Stagwell (NASDAQ:STGW – Get Free Report) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.75-0.88 for the period, compared to the consensus earnings per share estimate of $0.84. The company issued revenue guidance of $3.068 billion, compared to the consensus revenue estimate of $2.97 billion.
Analyst Upgrades and Downgrades
STGW has been the topic of several research analyst reports. Rosenblatt Securities boosted their price target on shares of Stagwell from $9.00 to $10.00 and gave the company a “buy” rating in a report on Friday, February 28th. Wells Fargo & Company upgraded Stagwell from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $8.00 to $9.00 in a research note on Friday, February 21st. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $8.75.
Check Out Our Latest Stock Analysis on Stagwell
Stagwell Trading Down 1.0 %
Stagwell Company Profile
Stagwell Inc provides digital transformation, performance media and data, consumer insights and strategy, and creativity and communications services. The company operates through three segments: Integrated Agencies Network, Brand Performance Network, and Communications Network. It designs and builds digital platforms and experiences that support the delivery of content, commerce, service, and sales; creates websites, mobile applications, back-end systems, content and data management systems, and other digital environments; designs and implements technology and data strategies; and develops software and related technology products, including artificial intelligence (AI)-enabled communications, research, and media technology, cookie-less data platforms for advance targeting and activation, software tools for e-commerce applications, specialty media solutions in the augmented reality space, and text messaging applications for consumer engagement.
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