Nexxen Overview
Tremor International is an end-to-end, video-first advertising technology platform providing a valuable toolset for the entire customer journey. The company supports planning, activation, and optimization for omni-channel campaigns, with a deep reservoir of connected TV advertising solutions in its marketplace. Tremor also provides demand-side technology, unique data, and dynamic creative assets with its award-winning in-house Tr.ly studio. With Tremor, brands, agencies, and media companies can discover and reach strategic audiences, launch and optimize resonant campaigns, build powerful partnerships, and achieve meaningful results.
Cumulative Funding Raised Over Time ($)
—Aug 2013
$600KJan 2012
$53.2MJan 2018
Latest News
growth-positive
How Recent Developments Are Shaping Nexxen’s Story and Valuation
Nexxen International has recently been listed on Nasdaq and included in the Russell 3000 index, which is expected to increase investor awareness and engagement. Analysts have mixed views on the companys stock, with BTIG initiating coverage with a Buy rating but setting a price target below the consensus. Nexxen is expanding in the fast-growing connected TV ad market, licensing its ACR audience segments to Yahoo DSP and launching a Curated Marketplace. The company has also introduced a new capability for programmatically activating native Smart TV advertising inventory. Additionally, Nexxen completed a share buyback program, repurchasing nearly 5 million shares for $50 million.
Public TradingPartners
growth-positive
How Investors Are Reacting To Nexxen International (NEXN) Licensing ACR Audience Data to Yahoo DSP
On October 16, 2025, Nexxen announced a partnership with Yahoo DSP to license its automatic content recognition (ACR) audience segments. This collaboration allows advertisers in the U.S., U.K., and Germany to access advanced TV-viewing data targeting and audience insights. The partnership is part of Nexxens strategy to expand its footprint in data-driven advertising and diversify its revenue streams. Despite potential challenges from shrinking legacy business lines, Nexxen aims to drive growth through its CTV and data segments. The companys outlook anticipates significant revenue and earnings growth by 2028, with a fair value estimate indicating a substantial upside to its current price.
Partners
growth-positive
Nexxen’s ACR Audience Segments Licensed by Yahoo DSP for Activation
Nexxen International Ltd., a global advertising technology platform, has announced a partnership with Yahoo DSP to license its automatic content recognition (ACR) audience segments. This collaboration will make Nexxens ACR data available for targeting within Yahoo DSP in the U.S., U.K., and Germany. The partnership aims to provide advertisers with enhanced tools for targeting, offering insights into TV-viewing behavior and enabling more precise audience engagement. Nexxens ACR data will be integrated into Yahoo DSPs Unified TV Audience offering, providing a comprehensive view of household viewing behaviors. This move is expected to enhance Nexxens market reach and provide advertisers with a more holistic view of audience data.
Partners
growth-positive
Is Nexxen International (NasdaqGM:NEXN) Undervalued After Launching Its Curated Marketplace Solution?
Nexxen International has launched its Curated Marketplace solution, which aims to provide new monetization opportunities for data owners, publishers, and agencies. This move has positively impacted the companys stock, which saw a significant increase. The company has also expanded its partnership with VIDAA, securing exclusive access to valuable CTV inventory and ACR data. This partnership is expected to drive higher revenues and expand Nexxens market reach. The rapid deployment of Nexxens AI suite, nexAI, is enhancing customer efficiency and campaign outcomes, with further integration planned. Analysts suggest that Nexxen is currently undervalued, with a fair value significantly higher than its recent stock price.
Partners
growth-negative
How Analyst Views on Nexxen Are Shifting With New Growth Moves and Emerging Risks
Nexxen International has experienced a slight reduction in its consensus analyst price target, reflecting mixed perspectives on its growth prospects in the digital advertising sector. Analysts are divided, with some highlighting opportunities in connected TV advertising and improved cost controls, while others point to competitive pressures and regulatory challenges. The companys listing on a major U.S. exchange has increased its visibility, potentially boosting trading volumes. Despite some bullish sentiment, concerns about margin pressures and the ability to scale efficiently persist. The modest price target reduction indicates skepticism about near-term valuation growth unless significant revenue momentum is achieved.
| Sector | Business Software |
Funding
| Total funding | $103.1M |
| Last funding | Undisclosed |
| Stage | Public |
| Rounds | 5 |
| Investors | 1 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | nexxen.com |
| Careers | Careers page |
Locations
Yigal Alon St 82, Tel Aviv-Yafo, Israel
Singapore
Los Angeles, CA, USA
Ontario, Canada
Tokyo, Japan
Melbourne VIC, Australia
Chicago, IL, USA
London, UK
Sydney NSW, Australia
New York, NY, USA
Bellevue, WA, USA
Photos & Videos
2 item(s)
Nexxen Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Business SoftwareSales & Marketing SolutionsAdvertising PlatformsTarget Customer
Media & EntertainmentPublishingCore Technology
Artificial IntelligenceMachine LearningTags (13)
targetingcampaign-managementmachine-learningpublishersbig-data-analyticsmonetizationadvertisingmobile-advertisingvideo-advertisingartificial-intelligencebehavior-analyticsuser-acquisitionmedia-buyingGeographic Markets
GlobalNexxen Financials
$103.1M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Public
Funding stage
5
Total rounds
1
Investors
Cumulative Funding Raised Over Time ($)
—Aug 2013
$600KJan 2012
$53.2MJan 2018
Private Equity Funding
Undisclosed Round
Jan 2018
$52.6M
Undisclosed Round
Aug 2013
Undisclosed
Itzhak Fisher
Undisclosed Round
Jan 2012
$600K
Public Offering / Exit
POEvent
Jan 2024
Undisclosed
POEvent
May 2014
Undisclosed
Mergers & Acquisitions
MNAEvent
Jul 2022
$239M
MNAEvent
Jan 2020
Undisclosed
MNAEvent
Feb 2019
$176M
MNAEvent
Sep 2015
$17M
Nexxen Lifecycle
Cumulative Funding Raised Over Time
—Aug 2013
$600KJan 2012
$53.2MJan 2018
All Events
Undisclosed Round
Jan 2018
$52.6M
Undisclosed Round
Aug 2013
Undisclosed
Itzhak Fisher
Undisclosed Round
Jan 2012
$600K
POEvent
Jan 2024
Undisclosed
POEvent
May 2014
Undisclosed
MNAEvent
Jul 2022
$239M
MNAEvent
Jan 2020
Undisclosed
MNAEvent
Feb 2019
$176M
MNAEvent
Sep 2015
$17M
Nexxen News
221 articles
growth-positive
How Recent Developments Are Shaping Nexxen’s Story and Valuation
Nexxen International has recently been listed on Nasdaq and included in the Russell 3000 index, which is expected to increase investor awareness and engagement. Analysts have mixed views on the companys stock, with BTIG initiating coverage with a Buy rating but setting a price target below the consensus. Nexxen is expanding in the fast-growing connected TV ad market, licensing its ACR audience segments to Yahoo DSP and launching a Curated Marketplace. The company has also introduced a new capability for programmatically activating native Smart TV advertising inventory. Additionally, Nexxen completed a share buyback program, repurchasing nearly 5 million shares for $50 million.
Public TradingPartners
growth-positive
How Investors Are Reacting To Nexxen International (NEXN) Licensing ACR Audience Data to Yahoo DSP
On October 16, 2025, Nexxen announced a partnership with Yahoo DSP to license its automatic content recognition (ACR) audience segments. This collaboration allows advertisers in the U.S., U.K., and Germany to access advanced TV-viewing data targeting and audience insights. The partnership is part of Nexxens strategy to expand its footprint in data-driven advertising and diversify its revenue streams. Despite potential challenges from shrinking legacy business lines, Nexxen aims to drive growth through its CTV and data segments. The companys outlook anticipates significant revenue and earnings growth by 2028, with a fair value estimate indicating a substantial upside to its current price.
Partners
growth-positive
Nexxen’s ACR Audience Segments Licensed by Yahoo DSP for Activation
Nexxen International Ltd., a global advertising technology platform, has announced a partnership with Yahoo DSP to license its automatic content recognition (ACR) audience segments. This collaboration will make Nexxens ACR data available for targeting within Yahoo DSP in the U.S., U.K., and Germany. The partnership aims to provide advertisers with enhanced tools for targeting, offering insights into TV-viewing behavior and enabling more precise audience engagement. Nexxens ACR data will be integrated into Yahoo DSPs Unified TV Audience offering, providing a comprehensive view of household viewing behaviors. This move is expected to enhance Nexxens market reach and provide advertisers with a more holistic view of audience data.
Partners
growth-positive
Is Nexxen International (NasdaqGM:NEXN) Undervalued After Launching Its Curated Marketplace Solution?
Nexxen International has launched its Curated Marketplace solution, which aims to provide new monetization opportunities for data owners, publishers, and agencies. This move has positively impacted the companys stock, which saw a significant increase. The company has also expanded its partnership with VIDAA, securing exclusive access to valuable CTV inventory and ACR data. This partnership is expected to drive higher revenues and expand Nexxens market reach. The rapid deployment of Nexxens AI suite, nexAI, is enhancing customer efficiency and campaign outcomes, with further integration planned. Analysts suggest that Nexxen is currently undervalued, with a fair value significantly higher than its recent stock price.
Partners
growth-negative
How Analyst Views on Nexxen Are Shifting With New Growth Moves and Emerging Risks
Nexxen International has experienced a slight reduction in its consensus analyst price target, reflecting mixed perspectives on its growth prospects in the digital advertising sector. Analysts are divided, with some highlighting opportunities in connected TV advertising and improved cost controls, while others point to competitive pressures and regulatory challenges. The companys listing on a major U.S. exchange has increased its visibility, potentially boosting trading volumes. Despite some bullish sentiment, concerns about margin pressures and the ability to scale efficiently persist. The modest price target reduction indicates skepticism about near-term valuation growth unless significant revenue momentum is achieved.
growth-positive
Is Nexxen International Ltd. Sponsored ADR (NEXN) Stock Undervalued Right Now?
The article discusses Nexxen International Ltd. (NEXN), highlighting its strong position as a value stock. With a Zacks Rank #2 (Buy) and an A grade in the Value category, NEXN is considered undervalued based on its P/E and P/CF ratios compared to industry averages. The stocks P/E ratio is 8.59, while the industrys average is 9.71. Similarly, its P/CF ratio is 5.45, compared to the industrys 10.30. These metrics, along with a strong earnings outlook, suggest that NEXN is an attractive investment opportunity. The article emphasizes the potential for growth and value in NEXNs stock.
growth-positive
Nexxen’s Curated Marketplace Enables Partners to Unlock New Value from Data for Smarter Curation
Nexxen International Ltd., a global advertising technology platform, has announced the general availability of its Curated Marketplace solution. This platform allows data owners, publishers, curators, and agencies to monetize data assets over Nexxen’s premium supply. The Curated Marketplace enables partners to package, activate, and monetize data-driven private marketplace deals, either by using their first-party data or accessing various data sources through Nexxen’s Data Platform. This solution aims to simplify and enhance curation efforts, providing tools for optimization and measurement, thereby driving meaningful value at scale. Clients such as Multilocal, 33Across, and Audigent are utilizing this offering to enhance their data-driven deals.
Product StagePartnersCustomers
growth-positive
Nexxen Announces September 2025 Share Repurchase Program Summary
Nexxen International Ltd., a global advertising technology platform, announced the repurchase of 456,215 Ordinary Shares at an average price of $9.59 in September 2025. This move is part of a $50 million share repurchase program, with a new $20 million program initiated on September 19, 2025. As of September 30, 2025, Nexxen had 57,603,622 Ordinary Shares outstanding and $18.3 million remaining under its current authorization. The company, traded on NASDAQ, aims to empower advertisers and broadcasters with its flexible technology stack, including a demand-side platform and supply-side platform. Nexxens operations span globally, with headquarters in Israel and offices across the US, Canada, Europe, and Asia-Pacific.
