NYSE:CTV

Innovid - CTV Stock Forecast, Price & News

$1.51

+0.12 (+8.63%)

(As of 03/21/2023 12:00 AM ET)

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Today's Range: $1.35
▼
$1.53
50-Day Range: $1.28
▼
$2.51
52-Week Range: $1.05
▼
$6.37

Volume: 120,642 shs
Average Volume: 252,975 shs
Market Capitalization: $205.78 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.80

Institutional Ownership

Innovid MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 151.7% Upside
$3.80 Price Target
Short Interest: Healthy
3.02% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.65
Based on 5 Articles This Week
Insider Trading: Selling Shares
$133,340 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.09) to ($0.04) Per Share

Overall MarketRank^™

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

2.19 out of 5 stars

Computer And Technology Sector

316th out of 601 stocks

Prepackaged Software Industry

112th out of 213 stocks

3.3

Analyst's Opinion

Consensus Rating
Innovid 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 $3.80, Innovid has a forecasted upside of 151.7% from its current price of $1.51.
Amount of Analyst Coverage
Innovid has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.02% of the float of Innovid has been sold short.
Short Interest Ratio / Days to Cover
Innovid has a short interest ratio ("days to cover") of 8.1.
Change versus previous month
Short interest in Innovid has recently decreased by 0.50%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Innovid does not currently pay a dividend.
Dividend Growth
Innovid 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 CTV.

2.6

News and Social Media Coverage

News Sentiment
Innovid has a news sentiment score of 0.65. 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 0.38 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Innovid this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Innovid insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $133,340.00 in company stock.
Percentage Held by Insiders
Only 8.70% of the stock of Innovid is held by insiders.
Percentage Held by Institutions
52.36% of the stock of Innovid 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 Innovid are expected to grow in the coming year, from ($0.09) to ($0.04) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Innovid is -10.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Innovid is -10.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Innovid has a P/B Ratio of 0.98. 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 Innovid (NYSE:CTV) Stock

Innovid Corp. operates an independent software platform that provides ad serving and creative services. The company offers advertising services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV, and desktop TV environments to advertisers, publishers, and media agencies. It also provides creative management; advertising measurement; identity resolution; and publisher solutions. The company serves consumer packaged goods, pharmaceutical and healthcare, financial services, and automotive and technology industries; third party agencies; and publishers in the United States, Canada, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. Innovid Corp. was incorporated in 2007 and is headquartered in New York, New York.

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CTV Stock News Headlines

March 21, 2023 | finance.yahoo.com

Innovid Brings Data-Driven Personalization to Walmart's Demand-Side Platform's CTV Advertising Capabilities

March 19, 2023 | americanbankingnews.com

Innovid (NYSE:CTV) Rating Reiterated by JMP Securities

March 21, 2023 | Investing Daily (Ad)

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March 18, 2023 | benzinga.com

RapidDeploy Welcomes Go-to-Market Visionary and Software Veteran Jo Kinsella to Its Board of Directors

March 17, 2023 | markets.businessinsider.com

Innovid (CTV) Receives a Buy from JMP Securities

March 2, 2023 | finance.yahoo.com

Innovid to Present at Upcoming Investor Conferences

February 26, 2023 | seekingalpha.com

Innovid Corp. (CTV) Q4 2022 Earnings Call Transcript

February 24, 2023 | msn.com

Innovid Corp. (CTV) Reports Q4 Loss, Misses Revenue Estimates

March 21, 2023 | Investing Daily (Ad)

Check Out This 6-Year Win Streak

February 24, 2023 | finance.yahoo.com

Innovid Reports Q4 and Fiscal Year 2022 Financial Results

February 24, 2023 | markets.businessinsider.com

Innovid Corp. Q4 Loss decreases, but misses estimates

February 23, 2023 | msn.com

Earnings Preview For Innovid

February 9, 2023 | finance.yahoo.com

Innovid Names Ken Markus Chief Operating Officer

February 8, 2023 | finance.yahoo.com

Innovid & Ascendant Network Research Spotlights How Advertisers are Adapting Video Mix, Media, & Creative Strategies for Converged TV

February 2, 2023 | finance.yahoo.com

Innovid to Release Fourth Quarter and Full Year 2022 Financial Results

January 19, 2023 | msn.com

PadSquad Working With Innovid On Interactive CTV Advertising

January 12, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Innovid (CTV) and TrueCar (TRUE)

January 4, 2023 | finance.yahoo.com

Innovid to Present in Upcoming Investor Conferences

December 19, 2022 | finance.yahoo.com

Innovid Appoints David Helmreich as Global Chief Commercial Officer

December 6, 2022 | msn.com

Innovid Adds Linear Ad Occurrence Data From Kinetiq to Innovid XP Platform

December 6, 2022 | finance.yahoo.com

Innovid Bolsters Cross-Platform TV Dataset with Kinetiq Integration

November 17, 2022 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Cisco Systems (CSCO) and Innovid (CTV)

November 14, 2022 | finance.yahoo.com

NEW STUDY: 92% of Surveyed Advertisers Say Gaining a Unified View of Converged TV is Important

