Latest news with #adtech
Globe and Mail
8 hours ago
- Business
- Globe and Mail
AI Software Sales Could Soar 580% by 2028: 2 AI Stocks to Buy Now, According to Wall Street
Key Points Morgan Stanley estimates that AI software spending will increase by 580% over the next three years to top $400 billion by the end of 2028. AppLovin has recently been one of the best executors in the adtech industry due to its proprietary AI-powered targeting engine, called Axon. HubSpot has embedded AI capabilities throughout its CRM platform, and management highlighted strong demand on the recent earnings call. 10 stocks we like better than AppLovin › Artificial intelligence (AI) is quietly weaving its way into our daily lives. Goldman Sachs estimates that 9.2% of U.S. companies now use AI to produce goods and services, twice the number using the technology at the same time last year. And Morgan Stanley estimates that AI software sales will increase by 580% over the next three years, topping $400 billion in 2028. AppLovin (NASDAQ: APP) and HubSpot (NYSE: HUBS) are likely to benefit from that trend, and most Wall Street analysts see substantial upside in the stocks, as detailed below: Among 31 analysts that follow AppLovin, the median target price is $470 per share. That implies 29% upside from its current share price of $364. Among 38 analysts that follow HubSpot, the median target price is $750 per share. That implies 38% upside from its current share price of $542. Here's what investors should know about these software companies. 1. AppLovin AppLovin develops adtech software. For years, the company has focused on helping game developers market and monetize their applications, but it has recently introduced adtech software designed for e-commerce brands. Its platform features a targeting engine called Axon that uses artificial intelligence to match advertiser demand with publisher supply across connected TV and mobile devices. Morgan Stanley recently selected AppLovin as one of the companies best positioned to benefit from growing AI software spending. The analysts called Axon a "best in class machine learning ad engine," saying it has delivered superior return on ad spend for brands on the platform. The report also highlighted AppLovin's in-house creative agency, SparkLabs, which uses generative AI to develop ad content. AppLovin reported excellent first-quarter financial results. Total revenue increased 40% to $1.4 billion, as strong sales growth in the advertising segment offset a decline in the mobile games segment. Meanwhile, generally accepted accounting principles (GAAP) earnings climbed 149% to $1.67 per diluted share. And management guided for 69% advertising sales growth in the second quarter. Wall Street estimates that AppLovin's earnings will increase by 55% annually through 2026. That makes the current valuation of 66 times earnings look reasonable, especially since the company beat the consensus estimate by an average of 27% over the last four quarters. Patient investors should feel comfortable buying a small position today. 2. HubSpot HubSpot develops customer relationship management (CRM) software. Its platform comprises productivity applications for marketing, sales, customer service, and operations teams. It also includes solutions for content management and payments. HubSpot's focus on mid-market businesses (defined as those with 2 to 2,000 employees) differentiates it from industry leader Salesforce, which has designed its platform for large enterprises. HubSpot has embedded its platform with an AI engine called Breeze. It can summarize CRM records, draft emails, create webpages, generate social media posts, and provide customer support. It can also analyze information, surface insights, and make recommendations that improve efficiency across sales, marketing, and customer service workflows. HubSpot reported mixed first-quarter financial results due to the macroeconomic uncertainty created by tariffs. Customers climbed 19%, but the average existing customer spent 4% less. In turn, revenue increased 16% to $714 million, but non-GAAP net income increased just 6% to $1.78 per diluted share, as operating margin contracted due to ongoing investments in product development. Management provided positive updates on AI adoption on the earnings call. "Over the past year, Content Hub attach rates have tripled and Service Hub adoption has improved because of embedded AI," according to CEO Yamini Rangan. She also told analysts that the number of businesses engaging with Breeze Copilot more than doubled compared to the previous quarter. Wall Street estimates that HubSpot's adjusted earnings will increase by 19% annually through 2026. That makes the current valuation of 66 times adjusted earnings look expensive. But I think earnings could grow more quickly. HubSpot exceeded the consensus estimate by an average of 10% in the last four quarters, and the company could continue to beat estimates as it monetizes new AI features. Investors should consider buying a very small position today. Should you invest $1,000 in AppLovin right now? Before you buy stock in AppLovin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AppLovin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025
