Innovid Corp. – Consensus Indicates Potential 81.5% Upside

Broker Ratings
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Innovid Corp. found using ticker (CTV) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 6 and 2.7 calculating the mean target price we have 4.92. Given that the stocks previous close was at 2.71 this now indicates there is a potential upside of 81.5%. The day 50 moving average is 3.05 and the 200 moving average now moves to 4.34. The company has a market capitalisation of $359m. Company Website: https://www.innovid.com

The potential market cap would be $652m based on the market concensus.

Innovid Corp. operates an independent software platform that provides ad serving and creative services. The company 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. It also provides creative management; advertising measurement; identity resolution; and publisher solutions. The company serves consumer packaged goods, pharmaceutical and healthcare, financial services, and automotive and technology industries; third party agencies; and publishers in the United States, Canada, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. Innovid Corp. was incorporated in 2007 and is headquartered in New York, New York.

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