NASDAQ:OTMO

Otonomo Technologies (OTMO) Stock Forecast, Price & News

$0.38

-0.01 (-2.55%)

(As of 06/9/2023 ET)

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Today's Range: $0.38
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$0.41
50-Day Range: $0.37
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$0.49
52-Week Range: $0.20
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$1.32

Volume: 182,569 shs
Average Volume: 135,811 shs
Market Capitalization: $54.23 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.75

Otonomo Technologies MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 357.9% Upside
$1.75 Price Target
Short Interest: Healthy
1.50% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.39) to ($0.24) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.47 out of 5 stars

Business Services Sector

81st out of 334 stocks

Prepackaged Software Industry

31st out of 211 stocks

3.5

Analyst's Opinion

Consensus Rating
Otonomo Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1.75, Otonomo Technologies has a forecasted upside of 357.9% from its current price of $0.38.
Amount of Analyst Coverage
Otonomo Technologies has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.50% of the float of Otonomo Technologies has been sold short.
Short Interest Ratio / Days to Cover
Otonomo Technologies has a short interest ratio ("days to cover") of 4.
Change versus previous month
Short interest in Otonomo Technologies has recently decreased by 9.01%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Otonomo Technologies does not currently pay a dividend.
Dividend Growth
Otonomo Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OTMO.

2.7

News and Social Media Coverage

News Sentiment
Otonomo Technologies has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.74 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Otonomo Technologies this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for OTMO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Otonomo Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
31.50% of the stock of Otonomo Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
43.11% of the stock of Otonomo Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Otonomo Technologies are expected to grow in the coming year, from ($0.39) to ($0.24) per share.
Price to Book Value per Share Ratio
Otonomo Technologies has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Otonomo Technologies (NASDAQ:OTMO) Stock

Otonomo Technologies Ltd. provides an automotive data service platform and marketplace that enables car manufacturers, drivers, and service providers to be part of a connected ecosystem. The company offers cabin data, including the state of doors and windows, ADAS, and infotainment data; engine-related information, such as fuel, oil, error codes or battery voltage, and state of charge; maintenance data comprising time or distance traveled and diagnostic trouble codes; data related to the specific vehicles, which include making, model, year, and fuel type; driving data consisting of location, distance travelled, odometer, and heading and speed; and environmental data that include external weather and temperature, and road hazards and road signs. Its data is used for various services, such as preventative maintenance, EV management, emergency services, on-demand fueling, insurance, and smart cities. The company collects vehicle-specific and aggregated data from vehicle data providers, such as vehicle manufacturers, vehicle fleet operators, and telematics service providers, as well as licenses software. It serves in North America, the Asia Pacific, Europe, the Middle East, and Africa. Otonomo Technologies Ltd. was founded in 2015 and is headquartered in Herzliya, Israel.

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OTMO Stock News Headlines

May 8, 2023 | americanbankingnews.com

Head-To-Head Contrast: iClick Interactive Asia Group (NASDAQ:ICLK) versus Otonomo Technologies (NASDAQ:OTMO)

April 4, 2023 | benzinga.com

Otonomo Technologies Stock (NASDAQ:OTMO), Dividends

June 10, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Software" to Revolutionize Warfare

This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>

April 1, 2023 | americanbankingnews.com

Analyzing Roblox (NYSE:RBLX) & Otonomo Technologies (NASDAQ:OTMO)

February 21, 2023 | wsj.com

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Otonomo Technologies Ltd (OTMO) Investigation

February 18, 2023 | finance.yahoo.com

Otonomo Technologies Ltd. (NASDAQ:OTMO) Q4 2022 Earnings Call Transcript

February 17, 2023 | seekingalpha.com

Otonomo Technologies Ltd (OTMO) Q4 2022 Earnings Call Transcript

February 15, 2023 | finanznachrichten.de

OTONOMO TECHNOLOGIES LTD: Otonomo Announces Fourth Quarter and Full Year 2022 Financial Results

June 10, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Software" to Revolutionize Warfare

February 15, 2023 | finance.yahoo.com

Otonomo Announces Fourth Quarter and Full Year 2022 Financial Results

February 10, 2023 | techcrunch.com

Connected car consolidation, as Urgently acquires Otonomo in reverse merger after its market cap plunges to $70M

February 10, 2023 | finance.yahoo.com

Otonomo, Urgently Agree To Merge Via All-Stock Transaction

February 10, 2023 | msn.com

Otonomo, the mobility data business valued at $1.4B in 2021 SPAC IPO, acquired by Urgent.ly as market cap dips to $70M

February 9, 2023 | finance.yahoo.com

Otonomo and Urgently to Combine to Create Leading Mobility Services Company

February 2, 2023 | finance.yahoo.com

MICHELIN DDi Selects Otonomo to Advance Road Safety Solutions

February 1, 2023 | finance.yahoo.com

Otonomo to Announce Fourth Quarter and Full Year 2022 Financial Results on February 15

January 31, 2023 | finance.yahoo.com

Otonomo to Enhance Global Mapping Products and Services in Microsoft Maps

January 18, 2023 | seekingalpha.com

OTMO Otonomo Technologies Ltd.

