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Innovid (CTV)
NYSE:CTV
Holding CTV?
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CTV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.95 - $2.58
Previous Close$1.98
Volume260.83K
Average Volume (3M)525.82K
Market Cap
$281.10M
Enterprise Value$270.71M
Total Cash (Recent Filing)$30.58M
Total Debt (Recent Filing)$11.41M
Price to Earnings (P/E)―
Beta1.41
Next Earnings
Nov 07, 2024EPS Estimate
>-$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.15
Shares Outstanding146,407,446
10 Day Avg. Volume166,823
30 Day Avg. Volume525,818
Standard Deviation0.32
R-Squared0.33
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.53
Price to Sales (P/S)3.69
Price to Cash Flow (P/CF)55.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.94
Enterprise Value/Gross Profit2.55
Enterprise Value/Ebitda-50.12
Forecast
1Y Price Target
$2.83Price Target Upside47.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Innovid News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceInnovid reported 1Q24 results, whereby revenue was 4% above consensus and EBITDA came in above the high end of guidance.
Market PositionInnovid has relationships with over 50% of the top 200 TV advertisers, indicating a strong market presence.
Product DevelopmentInnovid’s Harmony initiative represents a potentially meaningful product catalyst.
Bears Say
Financial PerformanceInnovid's Free Cash Flow Yield is reported at negative 5.0%.
Pricing ModelAnalyst expresses disappointment with the fixed-fee pricing model of the Harmony product, preferring a take-rate approach.
Vertical DeclinesDespite a stable ad market, there are year-over-year declines across certain verticals like telecom and insurance.
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Ownership Overview
24.44% Insiders
12.18% Mutual Funds
19.78% Other Institutional Investors
43.60% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CTV FAQ
What was Innovid’s price range in the past 12 months?
Innovid lowest stock price was $0.95 and its highest was $2.58 in the past 12 months.
What is Innovid’s market cap?
Currently, no data Available
When is Innovid’s upcoming earnings report date?
Innovid’s upcoming earnings report date is Nov 07, 2024 which is in 48 days.
How were Innovid’s earnings last quarter?
Innovid released its earnings results on Aug 06, 2024. The company reported -$0.07 earnings per share for the quarter, missing the consensus estimate of -$0.013 by -$0.057.
Is Innovid overvalued?
According to Wall Street analysts Innovid’s price is currently Undervalued.
Does Innovid pay dividends?
Innovid does not currently pay dividends.
What is Innovid’s EPS estimate?
Innovid’s EPS estimate is >-$0.01.
How many shares outstanding does Innovid have?
Innovid has 146,407,440 shares outstanding.
What happened to Innovid’s price movement after its last earnings report?
Innovid reported an EPS of -$0.07 in its last earnings report, missing expectations of -$0.013. Following the earnings report the stock price went down -5.82%.
Which hedge fund is a major shareholder of Innovid?
Among the largest hedge funds holding Innovid’s share is Royce & Associates LLC. It holds Innovid’s shares valued at 8M.
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Innovid Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$2.83 (47.40% Upside)
$2.83 (47.40% Upside)
Blogger Sentiment
Bullish
CTV Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 249.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
62.29%
12-Months-Change
Fundamentals
Return on Equity
-11.18%
Trailing 12-Months
Asset Growth
-1.69%
Trailing 12-Months
Company Description
Innovid
Innovid is a leading software platform providing technology infrastructure and services for creating, delivering, and measuring TV/video ads across connected TV, linear TV, mobile, and desktop TV environments.
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CTV Company Deck
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CTV Earnings Call
Q2 2024
0:00 / 0:00
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CTV Stock 12 Month Forecast
Average Price Target
$2.83
▲(47.40% Upside)
Technical Analysis
Best Analysts Covering CTV
1 Year
1 Year Success Rate
8/18 ratings generated profit
1 Year Average Return
-6.49%
reiterated a buy rating 2 months ago
Copying Laura Martin's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of -6.49% per trade.
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