Dawson James initiated coverage on Oblong with a new price target
$OBLG
Computer Software: Programming Data Processing
Technology
Dawson James initiated coverage of Oblong with a rating of Buy and set a new price target of $15.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/31/2021 | $13.00 → $5.00 | Buy | Dawson James |
| 8/5/2021 | $15.00 | Buy | Dawson James |
Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), an innovator in collaboration solutions, today reported financial results for the fourth quarter and fiscal year ending December 31, 2024, and provided updates on the Company's business and strategy. "As of December 31, 2024, our financial footing remains strong, with $5.0 million in cash and zero debt. During Q4, we raised $231,000 from common stock warrant exercises and streamlined operations to increase efficiency, resulting in expected annual savings of $1.2 million. We believe we're on track to maintain liquidity into mid-2026. In September 2024, we proudly regained full compliance with Nasdaq's listing standards. Our focus is no
Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), an innovator in collaboration solutions, today reported financial results for the three and nine months ended September 30, 2024, and provided updates on the Company's business and strategy. "As of September 30, 2024, our financial footing remains strong, with $5.6 million in cash and zero debt. We further boosted liquidity in October with an additional $231,000 from common stock warrant exercises and streamlined operations to increase efficiency, resulting in expected annual savings of $1.2 million. With this solid financial position, we believe we're on track to maintain momentum into mid-2026. In September 2024, we proudly regained
Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), an innovator in collaboration solutions, today reported financial results for the fourth quarter and fiscal year ending December 31, 2023, and provided updates on the Company's business and strategy. During 2023, the Company diligently optimized its operations, streamlined expenditures, and strengthened Oblong's balance sheet to position itself as a lean and agile innovator in the tech landscape. Oblong raised $5.9 million in funding in 2023 that we believe provides the Company with ample liquidity and a clear runway through mid-2025. This strategic financing underscores the confidence of Oblong's investors in the Company's vision an
Jonathan Schechter and Robert Weinstein Join Oblong's Board of Directors Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), the award-winning maker of multi-stream collaboration solutions, today appointed two new directors to its board. Jonathan Schechter, Partner, The Special Equities Group, and Robert Weinstein, Chief Financial Officer, Synaptogenix, Inc. have joined Oblong's board of directors. In addition, Jim Lusk and Matthew Blumberg have retired from the Oblong board. "We're delighted to welcome Jonathan and Robert to the Oblong board of directors," said Pete Holst, President and CEO. "Both individuals bring a wealth of knowledge in mergers and acquisitions, digital transfor
Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), the award-winning maker of multi-stream collaboration solutions, today announced its board of directors has appointed Matt Blumberg and Debby Meredith to serve as independent directors, effective August 16, 2021. Mr. Blumberg will serve on the Audit and Nominating Committees and Ms. Meredith will serve on the Compensation and Nominating Committees. Following the appointments, the board of Oblong will be comprised of five directors, four of whom are independent. "We are extremely fortunate to add these two highly-talented and successful professionals to our board," stated Pete Holst, Oblong CEO. "Matt and Debby have demonstrated strat
Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), announced today that its Board of Directors has authorized a stock buyback program (the "Program") to repurchase up to $500,000 of the Company's common stock. With approximately 1.1 million shares of common stock outstanding, the Program could enable the Company to repurchase up to approximately 25% of its shares at current market prices, reflecting management's strong belief that the stock is undervalued. Share repurchases under the Program may be funded using the Company's existing cash balance or future cash flows. As of December 31, 2024, the Company had approximately $5.0 million of cash and no debt. Repurchases may be made in th
Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), an innovator in collaboration solutions, today reported financial results for the fourth quarter and fiscal year ending December 31, 2024, and provided updates on the Company's business and strategy. "As of December 31, 2024, our financial footing remains strong, with $5.0 million in cash and zero debt. During Q4, we raised $231,000 from common stock warrant exercises and streamlined operations to increase efficiency, resulting in expected annual savings of $1.2 million. We believe we're on track to maintain liquidity into mid-2026. In September 2024, we proudly regained full compliance with Nasdaq's listing standards. Our focus is no
Oblong, Inc. (NASDAQ:OBLG) ("Oblong" or the "Company"), an innovator in collaboration solutions, today reported financial results for the three and nine months ended September 30, 2024, and provided updates on the Company's business and strategy. "As of September 30, 2024, our financial footing remains strong, with $5.6 million in cash and zero debt. We further boosted liquidity in October with an additional $231,000 from common stock warrant exercises and streamlined operations to increase efficiency, resulting in expected annual savings of $1.2 million. With this solid financial position, we believe we're on track to maintain momentum into mid-2026. In September 2024, we proudly regained
SCHEDULE 13G/A - Oblong, Inc. (0000746210) (Subject)
8-K - Oblong, Inc. (0000746210) (Filer)
8-K - Oblong, Inc. (0000746210) (Filer)
SC 13G/A - Oblong, Inc. (0000746210) (Subject)
SC 13D/A - Oblong, Inc. (0000746210) (Subject)
SC 13G/A - Oblong, Inc. (0000746210) (Subject)
4 - Oblong, Inc. (0000746210) (Issuer)
4 - Oblong, Inc. (0000746210) (Issuer)
4 - Oblong, Inc. (0000746210) (Issuer)
Dawson James reiterated coverage of Oblong with a rating of Buy and set a new price target of $5.00 from $13.00 previously
Dawson James initiated coverage of Oblong with a rating of Buy and set a new price target of $15.00
Dawson James initiated coverage of Oblong with a rating of Buy and set a new price target of $15.00