Tearsheet

Datavault AI (DVLT)


Market Price (12/5/2025): $1.87 | Market Cap: $127.5 Mil
Sector: Information Technology | Industry: Systems Software

Datavault AI (DVLT)


Market Price (12/5/2025): $1.87
Market Cap: $127.5 Mil
Sector: Information Technology
Industry: Systems Software

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 148%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -33 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -754%
1 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, and Cloud Computing. Themes include AI Software Platforms, Data Centers & Infrastructure, Show more.
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 83%
2  Stock price has recently run up significantly
6M Rtn6 month market price return is 126%
3  Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -480%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -484%
4  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -131%
5  Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 42%
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 148%
1 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, and Cloud Computing. Themes include AI Software Platforms, Data Centers & Infrastructure, Show more.
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -33 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -754%
3 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 83%
4 Stock price has recently run up significantly
6M Rtn6 month market price return is 126%
5 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -480%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -484%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -131%
7 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 42%

Valuation, Metrics & Events

DVLT Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Between August 31, 2025, and December 5, 2025, Datavault AI (DVLT) experienced a significant stock price increase of 421% due to several key developments:



1. Upward Revision of Revenue Guidance
Datavault AI significantly raised its revenue guidance for both fiscal year 2025 and 2026. On November 17, 2025, the company announced that its Q3 2025 revenue rose 148% year-over-year to $2.9 million, and sequentially by 67% compared to Q2-25. More notably, it raised the low end of its FY 2025 revenue guidance to $30 million and its 2026 guidance to exceed $200 million, attributing this growth to scaling operations in its Acoustic Science and Data Science divisions and monetization through its licensing model.

2. $150 Million Strategic Investment from Scilex Holding Company
On September 25, 2025, Datavault AI announced a strategic investment of $150 million from Scilex Holding Company (Nasdaq: SCLX). This investment, executed in Bitcoin, was intended to bolster Datavault AI's balance sheet, provide growth capital for its supercomputing infrastructure, and enable the expansion of its independent data exchanges, thereby unlocking new revenue streams.

Show more

Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
DVLT Return------ 
Peers Return9%6%-31%39%-9%4%4%
S&P 500 Return16%27%-19%24%23%17%112%

Monthly Win Rates [3]
DVLT Win Rate-----25% 
Peers Win Rate12%27%20%38%33%72% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
DVLT Max Drawdown------ 
Peers Max Drawdown0%-1%-34%-10%-22%-13% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: GEN, PATH, S, CHOW, NTSK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/4/2025 (YTD)

How Low Can It Go

DVLT has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

Unique KeyEventXLKS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-34.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven51.6%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven278 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-31.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven46.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven79 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-24.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven31.8%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven105 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-53.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven115.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1183 days1480 days

Compare to


In The Past

SPDR Select Sector Fund's stock fell -34.0% during the 2022 Inflation Shock from a high on 12/27/2021. A -34.0% loss requires a 51.6% gain to breakeven.

Preserve Wealth

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Asset Allocation

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About Datavault AI (DVLT)

Better Bets than Datavault AI (DVLT)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select past ideas related to DVLT. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
1.9%1.9%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
3.7%3.7%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.1%5.1%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
5.5%5.5%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
8.0%8.0%0.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
1.9%1.9%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
3.7%3.7%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.1%5.1%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
5.5%5.5%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
8.0%8.0%0.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Datavault AI

Peers to compare with:

Financials

DVLTGENPATHSCHOWNTSKMedian
NameDatavaul.Gen Digi.UiPath Sentinel.ChowChow.Netskope  
Mkt Price1.8627.0618.4816.9710.1819.6817.73
Mkt Cap0.116.79.95.6--7.8
Rev LTM44,4731,497907--1,202
Op Inc LTM-331,697-46-328---40
FCF LTM-211,30031017--163
FCF 3Y Avg-181,463268-44--125
CFO LTM-211,32433541--188
CFO 3Y Avg-181,480282-22--132

