Stagwell Inc. (STGW)

NASDAQ: STGW · IEX Real-Time Price · USD
6.82
+0.14 (2.10%)
At close: Jul 2, 2024, 4:00 PM
6.48
-0.34 (-4.99%)
After-hours: Jul 2, 2024, 5:03 PM EDT
2.10%
Market Cap 766.20M
Revenue (ttm) 2.57B
Net Income (ttm) -1.59M
Shares Out 112.35M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 8.56
Dividend n/a
Ex-Dividend Date n/a
Volume 269,350
Open 6.69
Previous Close 6.68
Day's Range 6.67 - 6.83
52-Week Range 3.83 - 8.59
Beta 1.62
Analysts Strong Buy
Price Target 7.94 (+16.42%)
Earnings Date Aug 6, 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 $7.94, which is an increase of 16.42% from the latest price.

Price Target
$7.94
(16.42% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

PRophet, a Stagwell (STGW) Company, Launches a Creator Content Series in Partnership with Shira Lazar's What's Trending at VidCon 2024

Series to explore the passion, process, and challenges fueling creator creativity and innovation NEW YORK and LOS ANGELES , June 26, 2024 /PRNewswire/ -- Stagwell Marketing Cloud's (NASDAQ: STGW) PRop...

6 days ago - PRNewsWire

Stagwell (STGW) Celebrates Lions from 72andSunny, Assembly, Forsman & Bodenfors, and Buentipo Anchor at the Cannes Lions International Festival of Creativity

"Room for Everyone" from Mastercard with Assembly as technology partner wins the Grand Prix for Creative Data NEW YORK , June 24, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network b...

8 days ago - PRNewsWire

Stagwell's (STGW) 'Future of News' Initiative Heads to Cannes Lions International Festival of Creativity with Panels Highlighting the Power of News to Drive Business Results for Marketers

Leaders from Ad Fontes Media, Bloomberg, Business Insider, CNN, The New York Times, Stagwell, The Trade Desk, The Washington Post, and Wall Street Journal NEW YORK and CANNES, France , June 18, 2024 /...

14 days ago - PRNewsWire

Stagwell (STGW) Launches New AI-Powered Capabilities for Marketers, Built with Google Cloud

With Google Cloud and Gemini models, Stagwell to bring new AI capabilities to four of its most popular digital marketing apps CANNES, France and NEW YORK , June 17, 2024 /PRNewswire/ --  Google Cloud ...

15 days ago - PRNewsWire

Stagwell and Anzu Announce Strategic Partnership to Transform the In-Game Advertising Experience

NEW YORK and CANNES, France , June 17, 2024 /PRNewswire/ --  Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, and Anzu, the world's most advanced intrinsic in-game adverti...

15 days ago - PRNewsWire

Stagwell's (STGW) Code and Theory Named ANA B2B Agency of the Year

Technology-first creative agency delivers historic results for Amazon Ads, Volvo Trucks and other top B2B clients. NEW YORK , June 14, 2024 /PRNewswire/ -- Code and Theory was named B2B Agency of the ...

18 days ago - PRNewsWire

Do Marketers Have an Emerging Tech Problem? Stagwell (STGW) Chairman and CEO Mark Penn to Discuss Live on the Main Stage of the Cannes Lions International Festival of Creativity

"The Contrarian's Compass: Navigating Emerging Tech Hype" to run on the Innovation Track at Cannes NEW YORK , June 14, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to tra...

18 days ago - PRNewsWire

Stagwell (STGW) Expands Asia-Pacific Capabilities with the Additions of Agency, Arena Media, Lodestar Marketing and R&D Online Marketing Services to its Global Affiliate Network

NEW YORK and SINGAPORE , June 12, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, announced today the additions of four independent agencies in Asia ...

20 days ago - PRNewsWire

Stagwell (STGW) Celebrates 302 Awards in 2024 with Strong Wins Across the Effie's, Clios, SABRE Awards, Spike's Asia, Webby's and More

NEW YORK , June 11, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today celebrates its global agencies and products for winning over 300 awards in ...

21 days ago - PRNewsWire

ASSEMBLY BRINGS BRAND NEW GALAXY INTO THE FOLD, CONNECTING DIGITAL COMMERCE AND OMNICHANNEL MEDIA TO DELIVER TRUE BRAND PERFORMANCE WORLDWIDE

Stagwell's (STGW) Brand New Galaxy rebrands as Assembly, bolstering Assembly's media and more capabilities across the consumer journey WARSAW, Poland and NEW YORK , June 6, 2024 /PRNewswire/ -- Stagwe...

