Should I buy or sell Innovid stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innovid in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTV shares. View CTV analyst ratings or view top-rated stocks .

What is Innovid's stock price target for 2024?

3 Wall Street research analysts have issued 12-month price objectives for Innovid's stock. Their CTV share price targets range from $1.50 to $5.00. On average, they expect the company's stock price to reach $2.92 in the next year. This suggests a possible upside of 88.2% 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 at the start of the year. Since then, CTV shares have decreased by 9.4% and is now trading at $1.55. View the best growth stocks for 2023 here .

Are investors shorting Innovid?

Innovid saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 1,020,000 shares, an increase of 8.2% from the October 15th total of 942,500 shares. Based on an average daily volume of 176,900 shares, the short-interest ratio is currently 5.8 days. Approximately 1.2% of the shares of the stock are sold short. 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, February 23rd 2024. View our CTV earnings forecast .

How were Innovid's earnings last quarter?

Innovid Corp. (NYSE:CTV) issued its quarterly earnings results on Wednesday, November, 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.01. The business had revenue of $36.23 million for the quarter. Innovid had a negative net margin of 24.96% and a negative trailing twelve-month return on equity of 9.70%.

What guidance has Innovid issued on next quarter's earnings?

Innovid updated its third quarter 2023 earnings guidance on Monday, October, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $36.00 million-$36.00 million, compared to the consensus revenue estimate of $33.90 million.

Who are Innovid's major shareholders?

Innovid's stock is owned by a number of institutional and retail investors. Top institutional investors include Ameriprise Financial Inc. (3.26%), Harel Insurance Investments & Financial Services Ltd. (1.74%), GSA Capital Partners LLP (0.30%), Bamco Inc. NY (0.16%), Connor Clark & Lunn Investment Management Ltd. (0.15%) and Acadian Asset Management LLC (0.14%). Insiders that own company stock include Anthony Callini, David Helmreich, Gilad Shany, 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 .

Innovid Stock Price, News & Analysis (NYSE:CTV)

$1.55

+0.03 (+1.97%)

(As of 12/7/2023 ET)

Compare

Today's Range: $1.53
▼
$1.63
50-Day Range: $0.97
▼
$1.74
52-Week Range: $0.75
▼
$2.73

Volume: 580,506 shs
Average Volume: 385,127 shs
Market Capitalization: $217.87 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.92

Innovid MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 88.2% Upside
$2.92 Price Target
Short Interest: Bearish
1.15% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.17
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$89,588 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.10) to ($0.03) Per Share

Overall MarketRank^™

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

2.07 out of 5 stars

Communication Services Sector

16th out of 38 stocks

Advertising Agencies Industry

7th out of 13 stocks

3.3

Analyst's Opinion

Consensus Rating
Innovid has received a consensus rating of Moderate 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 $2.92, Innovid has a forecasted upside of 88.2% from its current price of $1.55.
Amount of Analyst Coverage
Innovid has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.15% 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 5.8.
Change versus previous month

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.

2.9

News and Social Media Coverage

News Sentiment
Innovid has a news sentiment score of 0.17. 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 lower news sentiment than the 0.36 average news sentiment score of Communication Services companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Innovid this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for CTV on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Innovid to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Innovid insiders have bought more of their company's stock than they have sold. Specifically, they have bought $89,588.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 9.90% of the stock of Innovid is held by insiders.
Percentage Held by Institutions
52.29% of the stock of Innovid 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 Innovid are expected to grow in the coming year, from ($0.10) to ($0.03) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Innovid is -6.20, 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 -6.20, 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 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Innovid Stock (NYSE:CTV)

Innovid Corp. operates an independent software platform that provides ad serving, measurement, 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.

CTV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CTV Stock News Headlines

December 7, 2023 | finance.yahoo.com

Innovid Corp.'s (NYSE:CTV) largest shareholders are individual investors with 39% ownership, institutions own 23%

December 6, 2023 | businesswire.com

Publishers Clearing House Media Appoints Chief Revenue Officer

December 8, 2023 | Edge On The Street (Ad)

The Battery Metal Nobody Told You About

According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."

December 5, 2023 | americanbankingnews.com

Contrasting Innovid (NYSE:CTV) & INEO Tech (OTC:INEOF)

December 3, 2023 | americanbankingnews.com

Innovid (NYSE:CTV) Price Target Raised to $2.25

December 1, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: T Mobile US (TMUS) and Innovid (CTV)

November 29, 2023 | tmcnet.com

Pixability Adds Two Key Executives as it Expands its Solutions for YouTube & CTV

November 28, 2023 | yahoo.com

Attention Metrics Are a Distraction — and They’re Broken for CTV, Too (B+C Guest Blog)

December 8, 2023 | Edge On The Street (Ad)

The Battery Metal Nobody Told You About

November 27, 2023 | msn.com

Attention Metrics Are a Distraction (and They’re Broken for CTV, Too)

November 12, 2023 | finance.yahoo.com

When Will Innovid Corp. (NYSE:CTV) Turn A Profit?

