NASDAQ:BCOVBrightcove Stock Price, Forecast & News

Brightcove's stock was trading at $7.23 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BCOV shares have increased by 10.8% and is now trading at $8.01. View which stocks have been most impacted by Coronavirus.

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.

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

Brightcove Inc (NASDAQ:BCOV) released its quarterly earnings results on Wednesday, April, 29th. The software maker reported $0.04 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.04. The software maker earned $46.65 million during the quarter, compared to analysts' expectations of $48.07 million. Brightcove had a negative return on equity of 8.28% and a negative net margin of 13.09%. The company's quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.01) earnings per share. View Brightcove's earnings history.

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

3 brokers have issued 12 month price objectives for Brightcove's stock. 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 62.3% from the stock's current price. View analysts' price targets for Brightcove.

Media coverage about BCOV stock has trended somewhat positive on Thursday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Brightcove earned a daily sentiment score of 1.6 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutBrightcove.

Brightcove saw a increase in short interest in 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 short-interest ratio is presently 2.7 days. Approximately 1.6% of the company's shares are sold short. View Brightcove's Current Options Chain.

Some companies that are related to Brightcove include Facebook (FB), Equinix (EQIX), eBay (EBAY), SEA (SE), CoStar Group (CSGP), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), J2 Global (JCOM), Stamps.com (STMP), Cornerstone OnDemand (CSOD) and SPS Commerce (SPSC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brightcove investors own include Energy Transfer LP Unit (ET), Ford Motor (F), CBL & Associates Properties (CBL), Cypress Semiconductor (CY), Oasis Petroleum (OAS), Arlington Asset Investment (AI), Centurylink (CTL), Medley Capital (MCC), Advanced Micro Devices (AMD) and Broadcom (AVGO).

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. (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.

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.

BCOV stock was bought 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.

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 $8.01.

Brightcove has a market capitalization of $312.21 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.

The official website for Brightcove is 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]