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Comscore (SCOR)
NASDAQ:SCOR
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comScore (SCOR) AI Stock Analysis

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SCOR

comScore

(NASDAQ:SCOR)

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Neutral 59 (OpenAI - 5.2)
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Neutral 59 (OpenAI - 5.2)
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Neutral 59 (OpenAI - 5.2)
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Neutral 59 (OpenAI - 5.2)
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Neutral 59 (OpenAI - 5.2)
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Neutral 59 (OpenAI - 5.2)
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Neutral 59 (OpenAI - 5.2)
Rating:59Neutral
Price Target:
$7.50
▲(11.28% Upside)
Action:ReiteratedDate:03/18/26
The score is driven primarily by improving fundamentals—stronger cash flow and a de-risked balance sheet—plus a cautiously optimistic earnings outlook centered on cross-platform growth and recapitalization benefits. These positives are tempered by weak/flat revenue trends, ongoing (though narrowing) losses that make valuation less supportive, and mixed technical momentum with negative MACD and price below key moving averages.
Positive Factors
Strong cash generation
Consistent and improving operating and free cash flow (operating ~ $23M, FCF ~ $22M in 2025) shows the business funds operations and investment internally. This durable cash-producing profile reduces reliance on external financing and supports capex, product investment and resilience through cycles.
De-risked capital structure
Sharp decline in debt and a rebound to positive equity materially reduce leverage and interest burdens. This structural de‑risking improves financial flexibility, enabling sustained investment in products and giving the company more runway to execute strategy despite cyclical revenue swings.
Product-led cross-platform growth
Robust cross-platform revenue growth and CCM rollout show product-market fit in a secularly growing area of unified measurement. Durable adoption by broadcasters and tech customers supports recurring subscription revenue and positions the company to capture shifts toward cross-device and content-level measurement.
Negative Factors
Stagnant overall revenue
Full-year revenue essentially flat at ~$357M limits operating leverage and long-term margin expansion. Persistent top-line stagnation forces reliance on cost discipline and capital-structure fixes to improve profitability, and raises questions about the durability of earnings gains absent sustained revenue growth.
Customer concentration risk
Dependence on a few large clients creates material revenue volatility and negotiating leverage risk. A strategic shift by a major partner that meaningfully slowed growth demonstrates how concentrated relationships can produce abrupt swings in results and complicate predictable, durable expansion.
Declines in legacy syndicated lines
Sizable legacy streams are contracting (syndicated audience and national TV softness), creating secular pressure on the core revenue base. If legacy declines persist, cross-platform gains may be insufficient to offset them, complicating long-term revenue predictability and margin durability.

comScore (SCOR) vs. SPDR S&P 500 ETF (SPY)

comScore Business Overview & Revenue Model

Company DescriptioncomScore, Inc. operates as an information and analytics company that measures advertising, consumer behavior, and audiences across media platforms in the United States, Europe, Latin America, Canada, and internationally. The company offers ratings and planning products and services, including Media Metrix Multi-Platform and Mobile Metrix, which measure Websites and apps on computers, smartphones, and tablets; Video Metrix that delivers measurement of digital video consumption; Plan Metrix, which offers understanding of consumer lifestyle; TV Essentials that combines TV viewing information with marketing segmentation and consumer databases; and StationView Essentials to understand consumer viewing patterns and characteristics. Its ratings and planning products and services also comprises Cross-Platform solutions, including Comscore Campaign Ratings for verification of mobile and desktop video campaigns; OnDemand Essentials that provides transactional tracking and reporting; validated Campaign Essentials, which validates whether digital ad impressions are visible to humans, identifies those that are fraudulent, and verifies that ads are shown in brand safe content and delivered to the right audience targets; and Total Home Panel Suite, which capture OTT, connected TV, and IOT device usage and content consumption. In addition, the company offers analytics and optimization products and services that provide solutions for planning, optimization, and evaluation of advertising campaigns and brand protection. Further, it provides movies reporting and analytics products and services to measure movie viewership and box office results by capturing movie ticket sales in real time or near real time. The company serves digital publishers, television networks, movie studios, content owners, brand advertisers, agencies, and technology providers. comScore, Inc. was incorporated in 1999 and is headquartered in Reston, Virginia.
How the Company Makes MoneycomScore primarily makes money by selling measurement and analytics products and related services to media, advertising, and content-industry customers. Revenue is generally generated through (1) subscriptions/licenses for access to comScore’s measurement products, datasets, and analytics platforms (e.g., audience measurement for digital properties and cross-platform/TV measurement where applicable), typically sold via recurring contracts; and (2) professional services and other revenue tied to implementation, custom analytics, reporting, and customer support. The company’s ability to earn revenue is influenced by the breadth and quality of its data assets and measurement methodology, the adoption of its cross-platform measurement offerings, and ongoing relationships with participants in the advertising and media ecosystem (e.g., publishers, platforms, broadcasters/streamers, and advertisers) that help support or validate measurement.

