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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$1.25 - $3.05
Previous Close$3.01
Volume9.68M
Average Volume (3M)1.13M
Market Cap
$447.65M
Enterprise Value$423.56M
Total Cash (Recent Filing)$34.56M
Total Debt (Recent Filing)$11.22M
Price to Earnings (P/E)―
Beta1.82
Next Earnings
Feb 21, 2025EPS Estimate
<$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding148,473,428
10 Day Avg. Volume390,990
30 Day Avg. Volume1,126,906
Standard Deviation0.31
R-Squared0.32
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.21
Price to Sales (P/S)2.25
Price to Cash Flow (P/CF)10.50
P/FCF Ratio16.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.87
Enterprise Value/Gross Profit3.99
Enterprise Value/Ebitda-29.66
Forecast
1Y Price Target
$2.25Price Target Upside-25.37% Downside
Rating ConsensusHold
Number of Analyst Covering3
Innovid News
PremiumThe Fly
Innovid rises 86.7%
PremiumThe Fly
Innovid rises 87.0%
Bulls Say, Bears Say
Bulls Say
Global ExpansionThe strategic rationale for the acquisition makes sense as Mediaocean can expand Innovid's reach globally.
Market TrendsInnovid will continue to benefit from the $158B of linear TV budgets shifting to CTV while it remains focused on cost discipline as it drives toward its long-term target of 30%+ EBITDA margins.
Product AdoptionInnovid is seeing increased adoption of its software-only, self-service offering with self-service impressions growing 50% Y/Y, as it now represents ~25% of its ad-serving revenue.
Bears Say
Financial PerformanceThe investment thesis was impacted by financial results coming in below consensus.
GuidanceGuidance for the fiscal year 2024 was revised modestly lower.
RevenueRevenue came in lower than expected due to increases in political ad spend crowding out traditional spend.
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Ownership Overview
15.54% Insiders
9.61% Mutual Funds
19.87% Other Institutional Investors
48.60% 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 $1.25 and its highest was $3.05 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 Feb 21, 2025 which is in 90 days.
How were Innovid’s earnings last quarter?
Innovid released its earnings results on Nov 12, 2024. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of -$0.003 by $0.033.
Is Innovid overvalued?
According to Wall Street analysts Innovid’s price is currently Overvalued.
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 148,473,430 shares outstanding.
What happened to Innovid’s price movement after its last earnings report?
Innovid reported an EPS of $0.03 in its last earnings report, beating expectations of -$0.003. Following the earnings report the stock price went down -6.218%.
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
Hold
Average Price Target:
$2.25 (-25.37% Downside)
$2.25 (-25.37% Downside)
Blogger Sentiment
Bullish
CTV Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 223.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 3.5%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
131.53%
12-Months-Change
Fundamentals
Return on Equity
-7.02%
Trailing 12-Months
Asset Growth
-1.97%
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
Q3 2024
0:00 / 0:00
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CTV Stock 12 Month Forecast
Average Price Target
$2.25
▼(-25.37% Downside)
Technical Analysis
Best Analysts Covering CTV
1 Year
1 Year Success Rate
2/7 ratings generated profit
1 Year Average Return
-38.63%
reiterated a buy rating 9 months ago
Copying Shweta Khajuria's trades and holding each position for 1 Year would result in 28.57% of your transactions generating a profit, with an average return of -38.63% per trade.
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