26 days ago - PRNewsWire

Stagwell (STGW) and Not Perfect Network Form Global Affiliate Partnership, Enhancing Joint Capabilities in the Baltic States

Not Perfect's expertise in scaled creative production will support Stagwell's global clients NEW YORK and VILNIUS, Lithuania , June 6, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the global challeng...

26 days ago - PRNewsWire

Sports Momentum Index Launches to Track Fandom Across Emerging and Women's Sports

NEW YORK--(BUSINESS WIRE)--As interest in sports broadens, with sports that haven't gotten well-deserved attention suddenly surging in fan interest and popularity, consumer and B2B brands are increasi...

4 weeks ago - Business Wire

Stagwell (STGW) Launches "STGW Curated" Investor Webinar Series

NEW YORK , June 4, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the launch of a new webinar series, "STGW: Curated," designed for ...

4 weeks ago - PRNewsWire

INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Stagwell Inc. to Contact Law Firm

NEW YORK, May 20, 2024 /PRNewswire/ -- Moore Law, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against: Stagwell, Inc. ("Stagwell" or the "Comp...

6 weeks ago - PRNewsWire

Stagwell (STGW) and Nexxen Partner to Accelerate Seamless Audience Discovery for Marketers

Stagwell and its customers to leverage Nexxen's unified, proprietary data solutions within the Stagwell Marketing Cloud Partnership aligns with Nexxen's launch of the Nexxen Data Platform, an expansio...

Other symbols: NEXN
6 weeks ago - PRNewsWire

Stagwell (STGW) Releases News Advertising Study Revealing It is Safe for Brands to Advertise Adjacent to Quality News Content Despite Overblown Fears

Groundbreaking 50,000-respondent survey shows ads placed adjacent to stories covering politics, inflation and crime perform as effectively as ads placed next to business, entertainment and sports stor...

6 weeks ago - PRNewsWire

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

NEW YORK , May 8, 2024 /PRNewswire/ -- Stagwell Inc. (the "Company") announced today the grant of equity inducement awards. Effective May 3, 2024, the Company granted a total of 24,403 restricted stoc...

7 weeks ago - PRNewsWire

New Study by Stagwell's (STGW) The Harris Poll: New Yorkers are Worried about the Waste Crisis but Don't See a Plastic Ban as a Solution

Survey found that plastic plays an important role in the lives of New Yorkers across the state Over 78% of New Yorkers view molecular recycling  as a positive way to help solve the waste crisis NEW YO...

2 months ago - PRNewsWire

Despite Significant Challenges & Economic Anxiety, Business Leaders and Americans Align Around New Strategies to Offset Risk According to New Milken Institute-Harris Poll

LOS ANGELES--(BUSINESS WIRE)--U.S. business leaders and Americans alike are confronting significant geo-economic challenges, according to a new Milken Institute-Harris Poll report, “Building A Resilie...

2 months ago - Business Wire

STAGWELL (STGW) ACQUIRES MONTREAL-BASED LUXINE RELATIONS PUBLIQUES

The newly augmented Quebec offering will operate as LuxineVeritas MONTREAL and TORONTO , May 2, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has a...

2 months ago - PRNewsWire

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2024

Revenue Growth of 8%, Led by 13% Growth from Performance Media & Data Net Loss Attributable to Stagwell Inc. Common Shareholders of $1.3 million Adjusted EBITDA of $90 million, An Increase of 25% Year...

2 months ago - PRNewsWire

Stagwell Announces 'Future of News' Summit on May 15 Featuring Trailblazing Panelist Discussions and 50,000-Respondent Study Revealing the Importance of Investing in News

"Stories from the Field" newsmaker panel to feature Hannah Beckler (Business Insider), Jason Conti (Dow Jones), Jason Rezaian (The Washington Post) and Megan Twohey (The New York Times) "Why News Work...

2 months ago - PRNewsWire

Stagwell (STGW) Releases Annual Report for 2023: Growing Market Share and Evolving for the Frontiers of Marketing

NEW YORK , April 29, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) released its 2023 Annual Report, highlighting investments in artificial intelligence, immersive experiences for brands, strategic acqu...

2 months ago - PRNewsWire

Stagwell Adds Indonesia-based Media, Creative, and Technology Agency Leverate Group to Global Affiliate Program

NEW YORK and JAKARTA, Indonesia , April 22, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced it has added Leverate Group, an integrate...

2 months ago - PRNewsWire

Stagwell (STGW) Announces May Investor Conferences at Needham, J.P. Morgan, and B.

NEW YORK , April 22, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced management will participate in three upcoming investor conferenc...

2 months ago - PRNewsWire