Yahoo
4 days ago
- Business
- Yahoo
Why AppLovin Was Moving Higher Today
AppLovin got a bullish note from Citi, which said it was headed for the top of its second-quarter guidance. The stock has pulled back substantially from its peak, but it's still expensive. AppLovin could move by double digits following its second-quarter report on Aug. 6. 10 stocks we like better than AppLovin › Shares of AppLovin (NASDAQ: APP) were among the winners today after the fast-growing ad tech company received an endorsement from Citigroup, which called it a top pick. That news was enough to send the stock up 6.5% as of 3:05 p.m. ET. AppLovin has been volatile. The stock, which was a breakout winner last year, is now up against high expectations in a chaotic advertising and economic environment. However, Citi's note today clearly gave the stock a boost. The bank reaffirmed AppLovin as a top pick heading into its second-quarter results, saying that it expects the company's results to be toward the high end of its guidance range. Citi sees more positives for the stock in the second half of the year. It also maintained a buy rating on the stock with a price target of $600, implying nearly 70% upside in the stock. Even as AppLovin has pulled back from its peak, the stock remains pricey at a price-to-sales ratio of 22, but it has the growth to back it up. In the first quarter, AppLovin stock reported 71% growth in its core advertising business to $1.15 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped 92% to $943.3 million. The company announced the sale of its mobile app game business in May, allowing it to fully focus on its ad tech platform. Given the high growth, expanding margins, and plans to get into a new vertical like connected TV, the stock could still move considerably higher. Keep your eye on the Aug. 6 report, as the stock could swing significantly in the wake of the update. Before you buy stock in AppLovin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AppLovin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 14, 2025 Citigroup is an advertising partner of Motley Fool Money. Jeremy Bowman has positions in AppLovin. The Motley Fool has positions in and recommends AppLovin. The Motley Fool has a disclosure policy. Why AppLovin Was Moving Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
11-07-2025
- Business
- Globe and Mail
Viewbix Announces Pricing of $4.5 Million Private Placement Priced At-The-Market under Nasdaq Rules
Tel Aviv, Israel, July 11, 2025 (GLOBE NEWSWIRE) -- Viewbix Inc. (Nasdaq: VBIX) ('Viewbix' or the 'Company'), a global developer of ad-tech innovative technologies, today announced that it has entered into definitive agreements with certain strategic institutional investors for the purchase and sale of approximately $4.5 million shares of the Company's common stock and pre-funded warrants. The entire transaction has been priced at-the-market under Nasdaq rules. Following the transaction, the Company plans to continue its previously announced process to identify and explore potential new business opportunities, investments and activities in a variety of new sectors. In connection with the offering, the Company will issue an aggregate of 925,923 units and pre-funded units. The common units will be sold at a price of $4.86 per unit; the pre-funded units will be sold at the same purchase price as the common units less the pre-funded warrant exercise price of $0.0001. Each unit will consist of one share of common stock and one common warrant exercisable for one share of common stock at an exercise price of $4.74 per share. Each pre-funded unit will consist of one pre-funded warrant and one common warrant exercisable for one share of common stock at an exercise price of $4.74 per share. The common warrants will be exercisable upon issuance and will have a term of 5.5 years from the issuance date. The pre-funded warrants will be immediately exercisable and may be exercised at any time until exercised in full. For each pre-funded unit sold in the offering, the number of common units in the offering will be decreased on a one-for-one basis. The closing of the private placement is expected to occur on or about July 14, 2025, subject to the satisfaction of certain customary closing conditions. Aggregate gross proceeds to the Company are expected to be approximately $4.5 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital. Aegis Capital Corp. is acting as exclusive placement agent for the private placement. Greenberg Traurig, P.A. is acting as counsel to the Company. Sichenzia Ross Ference