November 11, 2022 | msn.com

Innovid Reports Third Quarter Loss of $11.8 Million

November 11, 2022 | markets.businessinsider.com

JMP Securities Keeps Their Buy Rating on Innovid (CTV)

November 11, 2022 | seekingalpha.com

Innovid Corp. (CTV) Q3 2022 Earnings Call Transcript

November 11, 2022 | nasdaq.com

Innovid Trims FY22 Revenue Outlook - Update

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CTV Company Calendar

Today: 3/21/2023
Next Earnings (Estimated): 5/05/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:CTV
CUSIP: N/A
CIK: 1835378
Web: www.ion-am.com
Phone: 212-966-7555
Fax: N/A
Employees: 396
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.80
High Stock Price Forecast: $5.00
Low Stock Price Forecast: $2.20
Forecasted Upside/Downside: +151.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.15)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-18,410,000.00
Net Margins: -14.48%
Pretax Margin: -12.90%
Return on Equity: -7.22%
Return on Assets: -5.79%

Debt

Debt-to-Equity Ratio: 0.10
Current Ratio: 4.43
Quick Ratio: 4.43

Sales & Book Value

Annual Sales: $127.12 million
Price / Sales: 1.62
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.54 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 136,281,000
Free Float: 124,425,000
Market Cap: $205.78 million
Optionable: Not Optionable
Beta: 3.36

Key Executives

Prof. Zvika Netter (Age 50)
Co-Founder, CEO & Director
Comp: $3.59M

Mr. Tal Chalozin (Age 42)
Co-Founder & CTO
Comp: $2.53M

Ms. Tanya Andreev-Kaspin (Age 46)
Chief Financial Officer
Comp: $1.27M

Stephen Cook
Gen. Counsel

Ms. Stephanie Geno
Chief Marketing Officer

Mr. Tim Braz
Sr. VP of Global Sales

Ms. Liel Golan
Sr. VP of HR

Mr. Yuval Pemper (Age 52)
Chief Engineering Officer

Mr. Ken Markus
Chief Client Officer

Mr. Arik Shahar
Sr. VP of Identity & Measurement

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CTV Stock - Frequently Asked Questions

Should I buy or sell Innovid stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Innovid 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" CTV shares.
View CTV analyst ratings or view top-rated stocks.
What is Innovid's stock price forecast for 2023?: 3 brokerages have issued 12-month price objectives for Innovid's stock. Their CTV share price forecasts range from $2.20 to $5.00. On average, they predict the company's share price to reach $3.80 in the next year. This suggests a possible upside of 151.7% from the stock's current price.
View analysts price targets for CTV or view top-rated stocks among Wall Street analysts.
How have CTV shares performed in 2023?: Innovid's stock was trading at $1.71 on January 1st, 2023. Since then, CTV stock has decreased by 11.7% and is now trading at $1.51.
View the best growth stocks for 2023 here.
Are investors shorting Innovid?: Innovid saw a decrease in short interest during the month of February. As of February 15th, there was short interest totaling 1,990,000 shares, a decrease of 9.1% from the January 31st total of 2,190,000 shares. Based on an average daily volume of 223,700 shares, the short-interest ratio is presently 8.9 days. Approximately 3.1% of the shares of the stock are short sold.
View Innovid's Short Interest.
When is Innovid's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our CTV earnings forecast.
What ETF holds Innovid's stock ?: Fidelity MSCI Communication Services Index ETF holds 41,840 shares of CTV stock, representing 0.02% of its portfolio.

What guidance has Innovid issued on next quarter's earnings?: Innovid issued an update on its first quarter 2023 earnings guidance on Friday, February, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $27.00 million-$29.00 million, compared to the consensus revenue estimate of $29.85 million.
What is Innovid's stock symbol?: Innovid trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTV."
Who are Innovid's major shareholders?: Innovid's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (0.98%), Charles Schwab Investment Management Inc. (0.16%), UBS Group AG (0.12%), International Assets Investment Management LLC (0.07%), Morgan Stanley (0.06%) and Bank of America Corp DE (0.05%). Insiders that own company stock include Tal Chalozin, Tanya Andreev-Kaspin and Zvika Netter.
View institutional ownership trends.
How do I buy shares of Innovid?: Shares of CTV 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 Innovid's stock price today?: One share of CTV stock can currently be purchased for approximately $1.51.
How much money does Innovid make?: Innovid (NYSE:CTV) has a market capitalization of $205.78 million and generates $127.12 million in revenue each year. The company earns $-18,410,000.00 in net income (profit) each year or ($0.15) on an earnings per share basis.
How many employees does Innovid have?: The company employs 396 workers across the globe.
How can I contact Innovid?: Innovid's mailing address is 89 MEDINAT HAYEHUDIM STREET, HERZLIYA L3, 4676672. The official website for the company is www.ion-am.com. The company can be reached via phone at 212-966-7555 or via email at investors@innovid.com.

This page (NYSE:CTV) was last updated on 3/21/2023 by MarketBeat.com Staff

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Innovid - CTV Stock Forecast, Price & News

Innovid MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Innovid (NYSE:CTV) Stock

CTV Stock News Headlines

CTV Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CTV Stock - Frequently Asked Questions

Overall MarketRank^™