Cardlytics Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cardlytics in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Cardlytics stock. 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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Wall Street analysts have given Cardlytics a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cardlytics wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Cardlytics is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Cardlytics.

Cardlytics, Inc. (NASDAQ:CDLX) announced its earnings results on Sunday, February, 28th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by $0.02. The firm had revenue of $67.08 million for the quarter, compared to the consensus estimate of $60.84 million. Cardlytics had a negative trailing twelve-month return on equity of 31.98% and a negative net margin of 23.91%. The company's revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 earnings per share.
View Cardlytics' earnings history.

Cardlytics' stock was trading at $45.83 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CDLX shares have increased by 175.0% and is now trading at $126.02.
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Cardlytics issued an update on its FY 2021 Pre-Market earnings guidance on Monday, March, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $250-275 million, compared to the consensus revenue estimate of $255.59 million.

6 brokers have issued twelve-month price targets for Cardlytics' shares. Their forecasts range from $75.00 to $150.00. On average, they anticipate Cardlytics' stock price to reach $104.17 in the next year. This suggests that the stock has a possible downside of 17.3%.
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63 employees have rated Cardlytics CEO Scott Grimes on Glassdoor.com. Scott Grimes has an approval rating of 86% among Cardlytics' employees.

Some companies that are related to Cardlytics include LINE (LN), Weibo (WB), FactSet Research Systems (FDS), Dada Nexus (DADA), TripAdvisor (TRIP), Chindata Group (CD), OneConnect Financial Technology (OCFT), Medallia (MDLA), HUYA (HUYA), Sabre (SABR), Magnite (MGNI), 21Vianet Group (VNET), DouYu International (DOYU), Rackspace Technology (RXT) and Switch (SWCH).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Cardlytics investors own include NVIDIA (NVDA), Square (SQ), DocuSign (DOCU), Advanced Micro Devices (AMD), Caterpillar (CAT), The Walt Disney (DIS), Alibaba Group (BABA), The 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 $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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.46%), JPMorgan Chase & Co. (5.28%), Wells Fargo & Company MN (3.07%), Morgan Stanley (3.00%), Lord Abbett & CO. LLC (2.84%) and Bank of New York Mellon Corp (1.37%). Company insiders that own Cardlytics stock include Aimia Inc, Andrew Christiansen, Bryce Youngren, Clifford Sosin, David Leslie Adams, David Thomas Evans, John L Jr Klinck, John V Balen, Kirk Somers, Lynne Marie Laube, Mark A Johnson, Polaris Venture Management Co, Scott D Grimes and Tony Weisman.
View institutional ownership trends for Cardlytics.

CDLX stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Frontier Capital Management Co. LLC, Bank of New York Mellon Corp, Wells Fargo & Company MN, Bienville Capital Management LLC, Tygh Capital Management Inc., Morgan Stanley, and Pier Capital LLC. Company insiders that have sold Cardlytics company stock in the last year include Andrew Christiansen, Bryce Youngren, David Leslie Adams, David Thomas Evans, John L Jr Klinck, Kirk Somers, Lynne Marie Laube, Mark A Johnson, Scott D Grimes, and Tony Weisman.
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CDLX stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Water Island Capital LLC, Lord Abbett & CO. LLC, Motley Fool Asset Management LLC, Thornburg Investment Management Inc., Voloridge Investment Management LLC, BlackRock Inc., and Columbus Circle Investors. Company insiders that have bought Cardlytics stock in the last two years include Clifford Sosin, and John V Balen.
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Shares of CDLX 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 $126.02.

Cardlytics has a market capitalization of $3.52 billion and generates $210.43 million in revenue each year. The company earns $-17,140,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis.

Cardlytics employs 486 workers across the globe.

The official website for Cardlytics is www.cardlytics.com.

Cardlytics is headquartered at 675 PONCE DE LEON AVENUE NE SUITE 6000, ATLANTA GA, 30308.

Cardlytics' mailing address is 675 PONCE DE LEON AVENUE NE SUITE 6000, ATLANTA GA, 30308. The company can be reached via phone at (888) 798-5802 or via email at [email protected]