Brightcove Inc. provides cloud-based services for video. Its flagship product includes Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices. The company also offers Brightcove Live, a solution for live streaming; Brightcove Beacon, an application that enables companies to launch over-the-top video experiences on mobile, web, and smart and connected TVs; Brightcove Player, a video player technology with a cloud-based service for creating and managing video player experiences; and Zencoder, a cloud-based video encoding service. In addition, it provides video solutions, such as Video Marketing Suite, a suite of video technologies to drive awareness, engagement, and conversion; Enterprise Video Suite, an enterprise-class platform for internal communications, employee training, live streaming, marketing, and e-commerce videos; and Virtual Events Experience, a platform to create customized, live, and virtual experiences. Further, it offers professional, support, and training services. The company serves media, sports, and entertainment companies, broadcasters, publishers, fashion and hospitality brands and corporations, faith-based institutions, retail and e-commerce platforms, and hi-tech organizations; and governments, educational institutions, and non-profit organizations through direct sales, referral and channel partners, and resellers in North America, Europe, Japan, the Asia Pacific, and internationally, as well as sells its products online. The company was formerly known as Video Marketplace, Inc. and changed its name to Brightcove Inc. in March 2005. Brightcove Inc. was incorporated in 2004 and is headquartered in Boston, Massachusetts.
IPO Year: 2012
Exchange: NASDAQ
Website: brightcove.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/5/2024 | $3.50 | Hold → Buy | Lake Street |
| 7/31/2023 | Hold → Buy | Lake Street | |
| 2/13/2023 | $8.00 → $10.00 | Neutral → Buy | Rosenblatt |
| 9/9/2022 | $8.00 | Neutral | Rosenblatt |
| 2/17/2022 | $14.00 → $9.00 | Buy → Hold | Lake Street |
| 10/28/2021 | $23.00 | Outperform → Market Perform | Northland Capital |
| 10/28/2021 | Outperform → Market Perform | Northland Capital Markets |
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Lake Street upgraded Brightcove from Hold to Buy and set a new price target of $3.50
Lake Street upgraded Brightcove from Hold to Buy
Rosenblatt upgraded Brightcove from Neutral to Buy and set a new price target of $10.00 from $8.00 previously
Rosenblatt initiated coverage of Brightcove with a rating of Neutral and set a new price target of $8.00
Lake Street downgraded Brightcove from Buy to Hold and set a new price target of $9.00 from $14.00 previously
Northland Capital downgraded Brightcove from Outperform to Market Perform and set a new price target of $23.00
Northland Capital Markets downgraded Brightcove from Outperform to Market Perform
Northland Securities resumed coverage of Brightcove with a rating of Buy
Lake Street Capital reiterated coverage of Brightcove with a rating of Buy and set a new price target of $27.00 from $20.00 previously
B. Riley Securities resumed coverage of Brightcove with a rating of Buy and set a new price target of $22.00
Bending Spoons, the Italy-based technology company, completed its previously announced acquisition of US-based streaming technology company Brightcove Inc. (NASDAQ:BCOV) for $4.45 per share (or approximately $233 million), in an all-cash transaction. The definitive acquisition agreement was entered into in November 2024. Luca Ferrari, the Bending Spoons CEO and co-founder, today said of the acquisition: "It's with great pleasure, and a deep sense of responsibility, that we can now welcome Brightcove into the Bending Spoons portfolio of leading digital businesses. We look forward to learning from the current Brightcove team, and are confident that the expertise we've accumulated and the pr
The new AI-driven solution empowers creators and marketers to increase productivity, create more impactful content, and extend global reach with minimal effort Brightcove (NASDAQ:BCOV), the world's most trusted intelligent video engagement platform company, announces the launch of its AI Content Suite, the company's first official general availability release following a successful customer pilot program in 2024. This innovative suite introduces a range of AI-powered tools to increase the impact of video content while also improving business productivity, making it a seamless and easy experience for content creators to get more from their content and drive greater engagement across their
The respected certification differentiates Brightcove and its award-winning intelligent video engagement platform, ensuring top-tier security for its global customers Brightcove (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced it has earned the ISO/IEC 27001 certification. This internationally recognized standard confirms Brightcove's dedication to maintaining the highest level of information security management for the company and its global customers across various sectors, including media, enterprise, tech, retail, financial services, and hospitality. The ISO/IEC 27001 certification further advances Brightcove's strict approach to data security. E
