Thryv Holdings (THRY) AI Stock Analysis

• Market Cap: $314.63M
• Dividend Yield: N/A
• Average Volume (3M): 409.85K
• Price to Earnings (P/E): 16.9
• Beta (1Y): 1.44
• Revenue Growth: -10.73%
• EPS Growth: N/A
• Country: US
• Employees: 2,986
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): 0.13
• Shares Outstanding: 43,576,893
• 10 Day Avg. Volume: 333,692
• 30 Day Avg. Volume: 409,852
• PEG Ratio: 0.10
• Price to Book (P/B): 2.79
• Price to Sales (P/S): 0.67
• P/FCF Ratio: 9.77
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $15.00
• Price Target Upside: 27.77% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: $6.50 ▼(-44.63% Downside)

Thryv Holdings is on a recovery path with strong SaaS growth and strategic innovations in AI, as highlighted in the earnings call. However, the stock faces challenges with profitability, technical bearish momentum, and valuation concerns. The company's ability to address subscriber growth and partner performance issues will be crucial for future success.

Positive Factors

SaaS Revenue Growth

Strong SaaS revenue growth indicates robust demand for Thryv's platform, enhancing its market position and supporting long-term revenue expansion.

AI Integration and Innovation

AI innovations enhance product offerings, improve customer engagement, and streamline operations, providing a competitive edge in the tech-driven market.

Balance Sheet Health

Improved balance sheet health with reduced leverage enhances financial stability and flexibility, supporting sustainable growth and investment capacity.

Negative Factors

Subscriber Growth Challenges

Sluggish subscriber growth and declining NRR could limit future revenue potential, necessitating strategic focus on customer acquisition and retention.

Partner Performance Issues

Underperformance in partner channels may hinder strategic growth initiatives and synergies from acquisitions, affecting long-term expansion plans.

Marketing Services Revenue Decline

Declining marketing services revenue reflects challenges in adapting to market shifts, potentially impacting overall revenue diversification and growth.

Thryv Holdings Business Overview & Revenue Model

Company Description

Thryv Holdings (THRY) is a technology company that provides software and solutions for small to medium-sized businesses (SMBs) to manage their operations more efficiently. The company operates primarily in the digital marketing and business management sectors, offering a comprehensive platform that includes customer relationship management (CRM), marketing automation, online presence management, and payment processing. Thryv aims to empower SMBs by providing them with the tools needed to enhance customer engagement, streamline workflows, and grow their businesses.

How the Company Makes Money

Thryv Holdings generates revenue through a subscription-based model, offering its software solutions to SMBs on a recurring basis. Key revenue streams include monthly or annual subscription fees for access to its integrated platform, which encompasses CRM, marketing services, and operational management tools. Additional revenue comes from transactional fees related to payment processing services and optional add-on services for enhanced marketing capabilities. The company also benefits from strategic partnerships with various service providers and platforms that expand its service offerings and market reach, contributing to its overall earnings.

Thryv Holdings Financial Statement Overview

Summary

Thryv Holdings shows signs of recovery with improved revenue growth and reduced leverage. Profitability remains a challenge, but operational efficiencies are improving. Cash flow management is solid, though recent declines in free cash flow warrant attention. Overall, the company is on a positive trajectory but must continue to enhance profitability and cash flow stability.

Income Statement

Thryv Holdings has shown a modest revenue growth rate of 2.86% in the TTM period, indicating a slight recovery from previous declines. The gross profit margin is strong at 67.36%, reflecting efficient cost management. However, the net profit margin is relatively low at 3.78%, suggesting limited profitability. The EBIT and EBITDA margins have improved but remain moderate, indicating room for operational efficiency improvements.

Balance Sheet

The company's debt-to-equity ratio has significantly improved to 0.04, indicating a strong reduction in leverage and a healthier balance sheet. Return on equity is robust at 14.28%, showing effective use of equity to generate profits. The equity ratio is not explicitly calculated, but the low debt levels suggest a stable financial position.

