Is Viant Technology, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Viant Technology, Inc. has moved from very attractive to fair. The company appears to be overvalued based on its current metrics. Key ratios include a P/E ratio of 65, an EV to EBITDA of 33.14, and a PEG ratio of 0.13, which suggest that the stock is priced high relative to its earnings growth potential.
In comparison to peers, Viant Technology's P/E ratio of 65 is significantly higher than OptimizeRx Corp.'s P/E of 45.18, indicating that Viant may be overvalued relative to its industry. Additionally, the company's return performance has been poor, with a year-to-date return of -57.03% compared to the S&P 500's 13.30%, reinforcing the notion that the stock is not performing well in the current market environment.