Criteo (CRTO)

• Market cap: $2.4B
• 1 day: 0.37%
• 5 days: 2.77%
• 1 month: 13.88%
• 3 months: 3.36%
• 6 months: 20.55%
• Year to date: 76.25%
• 1 year: 75.39%
• 5 years: 153.27%
• 10 years: 8.23%
• Sector: Communication Services
• Industry: Advertising Agencies

About: Criteo SA is an ad-tech company in the digital advertising market. Its technology, allows retailer advertisers to launch multichannel and cross-device marketing campaigns in real time. With real-time return on investment analysis of the ads, the firm's clients can adjust their marketing strategies dynamically. The firm also provides technology allowing retailers to effectively manage their ad inventories and improve yield optimization.

Employees: 3,563

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,182% more call options, than puts

Call options by funds: $104M | Put options by funds: $8.09M

81% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 21

20% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]

17% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 52

11% more funds holding

Funds holding: 157 [Q2] → 174 (+17) [Q3]

3% more capital invested

Capital invested by funds: $2.03B [Q2] → $2.08B (+$53.1M) [Q3]

3.9% less ownership

Funds ownership: 97.52% [Q2] → 93.61% (-3.9%) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $36 17% downside
• Avg. target: $53 21% upside
• High target: $70 61% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Benchmark Mark Zgutowicz 72% 1-year accuracy 41 / 57 met price target	17% upside $51	Buy Reiterated	19 Nov 2024
Susquehanna Shyam Patil 79% 1-year accuracy 45 / 57 met price target	17% downside $36	Neutral Maintained	31 Oct 2024
DA Davidson Tom White 48% 1-year accuracy 11 / 23 met price target	22% upside $53	Buy Maintained	31 Oct 2024
Wells Fargo Alec Brondolo 60% 1-year accuracy 3 / 5 met price target	61% upside $70	Overweight Initiated	28 Oct 2024