PIPE/PO
growth-positive
Nexxen announces capability for programmatic native Smart TV activation
Nexxen has launched a new global capability to programmatically activate native Smart TV advertising inventory through its demand-side platform, Nexxen DSP. This innovation addresses the historical challenge of manual activation due to lack of ad specification standardization between OEMs. By streamlining the process, Nexxen offers brands a significant opportunity to deliver impactful messaging during viewers decision-making moments. Additionally, Nexxen has announced a $20 million share repurchase program and appointed Solomon as SVP, Product – Data. These strategic moves are expected to enhance Nexxens market position and attract investor interest.
Product StageManagement Changes
growth-positive
Nexxen First to Market with Programmatic Native Smart TV Activation
Nexxen, a global advertising technology platform, has announced the capability to programmatically activate native Smart TV advertising inventory through its demand-side platform, Nexxen DSP. This innovation allows advertisers to target viewers effectively during their decision-making moments on Smart TV home screens. Historically, activating these units was a manual and lengthy process, but Nexxen has streamlined it by connecting its DSP and SSP. This development opens new advertising opportunities for brands and TV manufacturers. At launch, native Smart TV advertising supply from VIDAA, the operating system for Hisense, Toshiba, and other OEMs, will be exclusively available in Nexxen DSP.
PartnersCustomers
growth-positive
Nexxen Launches New $20 Million Ordinary Share Repurchase Program
Nexxen International Ltd., a global advertising technology platform, announced a new $20 million Ordinary Share repurchase program. This follows the completion of a previous $50 million repurchase program. The new program will continue until March 19, 2026, or until completion. The program allows Nexxen to repurchase shares at its discretion, which will be held as dormant shares under Israeli law. Nexxens technology stack includes a demand-side platform and supply-side platform, with a focus on data and advanced TV. The company is headquartered in Israel and operates globally, with offices in the US, Canada, Europe, and Asia-Pacific. The announcement is seen as a positive move for the companys growth.
growth-positive
Nexxen Taps Eric Solomon to Advance Data Platform and Solutions Strategy
Nexxen, a global advertising technology platform, has appointed Eric Solomon as Senior Vice President, Product – Data. This move underscores Nexxens commitment to data-led growth and innovation. Solomon will lead the evolution of the Nexxen Data Platform, which integrates demand- and supply-side solutions, using AI to enhance audience insights and performance. With a background in product transformation at Criteo and Nielsen, Solomon is expected to advance Nexxens data platform, delivering greater value for customers. Nexxens technology stack, including DSP and SSP, empowers advertisers and media companies to leverage data and advanced TV effectively.
Management Changes
growth-positive
Is Nexxen International Ltd. Sponsored ADR (NEXN) a Great Value Stock Right Now?
The article discusses Nexxen International Ltd. Sponsored ADR (NEXN), highlighting its current status as a strong value stock. The company has a Zacks Rank #2 (Buy) and a Value grade of A, indicating its attractiveness to value investors. NEXN is trading at a P/E ratio of 8.74, which is lower than its industrys average P/E of 9.35, suggesting it is undervalued. Additionally, its P/CF ratio of 5.54 is favorable compared to the industry average of 9.87. These metrics, combined with a solid earnings outlook, make NEXN a compelling choice for value investors.
growth-positive
Nexxen Announces August 2025 Share Repurchase Program Summary
Nexxen International Ltd., a global advertising technology company, announced the repurchase of 460,000 Ordinary Shares at an average price of $9.82 during August 2025. As of August 31, 2025, the company had 57,657,924 Ordinary Shares outstanding and approximately $2.7 million remaining under its current share repurchase program. Nexxen plans to initiate a new $20 million Ordinary Share repurchase program following the completion of the current one. The company, which operates a demand-side platform and supply-side platform, is headquartered in Israel and has offices across the US, Canada, Europe, and Asia-Pacific. Nexxen is traded on Nasdaq under the ticker NEXN.
Public Trading
growth-positive
Does Nexxen International Ltd. Sponsored ADR (NEXN) Have the Potential to Rally 53.34% as Wall Street Analysts Expect?
Shares of Nexxen International Ltd. have seen a slight increase of 0.1% over the past four weeks, closing at $10.03. Analysts have set a mean price target of $15.38, suggesting a potential upside of 53.3%. The estimates range from $14.00 to $18.00, indicating a 39.6% to 79.5% increase from the current price. Despite skepticism about the reliability of price targets, the consensus among analysts suggests a positive earnings trend, which could further boost the stock. Analysts often set optimistic targets due to business incentives, but a low standard deviation in estimates suggests agreement on the stocks potential direction.
growth-positive
Here is Why Growth Investors Should Buy Nexxen International Ltd. Sponsored ADR (NEXN) Now
Nexxen International Ltd. Sponsored ADR is highlighted as a promising growth stock, recommended by the Zacks Growth Style Score system. The company boasts a favorable Growth Score and a top Zacks Rank, indicating strong growth prospects. Nexxens projected EPS growth of 17.2% this year surpasses the industry average of 13.1%, and its year-over-year cash flow growth of 21.5% is significantly higher than the industry average of -14.6%. These factors, combined with a historical cash flow growth rate of 24.4% over the past 3-5 years, make Nexxen an attractive option for growth investors seeking above-average returns.
growth-positive
Nexxen Wins Best Cookieless Identification Technology at the 2025 Digiday Technology Awards, Showcasing Leadership in Privacy-First Data Innovation
Nexxen International Ltd., a global advertising technology platform, has been recognized for its AI-powered tool, Nexxen Discovery, which won the Best Cookieless Identification Technology at the 2025 Digiday Technology Awards. The tool leverages AI and data-driven solutions to enhance advertising operations and decision-making, moving beyond third-party cookies to provide richer insights and audience activation. Nexxens approach supports all major IDs and redefines identity through AI-powered signals. The company also received finalist honors for Best Data Management Platform and Best Buy-Side Programmatic Platform, highlighting its strength in data and buy-side performance. Nexxen is headquartered in Israel and traded on NASDAQ.
growth-positive
Nexxen Seeks Authorization for New $20 Million Ordinary Share Repurchase Program
Nexxen International Ltd. announced plans for a new $20 million Ordinary Share repurchase program, reflecting confidence in its long-term growth prospects. The company also plans to invest an additional $35 million in VIDAA to support its North American CTV expansion. Nexxen aims to enhance its AI capabilities and explore strategic opportunities to expand its monetizable data assets. The new repurchase program is contingent upon a 30-day creditor objection period and lender consent. The company is focused on long-term growth and shareholder value creation through a balanced capital allocation strategy.
Investment
growth-positive
Nexxen Reports Second Quarter 2025 Financial Results
Nexxen International Ltd. reported strong financial results for Q2 2025, with record contributions in programmatic and CTV revenues. The company increased its Adjusted EBITDA Margin and renewed its strategic partnership with VIDAA, investing an additional $35 million to enhance their North American CTV and data presence. Nexxens focus on integrating advanced advertising technology, AI, and data has bolstered its platforms performance and market position. The partnership with VIDAA is expected to support Nexxens long-term CTV strategy and expand its competitive edge in data and CTV markets.
PartnersInvestment
growth-positive
Nexxen Renews and Expands its Strategic Partnership with VIDAA, with a Focus on Growing VIDAA’s North American CTV Footprint
Nexxen International Ltd. has announced the renewal and expansion of its strategic partnership with VIDAA, a leading Connected TV platform. The agreement extends Nexxens global exclusivity on VIDAAs ACR data and grants ad monetization exclusivity in North America through 2029. Nexxen is investing an additional $35 million to accelerate VIDAAs expansion in North America, focusing on increasing ad inventory and ACR data scale. This partnership aims to enhance TV distribution and revenue opportunities, providing Nexxens clients with exclusive access to unique advertising inventory. The benefits of this agreement are expected to take effect in 2026.
PartnersInvestment
growth-positive
Nexxen to Participate in Upcoming Financial Conferences
Nexxen International Ltd., a global advertising technology platform, announced its participation in upcoming financial conferences. The company will engage in fireside chats at the Canaccord Genuity Annual Growth Conference in Boston and the Rosenblatt Annual Technology Summit virtually. These events aim to strengthen investor relations and showcase Nexxens capabilities in data and advanced TV. The company offers a flexible technology stack, including a demand-side platform and supply-side platform, designed to empower advertisers, agencies, publishers, and broadcasters. Nexxen is headquartered in Israel and operates globally, with its shares traded on Nasdaq. The participation in these conferences is expected to positively impact the companys growth by enhancing its visibility and investor engagement.
growth-positive
Nexxen Announces July 2025 Share Repurchase Program Summary
Nexxen International Ltd., a global advertising technology platform, announced the repurchase of 880,000 Ordinary Shares at an average price of $10.41 during July 2025. As of July 31, 2025, the company had 58,061,174 Ordinary Shares outstanding and approximately $7.2 million remaining under its current share repurchase program authorization. Nexxens technology stack includes a demand-side platform and supply-side platform, with a focus on data and advanced TV. The company is headquartered in Israel and operates globally, with offices in the United States, Canada, Europe, and Asia-Pacific. Nexxen is publicly traded on Nasdaq under the ticker NEXN.
growth-positive
Nexxen to Announce Second Quarter 2025 Financial Results on August 13, 2025
Nexxen International Ltd., a global advertising technology platform, is set to release its financial results for the three and six months ended June 30, 2025. The announcement will be made before the U.S. market opens on August 13, 2025, followed by a webcast and conference call to discuss the results and future outlook. Nexxen, which operates a demand-side platform and supply-side platform, is headquartered in Israel and has offices worldwide. The company is publicly traded on Nasdaq under the ticker NEXN. This announcement is expected to positively impact the companys growth by providing insights into its financial health and strategic direction.
growth-positive
Nexxen Bolsters Commercial Leadership with Enterprise and Data Hires
Nexxen International Ltd., a global advertising technology platform, announced the appointment of Irina Katsnelson as Senior Vice President of Enterprise Sales and Oscar Rondon as Vice President of Data and Measurement Solutions. These strategic hires aim to accelerate the adoption of Nexxens demand-side platform (DSP) and enhance its TV Intelligence (TVI) offering. Katsnelson, with a background in leading sales teams, will focus on driving new business growth, while Rondon will manage the commercial strategy for TVI, leveraging data to optimize advertising campaigns. The appointments reflect Nexxens commitment to expanding its commercial strategy and strengthening its market presence.
Management Changes
growth-positive
Nexxen Expected to Expand its CTV OEM Relationships and ACR Data Reach in Europe Through Vestel’s Strategic Partnership with VIDAA
Nexxen International Ltd. announced a strategic partnership with VIDAA, which will serve as the smart TV operating system for Vestels CTV OEM base. This partnership is expected to expand VIDAAs reach in Europe, benefiting Nexxens long-term strategic goals. Nexxen holds a 2.439% stake in VIDAA and has signed a non-binding MOU to potentially extend and expand their partnership. Vestels investment in VIDAA aligns with Nexxens previous $25 million investment in August 2022. The collaboration aims to enhance Nexxens data and media offerings in the European CTV advertising market.
