Criteo SA, the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Brian Pitz from BMO Capital reiterated a Buy rating on the stock and has a $40.00 price target.
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Brian Pitz has given his Buy rating due to a combination of factors including Criteo SA’s strong third-quarter performance and promising future prospects. The company exceeded expectations with its Contribution ex-TAC and Adjusted EBITDA results, which were significantly above consensus. Additionally, the guidance for 2025 remains robust, with an increase in the expected Adjusted EBITDA margin, signaling confidence in future profitability.
Furthermore, Criteo’s strategic initiatives in AI and agentic commerce present new opportunities for growth. The ongoing proof-of-concept with a leading AI provider could unlock additional retail opportunities, enhancing Criteo’s position in the ad-tech ecosystem. The company’s partnership with Google is also expected to bring in new brands and spending opportunities, contributing to growth beyond 2026. Overall, the attractive risk/reward profile, coupled with a compelling valuation, supports the Buy rating.
According to TipRanks, Pitz is a 5-star analyst with an average return of 18.9% and a 69.09% success rate. Pitz covers the Communication Services sector, focusing on stocks such as Roblox, Alphabet Class A, and Electronic Arts.
In another report released today, Benchmark Co. also reiterated a Buy rating on the stock with a $38.00 price target.