NYSE:CTV Innovid (CTV) Stock Forecast, Price & News $1.17 -0.07 (-5.65%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$1.14▼$1.2450-Day Range$1.05▼$1.3852-Week Range$0.75▼$3.74Volume251,992 shsAverage Volume440,557 shsMarket Capitalization$162.98 millionP/E RatioN/ADividend YieldN/APrice Target$3.35 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Innovid MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside186.3% Upside$3.35 Price TargetShort InterestHealthy1.75% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$181,300 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.22) to ($0.03) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.42 out of 5 starsComputer And Technology Sector290th out of 582 stocksPrepackaged Software Industry85th out of 203 stocks 3.3 Analyst's Opinion Consensus RatingInnovid 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/DownsideAccording to analysts' consensus price target of $3.35, Innovid has a forecasted upside of 186.3% from its current price of $1.17.Amount of Analyst CoverageInnovid has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.75% of the float of Innovid has been sold short.Short Interest Ratio / Days to CoverInnovid has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Innovid has recently decreased by 20.31%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldInnovid does not currently pay a dividend.Dividend GrowthInnovid does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CTV. Previous Next 1.8 News and Social Media Coverage News SentimentInnovid has a news sentiment score of 0.21. 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 0.60 average news sentiment score of Computer and Technology companies.Search Interest2 people have searched for CTV on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Innovid insiders have bought more of their company's stock than they have sold. Specifically, they have bought $181,300.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 9.90% of the stock of Innovid is held by insiders.Percentage Held by Institutions52.29% of the stock of Innovid is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Innovid are expected to grow in the coming year, from ($0.22) to ($0.03) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Innovid is -3.66, 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. SectorThe P/E ratio of Innovid is -3.66, 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 RatioInnovid has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Innovid (NYSE:CTV) StockInnovid 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.Read More CTV Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CTV Stock News HeadlinesSeptember 10, 2023 | msn.comWhat Are the Most Promising Penny Stocks to Buy Now? 3 Top Picks.August 31, 2023 | msn.comMagnite Campaign for Texas Travel Wins Advanced Advertising Award for Best Target Market DefinitionSeptember 26, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.August 30, 2023 | finance.yahoo.comInnovid Names Sarah Ripmaster as SVP, Strategic AccountsAugust 17, 2023 | benzinga.comInnovid Chief Executive Officer Trades Company's StockAugust 10, 2023 | finance.yahoo.comIs Innovid Corp. (NYSE:CTV) Worth US$1.1 Based On Its Intrinsic Value?August 9, 2023 | markets.businessinsider.comJMP Securities Sticks to Its Buy Rating for Innovid (CTV)August 8, 2023 | markets.businessinsider.comInnovid Slips To Loss In Q2, Misses Estimates; Lifts FY23 OutlookSeptember 26, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.August 8, 2023 | finance.yahoo.comInnovid Corp. (CTV) Reports Q2 Loss, Tops Revenue EstimatesAugust 8, 2023 | finance.yahoo.comInnovid Reports Q2 2023 Financial ResultsJuly 28, 2023 | finance.yahoo.comInnovid to Present at Canaccord Genuity's 43rd Annual Growth Stock ConferenceJuly 27, 2023 | finance.yahoo.comInnovid Launches Cookieless Cross-Device Solution to Increase Accuracy of Conversion RatesJuly 20, 2023 | finance.yahoo.comInnovid Appoints Software Ops Veteran Jeff Austin as Senior Vice President of Revenue OperationsJuly 19, 2023 | finance.yahoo.comInnovid to Release Second Quarter 2023 Financial Results on August 8thJuly 19, 2023 | finance.yahoo.comInvestors in Innovid (NYSE:CTV) have unfortunately lost 51% over the last yearJuly 5, 2023 | finance.yahoo.comInnovid Regains Compliance with NYSE Continued Listing StandardsJune 29, 2023 | msn.comCTV Accounts for Half of Global Retail Video ImpressionsJune 28, 2023 | finance.yahoo.comCTV Accounts for Half of Global Video Impression Share for Retail AdvertisersJune 15, 2023 | msn.comInnovid In Deal With Upwave To Optimize CTV AdvertisingJune 15, 2023 | finance.yahoo.comInnovid Partners With Upwave to Optimize CTV Advertising to Brand OutcomesJune 9, 2023 | msn.comJMP Securities Reiterates Innovid (CTV) Market Outperform RecommendationJune 9, 2023 | msn.comThe Latest Analyst Ratings for InnovidJune 6, 2023 | msn.comAuto Advertisers Shifting To Connected TV, Innovid SaysJune 5, 2023 | finance.yahoo.comInnovid to Participate in ROTH MKM Virtual AdTech SummitMay 26, 2023 | finance.yahoo.comPleasing Signs As A Number Of Insiders Buy Innovid StockMay 26, 2023 | finance.yahoo.comInnovid's David Helmreich Acquires 17% More StockSee More Headlines Receive CTV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Innovid and its competitors with MarketBeat's FREE daily newsletter. Email Address CTV Company Calendar Last Earnings8/08/2023Today9/26/2023Next Earnings (Estimated)11/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:CTV CUSIPN/A CIK1835378 Webwww.ion-am.com Phone212-966-7555FaxN/AEmployees531Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.35 High Stock Price Forecast$5.00 Low Stock Price Forecast$1.40 Forecasted Upside/Downside+179.