PartnersInvestment
growth-positive
Nexxen Announces June 2025 Share Repurchase Program Summary
Nexxen International Ltd., a global advertising technology platform, announced the repurchase of 800,000 Ordinary Shares at an average price of $10.45 during June 2025. As of June 30, 2025, the company had 58,941,174 Ordinary Shares outstanding, excluding treasury shares, and approximately $16.4 million remaining under its current share repurchase program authorization. Nexxens technology stack includes a demand-side platform and supply-side platform, with a focus on data and advanced TV. The company is headquartered in Israel and operates globally, with offices in the United States, Canada, Europe, and Asia-Pacific. Nexxen is publicly traded on Nasdaq under the ticker NEXN.
growth-positive
All You Need to Know About Nexxen International Ltd. Sponsored ADR (NEXN) Rating Upgrade to Strong Buy
Nexxen International Ltd. Sponsored ADR has recently been upgraded to a Zacks Rank #1 (Strong Buy), indicating a positive outlook for the companys earnings. This upgrade reflects an upward trend in earnings estimates, which is a significant factor influencing stock prices. The Zacks rating system, which relies on changes in earnings estimates, is highly regarded for its ability to predict near-term stock movements. The upgrade suggests an improvement in Nexxens underlying business, likely leading to increased investor interest and a potential rise in stock price. The Zacks Rank system has a strong track record, with Rank #1 stocks historically generating substantial returns.
growth-positive
Nexxen Announces May 2025 Share Repurchase Program Summary
Nexxen International Ltd., a global advertising technology company, announced the repurchase of 1,260,000 Ordinary Shares at an average price of $11.30 during May 2025. This move is part of their ongoing share repurchase program, with $24.8 million remaining under the current authorization. Nexxen, traded on NASDAQ, offers a flexible technology stack that includes a demand-side platform and a supply-side platform, empowering advertisers and broadcasters worldwide. The company emphasizes its capabilities in data and advanced TV, aiming to help partners achieve diverse goals. Nexxen is headquartered in Israel and operates globally. The announcement includes forward-looking statements about future financial results and share repurchase plans.
growth-positive
Nexxen Announces Transition to Reduced $50 Million Revolving Credit Facility
Nexxen International Ltd., a global advertising technology platform, announced an amendment to its revolving credit facility, reducing the committed size from $90 million to $50 million and extending the maturity to September 2027. This move is aimed at providing ample liquidity to support ongoing business needs and future strategic investments. Nexxens technology stack includes a demand-side platform and supply-side platform, empowering advertisers, agencies, publishers, and broadcasters worldwide. The company is headquartered in Israel and operates globally, with a strong presence in the US, Canada, Europe, and Asia-Pacific. The amendment is seen as a strategic step to ensure financial flexibility and support growth initiatives.
Investment
growth-positive
Nexxen Announced as a Preliminary Addition to the Russell 3000 Index
Nexxen International Ltd., a global advertising technology platform, has been named a preliminary addition to the Russell 3000 Index, with final inclusion expected on June 30, 2025. This milestone highlights Nexxens growth trajectory and increased visibility among U.S. investors. The companys strategic shift to a streamlined trading structure, including the exchange of Nasdaq-listed ADRs for Ordinary Shares, played a crucial role in meeting the eligibility criteria for index inclusion. Nexxens technology platform empowers advertisers, agencies, publishers, and broadcasters worldwide, offering a comprehensive suite of services for data and advanced TV utilization.
growth-positive
Nexxen enters MOU with Vidaa to expand strategic partnership
Nexxen has entered into a non-binding memorandum of understanding (MOU) with Vidaa to potentially extend and expand their strategic partnership beyond 2026. The MOU grants Nexxen exclusive global access to Vidaa’s Automatic Content Recognition data and expands its ad monetization exclusivity to include display ads in North America. Additionally, Nexxen may invest further in Vidaa to accelerate the expansion of Vidaa’s smart TV footprint in the U.S. The agreement is subject to negotiation and execution of definitive agreements and customary closing conditions.
Partners
growth-positive
nexAI Transforms Audience Planning and Discovery
Nexxen International Ltd. has announced the integration of generative AI into its Nexxen Data Platform, enhancing its capabilities in campaign strategy development. This advancement, known as nexAI, leverages machine learning to automate the translation of complex consumer data into actionable audience profiles and campaign plans. The integration aims to improve speed, efficiency, and accessibility of data, providing unique insights that differentiate Nexxen from traditional market research platforms. Brands like LG Ad Solutions are utilizing this technology to enhance their understanding of audience behavior and improve campaign activation strategies. The development is expected to streamline workflows and enhance the strategic capabilities of advertisers and agencies.
Product StageCustomers
growth-positive
Nexxen and VIDAA Sign Non-Binding MOU to Extend and Expand Strategic Partnership
Nexxen International Ltd. has announced a non-binding memorandum of understanding (MOU) with VIDAA to potentially extend and expand their strategic partnership. This agreement would allow Nexxen to retain exclusive global access to VIDAA’s Automatic Content Recognition (ACR) data and expand its ad monetization exclusivity to include display ad monetization across VIDAA’s media in North America. The MOU also outlines a potential additional investment by Nexxen in VIDAA to accelerate the expansion of VIDAA’s smart TV footprint in the U.S. The agreement is non-binding and subject to further negotiation and execution of definitive agreements.
Partners
growth-positive
Nexxen Issues a Reminder for its Upcoming Investor Day on May 22, 2025
Nexxen International Ltd., a global advertising technology platform, is hosting an Investor Day on May 22, 2025, in New York City. The event will provide a comprehensive overview of the companys strategic vision, financial growth outlook, product suite, and upcoming innovations. It will feature an industry outlook session, a customer panel discussion, and a Q&A session with executive leadership. The event will be held both in-person and virtually, with the virtual live stream open to the public. Nexxens technology stack includes a demand-side platform and supply-side platform, with a focus on data and advanced TV.
growth-positive
Nexxen Reports First Quarter 2025 Financial Results
Nexxen International Ltd. reported strong financial results for Q1 2025, driven by significant growth in CTV revenue and Adjusted EBITDA. The company achieved record Q1 Contribution ex-TAC and programmatic revenue, with CTV revenue increasing by 40% year-over-year. Nexxen completed a $50 million share repurchase program and launched another $50 million repurchase initiative. The company is leveraging its AI-powered data and technology solutions, including the recent launch of nexAI, to enhance customer workflows and drive growth. Nexxens financial health is robust, with substantial cash reserves and no long-term debt, positioning it well for continued expansion.
growth-positive
Workday Stock Gets Relative Strength Rating Bump
The article discusses a recent upgrade in the Relative Strength Rating for Workday, indicating an improvement in its technical stock performance. This upgrade suggests a positive outlook for the companys stock, though it remains to be seen if this trend will continue. The article is brief and focuses on the stock market performance aspect of Workday.
growth-positive
Nebius Group Stock Earns 84 RS Rating
Nebius Group has experienced a positive shift in its stock performance, as evidenced by an upgrade in its IBD Relative Strength Rating from 77 to 84. This improvement indicates a stronger price performance, suggesting a growth-positive outlook for the company. The article highlights the companys rising stock performance as a key factor in this upgrade.
growth-positive
Nexxen Announces April 2025 Share Repurchase Program Summary
Nexxen International Ltd., a global advertising technology platform, announced the completion of its previous $50 million share repurchase program and the launch of a new $50 million ongoing share repurchase program. The program, which began in April 2025, allows the company to repurchase shares at its discretion until November 19, 2025, or until completion. As of April 30, 2025, Nexxen had 60,713,596 outstanding shares and $39 million remaining under the current repurchase authorization. The companys technology stack includes a demand-side platform and a supply-side platform, with a focus on data and advanced TV. Nexxen is headquartered in Israel and operates globally, with a presence in the US, Canada, Europe, and Asia-Pacific.
growth-positive
Nexxen to Announce First Quarter 2025 Financial Results on May 14, 2025
Nexxen International Ltd., a global advertising technology platform, is set to release its financial results for the first quarter of 2025 on May 14. The company will host a webcast and conference call to discuss these results and its future outlook. Nexxen offers a flexible technology stack that includes a demand-side platform and supply-side platform, with a focus on data and advanced TV. The company operates globally, with headquarters in Israel and offices across the US, Canada, Europe, and Asia-Pacific. Nexxen is publicly traded on Nasdaq under the ticker NEXN.
growth-positive
Nexxen to Host Inaugural Investor Day on May 22, 2025
Nexxen International Ltd., a global advertising technology platform, announced its inaugural investor day scheduled for May 22, 2025, in New York City. The event will provide a comprehensive overview of Nexxens strategic vision, financial growth outlook, product suite, and upcoming innovations. The event will feature presentations by Nexxens CEO, Ofer Druker, and other executive leaders, as well as sessions with customers and a Q&A segment. The investor day will be accessible both in-person and virtually, with the virtual live stream open to the public. Nexxens technology stack includes a demand-side platform and supply-side platform, empowering advertisers and broadcasters worldwide.
growth-positive
Nexxen Advances AI Capabilities, Launches ‘nexAI’
Nexxen International Ltd., a global advertising technology platform, has launched nexAI, a suite of AI-powered assistants and features integrated across its platform. This development aims to enhance every stage of the advertising life cycle, from planning to monetization. nexAI uses machine learning and generative AI to improve audience planning, campaign activation, optimization, and monetization. The platforms unified ecosystem, which includes a demand-side platform, supply-side platform, and data platform, is further strengthened by these AI capabilities. This launch is expected to provide advertisers, agencies, and publishers with superior results by offering greater efficiency and transparency.
growth-positive
Nexxen International Ltd (NEXN) Q4 2024 Earnings Call Highlights: Record Growth and Strategic ...
Nexxen International Ltd reported record quarterly and annual financial results for 2024, with significant growth in programmatic and CTV revenues. The integration of Amobee in 2023 has strengthened Nexxens enterprise DSP capabilities and offerings in the CTV market. The company plans to enhance its AI capabilities in 2025 to improve platform usability and targeting precision. Despite strong growth, Nexxen faces challenges such as a decrease in mobile video revenue and a fragile macroeconomic environment. The company is also considering transitioning from IFRS to US GAAP accounting, which may involve complexities.
AcquisitionAI technology developing/using
growth-positive
Nexxen Launches Health Offering to Reach Key Audiences with Accuracy and Scale
Nexxen International Ltd. has launched Nexxen Health, a new advertising platform aimed at health advertisers. This platform allows for data-driven campaigns across various formats, including display, linear, and Connected TV, while ensuring privacy compliance. A key feature of this offering is its integration with PurpleLab, a healthcare analytics company. This partnership enhances the accuracy of pharmaceutical advertising campaigns by leveraging PurpleLabs extensive medical and pharmaceutical claims database. Nexxens platform offers precise audience discovery and real-time measurement, with optimization features expected in 2025. The integration is praised by industry professionals, such as Klick Health, for its potential to improve campaign reach and accuracy.
Partners
growth-positive
Nexxen Announces March 2025 Share Repurchase Program Summary
Nexxen International Ltd., a global advertising technology platform, announced the repurchase of 1,498,918 Ordinary Shares at an average price of $7.96 as part of its ongoing $50 million share repurchase program. As of March 31, 2025, the company had 62,566,192 Ordinary Shares outstanding and approximately $5.5 million remaining under its current authorization. Nexxen plans to launch a new $50 million repurchase program starting May 19, 2025, or upon completion of the current program. The company emphasizes its commitment to transparency and shareholder-friendly capital allocation by providing monthly updates on share repurchases. Nexxens technology stack includes a demand-side platform and supply-side platform, empowering advertisers and broadcasters worldwide.
growth-positive
Nexxen Expands U.S. Partnership with Tubi to U.K.
