Outbrain (OB)

• Market cap: $327M
• 1 day: -0.30%
• 5 days: 2.17%
• 1 month: -10.70%
• 3 months: 45.47%
• 6 months: 39.03%
• Year to date: -6.13%
• 1 year: 65.16%
• 5 years: -67.05%
• 10 years: -67.05%
• Sector: Information Technology
• Industry: Computer Programming, Data Processing, Etc.

About: Outbrain Inc is a platform powering the open web that matches audiences with personalized content and ads, driving quality engagement. Its platform delivers ads to end-users that appear as links to articles, products, and videos on media partners' sites. It derives revenue from advertisers through user engagement with the ads that it places on media partners' web pages and mobile applications. The company has its geographic presence in Europe, the Middle East, and Africa followed by the USA and others.

Employees: 942

Fund manager confidence

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

507% more call options, than puts

Call options by funds: $85K | Put options by funds: $14K

171% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 7

29% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 24

12% more funds holding

Funds holding: 90 [Q2] → 101 (+11) [Q3]

1.44% more ownership

Funds ownership: 30.36% [Q2] → 31.8% (+1.44%) [Q3]

3% more capital invested

Capital invested by funds: $73.8M [Q2] → $76M (+$2.19M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

Research analyst outlook

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

• Low target: $7.80 18% upside
• Avg. target: $8.40 27% upside
• High target: $9 37% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Needham Laura Martin 74% 1-year accuracy 246 / 334 met price target	37% upside $9	Buy Reiterated	21 Jan 2025
Citigroup Ygal Arounian 62% 1-year accuracy 13 / 21 met price target	18% upside $7.80	Neutral Maintained	3 Jan 2025