Brightcove is helping customers build and deploy comprehensive martech stacks for advanced video management through seamless partner integrations Brightcove (NASDAQ:BCOV), the world's most trusted streaming technology company, is sharing significant enhancements to its platform through strategic partnerships to enhance the video content creation, distribution and monetization process. As part of the goal to help customers build more cohesive, easy-to-deploy martech stacks, Brightcove has integrated capabilities from companies like Acquia that deliver additional benefits to customers. "As we build strategic partnerships with key providers, we continually look at ways to help our customer
Brightcove Stockholders to Receive $4.45 Per Share in Cash Bending Spoons enters the enterprise SaaS market and will draw on its technology expertise to further strengthen Brightcove and bring its cutting-edge platform to new heights Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced that it has entered into a definitive agreement to be acquired by Bending Spoons, in an all-cash transaction valued at approximately $233 million. Under the terms of the agreement, Brightcove shareholders will receive $4.45 per share in cash for each share of Brightcove common stock that they own. The per share purchase price represents a 90% premium over B
The new solution empowers global sales teams to create personalized videos while centralized teams manage brand quality and optimize content with unified insights Brightcove (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced the launch of Brightcove Marketing Studio for Sales, a new solution that empowers global sales teams to create and deploy personalized video content with ease, maximizing the impact of video on customer engagement and sales. This centrally managed video engagement platform gives companies control over brand and quality standards while providing unified measurement and insights across content and touchpoints. It empowers sales teams t
New capabilities round out Brightcove's comprehensive Audience Insights solution, helping marketers better understand the results of their video investment and its impact on their engagement strategy Brightcove (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced the launch of Marketing Insights, a new offering within the company's video insights and analytics platform. Marketing Insights provides advanced insights and robust video campaign measurement data so marketers can optimize their content marketing strategies by directly measuring the business impact of video content. "Video continues to be one of the most powerful ways to engage audiences, yet mea
Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced financial results for the third quarter ended September 30, 2024. "We delivered strong third quarter results, highlighted by revenue and profitability meaningfully above the high end of our guidance ranges, and a return to double digit adjusted EBITDA margins. We also continued to strengthen our long-term business with record average revenue per customer and long-term backlog. With our year-to-date performance and our outlook for the fourth quarter we are raising the high-end of our full year guidance range on both the top and bottom line," said Marc DeBevoise, Brightcove's Chief Executive
Announcing new AI-Text-to-Video pilot and expansion of AI-Metadata Optimizer pilot to include automated thumbnail creation and auto-chaptering The customer-focused approach has reached its AI pilot capacity with more than 50 participating customers Brightcove (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced it will expand its recently launched Brightcove AI Suite with a new AI-Text-to-Video pilot in Q1 2025 and will soon add additional capabilities to its AI-Metadata Optimizer solution with AI-automated thumbnail creation and video chaptering. The Brightcove AI Suite is a multifaceted solution set, shaping the future of video and engagement by helping
Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced it will report its third quarter fiscal year 2024 results for the period ended September 30, 2024, after the U.S. financial markets close on November 4, 2024. In conjunction with this announcement, Brightcove earnings will be streamed on November 4, 2024, at 5:00 p.m. (Eastern Time), where CEO Marc DeBevoise and CFO John Wagner will discuss the Company's financial results and current business outlook. To access the live stream, visit the "Investors" page of the Company's website, http://investor.brightcove.com. Once the live stream concludes, an on-demand recording will be available on Bri
