Brightcove - BCOV Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brightcove in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BCOV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BCOV, but not buy additional shares or sell existing shares.
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2 analysts have issued 1 year price objectives for Brightcove's stock. Their BCOV share price forecasts range from $8.00 to $9.00. On average, they anticipate the company's share price to reach $8.50 in the next year. This suggests a possible upside of 64.1% from the stock's current price.
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Brightcove's stock was trading at $10.22 on January 1st, 2022. Since then, BCOV shares have decreased by 49.3% and is now trading at $5.18.
View the best growth stocks for 2022 here.

Brightcove saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 577,900 shares, a decrease of 8.7% from the October 31st total of 633,000 shares. Based on an average trading volume of 164,500 shares, the short-interest ratio is presently 3.5 days. Approximately 1.4% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our BCOV earnings forecast.

Brightcove Inc. (NASDAQ:BCOV) announced its quarterly earnings data on Wednesday, November, 2nd. The software maker reported $0.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The software maker had revenue of $53.90 million for the quarter, compared to analysts' expectations of $52.50 million. Brightcove had a negative net margin of 1.49% and a positive trailing twelve-month return on equity of 1.91%. The business's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.05 earnings per share.

Brightcove issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share guidance of -$0.03-0 for the period, compared to the consensus EPS estimate of $0.05. The company issued revenue guidance of $49.20 million-$50.20 million, compared to the consensus revenue estimate of $53.20 million.

96 employees have rated Brightcove Chief Executive Officer Marc Debevoise on Glassdoor.com. Marc Debevoise has an approval rating of 84% among the company's employees. 93.0% of employees surveyed would recommend working at Brightcove to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brightcove investors own include Energy Transfer (ET), Advanced Micro Devices (AMD), Ford Motor (F), OPKO Health (OPK), CBL & Associates Properties (CBL), Cypress Semiconductor (CY), Annaly Capital Management (NLY), AT&T (T), C3.ai (AI) and Ampio Pharmaceuticals (AMPE).

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

Brightcove's stock is owned by a variety of retail and institutional investors. Top institutional investors include Trigran Investments Inc. (15.69%), Edenbrook Capital LLC (12.55%), Vanguard Group Inc. (6.62%), BlackRock Inc. (6.02%), Lynrock Lake LP (5.81%) and Federated Hermes Inc. (5.74%). Insiders that own company stock include David Plotkin, Edenbrook Capital, Llc, Jeff Ray, Ritcha Ranjan, Thomas E Wheeler and Tsedal Neeley.
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Shares of BCOV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BCOV stock can currently be purchased for approximately $5.18.

Brightcove (NASDAQ:BCOV) has a market capitalization of $217.92 million and generates $211.09 million in revenue each year. The software maker earns $5.40 million in net income (profit) each year or ($0.08) on an earnings per share basis.

The company employs 678 workers across the globe.

Brightcove's mailing address is 290 CONGRESS STREET, BOSTON MA, 02210. The official website for the company is www.brightcove.com. The software maker can be reached via phone at (888) 882-1880, via email at investorrelations@brightcove.com, or via fax at 617-261-4830.