Growth & Margins

DVLTGENPATHSCHOWNTSKMedian
NameDatavaul.Gen Digi.UiPath Sentinel.ChowChow.Netskope  
Rev Chg LTM148.1%16.2%8.3%25.4%--20.8%
Rev Chg 3Y Avg21.6%16.5%14.6%45.6%--19.0%
Rev Chg Q402.9%25.3%14.4%21.7%--23.5%
QoQ Delta Rev Chg LTM45.6%5.8%3.1%5.0%--5.4%
Op Mgn LTM-754.1%37.9%-3.1%-36.2%---19.6%
Op Mgn 3Y Avg-883.0%36.7%-12.6%-53.2%---32.9%
QoQ Delta Op Mgn LTM112.4%-1.3%5.8%2.1%--4.0%
CFO/Rev LTM-480.2%29.6%22.4%4.5%--13.4%
CFO/Rev 3Y Avg-657.3%37.1%20.7%-5.5%--7.6%
FCF/Rev LTM-484.0%29.1%20.7%1.8%--11.3%
FCF/Rev 3Y Avg-659.9%36.7%19.6%-8.7%--5.5%

Valuation

DVLTGENPATHSCHOWNTSKMedian
NameDatavaul.Gen Digi.UiPath Sentinel.ChowChow.Netskope  
Mkt Cap0.116.79.95.6--7.8
P/S10.33.94.66.7--5.6
P/EBIT-1.410.9-148.1-19.8---10.6
P/E-0.830.7340.3-14.1--14.9
P/CFO-2.213.220.5148.8--16.9
Total Yield-126.8%5.0%0.3%-7.1%---3.4%
Dividend Yield0.0%1.8%0.0%0.0%--0.0%
FCF Yield 3Y Avg-9.5%3.6%-1.0%--3.6%
D/E0.80.50.00.0--0.3
Net D/E0.80.5-0.2-0.1--0.2

Returns

DVLTGENPATHSCHOWNTSKMedian
NameDatavaul.Gen Digi.UiPath Sentinel.ChowChow.Netskope  
1M Rtn4.5%5.1%29.5%0.6%19.3%-10.7%4.8%
3M Rtn541.4%-7.9%70.3%-6.5%--31.9%
6M Rtn125.5%-6.3%39.4%-6.3%--16.5%
12M Rtn--13.1%20.5%-40.8%---13.1%
3Y Rtn-22.2%39.9%19.1%--22.2%
1M Excs Rtn3.2%3.8%28.2%-0.7%18.1%-11.9%3.5%
3M Excs Rtn500.1%-13.6%55.0%-15.2%--20.7%
6M Excs Rtn110.1%-21.8%23.9%-21.8%--1.1%
12M Excs Rtn--24.4%13.9%-51.5%---24.4%
3Y Excs Rtn--45.8%-16.3%-63.4%---45.8%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Single Segment23722
Total23722


Net Income by Segment
$ Mil20242023202220212020
Consumer Audio Products-19    
Total-19    


Price Behavior

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity28,661,371
Short Interest: % Change Since 1031202521.0%
Average Daily Volume43,821,049
Days-to-Cover Short Interest1
Basic Shares Quantity68,174,418
Short % of Basic Shares42.0%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025819202510-Q 6/30/2025
3312025514202510-Q 3/31/2025
12312024331202510-K 12/31/2024
93020241114202410-Q 9/30/2024
6302024814202410-Q 6/30/2024
3312024520202410-Q 3/31/2024
12312023401202410-K 12/31/2023
93020231114202310-Q 9/30/2023
6302023814202310-Q 6/30/2023
3312023515202310-Q 3/31/2023
12312022317202310-K 12/31/2022
93020221116202210-Q 9/30/2022
6302022815202210-Q 6/30/2022
3312022511202210-Q 3/31/2022
12312021311202210-K 12/31/2021
93020211110202110-Q 9/30/2021