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Adcore ( (TSE:ADCO) ) just unveiled an update.
Adcore has been appointed by boutique women’s apparel brand Selfie Leslie to lead its performance marketing strategy, including media mix modeling, using Adcore’s AI-driven Marketing Cloud and Feeditor App. The mandate positions Adcore to deepen its role in fashion e-commerce marketing by managing campaigns across Selfie Leslie’s extensive product feed to boost engagement, brand awareness and measurable performance, underscoring the company’s push to showcase its data analytics capabilities and advanced e-commerce technologies for growth-focused retail clients.
The most recent analyst rating on (TSE:ADCO) stock is a Hold with a C$0.14 price target. To see the full list of analyst forecasts on Adcore stock, see the TSE:ADCO Stock Forecast page.
Spark’s Take on TSE:ADCO Stock
According to Spark, TipRanks’ AI Analyst, TSE:ADCO is a Neutral.
The score is primarily held back by weak financial performance (sharp TTM revenue decline, ongoing losses, and a large drop in free cash flow) and bearish technicals (price below major moving averages with negative MACD). Low leverage and positive operating cash flow provide partial support, but valuation is difficult to anchor due to negative earnings and no dividend yield data.
To see Spark’s full report on TSE:ADCO stock, click here.
More about Adcore
Adcore Inc. is an AI-powered marketing technology company that provides digital advertising solutions for e-commerce entrepreneurs and advertisers, helping them manage, automate, and analyze online campaigns to maximize return on investment. Founded in 2006 and headquartered in Tel Aviv with additional offices in Toronto, Melbourne, Hong Kong and Shanghai, the company operates a proprietary Marketing Cloud platform and Feeditor App, and holds partner certifications with major digital platforms including Google, Microsoft, Facebook, Amazon and TikTok.
Average Trading Volume: 31,153
Technical Sentiment Signal: Sell
Current Market Cap: C$9.41M
For detailed information about ADCO stock, go to TipRanks’ Stock Analysis page.