Nexxen International Ltd. has announced an expansion of its partnership with Tubi, Fox Corporation’s ad-supported streaming service, to enhance advertiser engagement and monetization in the U.K. streaming market. This strategic partnership will leverage Nexxens supply-side platform to increase programmatic advertising revenue opportunities for Tubi, which launched in the U.K. in July 2024. The U.K. connected TV market has seen significant growth, with a 49% increase in viewing time in 2024. Nexxens advanced advertising technology will support Tubis extensive content library, which includes over 30,000 films and TV episodes. This expansion is expected to attract significant interest from advertisers and agencies, further solidifying Tubis presence in the U.K. market.
Partners
growth-positive
Executive Appointments Strengthen Nexxen’s Data, Streaming and Omnichannel Expertise
Nexxen International Ltd., a global advertising technology platform, has announced the appointment of four new executives to enhance its business development, enterprise sales, and client services in the U.S. and globally. The new hires, with extensive experience in data, streaming, and advanced TV, are expected to drive growth and client success. Dianne Cairoli and Jessica Curry will oversee sales and client success in the Southern and Central U.S. regions, respectively. Jaan Janes will lead global growth strategy, focusing on monetizing display and online video, while Michael Lewis will focus on enterprise client relationships. These strategic hires underscore Nexxens commitment to forging partnerships that deliver value and results for its clients.
Management ChangesPartners
growth-positive
Nexxen Reports Fourth Quarter and Full Year 2024 Financial Results
Nexxen International Ltd., a global advertising technology platform, reported significant financial growth for Q4 2024 and the full year. The company achieved record quarterly and annual revenues in Contribution ex-TAC, programmatic, and CTV segments, with notable year-over-year growth percentages. Adjusted EBITDA also saw substantial growth, reflecting improved margins. Nexxen simplified its stock exchange structure and announced a new $50 million share repurchase program. The company ended 2024 with strong cash reserves and no long-term debt, having repaid a $100 million debt earlier in the year. The financial results highlight Nexxens robust performance and strategic financial management.
growth-positive
Nexxen to Announce Fourth Quarter 2024 Financial Results on March 5, 2025
Nexxen International Ltd., a global advertising technology platform, announced it will release its financial results for the three and twelve months ended December 31, 2024, on March 5, 2025. The company will host a webcast and conference call to discuss these results and its future outlook. Nexxens technology stack includes a demand-side platform and supply-side platform, with a focus on data and advanced TV. The company operates globally, with headquarters in Israel and offices across the United States, Canada, Europe, and Asia-Pacific. Nexxen is publicly traded on NASDAQ under the ticker NEXN.
growth-positive
Nexxen Completes Stock Exchange and Trading Structure Changes
Nexxen International Ltd., a global advertising technology platform, has completed significant changes to its stock exchange and trading structure. The company executed a reverse split of its Ordinary Shares and transitioned to a sole U.S. Ordinary Share listing on Nasdaq, terminating its ADR facility and delisting from AIM. This move aims to attract U.S. investors, increase trading volume, and improve financial data platform screening. Nexxens $50 million Ordinary Share repurchase program will continue on Nasdaq until May 19, 2025. CEO Ofer Druker believes these changes will benefit the company and its shareholders by increasing its presence in the U.S. market.
Public Trading
growth-positive
3 UK Stocks Estimated To Be Up To 48.2% Below Intrinsic Value
Nexxen International Ltd. is highlighted as an undervalued stock in the UK market, trading significantly below its estimated fair value. The company, which offers a software platform connecting advertisers and publishers, has recently become profitable and is expected to see robust earnings growth of 38.72% annually over the next three years. Nexxens revenue is also projected to grow at 9.2% annually, outpacing the UK market average. Strategic initiatives include the launch of Nexxen U for industry education and a $50 million share buyback program. These factors suggest a positive growth outlook for Nexxen International.
growth-positive
IDOX And 2 Other High Growth Tech Stocks In The UK
IDOX plc, a software and services provider for local governments and organizations, is highlighted as a high-growth tech stock amid challenges in the UK stock market. The company has a market cap of £269.03 million and generates revenue from segments like Land Property & Public Protection, Communities, and Assets. Despite a slight dip in net income, IDOXs sales surged by nearly 20% to GBP 87.6 million, driven by strong market demand and operational efficiency. The company secured a €2.8 million contract for election services in Malta and a £2.4 million deal with North Yorkshire Council, reflecting its commitment to innovation and expansion in digital services.
CustomersPartners
growth-positive
Nexxen International Ltd. (LON:NEXN) is a favorite amongst institutional investors who own 53%
The article discusses the significant influence institutional investors have on Nexxen International Ltd., with institutions holding 53% of the companys shares. The top five shareholders, including Mithaq Capital, Toscafund Limited, and News Corporation, own a combined 53% of the company. This substantial institutional ownership suggests a positive outlook for the company, as it indicates credibility within the investment community. However, the article also warns of the risks associated with crowded trades when multiple institutions own a stock. Hedge funds, which own 10% of Nexxen, are noted for their active investment strategies, potentially impacting the companys share price.
growth-positive
Nexxen Fuels Growth with Live Sports Offerings and Key Partnerships, Reaching Highly Engaged Audiences Across Channels
Nexxen International Ltd., an advertising technology platform, announced advancements in its live sports offerings and new partnerships with publishers and DSPs. The company saw a 315% increase in spend on live sports packages from StackAdapt campaigns. Nexxens partnerships with FOX Sports, FuboTV, DirecTV, FanDuel Sports Network, and StackAdapt enable advertisers to reach engaged audiences and monetize inventory effectively. The collaboration has led to increased revenue for partners like FanDuel Sports Network. Nexxens strategy aims to address the fragmented nature of live sports viewing and drive revenue growth across channels.
PartnersCustomers
growth-positive
Griffin Mining And 2 Other Promising Penny Stocks On The UK Exchange
Griffin Mining Limited, a mining and investment company, has shown significant growth with a 116.5% increase in earnings over the past year, surpassing the industry average. The company operates debt-free and has improved its net profit margins from 7.6% to 13.2%. Despite mixed production metrics, Griffin Minings financial health remains strong, with short-term assets covering liabilities. The resumption of activities at its Caijiaying Mine after regulatory approval in January 2025 marks a positive development. The companys focus on mining, exploration, and development of mineral properties continues to drive its robust financial performance.
growth-positive
Exploring 3 High Growth Tech Stocks in the United Kingdom
IDOX plc, a UK-based tech firm, is making significant strides in the digital modernization of local government services. The company has recently secured a EUR 2.8 million contract in Malta and a £2.4 million deal with North Yorkshire Council, positioning itself as a key player in streamlining governance processes through technology. With an anticipated revenue increase of approximately 20% to £87.6 million and recurring revenue growth to about £54 million, IDOXs financial outlook is robust. These developments highlight the companys pivotal role in enhancing service delivery amidst governmental restructuring efforts across the UK, setting the stage for sustained growth in an evolving market landscape.
CustomersPartners
growth-positive
What Does Nexxen International Ltd.'s (LON:NEXN) Share Price Indicate?
Nexxen International Ltd. (LON:NEXN) has experienced a significant increase in its stock price on the AIM, reaching its highest trading levels in the past year. Despite this, the companys price-to-earnings ratio is significantly higher than the industry average, suggesting that the stock may be overvalued. However, the companys earnings are expected to double in the coming years, indicating strong growth potential. This optimistic outlook suggests that the current high share price may be justified. Investors are advised to monitor the stock for potential price declines due to its high volatility, which could present buying opportunities. Overall, Nexxen Internationals future growth prospects appear promising.
growth-positive
Nexxen Launches Nexxen U, a First-of-its-Kind Education Program for Linear, Connected TV and Digital Convergence
Nexxen International Ltd. has launched Nexxen U, a global education program aimed at enhancing knowledge in linear, Connected TV (CTV), and digital convergence. The program features courses taught by industry experts from companies like KINESSO, LG Ad Solutions, and Tinuiti. An Honors Council, consisting of thought leaders from various sectors, will help shape Nexxens product roadmap. The initiative addresses the knowledge gap in programmatic linear components, as a survey revealed that many buyers lack confidence and time to learn about these areas. Nexxen U aims to equip students with skills to build cross-channel media plans and understand industry challenges and opportunities. The program is supported by research reports, playbooks, and webinars.
growth-positive
Nexxen price target raised to $13 from $11 at RBC Capital
RBC Capital has raised its price target for Nexxen to $13 from $11, maintaining an Outperform rating as part of a positive 2025 outlook for the software sector. The firm anticipates that the software industry will benefit from various catalysts, including stabilized spending trends and innovations driven by generative artificial intelligence. Nexxen is highlighted as a non-consensus idea alongside other notable companies in the sector. Additionally, Nexxen plans to launch a $50 million share repurchase program. The article suggests a growth-positive outlook for Nexxen, supported by analyst recommendations and strategic financial moves.
growth-negative
3 Promising Penny Stocks On UK Exchange With Market Cap Under £600M
Condor Gold Plc, a gold exploration and development company operating in the UK and Nicaragua, is facing financial challenges despite having experienced management and being debt-free. The company is pre-revenue with a market cap of £59.29 million and is currently unprofitable with declining earnings over the past five years. Recent developments include an acquisition proposal by Metals Exploration plc valued at £67.5 million, expected to complete in Q1 2025. Condor Gold has less than a year of cash runway and faces shareholder dilution and high share price volatility, although its short-term assets exceed liabilities, indicating some financial stability.
Acquired-by
growth-positive
Nexxen Taps Carine Spitz to Lead Sales and Client Services for the West Coast
Nexxen International Ltd., a global advertising technology platform, has appointed Carine Spitz as Vice President of Sales and Client Services for the West Coast. With over 20 years of industry experience, Spitz is expected to enhance Nexxens engagement with premium brands and holding companies. Her expertise in online video and connections with major brands and streaming platforms are anticipated to bring valuable new partnerships to Nexxen. The company is known for its flexible and unified technology stack, which includes a demand-side platform and supply-side platform, aimed at empowering advertisers, agencies, publishers, and broadcasters worldwide. This strategic appointment is seen as a positive step towards driving Nexxen’s growth in digital and multi-platform environments.
Management ChangesPartners
growth-positive
Those who invested in Nexxen International (LON:NEXN) five years ago are up 161%
Nexxen International Ltd. has experienced significant growth in its share price, rising 161% over the last five years and 38% in the last quarter. The company transitioned from a loss to profitability, which has been a key factor in its share price increase. Over the past year, shareholders have seen a total return of 111%, surpassing the annualized return of 21% over the past five years. This suggests that the company is performing better recently. The article emphasizes the importance of evaluating the companys earnings per share (EPS) growth and other valuation metrics to assess its future potential.
growth-positive
IDOX And 2 Promising UK Tech Stocks With High Growth Potential
IDOX plc, a company offering software and services to manage local government and other organizations, is experiencing a transformative phase with strategic executive appointments and robust financial forecasts. The company projects a significant revenue increase to approximately £87.6 million for FY 2024, up about 20% from the previous year, with recurring revenues also rising. This growth is supported by R&D investments and new leadership, such as Alex Wrottesley in the Geospatial Division. IDOX is strategically positioned to capitalize on expanding tech demands and enhance shareholder value through focused operational strategies.
Management ChangesProduct Stage
growth-positive
Nexxen and MAGNA Report Finds Using Audience Data to Inform CTV Creative Optimization Increases Lower Funnel Impact
Nexxen International Ltd., in collaboration with MAGNA, released a report highlighting the importance of audience data in enhancing the relevance and effectiveness of ads on streaming TV. The study revealed that optimized ads can significantly increase search and purchase intent among consumers. Despite the growth of audience data, many viewers still find Connected TV ads irrelevant. The report suggests that brands can improve ad resonance by using audience data to optimize creative content, which can be done without overhauling existing ads. This approach can lead to better campaign performance and reduced wasted ad spend.
