BrightcoveBCOV
BCOV
About: Brightcove Inc is a provider of cloud-based streaming technology and services. The firm targets its solutions at media companies, broadcasters, digital publishers, sports and entertainment companies, fashion and hospitality brands, faith-based institutions, retail and e-commerce businesses, and technology organizations, as well as government agencies, educational institutions and non-profit organizations. Brightcove Video Cloud is the firm's flagship product, enabling customers to publish and distribute video to Internet-connected devices. Video Cloud generates a portion of the firm's revenue through a subscription-based software-as-a-service model. Other products include Zencoder, a cloud-based video encoding service. It generates a large majority of its revenue in North America and Asia.
Employees: 621
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,720% more call options, than puts
Call options by funds: $91K | Put options by funds: $5K
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
6.8% less ownership
Funds ownership: 75.03% [Q2] → 68.23% (-6.8%) [Q3]
16% less capital invested
Capital invested by funds: $79.3M [Q2] → $66.2M (-$13.1M) [Q3]
21% less funds holding
Funds holding: 95 [Q2] → 75 (-20) [Q3]
27% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 26
69% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 29
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3.50
20%
downside
Avg. target
$3.98
9%
downside
High target
$4.45
2%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Rosenblatt Steve Frankel 72% 1-year accuracy 21 / 29 met price target | 2%upside $4.45 | Neutral Downgraded | 25 Nov 2024 |
Lake Street Eric Martinuzzi 55% 1-year accuracy 11 / 20 met price target | 20%downside $3.50 | Buy Upgraded | 5 Nov 2024 |
Financial journalist opinion
Based on 7 articles about BCOV published over the past 30 days
Neutral
Business Wire
3 days ago
Brightcove Drives Global Customer Growth and Value Through Strategic Partnerships with Leading MarTech Solutions
BOSTON--(BUSINESS WIRE)---- $BCOV #CMS--Brightcove partners with leading tech providers like Acquia to provide comprehensive benefits for its customers to build cohesive martech stacks.
Neutral
Business Wire
3 weeks ago
BRIGHTCOVE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Brightcove Inc. - BCOV
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Brightcove Inc. (NasdaqGS: BCOV) to Bending Spoons. Under the terms of the proposed transaction, shareholders of Brightcove will receive $4.45 in cash for each share of Brightcove that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the c.
Neutral
Accesswire
3 weeks ago
BCOV STOCK ALERT: Halper Sadeh LLC Is Investigating Whether The Sale Of Brightcove Inc. Is Fair To Shareholders
NEW YORK, NY / ACCESSWIRE / November 26, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Brightcove Inc. (NASDAQ:BCOV) to Bending Spoons for $4.45 per share in cash is fair to Brightcove shareholders. Halper Sadeh encourages Brightcove shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Neutral
PRNewsWire
3 weeks ago
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Brightcove Inc. - BCOV
NEW YORK , Nov. 25, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Brightcove Inc. (NASDAQ: BCOV ), relating to the proposed merger with Bending Spoons.
Neutral
Business Wire
3 weeks ago
BCOV Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Brightcove Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Brightcove Inc. (NASDAQ: BCOV) to Bending Spoons for $4.45 per share in cash is fair to Brightcove shareholders. Halper Sadeh encourages Brightcove shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Brightcove and.
Neutral
Business Wire
3 weeks ago
Shareholder Alert: Ademi LLP Investigates Whether Brightcove Inc. is Obtaining a Fair Price for its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Brightcove (NASDAQ: BCOV) for possible breaches of fiduciary duty and other violations of law in its transaction with Bending Spoons. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, the stockholders of Brightcove will receive only $4.45 per share in cash for each share of Brightcove.
Neutral
Business Wire
3 weeks ago
Brightcove Enters into Definitive Agreement to be Acquired by Bending Spoons for $233 Million
BOSTON--(BUSINESS WIRE)--Brightcove Inc. (NASDAQ: BCOV), the world's most trusted streaming technology company, today announced that it has entered into a definitive agreement to be acquired by Bending Spoons, in an all-cash transaction valued at approximately $233 million. Under the terms of the agreement, Brightcove shareholders will receive $4.45 per share in cash for each share of Brightcove common stock that they own. The per share purchase price represents a 90% premium over Brightcove's.
Neutral
Business Wire
1 month ago
Brightcove Launches Marketing Studio for Sales, Putting Video in the Hands of Global Sales Teams to Drive Engagement and Accelerate Business Results
BOSTON--(BUSINESS WIRE)---- $BCOV #Marketing--Brightcove launches Marketing Studio for Sales, a solution designed to empower global sales teams to create and distribute personalized video content.
Neutral
Business Wire
1 month ago
Brightcove Sets a New Standard for Video Marketing Measurement With the Launch of 'Marketing Insights'
BOSTON--(BUSINESS WIRE)---- $BCOV #analytics--Brightcove launches Marketing Insights, a solution to help marketers optimize their content strategies and campaigns with in-depth video insights.
Negative
Seeking Alpha
1 month ago
Brightcove's Q3 Didn't Bring Much Change, The Stock Continues To Be A Hold
Brightcove Inc.'s Q3 2024 earnings show stagnant revenues and profits, with a 2% YoY revenue decline and breakeven operating profitability despite adjusted EBITDA improvements. The company is gaining new customers but not enough to offset churn, with a net retention rate of 93% including add-ons and 80% excluding them. Brightcove's valuation appears low at less than 0.5x sales, but profitability concerns and high OpEx make the stock unattractive without significant revenue growth.
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