January 3, 2023 | finance.yahoo.com

Otonomo to Participate at the 25th Annual Needham Growth Conference

December 28, 2022 | finance.yahoo.com

Otonomo Technologies Ltd. (NASDAQ:OTMO) Q3 2022 Earnings Call Transcript

December 1, 2022 | finance.yahoo.com

Otonomo Delivers New Fleet Product Enhancements to Streamline User Experiences

November 16, 2022 | finanznachrichten.de

OTONOMO TECHNOLOGIES LTD: Otonomo Announces Third Quarter 2022 Results

November 16, 2022 | seekingalpha.com

Otonomo Technologies Ltd. (OTMO) Q3 2022 Earnings Call Transcript

November 16, 2022 | finance.yahoo.com

Otonomo Announces Third Quarter 2022 Results

November 15, 2022 | finance.yahoo.com

Otonomo Partners With Leading Global Consulting Firm to Improve Traffic Management and Road Safety

November 9, 2022 | finance.yahoo.com

Otonomo Selected by PREDIK Data-Driven to Power Competitive Intelligence Solutions

October 31, 2022 | finance.yahoo.com

Otonomo to Announce Third Quarter 2022 Financial Results on November 16

See More Headlines

OTMO Price History

30 days | 90 days | 365 days | Advanced Chart

OTMO Company Calendar

Today: 6/10/2023
Next Earnings (Estimated): 6/30/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:OTMO
CUSIP: N/A
CIK: 1842498
Web: www.otonomo.io
Phone: 972-52-432-9955
Fax: N/A
Employees: 128
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $1.75
High Stock Price Forecast: $2.00
Low Stock Price Forecast: $1.50
Forecasted Upside/Downside: +357.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 8.85
Quick Ratio: 11.08

Sales & Book Value

Annual Sales: $6.99 million
Price / Sales: 7.76
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.94 per share
Price / Book: 0.41

Miscellaneous

Outstanding Shares: 141,880,000
Free Float: 97,188,000
Market Cap: $54.23 million
Optionable: Not Optionable
Beta: 1.86

Key Executives

Mr. Ben Volkow (Age 49)
Co-Founder, CEO & Chairman

Ms. Bonnie Moav (Age 45)
Chief Financial Officer

Mr. Amit Hammer (Age 46)
Exec. VP of Operations

Ms. Maya Nassie Neeman
Gen. Counsel

Mr. Frederick A. Kohout
Chief Product & Marketing Officer

Ms. Hagit Tenne-Pereg
Exec. VP of HR

Mr. Anders Truelsen (Age 51)
Chief Revenue Officer

Shlomi Oren
Exec. VP of Engineering

Aldo Monteforte
Chief Exec. Officer of The Floow

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

OTMO Stock - Frequently Asked Questions

Should I buy or sell Otonomo Technologies stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Otonomo Technologies in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OTMO shares.
View OTMO analyst ratings or view top-rated stocks.
What is Otonomo Technologies' stock price forecast for 2023?: 2 brokers have issued 12-month target prices for Otonomo Technologies' stock. Their OTMO share price forecasts range from $1.50 to $2.00. On average, they anticipate the company's share price to reach $1.75 in the next year. This suggests a possible upside of 357.9% from the stock's current price.
View analysts price targets for OTMO or view top-rated stocks among Wall Street analysts.
How have OTMO shares performed in 2023?: Otonomo Technologies' stock was trading at $0.4070 at the start of the year. Since then, OTMO stock has decreased by 6.1% and is now trading at $0.3822.
View the best growth stocks for 2023 here.
When is Otonomo Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, June 30th 2023.
View our OTMO earnings forecast.
What is Otonomo Technologies' stock symbol?: Otonomo Technologies trades on the NASDAQ under the ticker symbol "OTMO."

Who are Otonomo Technologies' major shareholders?: Otonomo Technologies' stock is owned by many different institutional and retail investors. Top institutional shareholders include Cannell Capital LLC (4.12%), Renaissance Technologies LLC (0.13%) and Simplex Trading LLC (0.00%).
View institutional ownership trends.
How do I buy shares of Otonomo Technologies?: Shares of OTMO 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.
Compare Top Brokerages Here.
What is Otonomo Technologies' stock price today?: One share of OTMO stock can currently be purchased for approximately $0.38.
How much money does Otonomo Technologies make?: Otonomo Technologies (NASDAQ:OTMO) has a market capitalization of $54.23 million and generates $6.99 million in revenue each year.
How many employees does Otonomo Technologies have?: The company employs 128 workers across the globe.
How can I contact Otonomo Technologies?: The official website for the company is www.otonomo.io. The company can be reached via phone at 972-52-432-9955.

This page (NASDAQ:OTMO) was last updated on 6/10/2023 by MarketBeat.com Staff

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