Benchmark Cuts Criteo (NASDAQ:CRTO) Price Target to $21.00

Criteo (NASDAQ:CRTO) had its target price reduced by research analysts at Benchmark from $25.00 to $21.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the information services provider’s stock. Benchmark’s price objective points to a potential upside of 22.02% from the company’s previous close.

Other equities analysts also recently issued research reports about the stock. Stifel Nicolaus lowered their price target on shares of Criteo from $30.00 to $29.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Wells Fargo & Company reiterated an “equal weight” rating and set a $18.00 target price (down from $34.00) on shares of Criteo in a research report on Wednesday, May 6th. BMO Capital Markets set a $20.00 price target on Criteo in a report on Thursday. Wedbush initiated coverage on shares of Criteo in a research report on Thursday, July 16th. They set an “outperform” rating and a $30.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Criteo in a research note on Friday, July 17th. Six analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $25.80.

Criteo Price Performance

Criteo stock traded up $0.16 during mid-day trading on Thursday, reaching $17.21. The stock had a trading volume of 227,907 shares, compared to its average volume of 455,588. The company has a market capitalization of $864.63 million, a price-to-earnings ratio of 8.04 and a beta of 0.29. Criteo has a one year low of $15.57 and a one year high of $25.29. The company has a 50-day moving average price of $19.71 and a two-hundred day moving average price of $18.77.

Criteo (NASDAQ:CRTO) last issued its earnings results on Wednesday, August 5th. The information services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.08. The firm had revenue of $428.02 million for the quarter, compared to the consensus estimate of $263.57 million. Criteo had a net margin of 6.06% and a return on equity of 14.98%. The business’s revenue was down 11.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.92 earnings per share. On average, equities research analysts anticipate that Criteo will post 3.21 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Sarah Js Glickman sold 2,465 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $17.06, for a total transaction of $42,052.90. Following the completion of the sale, the chief financial officer directly owned 431,879 shares of the company’s stock, valued at approximately $7,367,855.74. The trade was a 0.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.52% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Criteo

Several large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in Criteo in the 2nd quarter worth about $30,000. Jones Financial Companies Lllp boosted its holdings in shares of Criteo by 1,376.7% in the first quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider’s stock valued at $45,000 after purchasing an additional 1,184 shares during the period. WealthCollab LLC grew its stake in Criteo by 147.5% in the first quarter. WealthCollab LLC now owns 1,371 shares of the information services provider’s stock worth $25,000 after purchasing an additional 817 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in Criteo by 185.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,446 shares of the information services provider’s stock worth $30,000 after purchasing an additional 940 shares in the last quarter. Finally, Parallel Advisors LLC increased its holdings in Criteo by 142.3% during the 3rd quarter. Parallel Advisors LLC now owns 2,081 shares of the information services provider’s stock worth $47,000 after purchasing an additional 1,222 shares during the period. 94.27% of the stock is owned by hedge funds and other institutional investors.

More Criteo News

Here are the key news stories impacting Criteo this week:

• Positive Sentiment: Criteo reported second-quarter adjusted earnings of $0.80 per share, above the $0.72 analyst consensus. The company also deployed $30 million for share repurchases during the quarter. Criteo Reports Second Quarter 2026 Results
• Positive Sentiment: Management highlighted momentum in artificial-intelligence-related advertising products, which could support longer-term growth as Criteo expands its commerce media platform. Criteo Earnings Call: AI Momentum Amid Revenue Headwinds
• Neutral Sentiment: Criteo appointed Connor McGogney as chief financial officer, effective August 10, replacing Sarah Glickman, who will transition to an advisory role. The company also plans a cross-border merger into a U.S. holding company, a corporate-structure change that may simplify its organization but does not immediately improve operating results. Criteo Appoints Connor McGogney as Chief Financial Officer Criteo Plans Cross-Border Merger Into U.S. Holding Company
• Negative Sentiment: Second-quarter revenue fell 11.3% year over year to $428.0 million, despite exceeding the reported consensus estimate. Earnings also declined from $0.92 per share in the prior-year quarter, underscoring weaker operating momentum.
• Negative Sentiment: Third-quarter revenue guidance of $237 million to $241 million is well below the $279.6 million consensus estimate. Full-year 2026 revenue guidance of $1.0 billion to $1.1 billion is also at or below expectations. Criteo Forecasts 2026 Contribution Ex-TAC to Decline
• Negative Sentiment: Management expects 2026 contribution ex-TAC to decline 10% to 12% and assumes no meaningful recovery in spending by large clients. This cautious forecast is the primary reason the stock has decreased, overwhelming the quarterly earnings beat. Criteo Sinks as Weak Outlook Overshadows Earnings Beat

About Criteo

Criteo is a global technology company specializing in digital performance advertising and commerce media solutions. The company provides a range of AI-driven ad products designed to help brands, retailers, and agencies deliver personalized promotional messages to consumers across web, mobile, and connected TV environments. By leveraging large-scale data analytics and machine learning algorithms, Criteo’s platform optimizes the timing, placement, and creative of ads to drive engagement and conversions.

At the core of Criteo’s offering is its dynamic retargeting solution, which enables advertisers to automatically generate and display personalized product recommendations based on user behavior.