Fluent (NASDAQ:FLNT) Price Target Raised to $3.50 at Canaccord Genuity Group

Fluent (NASDAQ:FLNT) had its target price hoisted by Canaccord Genuity Group from $2.50 to $3.50 in a report published on Tuesday morning,Benzinga reports. The firm currently has a hold rating on the stock.

Fluent Price Performance

Fluent stock opened at $3.41 on Tuesday. The firm has a 50-day moving average of $3.27 and a two-hundred day moving average of $2.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 1.02. Fluent has a 1 year low of $1.50 and a 1 year high of $4.00. The stock has a market cap of $101.07 million, a price-to-earnings ratio of -3.13 and a beta of 0.94.

Fluent (NASDAQ:FLNT) last announced its quarterly earnings data on Monday, March 9th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.05). Fluent had a negative return on equity of 115.19% and a negative net margin of 13.01%.The firm had revenue of $61.82 million during the quarter, compared to the consensus estimate of $62.85 million. On average, research analysts forecast that Fluent will post -1.82 earnings per share for the current year.

Hedge Funds Weigh In On Fluent

Several institutional investors have recently bought and sold shares of FLNT. Millennium Management LLC bought a new position in shares of Fluent in the 4th quarter worth $84,000. Susquehanna International Group LLP lifted its position in shares of Fluent by 65.3% during the third quarter. Susquehanna International Group LLP now owns 39,947 shares of the company’s stock valued at $89,000 after buying an additional 15,777 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Fluent by 44.7% in the 4th quarter. Geode Capital Management LLC now owns 144,713 shares of the company’s stock valued at $347,000 after buying an additional 44,684 shares in the last quarter. Finally, Mink Brook Asset Management LLC purchased a new position in shares of Fluent in the 3rd quarter worth approximately $634,000. 23.33% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Fluent

Here are the key news stories impacting Fluent this week:

• Positive Sentiment: Commerce media momentum — Fluent said commerce media solutions now represent 56% of consolidated revenue with a revenue run rate above $105M, underscoring the company’s strategic shift toward higher-growth, higher-margin services. This is the core bullish operational update investors can point to for 2026 growth potential. Business Insider Article
• Positive Sentiment: Company outlook/2026 growth signal — Coverage noted Fluent is signaling double-digit revenue growth in 2026 as commerce media surpasses half of total revenue, which supports a narrative of accelerating top-line recovery if execution continues. MSN Article
• Positive Sentiment: Lower short interest — short interest fell ~14.5% in February to ~85.6k shares (0.4% of float), reducing short pressure and the risk of accelerated selling; days-to-cover is ~5.9, signaling modest liquidity risk but fewer shorts than earlier in the month. Data summary
• Positive Sentiment: Analyst move — Canaccord raised its price target from $2.50 to $3.50 while maintaining a “hold” rating, a modest vote of confidence that may support the stock near-term (limited upside implied). Benzinga Note
• Neutral Sentiment: Investor presentations and transcripts — management presented at the IAccess Alpha conference and the full Q4 earnings call/transcript are available; useful for investors wanting detail on metrics, margin trajectory, and management’s execution plan but no new guidance was announced in these releases. IAccess Alpha Transcript Earnings Call Transcript
• Neutral Sentiment: Analyst/coverage commentary — a Seeking Alpha piece calls developments “encouraging” and flags attractive forward valuation metrics (EV/Sales, P/S) but highlights execution risk and fragile profitability metrics (high EV/EBITDA), suggesting cautious interest rather than a clear buy signal. Seeking Alpha Commentary
• Negative Sentiment: Q4 miss and loss — Fluent reported Q4 EPS of ($0.09) vs. consensus ($0.04) and revenue of $61.82M versus $62.85M expected; net margin and return-on-equity remain negative. These results are the primary near-term negative catalyst pressuring the stock as they emphasize continued path-to-profitability risk. Zacks Article

About Fluent

Fluent, Inc is a performance marketing and customer acquisition platform that helps consumer brands drive leads and sales through data-driven digital campaigns. The company specializes in direct-response marketing, executing campaigns across multiple channels including email, display, paid search, social media and native advertising. By focusing on measurable outcomes such as cost per acquisition and return on ad spend, Fluent tailors solutions to meet the specific objectives of its clients.

The company’s proprietary technology leverages first-party data sourced from its network of consumer-facing digital properties and programmatic partnerships.