Innovid Corp. (CTV)
NYSE: CTV · Real-Time Price · USD
3.025
+1.405 (86.73%)
Nov 21, 2024, 12:04 PM EST - Market open
Innovid Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Innovid stock have an average target of 2.83, with a low estimate of 2.50 and a high estimate of 3.00. The average target predicts a decrease of -6.45% from the current stock price of 3.03.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Innovid stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | -0.83% | Nov 13, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | -0.83% | Aug 6, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $2.2 → $2.5 | Hold | Maintains | $2.2 → $2.5 | -17.36% | Jul 23, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | -0.83% | Jul 12, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $3 | Buy | Reiterates | $3 | -0.83% | Jun 4, 2024 |
Financial Forecast
Revenue This Year
161.75M
from 139.88M
Increased by 15.63%
Revenue Next Year
182.74M
from 161.75M
Increased by 12.98%
EPS This Year
-0.11
from -0.23
EPS Next Year
0.01
from -0.11
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 169.6M | 190.7M | 212.4M |
| Avg | 161.8M | 182.7M | 202.3M |
| Low | 155.7M | 176.6M | 194.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.3% | 17.9% | 16.2% |
| Avg | 15.6% | 13.0% | 10.7% |
| Low | 11.3% | 9.2% | 6.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.12 | 0.06 | 0.11 |
| Avg | -0.11 | 0.01 | 0.05 |
| Low | -0.12 | -0.08 | - |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 1,458.6% |
| Avg | - | - | 649.6% |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.