Carmel LLP is acting as special counsel to the Company. Kaufman & Canoles, P.C. is acting as counsel to Aegis Capital Corp. The securities described above are being sold in a private placement transaction not involving a public offering and exempt from the registration requirements of the Securities Act of 1933, as amended (the "Act"), and have not been registered under the Act, or applicable state securities laws. Accordingly, the securities may not be reoffered or resold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities laws. The securities were offered only to accredited investors. Pursuant to a registration rights agreement with the investors, the Company has agreed to file one or more registration statements with the Securities and Exchange Commission (the "SEC") covering the resale of the shares of common stock sold in the offering and the shares of common stock issuable upon exercise of the pre-funded warrants and the common warrants sold in the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Viewbix Inc. Viewbix, through certain of its subsidiaries Gix Media Ltd. and Cortex Media Group Ltd., operates in the field of digital advertising. The Group has two main activities search and digital content. The search develops a variety of technological software solutions, which perform automation, optimization and monetization of internet campaigns, for the purposes of acquiring and routing internet user traffic to its customers. The digital content is engaged in the creation and editing of content, in different languages, for different target audiences, for the purposes of generating revenues from leading advertising platforms, including Google, Facebook, Yahoo and Apple, by utilizing such content to obtain internet user traffic for its advertisers. Viewbix's technological tools allow advertisers and website owners to earn more from their advertising campaigns and generate additional profits from their websites. For more information about Viewbix, visit Forward-Looking Statements This press release contains forward-looking statements within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as 'expects,' 'anticipates,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates' and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements when it discusses the timing and completion of the offering, the satisfaction of customary closing conditions related to the offering and the intended use of proceeds therefrom. Because such statements deal with future events and are based on Viewbix's current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed in any filings with the SEC. Except as otherwise required by law, Viewbix undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Viewbix is not responsible for the contents of third-party websites.
Yahoo
04-07-2025
- Business
- Yahoo
Unpacking Q1 Earnings: DoubleVerify (NYSE:DV) In The Context Of Other Advertising Software Stocks
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at DoubleVerify (NYSE:DV) and the best and worst performers in the advertising software industry. The digital advertising market is large, growing, and becoming more diverse, both in terms of audiences and media. As a result, there is a growing need for software that enables advertisers to use data to automate and optimize ad placements. The 7 advertising software stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 4.8% while next quarter's revenue guidance was 1.4% below. Luckily, advertising software stocks have performed well with share prices up 14.1% on average since the latest earnings results. When Oren Netzer saw a digital ad for US-based Target while sitting in his Tel Aviv apartment, he knew there was an unsolved problem, so he started DoubleVerify (NYSE:DV), a provider of advertising solutions to businesses that helps with ad verification, fraud prevention, and brand safety. DoubleVerify reported revenues of $165.1 million, up 17.2% year on year. This print exceeded analysts' expectations by 7.8%. Overall, it was a strong quarter for the company with an impressive beat of analysts' EBITDA estimates and EBITDA guidance for next quarter slightly topping analysts' expectations. 