Stagwell Inc. (STGW)

NASDAQ: STGW · IEX Real-Time Price · USD
5.59
+0.05 (0.90%)
At close: Apr 19, 2024, 4:00 PM
5.77
+0.18 (3.22%)
After-hours: Apr 19, 2024, 5:11 PM EDT
0.90%
Market Cap 653.50M
Revenue (ttm) 2.53B
Net Income (ttm) 134,000
Shares Out 116.91M
EPS (ttm) 0.00
PE Ratio 4,842.00
Forward PE 7.32
Dividend n/a
Ex-Dividend Date n/a
Volume 470,525
Open 5.54
Previous Close 5.54
Day's Range 5.53 - 5.64
52-Week Range 3.83 - 8.59
Beta 1.59
Analysts Strong Buy
Price Target 8.11 (+45.08%)
Earnings Date May 1, 2024

About STGW

Stagwell Inc. provides digital transformation, performance media and data, consumer insights and strategy, and creativity and communications services. The company operates through three segments: Integrated Agencies Network, Brand Performance Network, and Communications Network. It designs and builds digital platforms and experiences that support the delivery of content, commerce, service, and sales; creates websites, mobile applications, back-end systems, content and data management systems, and other digital environments; designs and implemen... [Read more]

Founded 1980
Employees 10,250
Stock Exchange NASDAQ
Ticker Symbol STGW
Full Company Profile

Financial Performance

In 2023, Stagwell's revenue was $2.53 billion, a decrease of -5.98% compared to the previous year's $2.69 billion. Earnings were $134,000, a decrease of -99.33%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for STGW stock is "Strong Buy." The 12-month stock price forecast is $8.11, which is an increase of 45.08% from the latest price.

Price Target
$8.11
(45.08% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

STAGWELL LAUNCHES LONDON HUB TO SUPPORT EUROPEAN EXPANSION

Stagwell brings together multidisciplinary agencies under one roof to prioritize connected solutions for clients LONDON , April 18, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network...

1 day ago - PRNewsWire

Stagwell (STGW) Schedules Webcast to Discuss Financial Results for the Three Months Ended March 31, 2024

NEW YORK , April 17, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, will report financial results for the three months ended March 31, 2024, on Wedn...

2 days ago - PRNewsWire

Stagwell (STGW) Expands in Latin America with Acquisition of PROS Agency, Digital PR Leader in Brazil

Female-Founded Agency Grew 50% in 2023 and Will Scale Stagwell's Presence in Brazil and Latin America as Part of Allison SÃO PAULO, April 15, 2024 /PRNewswire/ --  Stagwell (NASDAQ: STGW), the challen...

4 days ago - PRNewsWire

Stagwell (STGW) Marketing Cloud Announces a New Data Clean Room for Clients through Google Cloud

NEW YORK , April 9, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) Marketing Cloud today announced it is developing a new data clean room (DCR) solution built on Google Cloud to facilitate a secure and ...

10 days ago - PRNewsWire

New Study by Stagwell's (STGW) The Harris Poll Suggests Brands Using Imported Waste in Recycled Products Are at Risk of Greenwashing

NEW YORK , March 12, 2024 /PRNewswire/ -- A new survey from Stagwell's (NASDAQ: STGW) The Harris Poll, commissioned by Eastman, a global specialty materials company, among 2,000 French and German men ...

5 weeks ago - PRNewsWire

Four Stagwell (STGW) Agencies - 72andSunny, Code and Theory, Colle McVoy and Team Epiphany - Awarded 2024 Ad Age Agency A-List Recognition for Business and Creative Transformation

NEW YORK , March 11, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today celebrates four of its agencies recognized in Ad Age's 2024 Agency A-List:...

5 weeks ago - PRNewsWire

Code and Theory, a Stagwell (STGW) Network Company, Named Ad Age Business Transformation Agency of the Year

Technology-first creative agency drives record results for its A-list clients NEW YORK , March 11, 2024 /PRNewswire/ -- Code and Theory, part of Stagwell (NASDAQ: STGW), has been named the Ad Age Busi...

5 weeks ago - PRNewsWire

ASSEMBLY, A STAGWELL (STGW) AGENCY, ELEVATES NORTH AMERICA LEADERSHIP IN ENHANCED ORG STRUCTURE

Industry-leading leaders will drive growth for the agency's biggest market. NEW YORK , March 11, 2024 /PRNewswire/ -- Assembly  announced today the elevations of Nicole Jennings to Managing Director, ...

5 weeks ago - PRNewsWire

Stagwell Inc. (STGW) Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

NEW YORK , Feb. 28, 2024 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW) (the "Company") announced today the grant of equity inducement awards. Effective February 23, 2024, the Company granted a total of...

