CRTO Stock Recent News
CRTO LATEST HEADLINES
Criteo beat revenue and earnings estimates in its third quarter, with particular strength in the retail media segment. However, the ad-retargeting company followed with cautious forward guidance, given current macro and geopolitical uncertainty.
Criteo S.A. is a digital marketing software and service provider for retail industry and other advertisers. The company's Europe growth outlook is weaker than expected and its stock valuation appears full. Given worsening consumer confidence, my outlook for Criteo has downgraded to Neutral [Hold] for the near term.
Shopify Audiences added new integrations with major advertising platforms Snap, TikTok and Criteo. The partnerships expand the reach and efficiency of Shopify Plus merchants, allowing them to target customers more effectively using their preferred advertising networks, Shopify said in a Monday (Sept.
I give CRTO a buy rating. Despite a temporary decline in ad spend and revenue growth, CRTO appears to have the right assets and resources to win in cookieless advertising. I consider the management's expectation of solid growth in 2023 under the tough macro situation as a bullish sign.
Criteo Sees Demand From Major Retailers Aiming For Online Growth.
Here is how Criteo S.A. (CRTO) and Fortinet (FTNT) have performed compared to their sector so far this year.
Criteo S.A. (CRTO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Some investors reacted to rumors that the company is putting itself up for sale.
Criteo S.A. (NASDAQ:CRTO ) Q4 2022 Earnings Conference Call February 8, 2022 8:00 AM ET Company Participants Melanie Dambre - Head of IR Megan Clarken - CEO Sarah Glickman - CFO Todd Parsons - Chief Product Officer Conference Call Participants Ygal Arounian - Citi Mark Kelley - Stifel Matthew Cost - Morgan Stanley Richard Kramer - Arete Research Matt Thornton - Truist Securities Katy Ansel - J.P.
Speculation that the company might be acquired brought the bulls back.