Digimarc Corporation (DMRC)

NASDAQ: DMRC · IEX Real-Time Price · USD
31.29
+0.81 (2.66%)
Jul 2, 2024, 4:00 PM EDT - Market closed
2.66%
Market Cap 668.77M
Revenue (ttm) 36.95M
Net Income (ttm) -42.26M
Shares Out 21.37M
EPS (ttm) -2.06
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 137,579
Open 30.56
Previous Close 30.48
Day's Range 30.39 - 31.94
52-Week Range 21.00 - 43.43
Beta 1.62
Analysts Buy
Price Target 34.00 (+8.66%)
Earnings Date Jul 31, 2024

About DMRC

Digimarc Corporation, together with its subsidiaries, provides automatic identification solutions to commercial and government customers in the United States and internationally. The company offers Digimarc Validate protects, a cloud-based record of product authentication information; Digimarc Engage, an interactive communications channel connecting brands and consumers; and Digimarc Recycle. Its solutions are used in various application solutions, such as sorting of consumer-packaged goods in recycling streams. The company offers its solutions... [Read more]

Sector Technology
Founded 2008
Employees 248
Stock Exchange NASDAQ
Ticker Symbol DMRC
Full Company Profile

Financial Performance

In 2023, Digimarc's revenue was $34.85 million, an increase of 15.41% compared to the previous year's $30.20 million. Losses were -$45.96 million, -23.14% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for DMRC stock is "Buy." The 12-month stock price forecast is $34.0, which is an increase of 8.66% from the latest price.

Price Target
$34.0
(8.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Digimarc and Wipak Partner to Enhance Sustainability and Profitability for Retailers and Global Brands

BEAVERTON, Ore.--(BUSINESS WIRE)-- #CoE--Digimarc and Wipak partner to enhance sustainability and profitability for retailers and global brands through revolutionary packaging solutions.

7 days ago - Business Wire

Digimarc and OMRON Partner to Modernize Industrial Automation

BEAVERTON, Ore.--(BUSINESS WIRE)-- #automation--Digimarc and OMRON partner to modernize industrial automation -- reducing unnecessary materials and preventing mislabeled or mispackaged products.

14 days ago - Business Wire

Digimarc Unveils Digimarc Automate: Revolutionizing Product Inspection with Digital Watermarks

BEAVERTON, Ore.--(BUSINESS WIRE)-- #automation--Digimarc unveils Digimarc Automate to transform how companies approach product inspection with advanced digital watermarks to optimize operations.

14 days ago - Business Wire

Digimarc Strengthens Partner Ecosystem Powering Innovative Smart Packaging and Advanced Digital Asset Management Solutions at Scale

BEAVERTON, Ore.--(BUSINESS WIRE)-- #CoE--Digimarc opens Center of Expertise to the industry's leading service and technology solutions providers -- strengthening its global partner ecosystem.

21 days ago - Business Wire

Digimarc Appoints Former SAP and Workato HR Executive and Human Capital Strategist Carle Quinn as Chief People Officer

BEAVERTON, Ore.--(BUSINESS WIRE)-- #CPO--Digimarc has appointed former Workato Chief People Officer and human capital strategist Carle Quinn as Chief People Officer (CPO).

6 weeks ago - Business Wire

Digimarc Reports First Quarter 2024 Financial Results

BEAVERTON, Ore.--(BUSINESS WIRE)-- #digitalwatermarks--Digimarc Corp. (NASDAQ: DMRC), the pioneer in digital watermarking technologies, reports financial results for the first quarter ending March 31,...

2 months ago - Business Wire

Digimarc Sets First Quarter 2024 Conference Call for Thursday, May 2

BEAVERTON, Ore.--(BUSINESS WIRE)-- #authenticity--Digimarc will hold a conference call on May 2, 2024, at 5 p.m. Eastern time to discuss its first quarter results, which ended March 31, 2024.

2 months ago - Business Wire

Digimarc and DataTrails Partner to Solve the Industry's Biggest Content Protection Challenge with Advanced Digital Watermarks and Cryptography

BEAVERTON, Ore.--(BUSINESS WIRE)-- #ai--Digimarc and DataTrails have partnered to deliver the industry's first fully integrated, multi-layered content protection solution.

2 months ago - Business Wire

Digimarc Appoints Accomplished B2B SaaS Legal Executive George Karamanos as Chief Legal Officer

BEAVERTON, Ore.--(BUSINESS WIRE)-- #CLO--Digimarc today announced seasoned deal strategy and operations leader George Karamanos has joined the company as Chief Legal Officer.

3 months ago - Business Wire

Digimarc Powers New Consumer Engagement Capabilities and Insights

BEAVERTON, Ore.--(BUSINESS WIRE)-- #campaigns--Digimarc Engage is the industry's first consumer engagement offering to deliver contextual experiences across both physical items and digital media.

