Criteo (CRTO)

• Market cap: $2.08B
• 1 day: 0.53%
• 5 days: 2.73%
• 1 month: -10.92%
• 3 months: -12.58%
• 6 months: -4.61%
• Year to date: -4.20%
• 1 year: 55.64%
• 5 years: 168.76%
• 10 years: -9.53%
• 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

100% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 19

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: $2.04B [Q2] → $2.1B (+$56.9M) [Q3]

3.76% less ownership

Funds ownership: 97.98% [Q2] → 94.22% (-3.76%) [Q3]

Research analyst outlook

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

• Low target: $36 4% downside
• Avg. target: $51 35% upside
• High target: $63 67% upside

4 analyst ratings

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

Wells Fargo Alec Brondolo 75% 1-year accuracy 6 / 8 met price target	67% upside $63	Overweight Maintained	16 Jan 2025
Benchmark Mark Zgutowicz 70% 1-year accuracy 40 / 57 met price target	35% upside $51	Buy Reiterated	19 Nov 2024
Susquehanna Shyam Patil 70% 1-year accuracy 40 / 57 met price target	4% downside $36	Neutral Maintained	31 Oct 2024
DA Davidson Tom White 58% 1-year accuracy 14 / 24 met price target	41% upside $53	Buy Maintained	31 Oct 2024