7 weeks ago - PRNewsWire

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Stagwell Inc. (STGW)

NEW YORK--(BUSINESS WIRE)---- $STGW #Investigation--The law firm of Kirby McInerney LLP is investigating potential claims against Stagwell, Inc. (“Stagwell” or the “Company”) (NASDAQ:STGW). The invest...

7 weeks ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Stagwell Inc. (STGW) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Stagwell Inc. (“S...

7 weeks ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Stagwell Inc. (STGW) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Stagwell Inc. (“Stagwell” or the “Company”) (NASDAQ: STGW) investors concerning the Company's pos...

7 weeks ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Stagwell Inc. (STGW) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Stagwell Inc. (“Stagwell” or the “Company”) (NASDAQ: STGW) on behalf of investors concerning the Company's ...

7 weeks ago - Business Wire

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND TWELVE MONTHS ENDED DECEMBER 31, 2023

Expects 2024 Organic Net Revenue Growth of 5% to 7%; Adjusted EBITDA of $400 million to $450 million; Free Cash Flow Conversion of ~50% Net Revenue Growth of 31% from Stagwell Marketing Cloud Group in...

7 weeks ago - PRNewsWire

Stagwell (STGW) Launches 'Unlock Surveys' Panel as the Demand for Consumer Research Booms in 2024

International Consumer Collective Powered by the Stagwell Marketing Cloud NEW YORK , Feb. 26, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has unv...

7 weeks ago - PRNewsWire

Stagwell's (STGW) Anomaly Alliance Enters Agreement to Acquire French Digital Shop What's Next Partners as It Accelerates Global Expansion

WNP will be first in series of planned acquisitions for The Anomaly Alliance as Stagwell expands throughout Europe and beyond NEW YORK , Feb. 26, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the chal...

7 weeks ago - PRNewsWire

Stagwell's (STGW) Brand Performance Network Appoints Shannon Pruitt as Global Chief Marketing Officer

Pruitt to lead business development and brand communications for the growing Stagwell network connecting creative, media and commerce. NEW YORK and LOS ANGELES , Feb. 22, 2024 /PRNewswire/ -- Stagwell...

2 months ago - PRNewsWire

STAGWELL (STGW) ACQUIRES SIDEKICK TO STRENGTHEN ALLISON'S EUROPEAN PRESENCE

Creative collective will bolster multichannel brand storytelling and creative production capabilities at Allison NEW YORK and LONDON , Feb. 22, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challe...

2 months ago - PRNewsWire

Stagwell Adds Philippines-Based Gaming and Experience Design Agency Octopus&Whale to Global Affiliate Program

NEW YORK and MANILA, Philippines, Feb. 21, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has added Octopus&Whale, a Philippines-based game and expe...

2 months ago - PRNewsWire

Stagwell (STGW) to Present at the 2024 Morgan Stanley Technology, Media & Telecom Conference

NEW YORK , Feb. 20, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced Chairman and CEO Mark Penn will participate in a fireside chat at...

2 months ago - PRNewsWire

'MADE TO EXPERIENCE': Stagwell's (STGW) TEAM Reveals New Brand Identity

TEAM's refreshed brand identity captures the current spirit and momentum of events and experiential as brands double-down on in-person consumer connection. NEW YORK and FORT LAUDERDALE, Fla.

2 months ago - PRNewsWire

Splice and Instrument Partner to Launch Inaugural Global Brand Campaign

Stagwell-owned agency helps disruptor Splice transform music with a new brand campaign aimed to democratize sound.  NEW YORK and PORTLAND, Ore.

2 months ago - PRNewsWire

A Country (Taylor) Divided and Other Big Game Insights from Stagwell's (STGW) Harris QuestDIY Rapid Response Survey Tool

NEW YORK , Feb. 13, 2024 /PRNewswire/ -- Harris Quest , an AI-powered real-time research software suite from the Stagwell Marketing Cloud (NASDAQ: STGW), released new survey insights following Super B...

2 months ago - PRNewsWire

Stagwell (STGW) Agencies 72andSunny, Allison, Anomaly, Colle McVoy, Doner, HUNTER, KWT Global and Team Epiphany Drive Big Game Moments On and Off the Field

Three Spots Take Top 10 Honors from Ad Age, Adweek USA Today Ad Meter NEW YORK and LAS VEGAS , Feb. 12, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketin...

2 months ago - PRNewsWire

Stagwell Schedules Webcast to Discuss Financial Results for the Three Months and Twelve Months Ended Dec. 31, 2023

NEW YORK , Feb. 6, 2024 /PRNewswire/ -- Stagwell  (NASDAQ: STGW) will report financial results for the three and twelve months ended Dec. 31, 2023, on Tuesday, Feb. 27, 2024, before market open. Stagw...

2 months ago - PRNewsWire