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NASDAQ:BCOVBrightcove Stock Price, Forecast & News

$8.19
+0.15 (+1.87 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$8.00
Now: $8.19
$8.68
50-Day Range
$6.97
MA: $8.21
$8.99
52-Week Range
$5.44
Now: $8.19
$12.88
Volume150,500 shs
Average Volume199,726 shs
Market Capitalization$319.22 million
P/E RatioN/A
Dividend YieldN/A
Beta0.79
Brightcove Inc. provides cloud-based services for video. It offers Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices. The company also provides Zencoder, a cloud-based video encoding service for file support, quality and control, speed and reliability, platform and security, and account and integration; SSAI, a cloud-based ad insertion and video stitching service; and Player, a cloud-based service for creating and managing video player experiences. In addition, it offers Video Marketing Suite, a suite of video technologies to address the needs of marketers to drive awareness, engagement, and conversion; OTT Flow, a service for media companies and content owners to deploy direct-to-consumer, live and on-demand video services across platforms; and Enterprise video suite, an enterprise-class platform for internal communications, employee training, live streaming, marketing, and e-commerce videos. Further, the company provides account management, professional, support, and online and onsite training services. It serves media companies, broadcasters, publishers, sports and entertainment companies, fashion and hospitality brands and corporations, faith-based institutions, e-commerce platforms, and hi-tech organizations; and governments, educational institutions, and non-profit organizations through direct sales, referral partners, channel partners, and resellers in North America, Europe, Japan, the Asia Pacific, and internationally, as well as sells its products online. The company was formerly known as Video Marketplace, Inc. and changed its name to Brightcove Inc. in March 2005. Brightcove Inc. was founded in 2004 and is headquartered in Boston, Massachusetts.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.21 out of 5 stars


Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:BCOV
CUSIP10921T10
Phone888-882-1880

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$184.46 million
Cash Flow$0.05 per share
Book Value$1.91 per share

Profitability

Net Income$-21,900,000.00

Miscellaneous

Employees495
Market Cap$319.22 million
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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Brightcove (NASDAQ:BCOV) Frequently Asked Questions

How has Brightcove's stock been impacted by COVID-19 (Coronavirus)?

Brightcove's stock was trading at $7.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BCOV shares have increased by 13.3% and is now trading at $8.19. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Brightcove?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brightcove in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Brightcove.

When is Brightcove's next earnings date?

Brightcove is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Brightcove.

How were Brightcove's earnings last quarter?

Brightcove Inc (NASDAQ:BCOV) announced its quarterly earnings data on Wednesday, April, 29th. The software maker reported $0.04 earnings per share for the quarter, hitting analysts' consensus estimates of $0.04. The software maker had revenue of $46.65 million for the quarter, compared to analysts' expectations of $48.07 million. Brightcove had a negative net margin of 13.09% and a negative return on equity of 8.28%. The firm's quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the business earned ($0.01) EPS. View Brightcove's earnings history.

What guidance has Brightcove issued on next quarter's earnings?

Brightcove issued an update on its second quarter earnings guidance on Wednesday, April, 29th. The company provided earnings per share (EPS) guidance of ($0.05)-($0.01) for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.01. The company issued revenue guidance of $44.5-46.0 million, compared to the consensus revenue estimate of $48.67 million.

What price target have analysts set for BCOV?

3 brokers have issued 1 year price objectives for Brightcove's stock. Their forecasts range from $12.00 to $14.00. On average, they anticipate Brightcove's share price to reach $13.00 in the next twelve months. This suggests a possible upside of 58.7% from the stock's current price. View analysts' price targets for Brightcove.

Has Brightcove been receiving favorable news coverage?

Press coverage about BCOV stock has trended negative on Monday, InfoTrie reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Brightcove earned a news impact score of -2.0 on InfoTrie's scale. They also assigned news headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutBrightcove.

Are investors shorting Brightcove?

Brightcove saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 607,700 shares, an increase of 17.6% from the April 30th total of 516,700 shares. Based on an average daily volume of 224,200 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.6% of the shares of the stock are sold short. View Brightcove's Current Options Chain.

Who are some of Brightcove's key competitors?

What other stocks do shareholders of Brightcove own?

Who are Brightcove's key executives?

Brightcove's management team includes the following people:
  • Mr. David Plotkin, Chief Legal Officer (Age 51)
  • Mr. Hugh Jefferson Ray III, CEO & Director (Age 64)
  • Mr. Robert Noreck, Exec. VP, CFO & Principal Accounting Officer
  • Ms. Sara Larsen, Chief Marketing Officer
  • Mr. Hossein Razzaghi, Sr. VP of Sales

What is Brightcove's stock symbol?

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

Who are Brightcove's major shareholders?

Brightcove's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Trigran Investments Inc. (10.46%), Tenzing Global Management LLC (9.62%), BlackRock Inc. (6.62%), Cramer Rosenthal Mcglynn LLC (5.32%), Frontier Capital Management Co. LLC (4.14%) and State Street Corp (1.84%). Company insiders that own Brightcove stock include David Plotkin, Deborah M Besemer, Jeff Ray and Thomas E Wheeler. View institutional ownership trends for Brightcove.

Which major investors are selling Brightcove stock?

BCOV stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Squarepoint Ops LLC, Morgan Stanley, Spark Investment Management LLC, GSA Capital Partners LLP, Mcclain Value Management LLC, Frontier Capital Management Co. LLC, and Two Sigma Investments LP. View insider buying and selling activity for Brightcove.

Which major investors are buying Brightcove stock?

BCOV stock was acquired by a variety of institutional investors in the last quarter, including Tenzing Global Management LLC, Cramer Rosenthal Mcglynn LLC, Trigran Investments Inc., Acadian Asset Management LLC, BW Gestao de Investimentos Ltda., Geode Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., and King Luther Capital Management Corp. Company insiders that have bought Brightcove stock in the last two years include Jeff Ray, and Thomas E Wheeler. View insider buying and selling activity for Brightcove.

How do I buy shares of 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.

What is Brightcove's stock price today?

One share of BCOV stock can currently be purchased for approximately $8.19.

How big of a company is Brightcove?

Brightcove has a market capitalization of $319.22 million and generates $184.46 million in revenue each year. The software maker earns $-21,900,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis. Brightcove employs 495 workers across the globe.

What is Brightcove's official website?

The official website for Brightcove is www.brightcove.com.

How can I contact Brightcove?

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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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