Stagwell Inc. (STGW)

NASDAQ: STGW · IEX Real-Time Price · USD
5.26
-1.76 (-25.14%)
Feb 27, 2024, 11:27 AM EST - Market open
-25.14%
Market Cap 1.92B
Revenue (ttm) 2.58B
Net Income (ttm) -10.08M
Shares Out 273.08M
EPS (ttm) -0.14
PE Ratio n/a
Forward PE 6.09
Dividend n/a
Ex-Dividend Date n/a
Volume 899,472
Open 5.22
Previous Close 7.02
Day's Range 5.16 - 6.15
52-Week Range 3.83 - 9.23
Beta 1.70
Analysts Strong Buy
Price Target 8.28 (+57.87%)
Earnings Date Feb 27, 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 11,100
Stock Exchange NASDAQ
Ticker Symbol STGW
Full Company Profile

Financial Performance

In 2022, Stagwell's revenue was $2.69 billion, an increase of 82.92% compared to the previous year's $1.47 billion. Earnings were $27.27 million, an increase of 29.63%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for STGW stock is "Strong Buy." The 12-month stock price forecast is $8.28, which is an increase of 57.87% from the latest price.

Price Target
$8.28
(57.87% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

4 hours 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...

1 day 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...

1 day 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...

5 days 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...

5 days 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...

5 days 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...

6 days 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.

7 days 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.

13 days 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...

13 days 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...

14 days 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...

21 days ago - PRNewsWire

Redscout Appoints Ashley Shaffer as Chief Marketing Officer

Schaffer will focus on business growth and innovation at Stagwell (STGW) consultancy NEW YORK , Jan. 31, 2024 /PRNewswire/ -- Redscout, a brand strategy and design consultancy within Stagwell (NASDAQ:...

27 days ago - PRNewsWire

PRophet, AI-Powered Suite for PR and Marketing Professionals, Appoints Jason Brandt as Chief Marketing Officer

Global marketing leader to leverage vast experience spanning sales operations, product strategy, and digital marketing to drive user adoption and growth NEW YORK , Jan. 24, 2024 /PRNewswire/ -- Stagwe...

4 weeks ago - PRNewsWire

Stagwell's (STGW) Instrument Charts Next Chapter of Growth with CEO, Executive Leadership Appointments

Laurel Burton to lead the multidisciplinary creative shop amid record new business streak as CEO NEW YORK and PORTLAND, Ore. , Jan. 23, 2024 /PRNewswire/ -- Instrument, a multidisciplinary creative sh...

5 weeks ago - PRNewsWire

JANUARY HARVARD CAPS / HARRIS POLL: IMMIGRATION IS NOW VOTERS' TOP CONCERN

TRUMP WIDENS LEAD BUT A JANUARY 6 CONVICTION COULD SWING ELECTION NEW YORK and CAMBRIDGE, Mass. , Jan. 22, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today released the results of the January Harvar...

5 weeks ago - PRNewsWire

CJ Worx Announces Departure from Stagwell's Affiliate Network to Pursue New Strategic Directions

BANGKOK--(BUSINESS WIRE)--Thailand's leading independent agency, CJ Worx, has announced its decision to exit Stagwell's Affiliate Network after a 20-month collaboration. This marks a pivotal moment fo...

5 weeks ago - Business Wire

JOHNSTON & MURPHY NAMES WOLFGANG AOR AFTER COMPETITIVE PITCH

PLAYA VISTA, Calif. , Jan. 18, 2024 /PRNewswire/ -- American premium footwear, apparel and accessories brand, Johnston & Murphy, has chosen Wolfgang, a Stagwell (NASDAQ: STGW) company, as its new crea...

Other symbols: GCO
5 weeks ago - PRNewsWire

Yamamoto Welcomes Michael Stelmaszek as Chief Creative Officer

MINNEAPOLIS , Jan. 17, 2024 /PRNewswire/ -- Michael Stelmaszek is joining full-service creative agency, Yamamoto, a Stagwell (NASDAQ: STGW) company, as Chief Creative Officer. "Michael is a perfect cr...

5 weeks ago - PRNewsWire

Stagwell's (STGW) Multiview Names Brandon Webb President

IRVING, Texas , Jan. 16, 2024 /PRNewswire/ -- Multiview, a nationally recognized B2B marketing firm, proudly announces the promotion of Brandon Webb, formerly Chief Operating Officer, to the position ...

5 weeks ago - PRNewsWire

Stagwell (STGW) and MNTN Partner to Forge a Unified Performance Marketing Ecosystem for Brands

Stagwell Chairman and CEO Mark Penn + MNTN President and CEO Mark Douglas to Hold 1:1 Briefings at CES 2024 NEW YORK and AUSTIN, Texas , Jan. 10, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the chal...

6 weeks ago - PRNewsWire

Stagwell's (STGW) Constellation Acquires 'Culturalist' Agency Team Epiphany

Team Epiphany brings influence, experiential, and multi-cultural marketing capabilities to the Constellation network NEW YORK , Jan. 5, 2024 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger net...

7 weeks ago - PRNewsWire

ARound and Immersal Team Up to Revolutionize Augmented Reality in Sports and Live Entertainment

AR Leaders Collaborate to Develop Next-Level Shared Experiences in WebAR for Venues Worldwide NEW YORK and HELSINKI , Jan. 4, 2024 /PRNewswire/ -- ARound, the pioneering shared augmented reality (AR) ...

7 weeks ago - PRNewsWire

RealClearPolitics and Stagwell (STGW) Launch RealClearPolling: The Go-To, Nonpartisan Polling Platform for Both Readers and Advertisers

The reimagined platform, created by Code and Theory with a new monetization offering powered by GALE and Multiview, allows advertisers to reach millions on this nonideological platform featuring the f...

2 months ago - PRNewsWire

DECEMBER HARVARD CAPS / HARRIS POLL: MOST VOTERS WANT THE U.S. TO SUPPORT ISRAEL AND UKRAINE

WIDE GENERATION GAP ON ISRAEL PERSISTS: MOST 18-24 VOTERS SEE JEWS AS OPPRESSORS BIDEN'S IMMIGRATION APPROVAL RATING DROPS 8 POINTS TO 38% IN THE LAST MONTH ECONOMIC PERCEPTIONS RISE BUT 55% STILL FEE...

2 months ago - PRNewsWire