Wall Street Zen upgraded shares of Teads (NASDAQ:TEAD – Free Report) from a sell rating to a hold rating in a report issued on Saturday morning.
A number of other equities analysts also recently issued reports on the company. Needham & Company LLC restated a “buy” rating and issued a $1.00 price target on shares of Teads in a research note on Monday, December 22nd. Weiss Ratings restated a “sell (d)” rating on shares of Teads in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Teads presently has a consensus rating of “Hold” and an average target price of $3.13.
Check Out Our Latest Report on Teads
Teads Stock Performance
Teads (NASDAQ:TEAD – Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. The firm had revenue of $352.24 million for the quarter. Teads had a negative return on equity of 7.82% and a negative net margin of 39.76%.
Hedge Funds Weigh In On Teads
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Value Base Ltd. purchased a new position in Teads during the fourth quarter valued at $4,049,000. Geode Capital Management LLC purchased a new position in Teads during the fourth quarter valued at $602,000. State Street Corp purchased a new position in Teads during the fourth quarter valued at $483,000. Bridgeway Capital Management LLC purchased a new position in Teads during the fourth quarter valued at $335,000. Finally, Empowered Funds LLC purchased a new position in Teads during the fourth quarter valued at $212,000. 60.44% of the stock is currently owned by hedge funds and other institutional investors.
About Teads
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.
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