Vimeo's (VMEO) "Hold (C-)" Rating Reaffirmed at Weiss Ratings

Key Points

• Vimeo's stock retains a strong "hold (C-)" rating from Weiss Ratings, indicating a cautious outlook amid mixed analyst sentiments.
• Multiple analyst downgrades have occurred, with average target prices now at $7.03, following reports from firms like Zacks Research and Piper Sandler.
• Vimeo reported a quarterly profit of $0.04 per share, exceeding analysts' expectations, despite a slight dip in revenue compared to forecasts.

Vimeo (NASDAQ:VMEO - Get Free Report)'s stock had its "hold (c-)" rating restated by Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.

Other equities research analysts also recently issued research reports about the company. Truist Financial restated a "hold" rating and set a $7.85 target price (down previously from $8.00) on shares of Vimeo in a research report on Friday, September 12th. Zacks Research downgraded Vimeo from a "strong-buy" rating to a "hold" rating in a report on Friday, October 3rd. Piper Sandler downgraded Vimeo from an "overweight" rating to a "hold" rating and set a $7.85 price objective for the company. in a report on Wednesday, September 10th. Finally, Wall Street Zen downgraded Vimeo from a "buy" rating to a "hold" rating in a report on Saturday, September 13th. Six research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $7.03.

Vimeo Price Performance

Shares of VMEO stock traded down $0.02 on Friday, reaching $7.78. 890,428 shares of the stock were exchanged, compared to its average volume of 1,803,888. The stock has a market cap of $1.29 billion, a PE ratio of 97.50 and a beta of 2.21. Vimeo has a one year low of $3.64 and a one year high of $7.90. The stock has a 50 day moving average price of $6.47 and a 200 day moving average price of $5.10.

Vimeo (NASDAQ:VMEO - Get Free Report) last released its earnings results on Monday, August 4th. The company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.05. The company had revenue of $104.65 million during the quarter, compared to the consensus estimate of $107.36 million. Vimeo had a return on equity of 3.31% and a net margin of 3.17%.The firm's quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.06 earnings per share. Vimeo has set its Q3 2025 guidance at EPS. On average, research analysts expect that Vimeo will post 0.16 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Vimeo

Several large investors have recently modified their holdings of VMEO. T. Rowe Price Investment Management Inc. increased its holdings in shares of Vimeo by 74.9% in the first quarter. T. Rowe Price Investment Management Inc. now owns 10,484,430 shares of the company's stock worth $55,149,000 after acquiring an additional 4,488,607 shares in the last quarter. Boston Partners increased its holdings in shares of Vimeo by 279.4% in the first quarter. Boston Partners now owns 4,531,775 shares of the company's stock worth $23,833,000 after acquiring an additional 3,337,354 shares in the last quarter. Nuveen LLC bought a new stake in shares of Vimeo in the first quarter worth about $15,363,000. Qube Research & Technologies Ltd increased its holdings in shares of Vimeo by 238.8% in the second quarter. Qube Research & Technologies Ltd now owns 1,907,322 shares of the company's stock worth $7,706,000 after acquiring an additional 1,344,343 shares in the last quarter. Finally, Lynrock Lake LP increased its holdings in shares of Vimeo by 8.9% in the first quarter. Lynrock Lake LP now owns 15,217,094 shares of the company's stock worth $80,042,000 after acquiring an additional 1,242,549 shares in the last quarter. 84.97% of the stock is currently owned by institutional investors.

About Vimeo

Vimeo, Inc, together with its subsidiaries, provides video software solutions worldwide. It provides the video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform. The company also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools.

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