Citi lowered the firm’s price target on Outbrain (OB) to $3.90 from $4 and keeps a Neutral rating on the shares following the Q1 report. The company’s Q2 adjusted EBITDA outlook was below Street estimates while management’s reaffirmed fiscal 2025 outlook with the integration on track represented a positive quarter, the analyst tells investors in a research note. Citi came away more positive on Outbrain’s progress of the integration.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OB:
- Cautious Optimism for Outbrain Amid Successful Integration and Macroeconomic Uncertainties
- Outbrain Reports Strong Q1 2025 Results Amid Teads Integration
- Outbrain, Inc. Earnings Call Highlights Strong Growth
- Outbrain’s Promising Growth and Strategic Acquisitions Justify a Buy Rating
- Outbrain reports Q1 EPS (70c) vs. (10c) last year