Criteo (NASDAQ:CRTO) Given New $21.00 Price Target at Benchmark

Criteo (NASDAQ:CRTO) had its target price dropped by equities research analysts at Benchmark from $25.00 to $21.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the information services provider’s stock. Benchmark’s price objective would indicate a potential upside of 22.02% from the stock’s current price.

Several other analysts also recently commented on the stock. Citigroup restated a “buy” rating on shares of Criteo in a report on Tuesday, July 7th. Wedbush started coverage on Criteo in a report on Thursday, July 16th. They set an “outperform” rating and a $30.00 target price for the company. Morgan Stanley cut their price target on Criteo from $33.00 to $29.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 13th. Wells Fargo & Company reiterated an “equal weight” rating and set a $18.00 price objective (down from $34.00) on shares of Criteo in a report on Wednesday, May 6th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Criteo in a research note on Friday, July 17th. Six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Criteo has a consensus rating of “Hold” and a consensus target price of $25.80.

Criteo Trading Up 0.9%

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

Criteo (NASDAQ:CRTO) last announced its quarterly earnings results on Wednesday, August 5th. The information services provider reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.08. The company had revenue of $428.02 million for the quarter, compared to analysts’ expectations of $263.57 million. Criteo had a net margin of 6.06% and a return on equity of 14.98%. The business’s quarterly revenue was down 11.3% compared to the same quarter last year. During the same period last year, the firm posted $0.92 earnings per share. As a group, sell-side analysts anticipate that Criteo will post 3.21 EPS for the current fiscal year.

Insider Buying and Selling at Criteo

In other Criteo news, CFO Sarah Js Glickman sold 2,465 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $17.06, for a total value of $42,052.90. Following the sale, the chief financial officer owned 431,879 shares in the company, valued at approximately $7,367,855.74. The trade was a 0.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.52% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CRTO. Raymond James Financial Inc. bought a new position in shares of Criteo during the 2nd quarter valued at about $30,000. Jones Financial Companies Lllp lifted its holdings in Criteo by 1,376.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider’s stock worth $45,000 after buying an additional 1,184 shares during the period. WealthCollab LLC increased its position in Criteo by 147.5% during the 1st quarter. WealthCollab LLC now owns 1,371 shares of the information services provider’s stock valued at $25,000 after purchasing an additional 817 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of Criteo by 185.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,446 shares of the information services provider’s stock worth $30,000 after acquiring an additional 940 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in shares of Criteo by 142.3% in the 3rd quarter. Parallel Advisors LLC now owns 2,081 shares of the information services provider’s stock valued at $47,000 after purchasing an additional 1,222 shares during the period. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Criteo

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.