NASDAQ:OTMO

Otonomo Technologies - OTMO Stock Forecast, Price & News

$0.30

+0.01 (+3.45%)

(As of 10/5/2022 12:00 AM ET)

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Today's Range: $0.29
▼
$0.31
50-Day Range: $0.28
▼
$0.72
52-Week Range: $0.27
▼
$5.96

Volume: 191,845 shs
Average Volume: 189,864 shs
Market Capitalization: $39.90 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.00

Otonomo Technologies MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 566.7% Upside
$2.00 Price Target
Short Interest: Healthy
0.51% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.47) to ($0.54) Per Share

Overall MarketRank^™

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

1.98 out of 5 stars

Business Services Sector

238th out of 331 stocks

Prepackaged Software Industry

158th out of 225 stocks

3.3

Analyst's Opinion

Consensus Rating
Otonomo Technologies has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.00, Otonomo Technologies has a forecasted upside of 566.7% from its current price of $0.30.
Amount of Analyst Coverage
Otonomo Technologies has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.51% 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 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Otonomo Technologies has recently increased by 14.70%, indicating that investor sentiment is decreasing 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 0.58 average news sentiment score of Business Services companies.
Social Mentions This Week
MarketBeat has tracked 24 reddit mentions for Otonomo Technologies this week, compared to 46 mentions on an average week.

0.8

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 Institutions
44.36% of the stock of Otonomo Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Otonomo Technologies are expected to decrease in the coming year, from ($0.47) to ($0.54) per share.
Price to Book Value per Share Ratio
Otonomo Technologies has a P/B Ratio of 0.16. 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

September 21, 2022 | finance.yahoo.com

Otonomo to Participate at UBS Future of Electric Mobility Virtual Conference

September 20, 2022 | finance.yahoo.com

The Floow Announces Next-Generation Connected Insurance Technology that Brings Together Smartphone and Connected Vehicle Data

September 13, 2022 | finance.yahoo.com

Otonomo Joins Salesforce in Dreamforce Panel Session on Powering New Revenue Streams Through Connected Vehicle Data

September 12, 2022 | finance.yahoo.com

Otonomo CEO and Co-founder Ben Volkow to Discuss How Big Data Will be the Catalyst for the Mobility Economy at ITS World Congress in Los Angeles

August 31, 2022 | finance.yahoo.com

Otonomo to Present at Evercore ISI Technology Conference in NYC

August 30, 2022 | finance.yahoo.com

The Floow Expands North American Team to Support Rapid Business Growth

August 26, 2022 | finance.yahoo.com

Otonomo Announces Receipt of Nasdaq Non-Compliance Letter

August 18, 2022 | markets.businessinsider.com

Needham Maintains Buy Rating for Otonomo Technologies: Here's What You Need To Know

August 17, 2022 | seekingalpha.com

Otonomo Technologies Ltd's (OTMO) CEO Ben Volkow on Q2 2022 Results - Earnings Call Transcript

August 17, 2022 | finance.yahoo.com

Otonomo Reports Second Quarter 2022 Financial Results

August 16, 2022 | finance.yahoo.com

Geograma Selects Otonomo to Help Advance Road Safety in Spain

August 3, 2022 | finance.yahoo.com

Rekor Systems Enables Safer Roads and Drivers Using Connected Vehicle Telematics Data Available Through the Otonomo Platform

July 26, 2022 | finance.yahoo.com

Otonomo to Present at J.P. Morgan Automotive Conference in NYC

July 20, 2022 | finance.yahoo.com

Otonomo Unveils Powerful New Fleet Mobility Capabilities Update on Salesforce AppExchange, the World's Leading Enterprise Cloud Marketplace

July 19, 2022 | finance.yahoo.com

Otonomo to Announce Second Quarter 2022 Financial Results on Aug. 17

July 15, 2022 | uk.finance.yahoo.com

Otonomo Technologies Ltd. (OTMO)

July 15, 2022 | finance.yahoo.com

What Kind Of Shareholders Hold The Majority In Otonomo Technologies Ltd.'s (NASDAQ:OTMO) Shares?

July 2, 2022 | investing.com

Otonomo Technologies Ltd (OTMO)

June 21, 2022 | finance.yahoo.com

Otonomo’s Connected OEM Data Enables Electric Car Subscription Company to Accelerate Growth and Create New Revenue Streams

June 21, 2022 | finance.yahoo.com

Otonomo Debuts Key New Fleet Functionality in Smart Mobility Data Platform

June 15, 2022 | finance.yahoo.com

Otonomo Introduces Mobility Intelligence Solutions to Advance Electric Vehicle Adoption, Mobility as a Service and Urban Planning

June 15, 2022 | finance.yahoo.com

Otonomo and Xouba Make Roads Safer Using Connected Vehicle Data

June 7, 2022 | finance.yahoo.com

Otonomo Welcomes Meir Moshe to its Board of Directors

June 2, 2022 | finance.yahoo.com

Otonomo to Host Solution Showcase for Investors June 22, 2022

June 2, 2022 | finance.yahoo.com

Otonomo to Participate in Virtual Investor Conferences in June

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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OTMO Company Calendar

Today: 10/06/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

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: 310-991-4982
Fax: N/A
Employees: 128
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.00
High Stock Price Forecast: $2.50
Low Stock Price Forecast: $1.50
Forecasted Upside/Downside: +566.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 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: 8.81
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $1.72 million
Price / Sales: 23.20
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.88 per share
Price / Book: 0.16

Miscellaneous

Outstanding Shares: 133,010,000
Free Float: N/A
Market Cap: $39.90 million
Optionable: Not Optionable
Beta: 1.78

Key Executives

Mr. Ben Volkow (Age 48)
Co-Founder, CEO & Chairman

Ms. Bonnie Moav (Age 44)
Chief Financial Officer

Mr. Amit Hammer (Age 45)
Exec. VP of Operations

Ms. Maya Nassie Neeman
Gen. Counsel

Mr. Doron Simon (Age 56)
Exec. VP of Corp. Devel. & Strategy

Mr. Frederick A. Kohout
Chief Marketing Officer

Ms. Hagit Tenne-Pereg
Exec. VP of HR

Mr. Anders Truelsen (Age 50)
Chief Revenue Officer

Shlomi Oren
Exec. VP of Engineering

Mr. Matan Tessler (Age 40)
Exec. VP of Product

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OTMO Stock - Frequently Asked Questions

Should I buy or sell Otonomo Technologies stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Otonomo Technologies in the last twelve months. There are currently 1 hold rating and 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 2022?: 3 Wall Street research analysts have issued twelve-month price objectives for Otonomo Technologies' shares. Their OTMO share price forecasts range from $1.50 to $2.50. On average, they predict the company's share price to reach $2.00 in the next year. This suggests a possible upside of 566.7% 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 2022?: Otonomo Technologies' stock was trading at $4.09 at the start of the year. Since then, OTMO shares have decreased by 92.7% and is now trading at $0.30.
View the best growth stocks for 2022 here.
What is Otonomo Technologies' stock symbol?: Otonomo Technologies trades on the NASDAQ under the ticker symbol "OTMO."

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 $0.30.
How much money does Otonomo Technologies make?: Otonomo Technologies (NASDAQ:OTMO) has a market capitalization of $39.90 million and generates $1.72 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 310-991-4982.

This page (NASDAQ:OTMO) was last updated on 10/6/2022 by MarketBeat.com Staff

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Otonomo Technologies - OTMO Stock Forecast, Price & News

Otonomo Technologies MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month