In a report released today, Brian Fitzgerald from Wells Fargo maintained a Buy rating on Vimeo (VMEO – Research Report), with a price target of $7.00. The company’s shares closed yesterday at $4.68.
According to TipRanks, Fitzgerald is a 5-star analyst with an average return of 17.4% and a 59.44% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as Integral Ad Science, Activision Blizzard, and Electronic Arts.
Currently, the analyst consensus on Vimeo is a Moderate Buy with an average price target of $7.00.
See the top stocks recommended by analysts >>
The company has a one-year high of $7.74 and a one-year low of $3.07. Currently, Vimeo has an average volume of 1.81M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Vimeo Holdings Inc is the all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. The company’s comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform.
Read More on VMEO:
- Vimeo sees mid-single digit percent decline in revenue for FY23
- Vimeo sees Q3 revenue slightly above $100M, consensus $100.95M
- Vimeo reports Q2 diluted EPS 3c, consensus (10c)
- Vimeo Q2 2023 Shareholder Letter Available on Company’s IR Site
- Vimeo to Announce Q2 2023 Earnings on August 1 and Host Earnings Video Event on August 2
