Innovid Corp. (CTV)
NYSE: CTV · Real-Time Price · USD
3.170
+0.140 (4.62%)
Dec 20, 2024, 4:05 PM EST - Market closed
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 -10.73% from the current stock price of 3.17.
Analyst Consensus: Hold
* Price targets were last updated on Nov 22, 2024.
Analyst Ratings
The average analyst rating for Innovid stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| 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 → Hold Downgrades $3 | Strong Buy → Hold | Downgrades | $3 | -5.36% | Nov 22, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | -5.36% | Nov 13, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | -5.36% | Aug 6, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $2.2 → $2.5 | Hold | Maintains | $2.2 → $2.5 | -21.14% | Jul 23, 2024 |
| Needham | Needham | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | -5.36% | Jul 12, 2024 |
Financial Forecast
Revenue This Year
153.37M
from 139.88M
Increased by 9.64%
Revenue Next Year
168.82M
from 153.37M
Increased by 10.07%
EPS This Year
-0.08
from -0.23
EPS Next Year
n/a
from -0.08
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 159.6M | 177.6M | 195.2M |
| Avg | 153.4M | 168.8M | 185.3M |
| Low | 148.6M | 162.0M | 175.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.1% | 15.8% | 15.6% |
| Avg | 9.6% | 10.1% | 9.7% |
| Low | 6.2% | 5.6% | 4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.07 | 0.05 | 0.12 |
| Avg | -0.08 | - | 0.06 |
| Low | -0.08 | -0.09 | -0.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| 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.