comScore Key Performance Indicators (KPIs)

Any
Any
Revenue by Segment
Revenue by Segment
Breaks revenue down by product or business line (for example, digital audience measurement, advertising analytics, subscription services). Helps investors see which offerings produce recurring income versus one‑time projects, which segments carry higher margins, and whether growth depends on a few key products or clients — all important for judging stability and upside potential.
Chart InsightsComscore’s revenue mix is shifting: large but gradually shrinking Syndicated Audience sales are being offset by double‑digit growth in Cross‑platform (and emerging local TV) — driving the modest overall topline gains. The CCM rollout and recapitalization support reinvestment into higher‑growth, higher‑margin offerings, but near‑term results remain vulnerable to client concentration and timing — cross‑platform momentum must sustain to convert product adoption into durable EBITDA recovery.
Data provided by:The Fly

comScore Earnings Call Summary

Earnings Call Date:Mar 17, 2026
(Q4-2025)
|
% Change Since: |
Next Earnings Date:May 12, 2026
Earnings Call Sentiment Positive
The call presents a cautiously optimistic picture: the company delivered modest full-year revenue growth and improved adjusted EBITDA while achieving strong, high-margin expansion in cross-platform and local TV products and completing a meaningful recapitalization that improves financial flexibility. However, declines in syndicated audience and research revenues, a Q4 revenue dip and a noticeable single-client-driven slowdown in cross-platform usage highlight near-term headwinds and client concentration risk. Management expects cross-platform to resume double-digit growth in 2026 and is investing in product and AI capabilities to drive future growth.
Q4-2025 Updates
Positive Updates
Full-Year Revenue and Adjusted EBITDA Improvement
Total revenue for fiscal 2025 was $357.5 million, up 0.4% year-over-year from $356.0 million, and adjusted EBITDA increased to $42 million, up 2.6% versus 2024, yielding an adjusted EBITDA margin of 11.8%.
Strong Cross-Platform Revenue Growth
Cross-platform revenue reached $50.3 million in 2025, up 24.4% year-over-year, driven by higher usage of Proximic and CCR products and the rollout of the CCM cross-platform content measurement product.
Local TV and Movies Growth
Local TV delivered double-digit year-over-year growth (part of syndicated and other offerings) and movies business revenue grew to $38.4 million, up 3.4% year-over-year; Q4 movies revenue was $9.9 million, up 5.5% versus Q4 2024.
Q4 Profitability and Expense Discipline
Fourth-quarter adjusted EBITDA was $14.7 million, up 3.3% year-over-year with a 15.7% adjusted EBITDA margin. Core operating expenses in Q4 were down 4.4% year-over-year driven by lower employee compensation and data costs.
Capital-Structure Recapitalization Benefits
Year-end recapitalization eliminated $18 million in annual preferred dividends, removed a $47 million special dividend obligation, and converted roughly $80 million of preferred shares into common shares, while reducing Board size—improving financial flexibility and lowering governance costs.
Product Innovation and Early Adoption (CCM and AI)
Launched CCM (cross-platform content measurement) with early adoption by several large broadcasters and technology companies; company is advancing AI-measurement capabilities leveraging unique digital panel assets to observe AI search/chat interactions and related consumer behavior.
Negative Updates
Syndicated Audience and National TV Declines
Syndicated audience revenue declined to $253.9 million, down 2.6% year-over-year, driven by decreases in national TV and syndicated digital offerings; national TV softness is a headwind to legacy revenue streams.
Research & Insights Revenue Softness
Research & Insights Solutions revenue decreased to $53.2 million, down 3.1% year-over-year, primarily due to lower deliveries of certain custom digital products despite offsetting new consumer brand health business.
Q4 Revenue Slight Decline and Cross-Platform Slowdown
Total Q4 revenue was $93.5 million, down 1.5% year-over-year. Cross-platform growth in Q4 slowed to just under 10% due to a strategic shift by a large retail media client (lower than earlier-quarter growth rates), impacting near-term momentum.
Concentration and Client Strategy Risk
Management highlighted a notable single-client strategy change that materially impacted Q4 cross-platform growth, underscoring customer-concentration risk and the potential for volatility tied to large partners.
Operating Cost Pressures During 2025
Full-year core operating expenses were up 1% year-over-year driven by higher employee incentive compensation, revenue share costs and panel costs; while partially offset by lower data costs, these expense increases weighed on operating leverage.
Company Guidance
Management guided that cross‑platform remains the engine for 2026—they expect continued double‑digit growth in cross‑platform (it was $50.3M in 2025, up 24.4% YoY) which should offset anticipated declines in national TV and syndicated digital, with ongoing local TV adoption also contributing; revenue in Q1 2026 is expected to be roughly flat versus Q1 2025. They emphasized disciplined investment to drive top‑line growth and improve cash flow while simplifying the balance sheet after a recapitalization that eliminated $18M in annual preferred dividends, removed a $47M special dividend obligation and converted roughly $80M of preferred into common. For context, full‑year 2025 revenue was $357.5M (up 0.4%), adjusted EBITDA was $42M (up 2.6%) with an 11.8% adjusted EBITDA margin; Q4 revenue was $93.5M (down 1.5%) and Q4 adjusted EBITDA was $14.7M (15.7% margin). Management will provide a more detailed financial outlook on the next earnings call.

