Brokerages Set Criteo S.A. (NASDAQ:CRTO) Target Price at $40.00

Key Points

• Criteo S.A. has received a consensus recommendation of “Hold” from nine research firms, with one sell, three hold, and five buy ratings issued recently.
• The average 12-month price target for Criteo among analysts stands at $40.00, but some firms have adjusted their target prices, with Morgan Stanley reducing theirs from $40.00 to $36.00.
• Criteo reported $0.92 EPS for the last quarter, exceeding analyst expectations, and its quarterly revenue rose 2.5% year-over-year.

Criteo S.A. (NASDAQ:CRTO - Get Free Report) has been assigned an average recommendation of "Hold" from the nine analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $40.00.

CRTO has been the subject of a number of recent analyst reports. BMO Capital Markets upped their price objective on Criteo from $49.00 to $51.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Benchmark dropped their price objective on Criteo from $46.00 to $42.00 and set a "buy" rating for the company in a research note on Tuesday, July 22nd. Stifel Nicolaus dropped their price objective on Criteo from $42.00 to $41.00 and set a "buy" rating for the company in a research note on Tuesday, July 22nd. DA Davidson reduced their target price on Criteo from $42.00 to $38.00 and set a "buy" rating on the stock in a report on Thursday, July 31st. Finally, Wells Fargo & Company lowered their price objective on Criteo from $54.00 to $40.00 and set an "overweight" rating for the company in a research note on Tuesday, July 29th.

Insider Buying and Selling

In related news, insider Brian Gleason sold 2,842 shares of the company's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $22.85, for a total transaction of $64,939.70. Following the transaction, the insider directly owned 152,122 shares in the company, valued at approximately $3,475,987.70. This represents a 1.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.66% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wells Fargo & Company MN raised its stake in Criteo by 53.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,192 shares of the information services provider's stock valued at $166,000 after buying an additional 1,455 shares during the last quarter. Barclays PLC increased its holdings in Criteo by 81.8% in the 4th quarter. Barclays PLC now owns 11,247 shares of the information services provider's stock worth $445,000 after buying an additional 5,061 shares during the period. Stifel Financial Corp increased its holdings in Criteo by 9.3% in the 4th quarter. Stifel Financial Corp now owns 22,722 shares of the information services provider's stock worth $899,000 after buying an additional 1,936 shares during the period. The Manufacturers Life Insurance Company increased its holdings in Criteo by 17.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 6,520 shares of the information services provider's stock worth $258,000 after buying an additional 971 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its holdings in Criteo by 94.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 27,351 shares of the information services provider's stock worth $1,082,000 after buying an additional 13,291 shares during the period. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

Criteo Stock Up 0.8%

Shares of Criteo stock traded up $0.18 during trading hours on Monday, reaching $23.37. 169,446 shares of the stock traded hands, compared to its average volume of 436,534. The company has a 50 day moving average price of $23.85 and a 200 day moving average price of $28.85. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 9.79 and a beta of 0.47. Criteo has a one year low of $22.43 and a one year high of $47.26.

Criteo (NASDAQ:CRTO - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The information services provider reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.22. The business had revenue of $292.00 million during the quarter, compared to the consensus estimate of $274.62 million. Criteo had a return on equity of 16.91% and a net margin of 7.10%.The business's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.08 EPS. Criteo has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Criteo will post 3.09 earnings per share for the current year.

Criteo Company Profile

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.