Analyst Scott Buck from H.C. Wainwright reiterated a Buy rating on Inuvo and keeping the price target at $15.00.
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Scott Buck has given his Buy rating due to a combination of factors including Inuvo’s notable revenue growth and strategic positioning. Despite a slight miss in the 2Q25 revenue estimate, the company achieved a 24.5% year-over-year increase, indicating robust growth. The addition of new customers, particularly those with higher margins, and increased wallet share from existing clients are driving this positive trend.
Furthermore, the anticipation of a stronger second half of 2025, characterized by increased ad spending, supports the expectation of exceeding $100 million in revenue for the year. Scott Buck also notes the potential for improved gross margins and positive adjusted EBITDA in the latter half of 2025. With Inuvo’s shares trading at a low multiple relative to 2026 revenue estimates, the stock is viewed as undervalued, justifying the Buy rating and a price target of $15.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of INUV in relation to earlier this year.