November 11, 2023 | finance.yahoo.com

Innovid Corp. (NYSE:CTV) Q3 2023 Earnings Call Transcript

November 10, 2023 | benzinga.com

Innovid Stock (NYSE:CTV), Analyst Ratings, Price Targets, Predictions

November 8, 2023 | finanznachrichten.de

Innovid LLC: Innovid Reports Q3 2023 Financial Results

November 8, 2023 | markets.businessinsider.com

Innovid Corp. Q3 Loss decreases, but misses estimates

November 8, 2023 | seekingalpha.com

Innovid GAAP EPS of -$0.02 misses by $0.01, revenue of $36.2M beats by $0.73M

November 8, 2023 | finance.yahoo.com

Innovid Reports Q3 2023 Financial Results

November 2, 2023 | finance.yahoo.com

Innovid Names Alex Rowe as Senior Vice President of Enterprise Sales

October 18, 2023 | msn.com

Needham Maintains Innovid (CTV) Buy Recommendation

October 17, 2023 | markets.businessinsider.com

Analysts’ Top Technology Picks: Xometry (XMTR), Innovid (CTV)

October 16, 2023 | markets.businessinsider.com

Innovid CFO Resigns, Anthony Callini Named Replacement; Q3 Prel. Revenue At $36 Mln

October 16, 2023 | finance.yahoo.com

Innovid Appoints New CFO and Announces Preliminary Unaudited Q3 2023 Revenue Exceeding Guidance

October 12, 2023 | finance.yahoo.com

Innovid to Host Investor Day in New York on Nov. 30, 2023

October 11, 2023 | msn.com

Innovid: A TV Measurement Disruption Play

October 10, 2023 | finance.yahoo.com

Innovid Launches Instant Optimization to Maximize Converged TV Campaign Performance Automatically

September 27, 2023 | msn.com

Only 40% Of Advertisers Say They’re ‘Very Good’ At Optimizing Converged TV

September 27, 2023 | finance.yahoo.com

Majority of Advertisers Spend More than Half of Their Time Optimizing Converged TV Ad Performance & Still Fall Short

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 12/07/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Advertising Agencies
Sub-Industry: N/A
Sector: Communication Services
Current Symbol: NYSE:CTV
CUSIP: N/A
CIK: 1835378
Web: www.ion-am.com
Phone: 212-966-7555
Fax: N/A
Employees: 531
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.92
High Stock Price Target: $5.00
Low Stock Price Target: $1.50
Potential Upside/Downside: +88.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.25)
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: -24.96%
Pretax Margin: -21.81%
Return on Equity: -9.70%
Return on Assets: -7.63%

Debt

Debt-to-Equity Ratio: 0.10
Current Ratio: 4.37
Quick Ratio: 4.37

Sales & Book Value

Annual Sales: $134.96 million
Price / Sales: 1.61
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.54 per share
Price / Book: 1.01

Miscellaneous

Outstanding Shares: 140,564,000
Free Float: 126,648,000
Market Cap: $217.87 million
Optionable: Not Optionable
Beta: 3.31

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Key Executives

Prof. Zvika Netter (Age 50)
Co-Founder, CEO & Chair of the Board
Comp: $749.87k
Mr. Tal Chalozin (Age 41)
Co-Founder
Comp: $400.09k
Ms. Tanya Andreev-Kaspin (Age 45)
Executive Officer
Comp: $575.13k
Mr. Anthony Callini (Age 51)
Chief Financial Officer
Mr. Ken Markus (Age 48)
Chief Operating Officer
Mr. Yuval Pemper (Age 52)
Chief Technology Officer
John T. Williams
Head of Investor Relations
Stephen Cook
General Counsel
Mr. Tim Braz
Executive Vice President of Global Sales
Ms. Liel Golan
Senior Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CTV Stock Analysis - Frequently Asked Questions

Should I buy or sell Innovid stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innovid in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTV shares.
View CTV analyst ratings or view top-rated stocks.
What is Innovid's stock price target for 2024?: 3 Wall Street research analysts have issued 12-month price objectives for Innovid's stock. Their CTV share price targets range from $1.50 to $5.00. On average, they expect the company's stock price to reach $2.92 in the next year. This suggests a possible upside of 88.2% 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 at the start of the year. Since then, CTV shares have decreased by 9.4% and is now trading at $1.55.
View the best growth stocks for 2023 here.
Are investors shorting Innovid?: Innovid saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 1,020,000 shares, an increase of 8.2% from the October 15th total of 942,500 shares. Based on an average daily volume of 176,900 shares, the short-interest ratio is currently 5.8 days. Approximately 1.2% of the shares of the stock are sold short.
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, February 23rd 2024.
View our CTV earnings forecast.

How were Innovid's earnings last quarter?: Innovid Corp. (NYSE:CTV) issued its quarterly earnings results on Wednesday, November, 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.01. The business had revenue of $36.23 million for the quarter. Innovid had a negative net margin of 24.96% and a negative trailing twelve-month return on equity of 9.70%.
What guidance has Innovid issued on next quarter's earnings?: Innovid updated its third quarter 2023 earnings guidance on Monday, October, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $36.00 million-$36.00 million, compared to the consensus revenue estimate of $33.90 million.
Who are Innovid's major shareholders?: Innovid's stock is owned by a number of institutional and retail investors. Top institutional investors include Ameriprise Financial Inc. (3.26%), Harel Insurance Investments & Financial Services Ltd. (1.74%), GSA Capital Partners LLP (0.30%), Bamco Inc. NY (0.16%), Connor Clark & Lunn Investment Management Ltd. (0.15%) and Acadian Asset Management LLC (0.14%). Insiders that own company stock include Anthony Callini, David Helmreich, Gilad Shany, 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.

This page (NYSE:CTV) was last updated on 12/8/2023 by MarketBeat.com Staff

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