NASDAQ:BCOV - Brightcove Stock Price, Forecast & News

Brightcove trades on the NASDAQ under the ticker symbol "BCOV."

Brightcove Inc (NASDAQ:BCOV) issued its quarterly earnings results on Wednesday, October, 23rd. The software maker reported $0.06 EPS for the quarter, topping the consensus estimate of $0.04 by $0.02. The software maker had revenue of $47.43 million for the quarter, compared to analysts' expectations of $47.26 million. Brightcove had a negative net margin of 10.02% and a negative return on equity of 7.81%. Brightcove's revenue for the quarter was up 15.4% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.03) earnings per share. View Brightcove's Earnings History.

Brightcove is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Brightcove.

Brightcove updated its fourth quarter earnings guidance on Wednesday, October, 23rd. The company provided earnings per share guidance of $0.05-0.06 for the period, compared to the Thomson Reuters consensus estimate of $0.09. The company issued revenue guidance of $47.6-48.1 million, compared to the consensus revenue estimate of $48.40 million.

2 brokerages have issued 1 year price objectives for Brightcove's shares. Their forecasts range from $12.00 to $14.00. On average, they expect Brightcove's stock price to reach $13.00 in the next year. This suggests a possible upside of 39.4% from the stock's current price. View Analyst Price Targets for Brightcove.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brightcove in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Brightcove.

Media coverage about BCOV stock has been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Brightcove earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned news coverage about the software maker a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Brightcove.

Brightcove saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 724,100 shares, an increase of 14.0% from the September 15th total of 635,100 shares. Based on an average trading volume of 184,200 shares, the days-to-cover ratio is presently 3.9 days. Currently, 1.9% of the company's shares are short sold. View Brightcove's Current Options Chain.

Some companies that are related to Brightcove include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), Verisign (VRSN), CoStar Group (CSGP), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), ANGI Homeservices (ANGI), Envestnet (ENV), LogMeIn (LOGM), Cornerstone OnDemand (CSOD), Cimpress (CMPR) and LivePerson (LPSN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Brightcove investors own include Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), Ford Motor (F), Cypress Semiconductor (CY), Navios Maritime Midstream Partners (NAP), Oasis Petroleum (OAS), SunCoke Energy Partners (SXCP), Arlington Asset Investment (AI), Centurylink (CTL) and Medley Capital (MCC).

Brightcove's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Tenzing Global Management LLC (7.80%), State Street Corp (1.87%), Mcclain Value Management LLC (1.52%), Millennium Management LLC (1.02%), Squarepoint Ops LLC (0.44%) and Horrell Capital Management Inc. (0.30%). Company insiders that own Brightcove stock include David Plotkin, Deborah M Besemer and Jeff Ray. View Institutional Ownership Trends for Brightcove.

BCOV stock was sold by a variety of institutional investors in the last quarter, including Horrell Capital Management Inc., Barclays PLC, Strs Ohio, Versant Capital Management Inc and First Mercantile Trust Co.. View Insider Buying and Selling for Brightcove.

BCOV stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Mcclain Value Management LLC, Squarepoint Ops LLC, Baker Avenue Asset Management LP, Tenzing Global Management LLC, Mackay Shields LLC, State Street Corp and California Public Employees Retirement System. View Insider Buying and Selling for Brightcove.

Shares of BCOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of BCOV stock can currently be purchased for approximately $9.33.

Brightcove has a market capitalization of $361.82 million and generates $164.83 million in revenue each year. The software maker earns $-14,030,000.00 in net income (profit) each year or ($0.27) on an earnings per share basis. Brightcove employs 495 workers across the globe.View Additional Information About Brightcove.

The official website for Brightcove is http://www.brightcove.com/.

Brightcove's mailing address is 290 CONGRESS STREET, BOSTON MA, 02210. The software maker can be reached via phone at 888-882-1880 or via email at [email protected]