InnovidCTV
Market Cap: $233M
About: Innovid Corp is a software platform that provides ad serving, measurement and optimization creative 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 is engaged in ad serving, measurement and creative services. It operates in U.S., Canada, EMEA, APAC and LATAM, out of which it derives maximum revenue from U.S.
Employees: 466
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
14% more funds holding
Funds holding: 65 [Q1] → 74 (+9) [Q2]
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
17% less capital invested
Capital invested by funds: $96.4M [Q1] → $80.1M (-$16.3M) [Q2]
163.64% less ownership
Funds ownership: 193.66% [Q1] → 30.02% (-163.64%) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Needham Laura Martin 50% 1-year accuracy 71 / 141 met price target | 89%upside $3 | Buy Reiterated | 6 Aug 2024 |
Morgan Stanley Brian Nowak 64% 1-year accuracy 18 / 28 met price target | 57%upside $2.50 | Equal-Weight Maintained | 23 Jul 2024 |
Needham Laura Martin 50% 1-year accuracy 71 / 141 met price target | 89%upside $3 | Buy Reiterated | 12 Jul 2024 |