Innovid (CTV) to Release Earnings on Tuesday

Innovid (NYSE:CTV) is expected to be posting its quarterly earnings results before the market opens on Tuesday, February 25th. Analysts expect Innovid to post earnings of $0.01 per share for the quarter.

Innovid Price Performance

Innovid stock opened at $3.14 on Tuesday. The stock has a market cap of $466.20 million, a PE ratio of -34.89 and a beta of 3.25. The stock’s fifty day moving average is $3.09 and its two-hundred day moving average is $2.37. Innovid has a 1-year low of $1.43 and a 1-year high of $3.40.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Needham & Company LLC restated a “hold” rating and set a $3.00 target price on shares of Innovid in a research note on Friday, November 22nd. Citizens Jmp downgraded shares of Innovid from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 21st. Finally, JMP Securities downgraded shares of Innovid from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 21st. Four research analysts have rated the stock with a hold rating, According to MarketBeat, Innovid currently has an average rating of “Hold” and a consensus price target of $2.83.

About Innovid

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.