Cardlytics (CDLX) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cardlytics in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CDLX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CDLX, but not buy additional shares or sell existing shares.
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5 equities research analysts have issued 12-month price objectives for Cardlytics' shares. Their CDLX share price forecasts range from $6.00 to $14.00. On average, they expect the company's stock price to reach $8.40 in the next twelve months. This suggests a possible upside of 47.1% from the stock's current price.
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Cardlytics' stock was trading at $5.78 on January 1st, 2023. Since then, CDLX shares have decreased by 1.2% and is now trading at $5.71.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our CDLX earnings forecast.

Cardlytics, Inc. (NASDAQ:CDLX) released its quarterly earnings results on Tuesday, May, 4th. The company reported ($0.34) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.56) by $0.22. The company had revenue of $53 million for the quarter, compared to analysts' expectations of $51.96 million. Cardlytics had a negative net margin of 164.33% and a negative trailing twelve-month return on equity of 23.55%. Cardlytics's revenue was up 16.5% compared to the same quarter last year. During the same period last year, the business earned ($0.26) earnings per share.
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Vanguard Communication Services ETF holds 120,467 shares of CDLX stock, representing 0.01% of its portfolio.

Cardlytics issued an update on its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $65.00 million-$74.00 million, compared to the consensus revenue estimate of $71.95 million.

26 employees have rated Cardlytics Chief Executive Officer Lynne Laube on Glassdoor.com. Lynne Laube has an approval rating of 86% among the company's employees. 61.0% of employees surveyed would recommend working at Cardlytics to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cardlytics investors own include NVIDIA (NVDA), Block (SQ), DocuSign (DOCU), Advanced Micro Devices (AMD), Caterpillar (CAT), Walt Disney (DIS), Alibaba Group (BABA), Trade Desk (TTD), QUALCOMM (QCOM) and Twilio (TWLO).

(CDLX) raised $76 million in an initial public offering on Friday, February 9th 2018. The company issued 5,400,000 shares at a price of $13.00-$15.00 per share. BofA Merrill Lynch and J.P. Morgan acted as the underwriters for the IPO and Wells Fargo Securities, SunTrust Robinson Humphrey, Raymond James and KeyBanc Capital Markets were co-managers.

Cardlytics trades on the NASDAQ under the ticker symbol "CDLX."

Cardlytics' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.63%), General Equity Holdings LP (4.45%), Baillie Gifford & Co. (4.24%), Two Sigma Advisers LP (1.89%), Geode Capital Management LLC (1.88%) and State Street Corp (1.77%). Insiders that own company stock include Andrew Christiansen, Bryce Youngren, Clifford Sosin, David Leslie Adams, David Thomas Evans, John L Jr Klinck, John V Balen, John V Balen, Kirk Somers, Lynne Marie Laube, Nicholas Hollmeyer Lynton, S Aimee Lapic, Scott D Grimes, Scott D Grimes and Tony Weisman.
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Shares of CDLX 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 CDLX stock can currently be purchased for approximately $5.71.

Cardlytics (NASDAQ:CDLX) has a market capitalization of $193.63 million and generates $298.54 million in revenue each year. The company earns $-465,260,000.00 in net income (profit) each year or ($14.48) on an earnings per share basis.

The company employs 591 workers across the globe.

Cardlytics' mailing address is 675 PONCE DE LEON AVENUE NE SUITE 6000, ATLANTA GA, 30308. The official website for the company is www.cardlytics.com. The company can be reached via phone at (888) 798-5802 or via email at ir@cardlytics.com.