Cash Flow

Free cash flow has decreased by 31.02% in the TTM period, which is a concern. However, the operating cash flow to net income ratio is healthy at 0.40, indicating good cash generation relative to net income. The free cash flow to net income ratio is strong at 0.87, suggesting efficient cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	779.99M	824.16M	916.96M	1.20B	1.11B	1.11B
Gross Profit	525.40M	537.24M	578.25M	780.38M	705.34M	742.74M
EBITDA	98.98M	33.56M	-135.56M	247.77M	306.16M	256.30M
Net Income	29.48M	-74.22M	-259.30M	54.35M	101.58M	149.22M
Balance Sheet
Total Assets	701.80M	712.16M	783.17M	1.18B	1.30B	1.21B
Cash, Cash Equivalents and Short-Term Investments	11.55M	16.31M	18.22M	16.03M	11.26M	2.41M
Total Debt	8.75M	294.99M	348.90M	469.81M	562.48M	583.20M
Total Liabilities	480.72M	515.25M	630.47M	795.61M	985.79M	1.02B
Stockholders Equity	221.08M	196.92M	152.70M	382.27M	314.71M	196.78M
Cash Flow
Free Cash Flow	50.89M	56.25M	114.83M	119.34M	143.72M	205.01M
Operating Cash Flow	67.46M	89.78M	148.23M	148.57M	170.57M	232.77M
Investing Cash Flow	-108.33M	-110.42M	-42.52M	-52.03M	-196.57M	-26.21M
Financing Cash Flow	40.73M	19.22M	-103.49M	-91.10M	39.09M	-206.07M

Thryv Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.74
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For THRY, the sentiment is Negative. The current price of 11.74 is above the 20-day moving average (MA) of 10.12, above the 50-day MA of 11.33, and below the 200-day MA of 13.43, indicating a bearish trend. The MACD of -1.38 indicates Positive momentum. The RSI at 21.83 is Positive, neither overbought nor oversold. The STOCH value of 7.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for THRY.

Thryv Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JFIN	76 Outperform	$470.72M	2.11	48.16%	8.76%	8.27%	33.89%
SSTK	74 Outperform	$769.79M	12.03	10.76%	6.02%	13.06%	66.19%
EVER	73 Outperform	$891.35M	17.77	36.81%	―	57.83%	293.63%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
THRY	58 Neutral	$314.63M	16.85	11.31%	―	-10.73%	―
ANGI	58 Neutral	$489.76M	15.32	3.42%	―	-13.14%	17.25%
TTGT	57 Neutral	$353.16M	―	―	―	―	―

Thryv Holdings Corporate Events

Thryv Holdings, Inc. Q3 Earnings Call Highlights

Thryv Holdings, Inc. recently held its third-quarter earnings call, revealing a mixed sentiment among stakeholders. The company showcased impressive growth in its SaaS segment and innovative AI integrations, yet faced challenges in subscriber growth and partner performance. Thryv is strategically shifting its focus towards long-term transformation, aiming to navigate these hurdles effectively.

Thryv Holdings Reports Strong SaaS Revenue Growth

Thryv Holdings, Inc. is a company that provides a leading small business marketing and sales software platform, operating primarily in the software as a service (SaaS) sector. Its platform is designed to help small businesses manage day-to-day operations and grow efficiently, leveraging AI-supported marketing and business automations.

Thryv Holdings Reports Strong Q3 2025 SaaS Growth

In the third quarter of 2025, Thryv Holdings reported a 33% year-over-year increase in SaaS revenue, reaching $115.9 million, and a significant improvement in net income compared to the previous year. The company also saw a 19% rise in SaaS monthly ARPU and exceeded its SaaS EBITDA guidance, reflecting its strategic focus on increasing customer spending and leveraging AI for small business growth. Despite a decrease in marketing services revenue, Thryv’s overall financial performance strengthened, as evidenced by a consolidated total revenue increase of 12% year-over-year and a net income of $5.7 million, positioning the company with a stronger balance sheet.

The most recent analyst rating on (THRY) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Thryv Holdings stock, see the THRY Stock Forecast page.