'DoubleVerify is off to a strong start in 2025, with first-quarter revenue and adjusted EBITDA meaningfully ahead of expectations,' said Mark Zagorski, CEO of DoubleVerify. DoubleVerify pulled off the biggest analyst estimates beat of the whole group. Unsurprisingly, the stock is up 9.3% since reporting and currently trades at $15.41. Is now the time to buy DoubleVerify? Access our full analysis of the earnings results here, it's free. Founded by former Microsoft engineers Jeff Green and Dave Pickles, The Trade Desk (NASDAQ:TTD) offers cloud-based software that uses data to help advertisers better plan, place, and target their online ads. The Trade Desk reported revenues of $616 million, up 25.4% year on year, outperforming analysts' expectations by 7%. The business had a very strong quarter with an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' billings estimates. The market seems happy with the results as the stock is up 23.7% since reporting. It currently trades at $74.23. Is now the time to buy The Trade Desk? Access our full analysis of the earnings results here, it's free. Started in 2011 as a spin-out of RapLeaf, LiveRamp (NYSE:RAMP) is a software-as-a-service provider that helps companies better target their marketing by merging offline and online data about their customers. LiveRamp reported revenues of $188.7 million, up 9.8% year on year, exceeding analysts' expectations by 1.3%. Still, it was a mixed quarter as it posted full-year guidance of slowing revenue growth. LiveRamp delivered the weakest performance against analyst estimates in the group. The company added 3 enterprise customers paying more than $1 million annually to reach a total of 128. Interestingly, the stock is up 19.5% since the results and currently trades at $33.55. Read our full analysis of LiveRamp's results here. Founded in 2009, Integral Ad Science (NASDAQ:IAS) provides digital advertising verification and optimization solutions, ensuring that ads are viewable by real people in brand-safe environments across various platforms and devices. Integral Ad Science reported revenues of $134.1 million, up 17.1% year on year. This print topped analysts' expectations by 3.2%. Zooming out, it was a mixed quarter as it also produced an impressive beat of analysts' EBITDA estimates but EBITDA guidance for next quarter missing analysts' expectations significantly. Integral Ad Science had the weakest full-year guidance update among its peers. The stock is up 4.5% since reporting and currently trades at $8.53. Read our full, actionable report on Integral Ad Science here, it's free. Co-founded by Adam Foroughi, who was frustrated with not being able to find a good solution to market his own dating app, AppLovin (NASDAQ:APP) is both a mobile game studio and provider of marketing and monetization tools for mobile app developers. AppLovin reported revenues of $1.48 billion, up 40.3% year on year. This number beat analysts' expectations by 7.3%. It was a very strong quarter as it also recorded EBITDA guidance for next quarter exceeding analysts' expectations. AppLovin achieved the fastest revenue growth among its peers. The stock is up 12.1% since reporting and currently trades at $340.40. Read our full, actionable report on AppLovin here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Globe and Mail
30-06-2025
- Business
- Globe and Mail
Why AI Stock AppLovin Crushed It on Monday
Adtech company AppLovin (NASDAQ: APP) was an outlier on the stock market in the best way as the trading week kicked off. On Monday, following a new and rather bullish note from a researcher tracking its fortunes, AppLovin's stock bounced almost 5% higher. That handily beat the S&P 500 (SNPINDEX: ^GSPC), which had a good if not spectacular day with a 0.5% rise. A bull weighs in again Before market open, Jefferies published a fresh report on AppLovin. In it, a team of pundits led by James Heaney reiterated its buy recommendation on the stock, citing numerous reasons to continue being optimistic about its future. According to reports, Heaney and his peers believe that spending on e-commerce advertising rose sequentially in the second calendar quarter of this year, and should continue to motor ahead in the third. AppLovin is poised to boost its revenue purely thanks to this dynamic. Jefferies added that AppLovin aims to roll out its offerings to a wider customer base next year, another factor that should bring in more business. It is also apparently contemplating a reduction of its gross merchandise value (GMV) minimum for clients, which currently stands at $10 million. Meanwhile, a recent double-digit swoon in AppLovin's share price makes it particularly attractive at the moment. Investors have been concerned with a short-seller report that dinged the company's reputation, product delays, and other developments. However, in the Jefferies team's view, none of these should be long-term drags on the specialty tech stock 's value. Concerning allegations Although personally, I'd agree mostly with this assessment, I still feel that the short-seller report brought up some concerns about AppLovin. I also feel company management hasn't sufficiently addressed these, and that in itself is a bit worrying. I'd be more comfortable with this stock -- which surely has potential for the reasons Jefferies stated -- if management did so. Should you invest $1,000 in AppLovin right now? Before you buy stock in AppLovin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AppLovin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor 's total average return is1,062% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025