Tremor International Ltd. is Now Nexxen International Ltd.
growth-positive
Can Pricing Aid Molson Coors' (TAP) Q3 Earnings Amid Inflation?
Molson Coors Beverage Company is expected to report top and bottom-line growth for its third-quarter 2023 earnings. The companys revenues are estimated at $3.2 billion, a 10.5% increase from the previous year. Earnings per share are expected to increase by 15.9% from the previous year. The company has seen growth in its core brands and has been investing in its brands and capabilities. However, the company has been facing inflationary pressures and lower brand and financial volume.
CustomersInvestment
growth-positive
Molson Coors Brewing (TAP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Molson Coors Brewing is expected to report a year-over-year increase in earnings and higher revenues for the quarter ended September 2023. The earnings report, due to be released on November 2, 2023, could potentially impact the companys near-term stock price. The beer maker is expected to post quarterly earnings of $1.52 per share, representing a year-over-year change of +15.2%. Revenues are expected to be $3.25 billion, up 10.6% from the year-ago quarter. The companys Earnings ESP is +0.89%, indicating a likely earnings beat.
InvestmentPublic Trading
growth-positive
Colgate (CL) Poised for Q3 Earnings Beat on Business Momentum
Colgate-Palmolive Company is expected to report top and bottom-line growth for its third-quarter 2023 numbers. The companys third-quarter revenues are estimated at $4.8 billion, indicating a rise of 8.3% from the prior-year quarter. Earnings per share are expected to grow by 8.1% from the prior-year quarter. The companys performance is likely to have been driven by solid consumer demand for personal care, hygiene and home care products, and its focus on innovation, premiumization, and digital transformation. However, the company has been facing headwinds related to rising raw and packaging material costs, and additional pricing.
Customers
growth-positive
Will FEMSA (FMX) Beat on Q3 Earnings Despite Cost Woes?
Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is expected to report a 22.2% growth in its third-quarter 2023 earnings, with revenues estimated at $11.2 billion, a 32.2% increase from the previous year. The company has seen robust growth across all business units due to effective strategies and strong market demand. Investments in digital and technology-driven initiatives, particularly through its Digital@FEMSA unit, and the expansion of its distribution platform in the United States have contributed to its growth. However, the company has been facing margin pressures due to supply chain disruptions and higher raw material costs.
Customers
Growth-Positive
These 2 Consumer Staples Stocks Could Beat Earnings: Why They Should Be on Your Radar
The article discusses the importance of a companys quarterly report in understanding its recent performance and future expectations. It highlights the Zacks Earnings ESP (Expected Surprise Prediction) as a tool to predict positive earnings surprises. Archer Daniels Midland (ADM) and Molson Coors Brewing (TAP) are identified as stocks with positive ESP figures, indicating a potential positive earnings surprise in their upcoming reports. ADM is set to release its earnings on October 24, 2023, and TAP on November 2, 2023.
Public Trading
growth-positive
Boston Beer's (SAM) Beyond Beer & Premiumization Plan Bode Well
The Boston Beer Company Inc. continues to maintain a strong position despite challenging macroeconomic conditions. The companys Beyond Beer strategy, premiumization of the beer industry, and strong trends for its Twisted Tea brand are contributing to its success. The company is also focusing on innovation, pricing, and product portfolio expansion. Despite a slowdown in the hard seltzer category, the company is optimistic about improving trends through a renewed focus on core business, smart brand innovation, and strong distributor support and retail execution. However, declines in shipments and depletions, as well as continued challenges in the hard seltzer category, have been affecting the companys top-line performance.
CustomersExpand
Why Molson Coors Brewing (TAP) is a Top Growth Stock for the Long-Term
Coca-Cola (KO), Pernod (PRNDY) to Debut Absolut & Sprite Cocktail
Why Molson Coors Brewing (TAP) is a Top Value Stock for the Long-Term
growth-positive
Will Molson Coors (TAP) Beat Estimates Again in Its Next Earnings Report?
Molson Coors Brewing has been consistently beating earnings estimates and is well positioned to continue this trend in its next quarterly report. The beer maker has seen a streak of beating earnings estimates, particularly in the last two quarters. The average surprise for the last two quarters was 58.45%. The Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a good sign of an earnings beat. The companys next earnings report is expected to be released on November 2, 2023.
Investment
Zacks Industry Outlook Highlights AnheuserBusch InBev, Constellation Brands, Brown-Forman, Molson Coors and Boston Beer
growth-positive
5 Alcohol Industry Stocks Poised to Counter Adverse Trends
The Zacks Beverages – Alcohol industry is facing higher commodity and logistics costs due to increased input and packaging costs. However, companies in the alcohol space are set to benefit from the continued recovery across markets and channels, robust demand for premium and high-quality products, and innovative spirits. The diversification of product portfolios of alcohol companies has been helping boost their top lines. Companies are expected to benefit from the momentum in spirits and ready-to-drink (RTD) cocktails. Investments in product innovations, premiumization and technology platforms bode well for players like AnheuserBusch InBev, Constellation Brands Inc., Brown-Forman, Molson Coors and The Boston Beer Company Inc.
InvestmentCustomers
growth-positive
Solid Demand Trends to Aid Procter & Gamble's (PG) Q1 Earnings
Procter & Gamble is set to report its first-quarter fiscal 2024 results on October 18, with expectations of sales and earnings growth. The companys earnings per share is estimated at $1.71, an 8.9% increase from the previous year. Revenues are expected to rise by 5% to $21.64 billion. The companys success is attributed to its robust brand portfolio and effective business strategies. However, currency headwinds and rising input costs are expected to have partly affected the companys performance. The company also faces challenges from higher supply-chain costs, rising inflation, and elevated transportation expenses.
Customers
Growth-positive
Here's Why Molson Coors (TAP) is Marching Ahead of Its Industry
Molson Coors Beverage Company has reported a sales growth of 12% to $3,267 million in Q2 2023, driven by strong portfolio performance, strength in both business units, and the continued momentum in Coors Light and Miller Lite in the United States. The companys worldwide brand volumes rose 5% to 22.8 million, driven by strength in America. The company is on track with its revitalization plan focused on achieving sustainable top-line growth by streamlining the organization and reinvesting resources into its brands and capabilities. However, the company continues to witness softness in the beer industry and inflationary pressures.
CustomersInvestmentExpand
Molson Coors Beverage Company to Webcast 2023 Third Quarter Earnings Conference Call
Molson Coors Steps Up Stock Buybacks as Bud Light Boycott Aids Business
Growth-Positive
Gen Z is just not that into beer, Molson Coors CEO says: ‘We’re moving into non-alc products’
Molson Coors is expanding its product portfolio to cater to the changing tastes of young legal drinking age consumers (LDACs), who are consuming 20% less alcohol than millennials did at their age. The company is launching a non-alcoholic version of its Blue Moon beer and expanding its partnership with Coca-Cola to include a new Peace Hard Tea brand. Molson Coors is also developing a line of zero-sugar energy drinks called ZOA, co-founded by Dwayne “The Rock” Johnson. The companys research shows that 30% of the Gen Z cohort dont drink alcohol at all.
CustomersPartnersExpand
S&P 500 Gains and Losses Today: Clorox Shares Dip After Warning of Cyberattack's Impact
growth-positive
Are Investors Undervaluing Molson Coors (TAP) Right Now?
Zacks Investment Research has identified Molson Coors (TAP) as a strong value stock. The company currently has a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with a P/E ratio of 12.29, compared to the industry average of 17.62. The companys PEG ratio is 1.69, lower than the industry average of 2.31. The P/S ratio, a popular metric for value investors, is 1.01, also lower than the industry average of 1.56. These metrics suggest that Molson Coors is likely undervalued at its current share price.
Investment
growth-positive
Molson Coors (TAP) Unveils Acceleration Plan, Long-Term Goals
Molson Coors Beverage Company has outlined an Acceleration Plan during its 2023 Strategy Day in New York. The plan builds on the achievements of its 2019 Revitalization Plan, which has positioned the company for sustainable growth. The new plan focuses on five key pillars: growing core brands, premiumizing its portfolio, expanding in Beyond Beer, building capabilities and efficiencies, and commitment to core values. The company also revealed its long-term financial outlook, which includes expectations of amplified net revenue growth, margin expansion, and attractive earnings per share growth. The announcement was positively received by investors, resulting in a 1.6% rise in Molson Coors shares.
InvestmentExpand
TAP or DEO: Which Is the Better Value Stock Right Now?
growth-positive
Is Constellation Brands (STZ) Outperforming Other Consumer Staples Stocks This Year?
Constellation Brands has been outperforming its peers in the Consumer Staples sector, according to Zacks Investment Research. The companys stock has returned 7.3% so far this year, while the sector average is -9.3%. The Zacks Consensus Estimate for Constellation Brands full-year earnings has moved 0.1% higher within the past quarter, indicating improved analyst sentiment and a stronger earnings outlook. The company is currently sporting a Zacks Rank of #2 (Buy). Another Consumer Staples stock that has outperformed the sector is Molson Coors Brewing, which is up 21.5% year-to-date.
Investment
growth-positive
Molson Coors Beverage Company Introduces Plan to Accelerate Its Growth and Provides Long-Term Financial Outlook at Its 2023 Strategy Day
Molson Coors Beverage Company has announced a new plan to accelerate its growth and improve its long-term financial outlook. The companys board of directors has authorized a $2 billion share repurchase program over the next five years. The plan, which was unveiled at the companys 2023 Strategy Day in New York City, is designed to build on the companys growth in the coming years. The companys new Acceleration Plan builds on the successes Molson Coors achieved under its Revitalization Plan since 2019.
InvestmentExpand
Growth-Positive
BofA: Why AB InBev stock may finally be turning a corner after Bud Light fallout
Shares of Bud Lights parent company, Anheuser-Busch InBev (AB InBev), rose by up to 4% after Bank of America upgraded the stock from Neutral to Buy. The banks analysts see improved profit growth as the impact of the Bud Light boycott fallout, input cost pressures, and its investments in Latin America are already factored into the stock price. Despite a rocky year, AB InBevs stock is showing signs of recovery. However, Bud Light sales are still down 28.1% compared to a year ago, following a controversial marketing campaign.
CustomersInvestment
Growth-Positive
3 Cannabis Stocks to Watch in the ‘Green Zone’
TradeSmiths Health Indicator feature has identified three cannabis stocks in the Green Zone, indicating they are performing well with little sign of a downward trend. These are Molson Coors, Green Thumb Industries, and Trulieve Cannabis. Molson Coors, primarily a brewing company, has been in the Green Zone for over eight months and has a medium-risk volatility quotient of 21.83%. Green Thumb Industries, a Chicago-based cannabis product provider, has been in the Green Zone for the past seven days and has a high-risk volatility quotient of 48.75%. Trulieve Cannabis, a Florida-based cannabis cultivator and retailer, has also recently entered the Green Zone and has a high-risk volatility quotient of 46.74%.
CustomersInvestment
growth-positive
Here's Why Molson Coors Brewing (TAP) is a Strong Value Stock
Molson Coors Beverage Company, previously known as Molson Coors Brewing Company, is being highlighted as a value stock for investors to consider. The company, which was formed by the merger of Molson Inc. and Adolph Coors Co. in February 2005, has a diverse portfolio of owned and partner brands. The companys shares are currently trading at a forward P/E of 12.3X for the current fiscal year, compared to the Beverages - Alcohol industrys P/E of 17.2X. Additionally, TAP has a PEG Ratio of 1.7 and a Price/Cash Flow ratio of 5.6X. Five analysts have revised their earnings estimate upwards for TAP in the last 60 days.