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.32) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-18,410,000.00 Net Margins-32.12% Pretax Margin-27.33% Return on Equity-14.09% Return on Assets-11.13% Debt Debt-to-Equity Ratio0.11 Current Ratio4.09 Quick Ratio4.09 Sales & Book Value Annual Sales$133.20 million Price / Sales1.26 Cash FlowN/A Price / Cash FlowN/A Book Value$1.54 per share Price / Book0.78Miscellaneous Outstanding Shares139,303,000Free Float125,512,000Market Cap$167.16 million OptionableNot Optionable Beta2.94 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesProf. Zvika Netter (Age 50)Co-Founder, CEO & Chair of the Board Comp: $749.87kMr. Tal Chalozin (Age 41)Co-Founder Comp: $400.09kMs. Tanya Andreev-Kaspin (Age 45)Chief Financial Officer Comp: $575.13kMr. Ken Markus (Age 48)Chief Operating Officer Mr. Yuval Pemper (Age 52)Chief Technology Officer John T. WilliamsHead of Investor RelationsStephen CookGen. CounselMr. Tim BrazEVP of Global SalesMs. Liel GolanSr. VP of HRMr. Arik ShaharSr. VP of Identity & MeasurementMore ExecutivesKey CompetitorsCangoNYSE:CANGMiX TelematicsNYSE:MIXTeGainNASDAQ:EGANUpland SoftwareNASDAQ:UPLD2UNASDAQ:TWOUView All CompetitorsInsiders & InstitutionsDavid HelmreichBought 20,000 shares on 8/18/2023Total: $22,800.00 ($1.14/share)Zvika NetterBought 50,000 shares on 8/15/2023Total: $54,500.00 ($1.09/share)Whetstone Capital Advisors LLCBought 2,779,658 shares on 8/15/2023Ownership: 2.599%Goldman Sachs Group Inc.Sold 3,761,205 shares on 8/15/2023Ownership: 1.859%Gilad ShanyBought 45,000 shares on 8/15/2023Total: $49,500.00 ($1.10/share)View All Insider TransactionsView All Institutional Transactions CTV Stock - 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 forecast for 2023? 3 analysts have issued twelve-month price targets for Innovid's stock. Their CTV share price forecasts range from $1.40 to $5.00. On average, they predict the company's stock price to reach $3.35 in the next year. This suggests a possible upside of 179.2% 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 beginning of the year. Since then, CTV shares have decreased by 29.8% and is now trading at $1.20. View the best growth stocks for 2023 here. Are investors shorting Innovid? Innovid saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,530,000 shares, a decline of 20.3% from the August 15th total of 1,920,000 shares. Based on an average daily trading volume, of 529,800 shares, the days-to-cover ratio is presently 2.9 days. Approximately 1.8% of the company's 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, November 10th 2023. View our CTV earnings forecast. How were Innovid's earnings last quarter? Innovid Corp. (NYSE:CTV) posted its quarterly earnings results on Tuesday, August, 8th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.01. The firm earned $34.55 million during the quarter, compared to the consensus estimate of $32.90 million. Innovid had a negative trailing twelve-month return on equity of 14.09% and a negative net margin of 32.12%. What guidance has Innovid issued on next quarter's earnings? Innovid updated its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $33.00 million-$35.00 million, compared to the consensus revenue estimate of $32.80 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 many different retail and institutional investors. Top institutional shareholders include Whetstone Capital Advisors LLC (2.60%), Royce & Associates LP (2.03%), Goldman Sachs Group Inc. (1.86%), Renaissance Technologies LLC (0.61%), Geode Capital Management LLC (0.53%) and State Street Corp (0.19%). Insiders that own company stock include 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. What is Innovid's stock price today? One share of CTV stock can currently be purchased for approximately $1.20. How much money does Innovid make? Innovid (NYSE:CTV) has a market capitalization of $167.16 million and generates $133.20 million in revenue each year. The company earns $-18,410,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. How many employees does Innovid have? The company employs 531 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 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Innovid Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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