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Date | Price Target | Rating | Analyst |
---|---|---|---|
5/2/2024 | $4.00 | Hold | Jefferies |
4/24/2024 | $4.50 | Neutral | B. Riley Securities |
6/22/2023 | $5.00 | Neutral | B. Riley Securities |
12/16/2022 | $7.00 → $4.50 | Buy | Needham |
12/13/2022 | $4.00 | Neutral | Citigroup |
11/11/2022 | $6.50 → $4.00 | Buy → Hold | Jefferies |
5/13/2022 | $9.00 | Outperform → In-line | Evercore ISI |
5/6/2022 | $16.00 → $14.00 | Buy | Jefferies |
NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Outbrain, a leading technology platform that drives business results by engaging people across the open internet, today announced the appointment of Greg Archibald as General Manager & Senior Vice President of Sales for the United States. In this role, Archibald will oversee all agency and brand demand functions in the US, with a focus on driving revenue, adoption, and retention of Outbrain's high-impact performance advertising solutions, including the open internet branding platform, Onyx by Outbrain. Archibald brings over two decades of experience leading high-performing sales teams for companies including Criteo, Yahoo, and InMobi. His strate
NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ:OB), a leading recommendation platform for the open web, today announced key promotions to scale global operations, drive innovation, and expand Outbrain's offerings for brands, advertisers, and publishers. These appointments follow Alexander Erlmeier's promotion to Chief Revenue Officer in October 2022. "Evolving customer habits and emerging technologies continue to necessitate agility and resiliency among technology and advertising organizations," said Erlmeier. "With an expanded and unified leadership team, Outbrain is well positioned to scale alongside the evolving industry. Together with our teams across the globe, our
NEW YORK, April 20, 2023 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ:OB), a leading recommendation platform for the open web, today announced the appointment of Yonatan Maman as Chief Technology Officer and Andraz Tori in a newly created executive role as Chief Product Officer. Co-Founder, Chief Technology Officer, and General Manager, Israel, Ori Lahav, will transition his responsibilities and focus on cross-company strategic initiatives, while continuing his role as General Manager, Israel. The newly-appointed executives will support Outbrain's growth by building upon the company's existing technologies and product offerings to align with the evolving needs of publishers, brands, an
Reports strong quarter, achieving Q3 guidance on Ex TAC gross profit, exceeding Adjusted EBITDA expectations; improved margins and profitability, and generating positive cash flow for 5th consecutive quarter Increases outlook for Adjusted EBITDA for FY 2024 NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ:OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today financial results for the quarter ended September 30, 2024. Third Quarter 2024 Key Financial Metrics: Three Months Ended September 30, Nine Months Ended September 30,(in millions USD) 2024 2023 % Change 2024 2023 % ChangeRevenue$224.2 $230.
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Outbrain (NASDAQ:OB), a leading technology platform that drives business results across the open internet, announced the expansion of its collaboration with Microsoft and the use of the technological capabilities of the Microsoft Azure cloud platform to improve its offerings for advertisers and media owners. As part of the collaboration, Outbrain will expand its operations with Microsoft Azure in North America, scaling its traffic to be served on Azure, and integrate generative AI solutions based on Azure OpenAI Service to offer a variety of new services to its customers. Generative AI solutions add a new layer of collaboration and enable Outbra
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ:OB) announced today that the company will release its third quarter 2024 results before the market opens on Thursday, November 7, 2024, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company's results and business outlook. The conference call can be accessed live over the phone by dialing 1-866-682-6100 or for international callers, 1-862-298-0702. A replay will be available two hours after the call and can be accessed by dialing 1-877-660-6853, or for international callers, 1-201-612-7415. The passcode for the live call and the replay is 13749250. The replay will be available until
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10-Q - Outbrain Inc. (0001454938) (Filer)
8-K - Outbrain Inc. (0001454938) (Filer)
DEFM14A - Outbrain Inc. (0001454938) (Filer)
Jefferies resumed coverage of Outbrain Inc. with a rating of Hold and set a new price target of $4.00
B. Riley Securities resumed coverage of Outbrain Inc. with a rating of Neutral and set a new price target of $4.50
B. Riley Securities initiated coverage of Outbrain Inc. with a rating of Neutral and set a new price target of $5.00
Reports strong quarter, achieving Q3 guidance on Ex TAC gross profit, exceeding Adjusted EBITDA expectations; improved margins and profitability, and generating positive cash flow for 5th consecutive quarter Increases outlook for Adjusted EBITDA for FY 2024 NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ:OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today financial results for the quarter ended September 30, 2024. Third Quarter 2024 Key Financial Metrics: Three Months Ended September 30, Nine Months Ended September 30,(in millions USD) 2024 2023 % Change 2024 2023 % ChangeRevenue$224.2 $230.
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ:OB) announced today that the company will release its third quarter 2024 results before the market opens on Thursday, November 7, 2024, followed by a conference call at 8:30 a.m. (Eastern Time) that same day to discuss the company's results and business outlook. The conference call can be accessed live over the phone by dialing 1-866-682-6100 or for international callers, 1-862-298-0702. A replay will be available two hours after the call and can be accessed by dialing 1-877-660-6853, or for international callers, 1-201-612-7415. The passcode for the live call and the replay is 13749250. The replay will be available until
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ:OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today financial results for the quarter ended June 30, 2024. Second Quarter 2024 Key Financial Metrics: Three Months EndedJune 30, Six Months EndedJune 30,(in millions USD) 2024 2023 % Change 2024 2023 % ChangeRevenue$214.1 $225.8 (5)% $431.1 $457.6 (6)%Gross profit 45.6 44.0 4% 87.2 85.2 2%Net (loss) income (2.2) 11.3 (119)% (7.2) 5.7 (228)%Net cash provided by (used in) operating activities 3.6 1.8 99% 12.2 (18.7) 166% Non-GAAP Financial Data*
Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google reversed its long-standing plan to eliminate cookies in its Chrome browser due to industry and regulatory pushback. Advertisers and publishers use cookies and small text snippets to identify users and target ads. This decision follows objections from digital advertising companies and regulators to Google’s proposed alternative technologies. Ad-tech players protested, accusing Google of attempting to strengthen its monopoly in the space and making it more difficult for advertisers to track their ads’ performance. Instead of eliminating cookies, Google will now prompt Chrome users to decide whether to enable or disable cookies.
Needham analyst Laura Martin reiterates Outbrain (NASDAQ:OB) with a Buy and maintains $5.5 price target.
Citigroup analyst Ygal Arounian maintains Outbrain (NASDAQ:OB) with a Neutral and raises the price target from $4.1 to $5.
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