Innovid Corp. (CTV)
NYSE: CTV · IEX Real-Time Price · USD
2.210
-0.160 (-6.75%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Innovid Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Innovid stock have an average target of 2.45, with a low estimate of 2.10 and a high estimate of 3.00. The average target predicts an increase of 10.86% from the current stock price of 2.21.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $1.6 → $2.1 | Hold | Maintains | $1.6 → $2.1 | -4.98% | Apr 16, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $3 | Buy | Reiterates | $3 | +35.75% | Apr 10, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $1.5 → $1.6 | Hold | Maintains | $1.5 → $1.6 | -27.60% | Feb 28, 2024 |
| Needham | Needham | Strong Buy Reiterates $2.25 | Strong Buy | Reiterates | $2.25 | +1.81% | Feb 27, 2024 |
| Needham | Needham | Strong Buy Maintains $1.5 → $2.25 | Strong Buy | Maintains | $1.5 → $2.25 | +1.81% | Dec 1, 2023 |
Financial Forecast
Revenue This Year
159.88M
from 139.88M
Increased by 14.30%
Revenue Next Year
181.41M
from 159.88M
Increased by 13.47%
EPS This Year
0.01
from -0.23
EPS Next Year
0.05
from 0.01
Increased by 400.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 170.0M | 189.6M | 208.6M |
| Avg | 159.9M | 181.4M | 200.7M |
| Low | 151.9M | 175.4M | 194.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.5% | 18.6% | 15.0% |
| Avg | 14.3% | 13.5% | 10.6% |
| Low | 8.6% | 9.7% | 7.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.02 | 0.05 | 0.09 |
| Avg | 0.01 | 0.05 | 0.09 |
| Low | - | 0.05 | 0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 419.8% | 87.1% |
| Avg | - | 400.0% | 80.0% |
| Low | - | 385.1% | 74.7% |
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.