Investment
growth-positive
Here's Why Molson Coors Brewing (TAP) is a Strong Growth Stock
Molson Coors Beverage Company, previously known as Molson Coors Brewing Company, is being highlighted as a growth stock to watch by Zacks Investment Research. The company, which was formed by the merger of Molson Inc. and Adolph Coors Co. in February 2005, has a diverse portfolio of owned and partner brands. It has a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 23.4% year-over-year for 2023, while its top line is expected to improve by 9.3%. The company has generated cash flow growth of 6.1%, and is expected to report cash flow expansion of 43.4% this year.
Investment
growth-positive
Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio
Molson Coors Beverage Company, previously known as Molson Coors Brewing Company, is being recommended as a good investment by Zacks Investment Research. The company, which was formed by the merger of Molson Inc. and Adolph Coors Co. in February 2005, has a diverse portfolio of owned and partner brands. The stock is up 0.6% and up 2.6% over the past one-week and four-week period, respectively, and Molson Coors Brewing has gained 30.6% in the last one-year period. For fiscal 2023, six analysts revised their earnings estimate higher in the last 60 days for TAP, while the Zacks Consensus Estimate has increased $0.41 to $5.06 per share.
Public Trading
growth-positive
Molson Coors (TAP) Focuses on Beyond Beer: Stock to Gain?
Molson Coors Beverage Company is expanding its Beyond Beer strategy with the acquisition of Kentucky-based Blue Run Spirits and the extension of its agreement with ZOA Energy. The acquisition marks Molson Coors first foray into the spirits category and will see the formation of Coors Spirits Co. to house Blue Run and other future products. The extension of the partnership with ZOA Energy will see an increase in media and marketing investment to drive sales and expand distribution to international markets. The moves are part of Molson Coors premiumization strategy and its aspiration to become a total beverage company.
AcquisitionExpand
growth-positive
HERE'S THE HARD TEA: PEACE HARD TEA™ HITS SHELVES THIS SEPTEMBER
Molson Coors Beverage Company has announced the release of Peace Hard Tea, a new line of hard teas for consumers aged 21 and above. The product is now available in convenience stores and retailers in the Southeast Region of the U.S. The launch of Peace Hard Tea is the latest innovation from Molson Coors partnership with The Coca Cola Company. The hard teas, which contain 5% ABV, come in three flavors: Freedom of Peach, Really Really Razzy, and More Peace More Lemon.
Partners
Growth-Negative
Molson Coors Beverage's (NYSE:TAP) Returns Have Hit A Wall
Molson Coors Beverages return on capital employed (ROCE) and capital employed have remained mostly flat over the past five years, indicating a lack of growth. The companys ROCE is 5.6%, which is low in absolute terms and underperforms the beverage industry average of 16%. The company has been distributing 35% of its income to shareholders as dividends, suggesting it is not reinvesting in itself. The stock has returned only 15% to shareholders in the last five years.
growth-negative
Molson Coors Beverage exhibits steady operation trends, limiting multi-bagger potential
Molson Coors Beverages financial metrics suggest it is a mature, steady operation rather than a potential multi-bagger investment. The companys Return on Capital Employed (ROCE) and capital employed have remained mostly flat over the past five years, indicating a lack of significant growth. The companys current ROCE is 5.6%, which is lower than the beverage industrys average of 16%. The company also distributes 35% of its income as dividends to shareholders, suggesting it is not heavily reinvesting in itself.
Investment
growth-positive
Molson Coors Canada (TSE:TPX.B) Is Looking To Continue Growing Its Returns On Capital
Molson Coors Canada has been identified as a company that is able to continually reinvest its earnings back into the business and generate higher returns, despite having a low return on capital employed (ROCE) in absolute terms. Over the last five years, the companys returns on capital employed have grown to 5.8%, with the amount of capital also increasing by 134%. This indicates that there are plenty of opportunities to invest capital internally at ever higher rates, a combination thats common among multi-baggers. The stock has delivered 7.5% to its stockholders over the last five years.
Investment
Growth-Positive
Molson Coors Beverage Company Announces In-Person and Virtual 2023 Strategy Day
Molson Coors Beverage Company has announced that it will host a Strategy Day at the New York Stock Exchange on October 3, 2023. The event will feature presentations from the companys executive management team and will be accessible via a webcast on the Investor Relations page of the Molson Coors Beverage Company website. A replay of the webcast will be available through October 2, 2024. The companys Environmental, Social and Governance (ESG) strategy is focused on People and Planet with a commitment to raising industry standards and leaving a positive imprint on employees, consumers, communities, and the environment.
Investment
Neutral
Are Options Traders Betting on a Big Move in Molson Coors (TAP) Stock?
Molson Coors Beverage Companys stock has been highlighted due to significant movements in the options market, with the Sep 15, 2023 $50 Call having one of the highest implied volatilities. Implied volatility indicates the expected future movement of a stock, with high levels suggesting investors anticipate a significant move in the stocks value. While Molson Coors is currently a Zacks Rank #3 (Hold) in the Beverages - Alcohol industry, the high implied volatility could indicate a potential trade opportunity. Over the last 30 days, one analyst has increased the earnings estimate for the current quarter.
Public Trading
growth-positive
Molson Coors (TAP) Extends ZOA Energy Deal to Expand Beyond Beer
Molson Coors Beverage Company has extended its partnership with Dwayne The Rock Johnson’s ZOA Energy to strengthen its beyond beer portfolio. This move aligns with Molson Coors plans to establish itself as a total beverage company. ZOA, which has seen 138% YoY growth with over $100 million in sales in 2022, will increase media and marketing investment to drive sales and expand distribution to international markets. Molson Coors will continue to be ZOA’s exclusive distribution partner. The company also plans to double its media investment in ZOA in 2024.
PartnersExpand
Growth-Positive
Why Molson Coors Brewing (TAP) is a Top Value Stock for the Long-Term
Molson Coors Beverage Company, previously known as Molson Coors Brewing Company, is highlighted as a value stock by Zacks Investment Research. The company, formed by the merger of Molson Inc. and Adolph Coors Co. in February 2005, has a diverse portfolio of owned and partner brands. It is currently a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of A. The companys shares are trading at a forward P/E of 12.8X for the current fiscal year, compared to the Beverages - Alcohol industrys P/E of 18.6X. For fiscal 2023, eight analysts revised their earnings estimate higher in the last 60 days for the company.
Investment
Molson Coors expands partnership with Dwayne “The Rock” Johnson
growth-positive
Molson Coors Beverage Company Expands Partnership With ZOA Energy Through Increased Investment
Molson Coors Beverage Company has announced an expanded partnership with ZOA Energy, an energy drink brand co-founded by Dwayne The Rock Johnson, Dany Garcia, Dave Rienzi, and John Shulman. The agreement will see Molson Coors increase its investment in ZOA, enabling the brand to boost its media and marketing efforts, drive sales, and expand distribution to international markets. The partnership is part of Molson Coors strategy to diversify its portfolio beyond beer. ZOA, which reported over $100 million in sales in 2022 and 138% YoY growth, will use the investment to double its media investment in 2024.
PartnersInvestmentExpand
growth-negative
As NFL football returns, Bud Light will spend 'enormous amount' to win back beer drinkers
Anheuser-Busch InBevs Bud Light is launching a major NFL campaign in an attempt to win back customers and rebuild its brand following a significant sales decline. The brands sales dropped by 26.9% compared to last year, following a controversial marketing campaign with transgender influencer Dylan Mulvaney. The new campaign, Easy to Sunday, is one of Bud Lights biggest NFL campaigns ever and aims to remind consumers that it is the official NFL sponsor. However, competitors such as Coors Light are also increasing their marketing spend, making the beer battles this NFL season potentially more interesting than the games themselves.
Customers
Boilermaker in the making: How Blue Run Spirits paired up with Molson Coors
Growth-Positive
Why Molson Coors Brewing (TAP) is a Top Growth Stock for the Long-Term
Molson Coors Beverage Company, previously known as Molson Coors Brewing Company, is being highlighted as a growth stock to watch. The company, which was formed by the merger of Molson Inc. and Adolph Coors Co. in February 2005, has a diverse portfolio of owned and partner brands. It holds a Zacks Rank #3 (Hold) rating, a Growth Style Score of A and VGM Score of A. Its bottom-line is projected to rise 23.2% year-over-year for 2023, and its top line is expected to improve by 9.1%. The company is also expected to report cash flow growth of 43.4% this year.
Investment
growth-positive
Tilray’s Cannabis Beverage Move: Is It Time to Buy, Hold or Sell?
Tilray has acquired the remaining 57.5% stake in Truss Beverage, a Molson Coors Canada subsidiary, in a bid to expand its customer reach and streamline sales and distribution. The acquisition is part of Tilrays diversification strategy amid slow North American cannabis growth. The company is focusing on THC beverages and craft beer, aiming to lead Canadas adult-use cannabis beverage market with a 36% share. Tilrays CEO, Irwin Simon, has previously mentioned the companys pursuit of acquisitions in the spirits and beverages sector. The company has also diversified into alcohol and cannabis drinks, acquiring brands from Molson Coors and Anheuser-Busch.
AcquisitionExpand
growth-positive
New Boozy Drinks Blur Lines Between Kid and Adult Beverages
Beverage companies like PepsiCo and Coca-Cola are introducing new alcoholic drinks under well-known brands such as Mountain Dew, SunnyD, Simply Orange juice and Eggo. This move is aimed at gaining a foothold in the rapidly expanding alcoholic beverage market. However, regulators, consumer groups, and public health experts have expressed concerns that these crossover products could lead to consumer confusion and the accidental serving of alcohol to minors.
CustomersPartners
growth-negative
Why Is Molson Coors (TAP) Down 6.3% Since Last Earnings Report?
Molson Coors Brewing has posted its second-quarter 2023 results, with adjusted earnings beating estimates but net sales lagging. The companys worldwide brand volumes rose 5% to 22.8 million, driven by strength in America. However, Molson Coors net sales per hectoliter increased 8.7% on a reported basis and 9% on a constant-currency basis. The companys outlook for 2023 has been raised, with net sales projected to grow year over year in the high-single digits on a constant-currency basis. Estimates for Molson Coors have trended downward in the past month, and the stock has a Zacks Rank #3 (Hold).
Customers
growth-positive
3 Brilliant Blue-Chip Stocks for Lucrative Long-Term Growth
The article discusses the potential of three blue-chip stocks - CAVA Group, Molson Coors, and Starbucks - for long-term growth. CAVA Group, a restaurant chain, has seen a 20% increase in stock since its IPO in mid-June and reported a Q2 net profit of $6.5 million. Molson Coors, a brewing company, reported a 624% increase in net income in Q2 due to a spike in beer sales. Starbucks, despite a slight dip in stock this year, has seen a share gain of 86% over the last five years.
Public TradingInvestment
growth-positive
Molson Coors (TAP) Stays on Growth Track Amid Inflation Woes
Molson Coors Beverage Company has experienced growth in revenues and earnings in the second quarter of 2023, driven by its revitalization plan and focus on premiumization. The companys adjusted earnings improved 50% year over year, while net sales grew 12%. The stock has also performed well in the market. Molson Coors is investing in iconic brands and growth opportunities, and plans to generate savings of $150 million by simplifying its structure. The company is committed to innovation and expanding its above-premium portfolio. However, it is facing cost inflation and weakened consumer demand in the beer industry. Despite these challenges, management has raised its 2023 outlook for net sales and underlying EBT. The article also mentions other companies in the Consumer Staple sector that are performing well.