comScore Financial Statement Overview

Summary
Cash generation is currently strong (positive and improving operating cash flow and free cash flow), and the balance sheet looks materially de-risked with sharply lower debt and improved equity. Offsetting this, revenue has been largely flat and profitability is still not consistently durable despite meaningful loss narrowing.
Income Statement
46
Neutral
Revenue has been largely flat to down over the period, with the latest annual result essentially flat year-over-year (about $357M) after prior declines. Profitability is improving meaningfully: EBIT moved from deep losses in 2022–2024 to a small positive in 2025, and net loss narrowed sharply in 2025 (about -$10M vs. roughly -$60M in 2024). That said, the business is still not consistently profitable, and recent years show sustained negative operating margins, keeping the earnings quality and durability of the turnaround in question.
Balance Sheet
62
Positive
Leverage appears materially improved: total debt fell from $64M in 2024 to about $15M in 2025. Equity also rebounded strongly, moving from slightly negative in 2024 to about $111M in 2025, which improves financial flexibility and reduces balance-sheet risk. The main weakness is the volatility in capital structure (negative equity in 2024) and a shrinking asset base versus earlier years, suggesting prior stress and restructuring effects that investors should not ignore.
Cash Flow
73
Positive
Cash generation is a clear positive. Operating cash flow has been consistently positive in recent years and improved in 2025 (about $23M vs. $18M in 2024). Free cash flow was also solid in 2025 (about $22M), indicating the business is funding operations and investment needs without relying heavily on external capital. The key risk is volatility: free cash flow has swung meaningfully over time (negative in 2020–2021 and much lower in 2023), so sustainability through the cycle remains something to watch.
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue357.47M356.05M371.34M376.42M367.01M
Gross Profit142.18M147.34M165.76M171.13M163.97M
EBITDA35.76M-28.65M-49.46M-17.63M1.64M
Net Income-10.00M-60.25M-79.36M-66.56M-50.04M
Balance Sheet
Total Assets407.71M430.25M491.30M580.59M663.47M
Cash, Cash Equivalents and Short-Term Investments23.62M29.94M22.75M20.04M21.85M
Total Debt54.32M64.12M46.98M53.23M59.59M
Total Liabilities206.55M438.51M435.19M436.42M440.30M
Stockholders Equity201.16M-8.26M56.10M144.16M223.18M
Cash Flow
Free Cash Flow21.78M17.29M5.14M17.11M-5.69M
Operating Cash Flow22.74M18.10M28.93M34.94M9.86M
Investing Cash Flow-23.39M-24.06M-23.79M-17.82M-14.65M
Financing Cash Flow-7.00M17.62M-3.39M-18.13M-22.45M

