Stagwell Inc. (STGW)

NASDAQ: STGW · Real-Time Price · USD
7.60
+0.14 (1.88%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.88%
Market Cap 2.00B
Revenue (ttm) 2.71B
Net Income (ttm) 310,000
Shares Out 263.20M
EPS (ttm) 0.00
PE Ratio 2,740.71
Forward PE 8.80
Dividend n/a
Ex-Dividend Date n/a
Volume 451,925
Open 7.46
Previous Close 7.46
Day's Range 7.43 - 7.60
52-Week Range 4.88 - 7.99
Beta 1.61
Analysts Strong Buy
Price Target 8.50 (+11.84%)
Earnings Date Nov 7, 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 5 analysts, the average rating for STGW stock is "Strong Buy." The 12-month stock price forecast is $8.5, which is an increase of 11.84% from the latest price.

Price Target
$8.5
(11.84% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Stagwell (STGW) Expands its Global Affiliate Network with the Additions of Blue Horse and DashDigital

NEW YORK , Nov. 20, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has added Blue Horse (Malaysia) and DashDigital (South Africa) to its Global Affi...

22 hours ago - PRNewsWire

Stagwell: Solid Growth Story Remains Intact

Stagwell continues to demonstrate high single-digit growth, driven by strong new business wins and expanding digital transformation and marketing cloud segments. STGW's 3Q24 results showed 8.5% y/y ne...

1 day ago - Seeking Alpha

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

NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Stagwell Inc. (the "Company") announced today the grant of equity inducement awards. Effective November 14, 2024, the Company granted a total of 55,406 restric...

5 days ago - PRNewsWire

Post-Election Survey from Stagwell (STGW) Reveals 80% of Americans Say News Media is a Powerful Medium for Reaching Consumers; Distrust in News Media Stems from Poor Separation Between News and Opinion-Based Content

Survey fielded after the U.S. presidential election reveals 57% of U.S. adults say misinformation and "fake news" are key issues impacting trust in news media Notwithstanding, 71% of Americans believe...

5 days ago - PRNewsWire

Stagwell (STGW) Ventures into Expanded Partnership with VII(N) The Seventh Estate, Global Wine Brand from Carmelo Anthony and Asani Swann

Co-Founders Anthony and Swann will collaborate with Stagwell across the challenger network's events ecosystem NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today announced an expand...

7 days ago - PRNewsWire

Stagwell Inc (STGW) Q3 2024 Earnings Call Transcript

Stagwell Inc (NASDAQ:STGW) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Ben Allanson - Investor Relations Mark Penn - Chairman & Chief Executive Officer Frank Lanu...

11 days ago - Seeking Alpha

STAGWELL INC. (NASDAQ: STGW) REPORTS RESULTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024

Q3 YoY Revenue Growth of 15%, With 25% Growth in Digital Transformation Q3 YoY Net Revenue Growth of 8%, Organic Net Revenue Growth of 8%, Digital Transformation Net Revenue Growth of 18% Q3 Net Incom...

13 days ago - PRNewsWire

To Modernize Government Services, Code and Theory Launches the Government Experience Practice (GX)

WASHINGTON , Nov. 5, 2024 /PRNewswire/ -- To transform how the government interacts with the public at large, Code and Theory, a Stagwell (STGW) agency, has launched its Government Experience Practice...

15 days ago - PRNewsWire

Stagwell (STGW) Announces November Investor Conference Schedule

NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW), the challenger network built to transform marketing, today announced its participation in several upcoming investor conferences th...

16 days ago - PRNewsWire

Code and Theory Introduces the ContextLens: The First AI-Driven Anticipatory Graphic Design System for Publishers

Building on its history of publishing firsts, the ContextLens debuts on RealClearPolling NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Polling data is often difficult to understand in isolation. Digging de...

20 days ago - PRNewsWire

77% of CEOs Say the Election Will Impact their 2025 Business Strategy; 85% are Bullish on Investment in the Gulf Region, Reveals Stagwell (STGW) Survey

U.S. CEOs strongly favor former President Donald Trump over Vice President Kamala Harris to boost the global economy, while Global CEOs are split Stagwell Chairman and CEO Mark Penn to reveal the resu...

22 days ago - PRNewsWire

Forsman & Bodenfors Opens Office in MENA, Another Sign of Stagwell's (STGW) Growth in the Region

NEW YORK and RIYADH, Saudi Arabia , Oct. 30, 2024 /PRNewswire/ -- Today, global creative agency Forsman & Bodenfors officially launched its presence in MENA, furthering the challenger network Stagwell...

