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Innovid NYSE:CTV Stock Report

Last Price

US$1.62

Market Cap

US$253.9m

7D

-10.5%

1Y

22.7%

Updated

20 Nov, 2024

Data

Company Financials +

Innovid Corp.

NYSE:CTV Stock Report

Market Cap: US$253.9m

CTV Stock Overview

Operates an independent software platform that provides ad serving, measurement, and creative services. More details

CTV fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 84.3% below our estimate of its fair value

Earnings are forecast to grow 118.33% per year

Earnings have grown 4.9% per year over the past 5 years

Analysts in good agreement that stock price will rise by 69.8%

Risk Analysis

Shareholders have been diluted in the past year


Innovid Corp. Competitors

Entravision Communications

NYSE:EVC

US$212.4m

Xuhang Holdings

NasdaqCM:SUNH

US$273.6m

Perion Network

NasdaqGS:PERI

US$403.3m

Eva Live

OTCPK:GOAI

US$215.3m

Price History & Performance

Summary of all time highs, changes and price drops for Innovid
Historical stock prices
Current Share PriceUS$1.62
52 Week HighUS$2.58
52 Week LowUS$1.25
Beta3.09
11 Month Change-11.48%
3 Month Change-5.81%
1 Year Change22.73%
33 Year Change-83.44%
5 Year Changen/a
Change since IPO-83.80%

Recent News & Updates

Recent updates

Innovid: Expect Strong Growth And Margin Expansion To Drive Shares Higher

Oct 07

Innovid: Positive Growth Outlook With GAAP EBIT Margin At Positive Inflection Point

Jul 16

The Price Is Right For Innovid Corp. (NYSE:CTV)

Jun 19
The Price Is Right For Innovid Corp. (NYSE:CTV)

Investors Appear Satisfied With Innovid Corp.'s (NYSE:CTV) Prospects As Shares Rocket 31%

Mar 14
Investors Appear Satisfied With Innovid Corp.'s (NYSE:CTV) Prospects As Shares Rocket 31%

Health Check: How Prudently Does Innovid (NYSE:CTV) Use Debt?

Feb 24
Health Check: How Prudently Does Innovid (NYSE:CTV) Use Debt?

Some Shareholders Feeling Restless Over Innovid Corp.'s (NYSE:CTV) P/S Ratio

Jan 18
Some Shareholders Feeling Restless Over Innovid Corp.'s (NYSE:CTV) P/S Ratio

Innovid: A TV Measurement Disruption Play

Oct 11

Is Innovid Corp. (NYSE:CTV) Worth US$1.2 Based On Its Intrinsic Value?

Aug 19
Is Innovid Corp. (NYSE:CTV) Worth US$1.2 Based On Its Intrinsic Value?

Innovid Corp. (NYSE:CTV) Stock's 41% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Apr 17
Innovid Corp. (NYSE:CTV) Stock's 41% Dive Might Signal An Opportunity But It Requires Some Scrutiny

What Does The Future Hold For Innovid Corp. (NYSE:CTV)? These Analysts Have Been Cutting Their Estimates

Mar 01
What Does The Future Hold For Innovid Corp. (NYSE:CTV)? These Analysts Have Been Cutting Their Estimates

Innovid beats Q4 top and bottom line estimates; initiates Q1 and FY23 outlook

Feb 24

Innovid names Ken Markus as COO

Feb 09

Ad-tech company, Innovid to lay off 10% of workforce

Jan 24

Innovid GAAP EPS of -$0.09, revenue of $34.5M; initiates Q4 and FY22 guidance

Nov 11

Innovid Corp. Beat Analyst Profit Forecasts, And Analysts Have New Estimates

Aug 13
Innovid Corp. Beat Analyst Profit Forecasts, And Analysts Have New Estimates

Innovid GAAP EPS of $0.03, revenue of $33.08M

Aug 10

Innovid: A Compelling CTV Stock

Jun 10

Shareholder Returns

CTVUS MediaUS Market
7D-10.5%-2.7%-1.0%
1Y22.7%9.3%30.3%

Return vs Industry: CTV exceeded the US Media industry which returned 7.7% over the past year.

Return vs Market: CTV underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is CTV's price volatile compared to industry and market?
CTV volatility
CTV Average Weekly Movement7.5%
Media Industry Average Movement7.4%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: CTV has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CTV's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007466Zvika Netterwww.innovid.com

Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. It offers advertising 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. The company serves consumer packaged goods, pharmaceutical and healthcare, retail, financial services, and automotive and technology industries; third party agencies; and publishers in the United States, Canada, Europe, the Middle East, Africa, Latin America, and the Asia Pacific.

Innovid Corp. Fundamentals Summary

How do Innovid's earnings and revenue compare to its market cap?
CTV fundamental statistics
Market capUS$253.89m
Earnings (TTM)-US$13.77m
Revenue (TTM)US$151.56m

1.6x

P/S Ratio

-17.5x

P/E Ratio

Is CTV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CTV income statement (TTM)
RevenueUS$151.56m
Cost of RevenueUS$35.27m
Gross ProfitUS$116.29m
Other ExpensesUS$130.06m
Earnings-US$13.77m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.093
Gross Margin76.73%
Net Profit Margin-9.09%
Debt/Equity Ratio0%

How did CTV perform over the long term?

See historical performance and comparison