Criteo (NASDAQ:CRTO) Stock Price Target Cut by Wedbush

Key Points

• Wedbush cut its Criteo price target to $21 from $25 but maintained an “outperform” rating, implying 34.27% upside from the prior close.
• Criteo reported quarterly EPS of $0.43, missing the $0.57 consensus, while revenue declined 16.7% year over year to $240.36 million, slightly exceeding estimates.
• Analyst sentiment is mixed: MarketBeat reports an average “Hold” rating and a consensus price target of $21.95, with six Buy, four Hold, and two Sell ratings.

Criteo (NASDAQ:CRTO - Get Free Report) had its target price decreased by equities research analysts at Wedbush from $25.00 to $21.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has an "outperform" rating on the information services provider's stock. Wedbush's price target suggests a potential upside of 34.27% from the company's previous close.

A number of other analysts also recently weighed in on the company. Morgan Stanley dropped their target price on Criteo from $29.00 to $25.00 and set an "equal weight" rating for the company in a research report on Thursday, August 6th. Benchmark decreased their price target on shares of Criteo from $25.00 to $21.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. Weiss Ratings lowered shares of Criteo from a "sell (d+)" rating to a "sell (d)" rating in a report on Wednesday, October 21st. Citigroup reaffirmed a "buy" rating on shares of Criteo in a research note on Friday, August 14th. Finally, Huber Research lowered Criteo from an "overweight" rating to an "underweight" rating in a research note on Monday, August 24th. Six analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $21.95.

Criteo Trading Up 3.1%

NASDAQ:CRTO opened at $15.64 on Thursday. Criteo has a 12 month low of $13.95 and a 12 month high of $25.29. The stock has a market capitalization of $766.33 million, a price-to-earnings ratio of 7.94 and a beta of 0.35. The firm has a fifty day simple moving average of $16.01 and a two-hundred day simple moving average of $18.03.

Criteo (NASDAQ:CRTO - Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The information services provider reported $0.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by ($0.14). Criteo had a return on equity of 14.33% and a net margin of 5.60%. The firm had revenue of $240.36 million during the quarter, compared to the consensus estimate of $239.18 million. During the same period in the previous year, the company posted $1.31 earnings per share. The company's revenue for the quarter was down 16.7% on a year-over-year basis. Equities analysts predict that Criteo will post 2.58 earnings per share for the current fiscal year.

Insider Buying and Selling at Criteo

In other news, CEO Michael Komasinski sold 1,656 shares of the business's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $17.28, for a total transaction of $28,615.68. Following the completion of the sale, the chief executive officer owned 343,891 shares of the company's stock, valued at $5,942,436.48. The trade was a 0.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 2,855 shares of company stock worth $48,898. 1.52% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. WealthCollab LLC lifted its holdings in shares of Criteo by 147.5% in the 1st quarter. WealthCollab LLC now owns 1,371 shares of the information services provider's stock worth $25,000 after acquiring an additional 817 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in Criteo by 185.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,446 shares of the information services provider's stock valued at $30,000 after acquiring an additional 940 shares during the period. GAMMA Investing LLC lifted its stake in shares of Criteo by 61.1% in the 2nd quarter. GAMMA Investing LLC now owns 3,465 shares of the information services provider's stock valued at $63,000 after purchasing an additional 1,314 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Criteo during the second quarter worth $36,000. Finally, Parallel Advisors LLC increased its holdings in shares of Criteo by 357.9% in the first quarter. Parallel Advisors LLC now owns 4,126 shares of the information services provider's stock valued at $74,000 after purchasing an additional 3,225 shares during the last quarter. 94.27% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Criteo

Here are the key news stories impacting Criteo this week:

• Positive Sentiment: Q3 media spend rose 9% to $1.2 billion, and Criteo is expanding its Performance Connected TV offering internationally, starting in Brazil and Mexico by year-end 2026, with further markets planned for 2027. These initiatives could support growth. Criteo expands Performance CTV capabilities
• Positive Sentiment: For Q4, Criteo forecast contribution ex-TAC of $292 million to $298 million, giving investors a near-term outlook for a key operating measure. Criteo Q4 forecast and redomiciliation plans
• Neutral Sentiment: The company is targeting January 1, 2027, for a U.S. redomiciliation; the announcement did not specify a direct near-term financial effect. Criteo Q4 forecast and redomiciliation plans
• Negative Sentiment: Q3 EPS was $0.43, below the $0.57 consensus, while revenue fell 16.7% year over year to $240.36 million. Revenue narrowly topped estimates, but the earnings shortfall and decline in sales may weigh on sentiment. Criteo reports third-quarter 2026 results

Criteo Company Profile

Criteo SA NASDAQ: CRTO is a global commerce media and advertising technology company headquartered in Paris, France. The company helps brands, retailers and other businesses use commerce data and artificial intelligence to reach consumers, build customer relationships and measure advertising performance across digital channels.

Criteo's offerings include retail media solutions, which enable retailers and marketplace operators to provide sponsored product listings and other advertising placements, as well as performance media tools for campaigns across websites, mobile applications and the open internet.

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