CustomersInvestment
growth-positive
With 76% ownership of the shares, Molson Coors Beverage Company (NYSE:TAP) is heavily dominated by institutional owners
The article discusses the institutional ownership of Molson Coors Beverage, with institutions owning 76% of the company. This indicates a significant vote of confidence in the companys future. The top 16 shareholders control 51% of the ownership, with no single shareholder having a majority interest. The Vanguard Group, Inc. is the largest shareholder with 10% of shares outstanding. Insiders own less than 1% of the company. The general public holds a 19% stake, while private companies own 4% of the stock. The article suggests considering other factors and warns of investment risks. It does not provide financial advice.
Investment
growth-negative
Bud Light sales see little momentum going into Labor Day
Bud Light sales have declined by 28.1% year over year, with volume declines of over 28% in the last four weeks. The decline in sales started after a transgender influencer endorsed the light beer, followed by a wider boycott by many on the right. Efforts to boost sales, such as offering rebates and discounts, have not been successful. Anheuser-Busch InBev has used the sales weakness to lower costs and recently sold eight of its beer and beverage brands to Tilray. Analysts speculate that more cost cuts may be necessary if sales trends do not improve. The companys stock has fallen 7% in the past six months.
Customers
growth-positive
Tilray Brands Announces Acquisition of Truss Beverage Co.™
Tilray Brands, Inc. has announced the acquisition of the remaining 57.5% equity ownership of Truss Beverage Co. from Molson Coors Canada. This acquisition positions Tilray as a leader in adult-use cannabis beverages in Canada, with a combined pro-forma market share of approximately 36%. The acquisition strengthens Tilrays market share position in Canada and enhances its portfolio of cannabis beverage brands. Tilray is also entering the functional beverages category, which represents significant growth. The regulatory landscape for beverage distribution is expected to evolve, fueling strong growth in the market for cannabinoid-based beverages. The acquisition is a strategic step for Tilray into a dynamic market and reflects its commitment to innovation and consumer needs. The date of the event described in the article is August 18, 2023.
Acquisition
growth-negative
Bud Light will have a future in America, survey hints
A Deutsche Bank survey shows that the proportion of beer drinkers who no longer buy Bud Light has decreased, indicating a potential comeback for the brand. However, Bud Light sales have continued to decline, with volumes crashing and sales tanking. The decline in sales started after a transgender influencer and a country musician endorsed the light beer, leading to a wider boycott. Rival brand Heineken is actively targeting disenchanted Bud Light consumers and plans to spend $100 million to market a new light beer. The controversy surrounding Bud Light has also affected other brands in Anheuser-Busch InBevs portfolio. The stock has fallen over 5% in the past six months.
Customers
growth-positive
The 7 Most Undervalued Large-Cap Stocks to Buy Now: August 2023
The article discusses seven undervalued large-cap stocks that are worth considering for investment. The stocks mentioned are CVS Health, Cisco Systems, Molson Coors Beverage, Chevron, Halliburton, JD.com, and Archer-Daniels-Midland. The article highlights the potential growth and attractive valuations of these stocks. It suggests that now is a good time to invest in these companies before their valuations increase. The article also mentions the impact of factors such as the opioid crisis, changes in consumer preferences, and fluctuations in oil prices on the performance of these companies. Overall, the article provides insights into the investment opportunities in undervalued large-cap stocks.
Expand
Bud Light sales are still stale
growth-positive
Boston Beer (SAM) Retains Strong Position on Growth Strategies
The Boston Beer Company is benefiting from innovation and product portfolio expansion, particularly in non-beer categories such as ciders and hard seltzer. The company reported strong financial performance in the second quarter, with growth in Twisted Tea offsetting challenges in the hard seltzer category. Boston Beer is focused on improving the Truly brand and expanding Twisted Teas potential through innovation and brand-building efforts. However, the company is facing headwinds in the hard seltzer category due to slowing trends and increased competition. Despite this, Boston Beer remains optimistic about its future growth and expects to see continued progress in its non-beer categories.
Customers
growth-positive
Behind the deal: How Molson Coors acquired a Kentucky whiskey maker
Molson Coors Beverage Co. has acquired Blue Run Spirits to enhance its spirits portfolio and expand innovation within the Coors Spirits team.
Acquisition
growth-positive
Molson Coors, Tilray search for ‘next billion-dollar idea’ in recent booze deals
Tilray, a cannabis and consumer packaged goods giant, has acquired eight beer and beverage brands from Anheuser-Busch InBev for $85 million. Molson Coors also acquired Blue Run Spirits for an undisclosed price. Both companies hope that these new brands will enhance their existing portfolios. Tilrays acquisition includes well-known brands like Shock Top and Breckenridge Brewery, as well as smaller regional brands. The companys CEO, Irwin Simon, has stated that the acquisition is aimed at making craft beer cool again and increasing its manufacturing capabilities in the Northeast.
AcquisitionExpand
growth-positive
Zacks.com featured highlights Alibaba, Encompass Health, Molson Coors, Ford Motor and Albemarle
The article discusses the value investing strategy and highlights five stocks that are considered lucrative value picks based on their discounted Price/Earnings to Growth (PEG) ratio. These stocks include Alibaba Group, Encompass Health, Molson Coors Beverage, Ford Motor, and Albemarle Corp. The article provides a brief overview of each company and their growth rates. It also explains the PEG ratio and its importance in identifying the intrinsic value of a stock.
Investment
growth-positive
Molson Coors (TAP) Buys Blue Run to Focus on Drinks Beyond Beer
Molson Coors Beverage Company has acquired Blue Run Spirits, an award-winning whiskey brand, marking its first spirits acquisition. This move is expected to expand Molson Coors portfolio beyond beer and support its premiumization strategy. As part of the acquisition, Molson Coors has expanded its existing spirits business to form Coors Spirits Co., which will house Blue Run and other products. Blue Runs founders will continue to be associated with the brand. Molson Coors is on track with its revitalization plan focused on achieving sustainable top-line growth by investing in iconic brands and growth opportunities.
AcquisitionExpand
growth-positive
Molson Coors Beverage Company Acquires Blue Run Spirits, Further Expanding Its Portfolio Beyond the Beer Aisle
Molson Coors Beverage Company has announced its acquisition of Blue Run Spirits, a Kentucky-based producer of bourbon and rye whiskies. This acquisition is part of Molson Coors strategy to evolve into a total beverage company. The deal will provide Blue Run with resources to continue its growth. In conjunction with the acquisition, Molson Coors has established Coors Spirits Co., an expansion of its existing spirits business. The acquisition will more than double the size of Molson Coors’ spirits team. Blue Runs founders will remain with the brand, with co-founder and CEO Mike Montgomery taking on an expanded role as vice president of Coors Spirits Co.
AcquisitionExpand
growth-positive
Molson Coors acquiring Kentucky-based Blue Run Spirits
Molson Coors, a multinational brewing company, is set to acquire Kentucky-based Blue Run Spirits. The distillery, known for its butterfly medallion on its bottles, is expected to expand under its new parent company.
Acquisition
growth-positive
Molson Coors acquires spirits company
Chicago-based Molson Coors Beverage Co. has expanded its presence in the spirits market with the acquisition of a Kentucky whiskey manufacturer. The acquisition is expected to boost the companys growth and diversify its product offerings.
Acquisition
growth-positive
Here's Why Pilgrim's Pride (PPC) is Well-Poised to Thrive
Poultry producer Pilgrim’s Pride PPC has been focusing on operational excellence and portfolio diversification, with a particular emphasis on key customers. This strategy has helped the company navigate volatile market conditions. The companys success is attributed to its customer-centric approach and strategic initiatives, which aim to provide competitive advantages. The company is also benefiting from the recovery in the Foodservice business. Despite facing cost-related challenges such as rising raw material costs, increased labor expenses, supply-chain disruptions, and inflationary pressures, the company remains committed to profitable growth.
CustomersExpand
Growth-Negative
Bud Light Boycott Can’t Douse Anheuser-Busch InBev
Anheuser-Busch InBev, the parent company of Bud Light, has been facing a sales decline due to a controversy that arose in early April. The controversy was sparked by a social-media collaboration with a transgender influencer, which led to high emotions in the U.S. and a subsequent boycott of Bud Light. As a result, the companys stock was down around 20% from end-March to late May. Investors seem to have overlooked the size and global reach of the Belgian parent company amidst the controversy.
Customers
growth-positive
AB InBev (BUD) Q2 Earnings Beat, Revenues Miss Estimates
Anheuser-Busch InBev SA/NV (AB InBev) reported mixed results for Q2 2023, with earnings beating estimates but revenues falling short. Despite a year-on-year decline in earnings, sales improved due to business momentum, investment in brands, and accelerated digital transformation. The companys digital platforms contributed about 64% of its revenues in Q2. AB InBevs Beyond Beer portfolio also contributed significantly to revenues. The company expects EBITDA growth of 4-8% for 2023, driven by strong volume and pricing.
Investment
growth-positive
What we learned from Molson Coors earnings
Chicago-based Molson Coors Beverage Co. reported its strongest financial quarter since 2005. The strength in the companys two core beer brands, Miller Lite and Coors Light, contributed to this success.
Customers
Growth-Negative
AB InBev manages to top earnings estimates despite Bud Light boycott
AB InBev, the parent company of Anheuser-Busch, reported mixed second-quarter earnings, with revenue falling short by $290 million due to a consumer boycott of Bud Light in the U.S. This was in response to an ad featuring trans personality Dylan Mulvaney. Despite this, operating profits increased and sales volumes in foreign markets grew. The company saw a 7.2% increase in total revenue for the quarter, boosted by strong overseas sales in the Asia-Pacific market. However, revenue in North America was down by 10.5% and EBITDA was down by 28%. Despite the U.S. setback, earnings in Brazil, China, and Colombia rose by 20%.
Customers
growth-positive
7 Stocks to Snag After Smashing Q2 Earnings
The article discusses the Q2 earnings of seven companies: Molson Coors, Advanced Micro Devices, Intel, Coca-Cola, Bank of America, Microsoft, and American Airlines. All companies reported better-than-expected earnings, with some like Molson Coors and American Airlines also raising their forward guidance for the remainder of the year. Despite some companies like Microsoft and Advanced Micro Devices facing challenges such as a slump in PC sales and disappointing revenue guidance, the overall outlook remains positive. The article suggests these companies present good investment opportunities.
CustomersInvestment
growth-positive
Bud Light generously helps rival brewer Molson Coors to record quarter
Molson Coors has reported its best quarter of net revenue since the merger of Molson and Coors in 2005, following a controversial promotion by rival Bud Light. The companys CEO, Gavin Hattersley, has attributed this success to a nearly 30% decline in volume for Bud Light, which has allowed Molson Coors brands to capture more industry dollars. Hattersley has also announced plans to invest an additional $100 million in marketing to further increase market share. Meanwhile, Anheuser-Busch, the owner of Bud Light, is reportedly laying off employees and struggling to regain market share.
CustomersPartnersManagement Changes
growth-positive
Diageo (DEO) FY23 Results Gain From Productivity Efforts
Diageo plc reported preliminary fiscal 2023 results, with pre-exceptional earnings per share rising 7.6% year over year. The increase was driven by strong top-line growth, organic operating margin expansion, and productivity savings. Net sales increased 10.7%, driven by strong organic growth and favorable currency impacts. Organic sales growth was driven by improvements across most categories, particularly scotch, tequila, and beer. The companys operating profit improved 5.1% in fiscal 2023. Diageo also increased the final dividend 5% to 49.17 pence per share and completed £1.4 billion of return of capital in fiscal 2023.
