Brokerages Set Teads Holding Co. (NASDAQ:TEAD) Price Target at $3.13

Shares of Teads Holding Co. (NASDAQ:TEAD) have earned a consensus rating of “Hold” from the five analysts that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $3.1333.

Several research firms have issued reports on TEAD. Citizens Jmp reiterated a “market perform” rating on shares of Teads in a research note on Friday, November 7th. JMP Securities cut their price target on shares of Teads from $10.00 to $5.00 and set a “market outperform” rating for the company in a report on Friday, August 8th. Wall Street Zen lowered shares of Teads from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Teads in a report on Monday. Finally, Needham & Company LLC cut their target price on shares of Teads from $3.50 to $1.00 and set a “buy” rating for the company in a research note on Friday, November 7th.

Teads Stock Down 0.1%

Shares of TEAD opened at $0.62 on Tuesday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.16. The business’s 50-day simple moving average is $1.21. The company has a market capitalization of $59.03 million, a PE ratio of -0.58 and a beta of 1.31. Teads has a 12 month low of $0.59 and a 12 month high of $7.87.

Teads (NASDAQ:TEAD) last issued its earnings results on Thursday, November 6th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.02). The company had revenue of $318.77 million during the quarter. Teads had a negative return on equity of 8.59% and a negative net margin of 7.53%.

Teads Company Profile

Outbrain Inc, together with its subsidiaries, operates an online content recommendation platform worldwide. It offers Outbrain Engage, a product suite for media partners that provides personalized feeds and data-driven recommendations, as well as a solution to maximize user engagement. The company’s Outbrain Engage solution also includes a web-based dashboard to manage and control various aspects of the platform, including content, formats, sources, frequency, and categories of ads delivered on their properties, as well as monetizes the content through customized data-driven advertising.