Truist Financial analyst Youssef Squali maintained a Buy rating on Vimeo (VMEO – Research Report) on August 2. The company’s shares closed last Friday at $4.25.
According to TipRanks, Squali is a 5-star analyst with an average return of 18.8% and a 58.11% success rate. Squali covers the Technology sector, focusing on stocks such as Alibaba, Amazon, and Uber Technologies.
Vimeo has an analyst consensus of Moderate Buy, with a price target consensus of $7.00, implying a 64.71% upside from current levels. In a report released on August 3, Wells Fargo also maintained a Buy rating on the stock with a $7.00 price target.
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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 1.79M.
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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
