CardlyticsCDLX
Market Cap: $171M
About: Cardlytics Inc operates an advertising platform within financial institutions' digital channels, which include online, mobile, email, and various real-time notifications. The company operates through segments namely, Cardlytics platform in the U.S. and U.K., and the Bridg platform. The Cardlytics platform segment which generates key revenue, operates a proprietary native bank advertising channel that enables marketers to reach consumers through their trusted and frequently visited online and mobile banking channels. The Bridg platform generates revenue through the sale of subscriptions to the cloud-based customer-data platform and the delivery of professional services like implementation, onboarding, and technical support. The company receives maximum revenue from the United States.
Employees: 457
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
32% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 38
20% more call options, than puts
Call options by funds: $11.6M | Put options by funds: $9.65M
11% less funds holding in top 10
Funds holding in top 10: 9 [Q1] → 8 (-1) [Q2]
12% less funds holding
Funds holding: 144 [Q1] → 127 (-17) [Q2]
16.7% less ownership
Funds ownership: 85.98% [Q1] → 69.27% (-16.7%) [Q2]
47% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 36
47% less capital invested
Capital invested by funds: $549M [Q1] → $288M (-$260M) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Northland Capital Markets Luke Horton 50% 1-year accuracy 1 / 2 met price target | 46%upside $5 | Market Perform Downgraded | 16 Aug 2024 |
B of A Securities Omar Dessouky 46% 1-year accuracy 6 / 13 met price target | 2%upside $3.50 | Underperform Downgraded | 15 Aug 2024 |
Northland Capital Markets Luke Horton 50% 1-year accuracy 1 / 2 met price target | 104%upside $7 | Outperform Maintained | 8 Aug 2024 |
Lake Street Jacob Stephan 25% 1-year accuracy 2 / 8 met price target | 46%upside $5 | Hold Downgraded | 8 Aug 2024 |
B of A Securities Omar Dessouky 46% 1-year accuracy 6 / 13 met price target | 221%upside $11 | Neutral Reinstated | 20 Jun 2024 |
Financial journalist opinion
Based on 125 articles about CDLX published over the past 30 days