comScore Technical Analysis

Technical Analysis Sentiment
Positive
Last Price6.74
Price Trends
50DMA
7.66
Negative
100DMA
7.28
Negative
200DMA
6.72
Positive
Market Momentum
MACD
-0.12
Negative
RSI
49.74
Neutral
STOCH
54.54
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SCOR, the sentiment is Positive. The current price of 6.74 is below the 20-day moving average (MA) of 7.08, below the 50-day MA of 7.66, and above the 200-day MA of 6.72, indicating a neutral trend. The MACD of -0.12 indicates Negative momentum. The RSI at 49.74 is Neutral, neither overbought nor oversold. The STOCH value of 54.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SCOR.

comScore Risk Analysis

comScore disclosed 41 risk factors in its most recent earnings report. comScore reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

comScore Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
61
Neutral
$879.99M33.984.51%10.96%
59
Neutral
$34.51M-3.41-11.45%0.77%74.60%
55
Neutral
$624.96M28.43-477.82%64.86%-112.92%
50
Neutral
$235.67M-19.21-137.41%14.25%-211.21%
49
Neutral
$258.50M-15.442.48%-23.61%
43
Neutral
$65.56M-0.03-51.54%-16.83%-485.31%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SCOR
comScore
6.88
-0.38
-5.23%
MAX
MediaAlpha
9.69
-0.10
-1.02%
SEAT
Vivid Seats
6.09
-54.11
-89.88%
TBLA
Taboola.com
3.17
0.19
6.38%
ZH
Zhihu
2.90
-1.57
-35.12%
SMWB
Similarweb
2.71
-6.44
-70.38%

comScore Corporate Events

Business Operations and StrategyExecutive/Board ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
comScore Restructures Capital and Refreshes Board Governance
Positive
Dec 31, 2025

On the unnamed Closing Date related to a previously announced exchange transaction, comScore implemented a Second Amended and Restated Stockholders Agreement that reset the composition of its seven-member board, ensuring board and committee representation for key stockholders alongside unaffiliated directors, including the CEO. In connection with the exchange, four directors — Nana Banerjee, Itzhak Fisher, Leslie Gillin and Marty Patterson — resigned, and Pine’s designee Bob Davenport, an executive at Pine and director and employee of Cerberus Capital Management, L.P., was appointed as a Class III director through the 2028 annual meeting, chairing the Nominating and Governance Committee and joining the Compensation Committee under the company’s standard compensation and indemnification framework. Also effective on the Closing Date, comScore simplified and restructured its capital stock by filing a Certificate of Elimination to retire Series B Preferred Stock to undesignated status, a Certificate of Amendment that cut total authorized shares from 121.75 million to 60 million while reducing preferred authorization and increasing common authorization to 46 million shares, and a new Certificate of Designations creating Series C Preferred Stock. The newly designated Series C Preferred Stock carries a $14.50-per-share liquidation preference, senior dividend and liquidation rights over common stock, broad conversion rights into common shares subject to a 49.99% ownership cap, change-of-control put and call features with a 9.5% interest rate on unpaid amounts, and voting rights that are constrained by a 16.66% per-stockholder and 49.99% aggregate voting threshold to limit any single stockholder’s influence, underscoring comScore’s effort to balance capital flexibility with governance safeguards for minority investors.

The most recent analyst rating on (SCOR) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on comScore stock, see the SCOR Stock Forecast page.

Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
comScore Shareholders Approve Recapitalization at Special Meeting
Positive
Dec 22, 2025

On December 19, 2025, comScore, Inc. held a special meeting of stockholders at which investors overwhelmingly approved proposals related to a recapitalization transaction first announced on September 29, 2025, including votes by common shareholders and Series B Convertible Preferred Stock holders both on an as-converted basis and as a separate class. The recapitalization, which is still subject to a series of closing conditions such as the absence of legal restraints, satisfaction of covenants, Nasdaq listing approval for new shares, concurrent participation by preferred stockholders and an amendment to the company’s senior secured financing agreement, is expected to close by the end of 2025, and its completion is likely to have a significant impact on comScore’s capital structure and financial flexibility, though the company warns that timing and completion remain uncertain due to potential regulatory, market or holiday-related delays.

The most recent analyst rating on (SCOR) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on comScore stock, see the SCOR Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Mar 18, 2026