4 months ago - Business Wire

Digimarc Reports Fourth Quarter and Fiscal Year 2023 Financial Results

BEAVERTON, Ore.--(BUSINESS WIRE)-- #ai--Digimarc Corp. (NASDAQ: DMRC), the pioneer in digital watermarking, reports financial results for the fourth quarter ending December 31, 2023.

4 months ago - Business Wire

Digimarc Announces Share Sale to Altai Capital Led Investor Group

BEAVERTON, Ore.--(BUSINESS WIRE)-- #ai--Digimarc today announced that it has raised an aggregate of $32.5 million of gross proceeds through the sale of 928,571 shares of common stock.

4 months ago - Business Wire

Digimarc Accelerates the Global Fight Against Plastic Pollution

BEAVERTON, Ore.--(BUSINESS WIRE)-- #consumerengagement--Digimarc Recycle revolutionizes the sortation and recycling of plastic waste with the power to advance the fight against plastic pollution today...

4 months ago - Business Wire

Digimarc Collaborates with GS1 to Advance GS1 Digital Link

BEAVERTON, Ore.--(BUSINESS WIRE)-- #DigitalLink--Digimarc collaborates with GS1 to advance the adoption of the GS1 Digital Link standard as Sunrise 2027 nears.

4 months ago - Business Wire

Digimarc Sets Fourth Quarter 2023 Conference Call for Wednesday, February 28

BEAVERTON, Ore.--(BUSINESS WIRE)-- #ai--Digimarc will hold a conference call on February 28, 2024, at 5 p.m. Eastern time to discuss results for the fourth quarter ended December 31, 2023.

4 months ago - Business Wire

Digimarc Joins New NIST AI Safety Institute Consortium Dedicated to AI Safety

BEAVERTON, Ore.--(BUSINESS WIRE)-- #AI--Digital Watermarking Pioneer Digimarc Joins New NIST AI Safety Institute Consortium to Contribute Expertise to the Development of Safe AI.

5 months ago - Business Wire

Digimarc Releases Next-Generation Digital Watermarks

BEAVERTON, Ore.--(BUSINESS WIRE)-- #ai--Digimarc releases Next-Generation Digital Watermarks to deliver greater security, adaptability, imperceptibility, performance, and control.

5 months ago - Business Wire

Secretary Janet Napolitano, the Center for Security in Politics at the University of California, Berkeley, and Digimarc, to Host a Summit on Safeguarding the Development of Artificial Intelligence

BERKELEY, Calif.--(BUSINESS WIRE)-- #UCBerkeley--Secretary Janet Napolitano, the Center for Security in Politics at the University of California, Berkeley, and Digimarc will host a Summit on AI.

5 months ago - Business Wire

Digimarc Adds ServiceNow Chief Marketing Officer and Forbes Entrepreneurial CMO 50 Leader, Michael Park, to its Board of Directors

BEAVERTON, Ore.--(BUSINESS WIRE)-- #BOD--Digimarc adds ServiceNow CMO and Forbes Entrepreneurial CMO 50 Leader Michael Park to its Board of Directors as the company hits an inflection point.

6 months ago - Business Wire

Digimarc to Present at 26th Annual Needham Growth Conference

BEAVERTON, Ore.--(BUSINESS WIRE)-- #Leadership--Digimarc will be featured as a presenting company at the 26th Annual Needham Growth Conference in New York on January 18, 2024.

6 months ago - Business Wire

Digimarc Offers Free Digital Watermark Embedding and Detection Tools to Device and Chip Manufacturers and Content Creation Platforms

BEAVERTON, Ore.--(BUSINESS WIRE)-- #ai--Digimarc offers device and chip manufacturers, and content creation platforms free access to its digital watermark embedding and detection tools.

6 months ago - Business Wire

NBC News Correspondent Jacob Ward to Moderate Forum on Safeguarding AI Hosted by Secretary Janet Napolitano, the Center for Security in Politics at the University of California, Berkeley, and Digimarc

BERKELEY, Calif.--(BUSINESS WIRE)-- #GenAI--Jacob Ward, NBC News correspondent, will moderate the January 22 public forum on “Safeguarding the Development of Artificial Intelligence.”.

7 months ago - Business Wire

Digimarc Launches Industry-First C2PA Content Credentials Browser Extension

BEAVERTON, Ore.--(BUSINESS WIRE)-- #C2PA--Digimarc launches industry's first open-source Google Chrome web browser extension to validate digital asset manifests based on the C2PA standard.

7 months ago - Business Wire

Raise the Future Partners with Digimarc to Protect Its Most Precious Assets

BEAVERTON, Ore.--(BUSINESS WIRE)-- #Adoption--Digimarc partnered with adoption support organization Raise the Future to connect foster youth with caring adults in honor of National Adoption Month.

8 months ago - Business Wire

Digimarc Reports Third Quarter 2023 Financial Results

BEAVERTON, Ore.--(BUSINESS WIRE)-- #ai--Digimarc Corp. (NASDAQ: DMRC), a global leader in product digitization, reports financial results for the third quarter ending September 30, 2023.

8 months ago - Business Wire