22 days ago - PRNewsWire

Stagwell (STGW) Expands its Global Affiliate Network with the Additions of Free Practice, Keelbone and SponsorForce

NEW YORK , Oct. 24, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has added Free Practice (Spain), keelbone (United States) and SponsorForce (Japan...

27 days ago - PRNewsWire

EBONY Partners with Allison in Historic First

SAN FRANCISCO--(BUSINESS WIRE)--In a groundbreaking partnership, Allison was named the public relations agency of record (AOR) for EBONY, the iconic Black-owned media company and leading platform show...

4 weeks ago - Business Wire

PRophet, a Stagwell (STGW) Company, Releases New InfluencerMarketing.ai Products that Enhance Brand Safety and Performance Measurement

New AI-Powered Solutions Aim to Protect Brands and Predict an Influencer's Commercial Impact  NEW YORK and ANAHEIM, Calif. , Oct. 16, 2024 /PRNewswire/ --  PRophet , an award-winning suite of essentia...

5 weeks ago - PRNewsWire

HARRIS POLL LAUNCHES IN CANADA WITH INAUGURAL 'TOP 50' REPUTATION QUOTIENT RANKING IN PARTNERSHIP WITH CANADIAN BUSINESS MAGAZINE

Women's Hockey League Claims Top Spot; Inflation Worsens Public Perception of Companies TORONTO , Oct. 16, 2024 /PRNewswire/ -- The Harris Poll, a Stagwell (NASDAQ: STGW) agency, today released the fi...

5 weeks ago - PRNewsWire

Stagwell (STGW) Schedules Webcast to Discuss Financial Results for the Three Months Ended September 30, 2024

NEW YORK , Oct. 10, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, will report financial results for the three months ended September 30, 2024, on T...

5 weeks ago - PRNewsWire

Stagwell Named Global Lead for Creative Campaigns and Social Content at Adobe

Stagwell and Adobe to build a modern marketing partnership with expanded Global wins, while launching a three-year innovative joint go-to-market business partnership leveraging each company's unique o...

Other symbols: ADBE
7 weeks ago - PRNewsWire

U.S. and U.K. Respondents Agree: Brands Can and Should Safely Advertise Alongside Quality News

Stagwell (STGW) releases second installation of News Advertising Study, this time fielded among more than 20,000 British adults 76% of the British population follows the news closely or very closely, ...

2 months ago - PRNewsWire

Predict What's Possible: PRophet, a Stagwell (STGW) Company, Leads Discussions on AI at PRSA ICON 2024

As Titanium Sponsor, PRophet to Showcase the Future of AI in PR and Communications with Expert Sessions and In-Depth Demos NEW YORK and ANAHIEM, Calif., Sept. 19, 2024 /PRNewswire/ -- Stagwell Marketi...

2 months ago - PRNewsWire

Stagwell Expands 'Future of News' Initiative to the U.K. with a September 26 Summit at its EMEA Headquarters

Summit to Convene Prominent U.K. Journalists and Industry Leaders, including Kamal Ahmed, Joanna Gosling, Sam McAlister and more Stagwell to Unveil a New U.K. Version of the News Advertising Study, Hi...

2 months ago - PRNewsWire

Stagwell (STGW) Appoints Sunil John as Senior Advisor, MENA, to Spearhead Regional Growth

NEW YORK , Sept. 18, 2024 /PRNewswire/ -- Stagwell (NASDAW: STGW), the challenger network built to transform marketing, has appointed Sunil John as Senior Advisor, Stagwell MENA.

2 months ago - PRNewsWire

WARNING FROM OLDER ADULTS: CARE FOR AGING IN AMERICA NEEDS URGENT RETHINKING

NEW YORK , Sept. 17, 2024 /PRNewswire/ -- A survey of older adults in the United States reveals wide-ranging dissatisfaction with health care and related services that don't reflect and respond to how...

2 months ago - PRNewsWire

ARound, Minnesota United FC, and Target Unveil First-Ever In-Stadium AR Experience in Major League Soccer

ARound's Stadium-Level Technology Transforms the Fan Experience for Sports Teams, Audiences, and Brands MINNEAPOLIS , Aug. 26, 2024 /PRNewswire/ -- ARound, the leader in large-scale augmented reality ...

3 months ago - PRNewsWire

Stagwell (STGW) Announces September Investor Conference Schedule

Management to appear at events hosted by Citi, Benchmark, Goldman Sachs, B. Riley and Deutsche Bank NEW YORK , Aug. 22, 2024 /PRNewswire/ -- Stagwell Inc. (NASDAQ: STGW), the challenger network built ...

3 months ago - PRNewsWire