Craig-Hallum Downgrades Momentive Glb to Hold, Announces $9.5 Price Target
$MNTV
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Craig-Hallum analyst Chad Bennett downgrades Momentive Glb (NASDAQ:MNTV) from Buy to Hold and announces $9.5 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/27/2023 | Buy → Hold | Truist | |
| 5/5/2022 | $18.50 | Hold → Buy | Craig Hallum |
| 3/1/2022 | $23.00 → $18.00 | Neutral | Credit Suisse |
| 2/22/2022 | $28.00 → $19.00 | Buy | Needham |
| 2/11/2022 | $28.00 → $23.00 | Neutral | Credit Suisse |
| 10/29/2021 | $26.00 → $28.00 | Buy | Needham |
| 8/5/2021 | $27.00 → $28.00 | Neutral | Credit Suisse |
| 8/5/2021 | $22.00 → $26.00 | Buy | Needham |
Momentive, the maker of SurveyMonkey, today announced the completion of its acquisition by an investor consortium led by Symphony Technology Group (STG) in an all-cash transaction valued at approximately $1.5 billion. The acquisition was previously announced on March 13, 2023, and approved by Momentive shareholders at the Special Meeting of Shareholders on May 31, 2023. Under the terms of the merger agreement, Momentive shareholders will receive $9.46 per share. As a result of the completion of this transaction, Momentive common stock will cease trading and will no longer be listed on the Nasdaq Stock Market. Momentive will operate as a privately held company and remain headquartered in S
Momentive (NASDAQ:MNTV), the maker of SurveyMonkey, today reported first quarter results for the period ended March 31, 2023. Q1 2023 Key Results Total revenue was $118.8 million, an increase of approximately 2% year-over-year. Sales-assisted channel revenue was $46.7 million, an increase of 13% year-over-year. Sales-assisted channel revenue accounted for approximately 39% of total revenue, up from approximately 35% in Q1 2022. We ended the quarter with approximately 13,200 sales-assisted channel customers, down approximately 4% from roughly 13,700 in Q1 2022. Self-serve channel revenue was $72.1 million, a decrease of 5% year-over-year. Deferred revenue was $216.5 million, fl
Momentive (NASDAQ:MNTV), the maker of SurveyMonkey, today announced it will report first quarter financial results for the period ended March 31, 2023 following the close of the market on Thursday, May 4, 2023. In light of the pending acquisition by an investment consortium led by Symphony Technology Group that was announced on March 13, 2023, Momentive will not host a conference call or live webcast to discuss these financial results. About Momentive Momentive (NASDAQ:MNTV), maker of SurveyMonkey, empowers people with the insights they need to make business decisions with speed and confidence. Our fast, intuitive experience and insights management solutions connect millions of users at
Truist downgraded Momentive Global from Buy to Hold
Craig Hallum upgraded Momentive Global from Hold to Buy and set a new price target of $18.50
Credit Suisse reiterated coverage of Momentive Global with a rating of Neutral and set a new price target of $18.00 from $23.00 previously
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Credit Suisse analyst Stephen Ju reiterates Momentive Glb (NASDAQ:MNTV) with a Neutral and maintains $9.46 price target.
Momentive Glb (NASDAQ:MNTV) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:10 PM. Here's what investors need to know about the announcement. Earnings Momentive Glb beat estimated earnings by 60.0%, reporting an EPS of $0.08 versus an estimate of $0.05. Revenue was up $1.81 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.04 which was followed by a 7.52% drop in the share price the next day. Here's a look at Momentive Glb's past performance: Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022 EPS Estimate 0.10 0.04 0.01 -0.02 EPS Actual 0.14 0.04 0 0 Revenue Estimate 121.28M 121.02M 121.39M 116.09M Revenue Actual 12
Momentive Glb (NASDAQ:MNTV) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.05 by 60 percent. The company reported quarterly sales of $118.80 million which missed the analyst consensus estimate of $118.95 million by 0.13 percent. This is a 1.55 percent increase over sales of $116.99 million the same period last year.
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Momentive (NASDAQ:MNTV), the maker of SurveyMonkey, today reported first quarter results for the period ended March 31, 2023. Q1 2023 Key Results Total revenue was $118.8 million, an increase of approximately 2% year-over-year. Sales-assisted channel revenue was $46.7 million, an increase of 13% year-over-year. Sales-assisted channel revenue accounted for approximately 39% of total revenue, up from approximately 35% in Q1 2022. We ended the quarter with approximately 13,200 sales-assisted channel customers, down approximately 4% from roughly 13,700 in Q1 2022. Self-serve channel revenue was $72.1 million, a decrease of 5% year-over-year. Deferred revenue was $216.5 million, fl
Momentive (NASDAQ:MNTV), the maker of SurveyMonkey, today announced it will report first quarter financial results for the period ended March 31, 2023 following the close of the market on Thursday, May 4, 2023. In light of the pending acquisition by an investment consortium led by Symphony Technology Group that was announced on March 13, 2023, Momentive will not host a conference call or live webcast to discuss these financial results. About Momentive Momentive (NASDAQ:MNTV), maker of SurveyMonkey, empowers people with the insights they need to make business decisions with speed and confidence. Our fast, intuitive experience and insights management solutions connect millions of users at
Announces Workforce Reduction Plan Momentive (NASDAQ:MNTV), the maker of SurveyMonkey, today reported fourth quarter and full year results for the period ended December 31, 2022. "Our fourth quarter results illustrate our continued execution against our top priorities: driving meaningful operating leverage and positioning the company for more profitable growth," said Zander Lurie, chief executive officer of Momentive. "Today, we are announcing plans to decrease costs and prioritize the products and pricing models that efficiently drive customer acquisition, retention, and expansion. While this is a difficult decision, we have conviction these steps will enable us to navigate a more challe