Criteo (NASDAQ:CRTO) Stock Price Target Lowered at Citigroup

Key Points

• Citigroup lowered its Criteo price target from $23 to $21 but maintained a Buy rating; the new target implies 36.36% upside from the stock’s then-current price.
• Analyst views are mixed: six rate Criteo Buy, four Hold, and two Sell, for an overall MarketBeat rating of Hold and an average target of $21.35.
• Criteo reported quarterly EPS of $0.43, below the $0.57 consensus, while revenue fell 16.7% year over year to $240.36 million despite slightly beating estimates.

Criteo (NASDAQ:CRTO - Get Free Report) had its price objective lowered by equities researchers at Citigroup from $23.00 to $21.00 in a research report issued on Thursday, Benzinga reports. The firm presently has a "buy" rating on the information services provider's stock. Citigroup's price target would suggest a potential upside of 36.36% from the stock's current price.

Several other brokerages have also issued reports on CRTO. Zacks Research upgraded Criteo from a "strong sell" rating to a "hold" rating in a research note on Monday, October 19th. Sanford C. Bernstein lowered Criteo from an "outperform" rating to a "market perform" rating and reduced their price objective for the stock from $35.00 to $20.50 in a research note 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 cut Criteo from a "sell (d+)" rating to a "sell (d)" rating in a report on Wednesday, October 21st. Finally, Morgan Stanley reduced their price target on Criteo from $29.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Thursday, August 6th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $21.35.

Criteo Stock Performance

Shares of Criteo stock traded down $0.24 during trading on Thursday, hitting $15.40. 291,743 shares of the stock traded hands, compared to its average volume of 421,699. The stock has a market cap of $754.57 million, a P/E ratio of 7.82 and a beta of 0.35. The company has a fifty day moving average price of $16.01 and a two-hundred day moving average price of $18.03. Criteo has a twelve month low of $13.95 and a twelve month high of $25.29.

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

Insider Transactions at Criteo

In other Criteo news, CEO Michael Komasinski sold 1,656 shares of Criteo stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $17.28, for a total value of $28,615.68. Following the sale, the chief executive officer owned 343,891 shares of the company's stock, valued at $5,942,436.48. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 2,855 shares of company stock worth $48,898. 1.52% of the stock is currently owned by corporate insiders.

Institutional Trading of Criteo

Institutional investors have recently made changes to their positions in the business. QRG Capital Management Inc. grew its stake in Criteo by 15.8% in the second quarter. QRG Capital Management Inc. now owns 54,023 shares of the information services provider's stock valued at $988,000 after purchasing an additional 7,352 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Criteo during the second quarter worth approximately $36,000. GAMMA Investing LLC increased its stake in shares of Criteo by 61.1% during the second quarter. GAMMA Investing LLC now owns 3,465 shares of the information services provider's stock worth $63,000 after purchasing an additional 1,314 shares during the period. Parallel Advisors LLC lifted its holdings in Criteo by 357.9% during the 1st quarter. Parallel Advisors LLC now owns 4,126 shares of the information services provider's stock worth $74,000 after purchasing an additional 3,225 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in shares of Criteo by 4.6% in the first quarter. Janus Henderson Group PLC now owns 1,769,644 shares of the information services provider's stock valued at $31,774,000 after acquiring an additional 77,145 shares during the period. Institutional investors own 94.27% of the company's stock.

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 with Brazil and Mexico by year-end 2026. The rollout could broaden future growth opportunities. Criteo expands Performance CTV capabilities
• Neutral Sentiment: Criteo forecast fourth-quarter contribution ex-TAC of $292 million to $298 million and is targeting a U.S. redomiciliation effective January 1, 2027. The forecast provides an outlook, while the corporate move may add uncertainty as it approaches. Q4 forecast and redomiciliation
• Negative Sentiment: Q3 EPS of $0.43 missed the $0.57 consensus, and revenue declined 16.7% year over year to $240.36 million, despite slightly exceeding estimates. The earnings shortfall and steep annual revenue decline weigh on the outlook. Criteo Q3 2026 results
• Negative Sentiment: Wells Fargo lowered its price target to $14 from $15 and maintained an Equal Weight rating. Wedbush also cut its target, to $21 from $25, but retained an Outperform rating—leaving a more optimistic view than Wells Fargo. Read More. | Read More.

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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