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NYSE:CTV

Innovid (CTV) Stock Price, News & Analysis

Innovid logo
$1.91
-0.04 (-2.05%)
(As of 10/31/2024 ET)

About Innovid Stock (NYSE:CTV)

Key Stats

Today's Range
$1.90
$1.97
50-Day Range
$1.62
$2.04
52-Week Range
$0.97
$2.58
Volume
121,758 shs
Average Volume
338,744 shs
Market Capitalization
$279.64 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.83
Consensus Rating
Moderate Buy

Company Overview

Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. It offers advertising services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV, and desktop TV environments to advertisers, publishers, and media agencies. The company serves consumer packaged goods, pharmaceutical and healthcare, retail, financial services, and automotive and technology industries; third party agencies; and publishers in the United States, Canada, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. Innovid Corp. was incorporated in 2007 and is headquartered in New York, New York.

Innovid Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
45th Percentile Overall Score

CTV MarketRank™: 

Innovid scored higher than 45% of companies evaluated by MarketBeat, and ranked 465th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Innovid has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Innovid has only been the subject of 1 research reports in the past 90 days.

  • Read more about Innovid's stock forecast and price target.
  • Earnings Growth

    Earnings for Innovid are expected to grow in the coming year, from ($0.11) to $0.04 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Innovid is -13.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Innovid is -13.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Innovid has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Innovid's valuation and earnings.
  • Percentage of Shares Shorted

    1.57% of the float of Innovid has been sold short.
  • Short Interest Ratio / Days to Cover

    Innovid has a short interest ratio ("days to cover") of 6.
  • Change versus previous month

    Short interest in Innovid has recently decreased by 7.74%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Innovid does not currently pay a dividend.

  • Dividend Growth

    Innovid does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.57% of the float of Innovid has been sold short.
  • Short Interest Ratio / Days to Cover

    Innovid has a short interest ratio ("days to cover") of 6.
  • Change versus previous month

    Short interest in Innovid has recently decreased by 7.74%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Innovid has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Innovid this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Innovid insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 9.50% of the stock of Innovid is held by insiders.

  • Percentage Held by Institutions

    Only 25.46% of the stock of Innovid is held by institutions.

  • Read more about Innovid's insider trading history.
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CTV Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
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CTV Stock Analysis - Frequently Asked Questions

Innovid's stock was trading at $1.50 at the beginning of the year. Since then, CTV shares have increased by 27.3% and is now trading at $1.91.
View the best growth stocks for 2024 here
.

Innovid Corp. (NYSE:CTV) issued its earnings results on Tuesday, August, 6th. The company reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by $0.06. The firm had revenue of $37.95 million for the quarter, compared to analyst estimates of $39.35 million. Innovid had a negative trailing twelve-month return on equity of 10.97% and a negative net margin of 14.15%.

Top institutional investors of Innovid include SG Americas Securities LLC (0.03%). Insiders that own company stock include Sequoia Capital Israel Iv Hold, Zvika Netter, Tal Chalozin, Gilad Shany, David Helmreich, Anthony Callini and Tanya Andreev-Kaspin.
View institutional ownership trends
.

Shares of CTV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Innovid investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Invesco QQQ (QQQ), Broadcom (AVGO) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
8/06/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Fax
N/A
Employees
466
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.83
High Stock Price Target
$3.00
Low Stock Price Target
$2.50
Potential Upside/Downside
+48.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-31,910,000.00
Pretax Margin
-7.99%

Debt

Sales & Book Value

Annual Sales
$149.54 million
Cash Flow
$0.05 per share
Book Value
$1.39 per share

Miscellaneous

Free Float
132,498,000
Market Cap
$279.64 million
Optionable
Not Optionable
Beta
3.11
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This page (NYSE:CTV) was last updated on 10/31/2024 by MarketBeat.com Staff
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