Analyst Ryan Koontz from Needham maintained a Buy rating on Kaltura and keeping the price target at $3.00.
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Ryan Koontz has given his Buy rating due to a combination of factors that highlight Kaltura’s strong financial performance and strategic initiatives. The company reported impressive results for the second quarter of 2025, surpassing expectations with its adjusted EBITDA guidance. Kaltura’s subscription revenue showed a year-over-year increase, and the company achieved its highest net gross margin since 2020.
Additionally, Kaltura successfully closed several significant deals, including its first AI-driven agreements, which contributed to growth in its remaining performance obligations. Although there is an anticipated temporary dip in revenue for the third quarter, projections indicate accelerated growth towards the end of the year. The company’s strategic focus on profitability, including a reduction in workforce primarily affecting research and development and cost of goods sold, is expected to enhance its financial metrics. These factors collectively support the Buy rating by indicating a positive outlook for Kaltura’s future performance.
Koontz covers the Technology sector, focusing on stocks such as Extreme Networks, Adtran, and Calix. According to TipRanks, Koontz has an average return of 4.1% and a 47.64% success rate on recommended stocks.