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The latest update is out from Bango plc ( (GB:BGO) ).
Bango has announced a partnership with DISH TV and Sling TV to utilize its Digital Vending Machine® for launching and scaling subscription bundles. This collaboration allows DISH customers to add services like a football streaming service to their monthly bills, simplifying access and enhancing customer experience. The partnership is part of DISH’s strategy to offer a variety of subscription services efficiently, leveraging Bango’s technology to access a network of global subscription partners and deploy tailored bundles rapidly. This move strengthens DISH and Sling’s market position by providing flexibility and personalization in subscription offerings, aligning with the evolving demands of the subscription economy.
The most recent analyst rating on (GB:BGO) stock is a Hold with a £93.00 price target. To see the full list of analyst forecasts on Bango plc stock, see the GB:BGO Stock Forecast page.
Spark’s Take on GB:BGO Stock
According to Spark, TipRanks’ AI Analyst, GB:BGO is a Neutral.
Bango plc’s overall stock score is primarily driven by its strong financial performance, particularly in revenue growth and cash flow stability. However, the technical analysis indicates mixed signals, and the valuation is negatively impacted by the lack of profitability and dividend yield. These factors collectively result in a moderate stock score.
To see Spark’s full report on GB:BGO stock, click here.
More about Bango plc
Bango is a company that enables content providers to reach more paying customers through global partnerships, revolutionizing the monetization of digital content and services by facilitating online payments for mobile phone users worldwide. Its Digital Vending Machine® is a key driver in the growth of the subscription economy, offering choice and control for subscribers. Major content providers like Amazon, Google, and Microsoft use Bango’s technology to expand their subscriber reach.
Average Trading Volume: 61,061
Technical Sentiment Signal: Sell
Current Market Cap: £71.07M
For detailed information about BGO stock, go to TipRanks’ Stock Analysis page.