BCOV Stock Overview
Brightcove Inc. provides cloud-based services for video.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$6.90|
|52 Week High||US$14.80|
|52 Week Low||US$6.34|
|1 Month Change||0.88%|
|3 Month Change||-9.33%|
|1 Year Change||-52.15%|
|3 Year Change||-33.20%|
|5 Year Change||11.29%|
|Change since IPO||-51.75%|
Recent News & Updates
Brightcove: Operating In A Tough Spot
Since peaking in early 2021, Brightcove's share price has plummeted almost 70% from its all-time high. After enjoying a massive tailwind in 2020, the video software company is now in a tough spot as the pandemic wanes and competition increases significantly. The company financials are deteriorating very quickly with revenue, gross profit, and important KPIs such as ARPU all turning south. It is now trading at a significant discount compared to its peers but I believe the company is a sell as fundamentals and financials are very weak at the moment.
|BCOV||US IT||US Market|
Return vs Industry: BCOV underperformed the US IT industry which returned -32.2% over the past year.
Return vs Market: BCOV underperformed the US Market which returned -18.5% over the past year.
|BCOV Average Weekly Movement||6.8%|
|IT Industry Average Movement||10.1%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: BCOV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BCOV's weekly volatility (7%) has been stable over the past year.
About the Company
Brightcove Inc. provides cloud-based services for video. Its flagship product includes Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices. The company also offers Brightcove Live, a solution for live streaming; Brightcove Beacon, an application that enables companies to launch over-the-top video experiences on multiple monetization models; Brightcove Player, a video player technology with a cloud-based service for creating and managing experiences; and Zencoder, a cloud-based video encoding technology.
Brightcove Fundamentals Summary
|BCOV fundamental statistics|
Is BCOV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BCOV income statement (TTM)|
|Cost of Revenue||US$72.84m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.033|
|Net Profit Margin||-0.65%|
How did BCOV perform over the long term?See historical performance and comparison
Is BCOV undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BCOV?
Other financial metrics that can be useful for relative valuation.
|What is BCOV's n/a Ratio?|
Price to Sales Ratio vs Peers
How does BCOV's PS Ratio compare to its peers?
|BCOV PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
Price-To-Sales vs Peers: BCOV is good value based on its Price-To-Sales Ratio (1.4x) compared to the peer average (1.7x).
Price to Earnings Ratio vs Industry
How does BCOV's PE Ratio compare vs other companies in the U.S. IT Industry?
Price-To-Sales vs Industry: BCOV is good value based on its Price-To-Sales Ratio (1.4x) compared to the US IT industry average (2.5x)
Price to Sales Ratio vs Fair Ratio
What is BCOV's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||1.4x|
|Fair PS Ratio||2.1x|
Price-To-Sales vs Fair Ratio: BCOV is good value based on its Price-To-Sales Ratio (1.4x) compared to the estimated Fair Price-To-Sales Ratio (2.1x).
Share Price vs Fair Value
What is the Fair Price of BCOV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BCOV ($6.9) is trading above our estimate of fair value ($6.33)
Significantly Below Fair Value: BCOV is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BCOV's PEG Ratio to determine if it is good value.
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How is Brightcove forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BCOV is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BCOV is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BCOV is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: BCOV's revenue (3.7% per year) is forecast to grow slower than the US market (8.4% per year).
High Growth Revenue: BCOV's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BCOV's Return on Equity is forecast to be high in 3 years time
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How has Brightcove performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCOV is currently unprofitable.
Growing Profit Margin: BCOV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BCOV is unprofitable, but has reduced losses over the past 5 years at a rate of 33.4% per year.
Accelerating Growth: Unable to compare BCOV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BCOV is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (21.4%).
Return on Equity
High ROE: BCOV has a negative Return on Equity (-1.37%), as it is currently unprofitable.
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How is Brightcove's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: BCOV's short term assets ($82.6M) do not cover its short term liabilities ($103.9M).
Long Term Liabilities: BCOV's short term assets ($82.6M) exceed its long term liabilities ($22.9M).
Debt to Equity History and Analysis
Debt Level: BCOV is debt free.
Reducing Debt: BCOV has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BCOV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BCOV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25% per year.
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What is Brightcove current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BCOV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BCOV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BCOV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BCOV's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as BCOV has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marc DeBevoise (44 yo)
Mr. Marc DeBevoise has been the Chief Executive Officer and Board Director of Brightcove Inc. since March 28, 2022. He serves as Vice Chairman and President at Argus Capital Corp. since September 24, 2021....
Experienced Management: BCOV's management team is considered experienced (2.3 years average tenure).
Experienced Board: BCOV's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3%.
Brightcove Inc.'s employee growth, exchange listings and data sources
- Name: Brightcove Inc.
- Ticker: BCOV
- Exchange: NasdaqGS
- Founded: 2004
- Industry: Internet Services and Infrastructure
- Sector: Software
- Implied Market Cap: US$286.709m
- Shares outstanding: 41.55m
- Website: https://www.brightcove.com
Number of Employees
- Brightcove Inc.
- 290 Congress Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.