Innovid Corp (CTV) stock price forecast predicts $2.5 value

A share price of Innovid Corp [CTV] is currently trading at $3.05, saw in change for the day. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CTV shares have gain 81.55% over the last week, with a monthly amount glided 54.82%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Innovid Corp [NYSE: CTV] stock has seen the most recent analyst activity on November 21, 2024, when JMP Securities downgraded its rating to a Mkt Perform. Previously, Morgan Stanley started tracking the stock with Underweight rating on September 13, 2022, and set its price target to $2.70.

Innovid Corp experienced fluctuations in its stock price throughout the past year between $1.25 and $3.05. Currently, Wall Street analysts expect the stock to reach $2.5 within the next 12 months. Innovid Corp [NYSE: CTV] shares were valued at $3.05 at the most recent close of the market. An investor can expect a potential drop of -18.03% based on the average CTV price forecast.

Analyzing the CTV fundamentals

Trailing Twelve Months sales for Innovid Corp [NYSE:CTV] were 151.56M which represents 5.57% growth. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.1 and Total Capital is -0.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.04 points at the first support level, and at 3.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.06, and for the 2nd resistance point, it is at 3.06.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Innovid Corp [NYSE:CTV] is 3.52. Further, the Quick Ratio stands at 3.52, while the Cash Ratio is 1.46. Considering the valuation of this stock, the price to sales ratio is 3.03, the price to book ratio is 2.26.

Transactions by insiders

Recent insider trading involved Callini Anthony, Officer, that happened on Oct 21 ’24 when 45000.0 shares were purchased. Officer, Markus Kenneth completed a deal on Oct 17 ’24 to buy 7700.0 shares. Meanwhile, Officer Callini Anthony bought 7500.0 shares on Oct 17 ’24.

Related Posts