DA Davidson Cuts Criteo (NASDAQ:CRTO) Price Target to $38.00

Criteo (NASDAQ:CRTO) had its price objective decreased by DA Davidson from $42.00 to $38.00 in a report published on Thursday morning,Benzinga reports. DA Davidson currently has a buy rating on the information services provider’s stock. DA Davidson also issued estimates for Criteo’s Q3 2025 earnings at $0.71 EPS.

Several other research analysts have also recently weighed in on the company. Citigroup reiterated an “underperform” rating on shares of Criteo in a research report on Friday, April 25th. Stifel Nicolaus lowered their price objective on Criteo from $42.00 to $41.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. Susquehanna lowered their price objective on Criteo from $50.00 to $38.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 30th. BMO Capital Markets increased their price objective on Criteo from $49.00 to $51.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Benchmark decreased their price target on Criteo from $46.00 to $42.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Criteo has a consensus rating of “Moderate Buy” and a consensus target price of $40.00.

Criteo Price Performance

Shares of Criteo stock opened at $23.50 on Thursday. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 9.83 and a beta of 0.43. The business has a fifty day simple moving average of $24.40 and a two-hundred day simple moving average of $31.39. Criteo has a 1 year low of $22.43 and a 1 year high of $49.93.

Criteo (NASDAQ:CRTO) last posted its quarterly earnings data on Wednesday, July 30th. The information services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.22. The firm had revenue of $292.00 million for the quarter, compared to analysts’ expectations of $274.62 million. Criteo had a return on equity of 17.06% and a net margin of 7.10%. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.08 EPS. As a group, equities analysts anticipate that Criteo will post 3.09 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Criteo news, insider Brian Gleason sold 2,842 shares of Criteo stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $22.85, for a total value of $64,939.70. Following the transaction, the insider owned 152,122 shares in the company, valued at $3,475,987.70. The trade was a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Sarah Js Glickman sold 2,465 shares of Criteo stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $25.81, for a total value of $63,621.65. Following the completion of the transaction, the chief financial officer owned 362,710 shares in the company, valued at approximately $9,361,545.10. This represents a 0.68% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,708 shares of company stock worth $320,444. Company insiders own 1.66% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Neuberger Berman Group LLC grew its position in Criteo by 0.8% in the first quarter. Neuberger Berman Group LLC now owns 6,123,000 shares of the information services provider’s stock valued at $216,982,000 after acquiring an additional 47,005 shares during the last quarter. DnB Asset Management AS grew its position in Criteo by 1.9% in the first quarter. DnB Asset Management AS now owns 5,511,195 shares of the information services provider’s stock valued at $195,372,000 after acquiring an additional 104,138 shares during the last quarter. Alliancebernstein L.P. grew its position in Criteo by 14.0% in the first quarter. Alliancebernstein L.P. now owns 4,329,854 shares of the information services provider’s stock valued at $153,320,000 after acquiring an additional 532,879 shares during the last quarter. Senvest Management LLC grew its position in Criteo by 25.7% in the fourth quarter. Senvest Management LLC now owns 3,639,479 shares of the information services provider’s stock valued at $143,978,000 after acquiring an additional 743,695 shares during the last quarter. Finally, Cadian Capital Management LP grew its position in Criteo by 38.2% in the fourth quarter. Cadian Capital Management LP now owns 2,584,333 shares of the information services provider’s stock valued at $102,236,000 after acquiring an additional 713,785 shares during the last quarter. Institutional investors own 94.27% of the company’s stock.

Criteo Company Profile

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.