Needham & Company LLC Forecasts Strong Price Appreciation for Teads (NASDAQ:TEAD) Stock

Teads (NASDAQ:TEAD) had its price objective upped by stock analysts at Needham & Company LLC from $1.00 to $1.40 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC’s target price would suggest a potential upside of 18.64% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Weiss Ratings raised shares of Teads from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, May 26th. Zacks Research downgraded Teads from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. Finally, Wall Street Zen raised Teads from a “strong sell” rating to a “sell” rating in a research note on Saturday. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Teads presently has a consensus rating of “Hold” and a consensus target price of $3.27.

Teads Price Performance

Shares of Teads stock opened at $1.18 on Wednesday. The stock has a market cap of $114.45 million, a P/E ratio of -0.23 and a beta of 1.60. The company has a debt-to-equity ratio of 12.06, a quick ratio of 1.04 and a current ratio of 1.04. The stock’s fifty day moving average is $0.92 and its 200 day moving average is $0.78. Teads has a one year low of $0.53 and a one year high of $3.13.

Teads (NASDAQ:TEAD) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($0.38) EPS for the quarter. The company had revenue of $265.98 million during the quarter. Teads had a negative return on equity of 17.58% and a negative net margin of 39.14%.

Insider Activity at Teads

In other news, insider Mary Spilman acquired 105,000 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was purchased at an average price of $0.99 per share, for a total transaction of $103,950.00. Following the completion of the transaction, the insider directly owned 1,505,000 shares in the company, valued at approximately $1,489,950. This trade represents a 7.50% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders have bought 151,500 shares of company stock worth $157,125. 11.99% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Teads

Institutional investors have recently added to or reduced their stakes in the company. CastleKnight Management LP purchased a new position in Teads during the 4th quarter valued at approximately $25,000. Verition Fund Management LLC purchased a new stake in shares of Teads during the 4th quarter worth approximately $25,000. Wells Fargo & Company MN bought a new position in shares of Teads during the 4th quarter valued at approximately $29,000. Hsbc Holdings PLC purchased a new position in shares of Teads in the fourth quarter valued at $35,000. Finally, Dimensional Fund Advisors LP purchased a new position in shares of Teads in the fourth quarter valued at $37,000. Hedge funds and other institutional investors own 60.44% of the company’s stock.

Teads Company Profile

Teads is a global digital media platform specializing in outstream video advertising and high-impact display formats. Founded in 2007 and listed on the Nasdaq under the ticker TEAD, the company connects advertisers, agencies and publishers through a programmatic marketplace designed to maximize brand engagement across desktop, mobile and connected TV. Teads offers proprietary ad formats such as inRead, outstream expansion units and seamless mobile placements that activate only when visible to the user, helping clients optimize viewability and attention metrics without relying on traditional pre-roll or banner placements.

The Teads platform leverages data-driven targeting and machine learning to serve personalized creative in real time.