70% of the company.
Institutional ownership remains thin at 0.66%. Vanguard Group picked up a new position worth $1.3 million during the third quarter.
BNP Paribas and JPMorgan Chase also initiated stakes worth $416,000 and $303,000 respectively. Raymond James and Prelude Capital rounded out the new institutional buyers with smaller positions.
Management has outlined plans to deploy an AI-powered data monetization network across more than 100 U.S. cities starting in the second half of 2026, with revenue targets of $200 million for this year and $2 billion to $3 billion in 2027.
The post Datavault AI (DVLT) Stock Climbs 20% on Thursday Trading Session appeared first on CoinCentral.
Also read: Qubic Says Dogecoin Mining Build Is Underway, Revives 51% Attack Fears