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Industry veterans Kathy Klingler and Jim Norton join as CMO and CRO, David Beck elevated to newly created COO role in Executive Team build-out Brightcove (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced two additions and a newly formed role to its executive leadership team. Kathy Klingler has been appointed Chief Marketing Officer (CMO), and Jim Norton as Chief Revenue Officer (CRO), effective January 8, 2024. Additionally, Brightcove's current Chief Strategy and Corporate Development Officer, David Beck, is taking on an expanded role as Chief Operating Officer (COO). "With the addition of Kathy and Jim and the evolution of David's role, our world-cl
Former Salesforce Employee Success Leader and Head of HR at CBSi Joins Brightcove to Lead Human Resources Brightcove Inc. (NASDAQ:BCOV), the trusted leader in streaming technology, has appointed Trisha Stiles as Chief People Officer (CPO). Stiles will assume responsibilities on Aug. 29, leading human resource strategy, including talent and performance management, spearheading diversity, equity, and inclusion initiatives, developing competitive people practices, and reinforcing the company's strategic direction and business growth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220726005414/en/Trisha Stiles, CPO Brightcove (Photo
Former Oracle Global Sales Executive Joins Brightcove to Further Sales and Customer Success Brightcove Inc. (NASDAQ:BCOV), a trusted leader in streaming technology, today announced Dan Freund will join the company as its Chief Revenue Officer (CRO) on August 1, 2022. In this role, Freund will be responsible for all aspects of Brightcove's revenue performance, including managing its global sales and customer success organizations and executing its go-to-market strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220720005312/en/DAN FREUND BRIGHTCOVE CRO (Photo: Business Wire) Freund will report directly to Brightcove's Chief
Newly Created Role Focused on Identifying and Accelerating Strategic Growth Opportunities, Including Organic Initiatives, Acquisitions, and Partnerships Globally Brightcove Inc. (NASDAQ:BCOV), the leading intelligent video streaming, monetization, and communications platform, today announced a key executive hire. David Beck will join Brightcove as its first Chief Strategy and Corporate Development Officer, leading strategy, business development, and corporate development for the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220601005373/en/David Beck, Brightcove (Photo: Business Wire) Working closely with recently appo
Current board member Diane Hessan appointed as new Chairman Brightcove Inc. (NASDAQ:BCOV), the leading intelligent video streaming, monetization, and communications platform, today announced that Deborah Besemer, the Chairman of Brightcove's board of directors, and a board member since 2008, will retire from the board at the end of her current term at the Company's 2022 Annual Meeting. The Company has appointed Diane Hessan, who has served as a Brightcove board member since 2017, as its new Chairman, effective as of the Annual Meeting. "It has been a privilege to serve as a member of Brightcove's board for the past 14 years and help the company grow from a small start-up to the global lea
Brightcove Stockholders to Receive $4.45 Per Share in Cash Bending Spoons enters the enterprise SaaS market and will draw on its technology expertise to further strengthen Brightcove and bring its cutting-edge platform to new heights Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced that it has entered into a definitive agreement to be acquired by Bending Spoons, in an all-cash transaction valued at approximately $233 million. Under the terms of the agreement, Brightcove shareholders will receive $4.45 per share in cash for each share of Brightcove common stock that they own. The per share purchase price represents a 90% premium over B
Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced financial results for the third quarter ended September 30, 2024. "We delivered strong third quarter results, highlighted by revenue and profitability meaningfully above the high end of our guidance ranges, and a return to double digit adjusted EBITDA margins. We also continued to strengthen our long-term business with record average revenue per customer and long-term backlog. With our year-to-date performance and our outlook for the fourth quarter we are raising the high-end of our full year guidance range on both the top and bottom line," said Marc DeBevoise, Brightcove's Chief Executive
Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced it will report its third quarter fiscal year 2024 results for the period ended September 30, 2024, after the U.S. financial markets close on November 4, 2024. In conjunction with this announcement, Brightcove earnings will be streamed on November 4, 2024, at 5:00 p.m. (Eastern Time), where CEO Marc DeBevoise and CFO John Wagner will discuss the Company's financial results and current business outlook. To access the live stream, visit the "Investors" page of the Company's website, http://investor.brightcove.com. Once the live stream concludes, an on-demand recording will be available on Bri
Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced financial results for the second quarter ended June 30, 2024. "We are pleased to have exceeded expectations and the high-end of our guidance range on both Revenue and Adjusted EBITDA, while generating meaningful cash flow. We are delivering on our commitments to grow EBITDA substantially and generate significant free cash flow this year, all while investing in our key strategic priorities that we expect will return the business to consistent revenue growth," said Marc DeBevoise, Brightcove's Chief Executive Officer. Second Quarter 2024 Financial Highlights: Revenue for the second qua
Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced it will report its second quarter fiscal year 2024 results for the period ended June 30, 2024, after the U.S. financial markets close on August 7, 2024. In conjunction with this announcement, Brightcove earnings will be streamed on August 7, 2024, at 5:00 p.m. (Eastern Time), where CEO Marc DeBevoise and CFO John Wagner will discuss the Company's financial results and current business outlook. To access the live stream, visit the "Investors" page of the Company's website, http://investor.brightcove.com. Once the live stream concludes, an on-demand recording will be available on Brightcove
Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced it will report its first quarter fiscal year 2024 results for the period ended March 31, 2024, after the U.S. financial markets close on May 8, 2024. In conjunction with this announcement, Brightcove earnings will be streamed on May 8, 2024, at 5:00 p.m. (Eastern Time), where CEO Marc DeBevoise and CFO John Wagner will discuss the Company's financial results and current business outlook. To access the live stream, visit the "Investors" page of the Company's website, http://investor.brightcove.com. Once the live stream concludes, an on-demand recording will be available on Brightcove's Inv
Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced financial results for the fourth quarter and fiscal year ended December 31, 2023. "Our fourth quarter results were highlighted by a return to top-line growth, substantial adjusted EBITDA growth, our second consecutive quarter of double-digit adjusted EBITDA margins, and positive free cash flow. This was a successful conclusion to an important transformational year. We have made significant strides in delivering new customers, growing average customer revenue, strengthening our products, and developing an effective go-to-market model that appeals to both media and enterprise customers," sa
Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced it will report its fourth quarter and fiscal year 2023 results for the period ended December 31, 2023, after the U.S. financial markets close on February 22, 2024. In conjunction with this announcement, Brightcove earnings will be streamed on February 22, 2024, at 5:00 p.m. (Eastern Time), where CEO Marc DeBevoise and CFO Rob Noreck will discuss the Company's financial results and current business outlook. To access the live stream, visit the "Investors" page of the Company's website, http://investor.brightcove.com. Once the live stream concludes, an on-demand recording will be available
Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced financial results for the third quarter ended September 30, 2023. "Our third quarter results were highlighted by double-digit adjusted EBITDA growth and margins, as well as revenue and profitability that were at or above the high end of our guidance ranges. Our continued strength in new business in both our Enterprise and Media end-markets, including important new customer wins, demonstrates the success of our strategy and the long-term opportunity we see. Our focus in the coming quarters is to build upon this success, our market-leading position in streaming, and deliver improved year-ov
Brightcove Inc. (NASDAQ:BCOV), the world's most trusted streaming technology company, today announced it will report its third quarter fiscal year 2023 results for the period ended September 30, 2023, after the U.S. financial markets close on November 1, 2023. In conjunction with this announcement, Brightcove earnings will be streamed on November 1, 2023, at 5:00 p.m. (Eastern Time), where CEO Marc DeBevoise and CFO Rob Noreck will discuss the Company's financial results and current business outlook. To access the live stream, visit the "Investors" page of the Company's website, http://investor.brightcove.com. Once the live stream concludes, an on-demand recording will be available on Bri