CustomersInvestment
Growth-Positive
Molson Coors Brewing (TAP) Beats Q2 Earnings Estimates
Molson Coors Brewing reported quarterly earnings of $1.78 per share, surpassing the Zacks Consensus Estimate of $1.63 per share. This is an increase from $1.19 per share a year ago. The companys revenues for the quarter ending June 2023 were $3.27 billion, slightly missing the Zacks Consensus Estimate by 1.27%. However, this is an increase from the year-ago revenues of $2.92 billion. The companys shares have increased by about 35.4% since the beginning of the year. The future performance of the stock will depend on the managements commentary on the earnings call.
CustomersInvestment
Growth-Positive
Molson Coors capitalises on Bud Light backlash with record sales
Molson Coors has reported record quarterly sales and upgraded its full-year outlook following a controversy involving rival brand Bud Light. The Chicago-based company reported its best quarterly sales since Canada’s Molson merged with US brewer Coors in 2005. Sales of Bud Light, made by AB InBev, tumbled after a promotional collaboration with transgender TikTok personality and actress Dylan Mulvaney in April prompted a conservative backlash.
Customers
growth-positive
Coors Light, Miller Lite combined sales now '50% bigger than Bud Light': Molson Coors CEO
Molson Coors reported an 11.8% increase in net sales in Q2 and a 5% increase in financial volumes, largely due to a shift in consumer purchasing behavior. The companys beers, Coors Light and Miller Lite, have been gaining market share from Bud Light. The company has also added 12,000 new tap handles for its growing consumer base. Molson Coors has lifted its 2023 financial guidance and expects a high single-digit increase in net sales versus 2022 on a constant currency basis. The companys shares are up roughly 30% year-to-date.
CustomersExpand
Growth-Positive
Bud Light's woes become Molson Coors' gain
Molson Coors reported record revenue in the second quarter, despite falling short of analyst estimates. The company has seen a boost due to a backlash against competitor Bud Light, which faced a boycott after trans-influencer Dylan Mulvaney posted about the brand on Instagram.
Customers
growth-positive
Molson Coors Beverage Company Reports 2023 Second Quarter Results
Molson Coors Beverage Company reported a 12% top-line growth for the second quarter of 2023, with income before income taxes increasing by 703%. The company also raised its 2023 full year key financial guidance. The growth was attributed to positive net pricing and favorable sales mix, as well as higher financial volumes. The companys performance was particularly strong in the US, Canada, and the UK, with several brands experiencing double-digit volume growth. Molson Coors plans to host a Strategy Day in New York City on October 3, 2023.
CustomersInvestment
Growth-Positive
Bud Light Boycotts Helped Molson Coors Stock—Until Now
Molson Coors Beverage Co. reported strong second-quarter earnings of $1.78 per share, with revenue rising nearly 12% year over year to $3.27 billion. Despite this, the companys stock is falling, which is attributed to the buzz around Bud Light alternatives.
Customers
growth-positive
Molson Coors boasts strongest quarter since 2005 merger
Molson Coors Beverage Co., based in Chicago, has reported its strongest quarter of net sales revenue since the merger of Molson and Coors in 2005. This growth has been attributed to the Bud Light controversy and volume growth across all three regions of the United States, Canada, and the United Kingdom.
Customers
growth-positive
Molson Coors (TAP) Q2 Earnings Beat Estimates, Sales Lag
Molson Coors Beverage Company has reported its Q2 2023 results, showing a year-over-year improvement in both the bottom and top line, despite the latter falling short of the Zacks Consensus Estimate. The companys adjusted earnings per share rose by 50% year over year, surpassing estimates. Net sales grew by 12% to $3,267 million, driven by favorable pricing and sales mix, and higher financial volume. The companys shares have gained 7.2% in the past three months, outperforming the industrys growth of 1.2%. However, shares fell by more than 6% before the trading session on August 1, 2023.
Customers
growth-positive
Compared to Estimates, Molson Coors (TAP) Q2 Earnings: A Look at Key Metrics
Molson Coors Brewing reported a year-over-year increase of 11.8% in revenue for the quarter ended June 2023, with a total of $3.27 billion. The EPS for the same period was $1.78, compared to $1.19 a year ago. The companys brand volumes and geographic revenue also saw increases. Despite the revenue being slightly below the Zacks Consensus Estimate, the EPS was higher than expected. The companys stock has returned +4.7% over the past month and currently has a Zacks Rank #1 (Strong Buy).
Customers
growth-positive
Factors Likely to Influence AB InBev's (BUD) Q2 Earnings
Anheuser-Busch InBev SA/NV (AB InBev) is expected to report year-over-year revenue growth for Q2 2023 on August 3. The Zacks Consensus Estimate for AB InBev’s Q2 revenues is $15.4 billion, a 3.9% growth from the previous year. However, earnings are expected to decline by 9.3% from the prior year. The companys top line has been growing due to relentless execution, investment in its brands, and accelerated digital transformation. AB InBev has also been expanding its Beyond Beer portfolio, which includes ready-to-drink beverages like canned wine and canned cocktails, hard seltzers, cider, and flavored malt beverages.
Investment
Neutral
Molson Coors Results On Tap; AB InBev To Nurse Hangover From Bud Light Boycott
Molson Coors is set to report its earnings on Tuesday, while Bud Light maker AB InBev will report its earnings on Thursday. The article mentions a boycott of Bud Light, which may impact AB InBevs results. The stock of Molson Coors is currently in a buy range, while AB InBevs stock is ailing.
Customers
growth-positive
3 Consumer Centric Stocks to Buy as Earnings Approach
Molson Coors, Marriott International, and Electronic Arts are set to release their quarterly results on August 1, with strong growth expected for all three companies. Molson Coors Q2 earnings are expected to rise 33% to $1.59 per share, with sales forecasted to be up 12% to $3.29 billion. Marriott Internationals Q2 earnings are expected to climb 21% YoY to $2.19 per share, with sales anticipated at $6.05 billion, up 13% from a year ago. Electronic Arts’ Q1 earnings are expected to skyrocket 215% to $1.01 per share, with sales projected to climb 22% YoY to $1.59 billion.
Customers
Growth-Positive
Here's What Awaits Clorox (CLX) When It Reports Q4 Earnings
The Clorox Company is expected to report top and bottom-line growth for its fourth-quarter fiscal 2023 earnings on August 2. The company has been benefiting from solid demand for its products and brands, digital investments, pricing actions, and focus on cost management. However, Clorox has been facing the adverse impacts of inflation, and higher manufacturing, logistics and commodity costs. For fiscal 2023, management expected cost inflation of $400 million. Despite these challenges, the companys IGNITE strategy and digital investments are expected to have aided the top and bottom lines in fourth-quarter fiscal 2023.
CustomersInvestment
Neutral
What to expect from Molson Coors' second-quarter earnings
Molson Coors is set to report its second quarter fiscal 2023 earnings on August 1. The announcement will be followed by a conference call with CEO Gavin Hattersley and CFO Tracey Joubert.
growth-positive
FEMSA (FMX) Q2 Earnings Top Estimates on Solid Revenue Growth
Fomento Economico Mexicano S.A.B. de C.V. (FEMSA) reported second-quarter 2023 net majority earnings per ADS of $1.00, surpassing the Zacks Consensus Estimate of $1.21. Net consolidated income was $522.9 million, a 16.8% increase from the year-ago quarter. Total revenues were $11,562 million, an 18.3% year-over-year increase. Revenue growth was driven by gains across its business units. FEMSAs gross profit rose 20.1% year over year to $4,349.7 million. The companys operating income was up 8% year over year to $967.2 million.
Customers
Growth-Positive
Is a Beat in Store for Molson Coors (TAP) in Q2 Earnings?
Molson Coors Beverage Company is expected to register top and bottom-line growth when it reports its second-quarter 2023 earnings on Aug 1. The Zacks Consensus Estimate for the company’s second-quarter revenues is pegged at $3.2 billion, suggesting 10.7% growth from the prior-year period’s reported figure. The company has been benefiting from strength in core brands, as well as strong market share through innovation and premiumization. However, Molson Coors has been witnessing lower brand and financial volume. Inflationary pressures are likely to have been other headwinds.
Investment
growth-positive
Altria Group (MO) Queues for Q2 Earnings: What's in the Cards?
Altria Group, Inc. is expected to report growth in its top and bottom lines for the second quarter of 2023, with revenues estimated at $5,447 million, a 1.4% increase from the same period last year. The company has been benefiting from its strong pricing power, despite soft cigarette shipment volumes. The popularity of reduced-risk products (RRPs) has also been a boon for Altria, with its oral tobacco product on! gaining traction in the US. However, the company has been grappling with declining Smokeable Products volumes and increased inflation affecting consumers disposable income.
CustomersInvestment
Growth-Positive
Factors Likely to Influence Diageo's (DEO) FY23 Earnings
Diageo Plc is set to release its preliminary results for fiscal 2023 on August 1. The company has been benefiting from its diversified portfolio, strong brands, and favorable industry trends. Despite challenges from inflation and currency headwinds, Diageo has seen solid business momentum, strong consumer demand, and market share gains. The companys margin trends were favorable in the first half of fiscal 2023, thanks to its premiumization efforts, ongoing market recovery, pricing actions, and disciplined cost management. However, Diageo has been suffering from persistent inflationary pressures induced by higher commodity costs, particularly agave, energy expenses, and supply disruptions.
CustomersInvestment
Growth-Positive
2023 Shipper of Choice profile: Molson Coors
Molson Coors, a multinational beverage and brewing company, has been recognized as one of the top 25 Shippers of Choice for 2023 by FreightWaves and TriumphPay. The award recognizes manufacturers, distributors, and retailers that excel in supply chain efficiency. Molson Coors, which sells about 11 billion canned beverages per year, operates 22 breweries in the U.S., seven in Canada, three in the U.K., and one in the Czech Republic. The company has more than 7,000 transportation providers in its global supply chain and recently expanded its supplier base to improve supply chain results.
CustomersPartners
growth-positive
Coca-Cola (KO) Beats on Q2 Earnings & Revenues, Raises View
The Coca-Cola Company has reported better-than-expected top and bottom-line results for Q2 2023, with earnings and sales improving year over year. The companys results have benefited from its continued business momentum, and it has raised its view for 2023. Revenues of $11,972 million surpassed the Zacks Consensus Estimate of $11,734 million and improved 6% year over year. Organic revenues rose 11% from the prior-year quarter. The companys top line benefited from strong revenue growth across most of its operating segments, aided by an improved price/mix and increased concentrate sales.
Customers
growth-positive
Molson Coors Appoints Natalie Maciolek Chief Legal and Government Affairs Officer
Molson Coors has announced the appointment of Natalie Maciolek as Chief Legal and Government Affairs officer, effective from September 5, 2023. Maciolek, who previously served as senior vice president, general counsel and corporate secretary of Kohler Co., will be responsible for overseeing all legal matters across Molson Coors’ global business. The appointment comes as Molson Coors reports a Net Sales Revenue growth of 8.2% in constant currency during the first quarter of 2023. The companys core brands in the U.S., Coors Light and Miller Lite, grew revenue by double digits in the first quarter.
Management Changes
growth-positive
Molson Coors appoints former Kohler exec, Quarles partner as top legal officer
Molson Coors Beverage Co. has appointed Natalie Maciolek, a former executive at Kohler Co., as its new chief legal and government affairs officer. The announcement was made on July 26, 2023.
Management Changes
growth-positive
Has KimberlyClark (KMB) Outpaced Other Consumer Staples Stocks This Year?
Kimberly-Clark, a member of the Consumer Staples group, is currently outperforming the sector with a year-to-date return of 1.1% compared to the sectors average of 0.8%. The companys full-year earnings consensus estimate has also moved 2.5% higher over the past three months, indicating improving analyst sentiment and a positive earnings outlook. Kimberly-Clark is currently sporting a Zacks Rank of #2 (Buy). Another Consumer Staples stock, Molson Coors Brewing, has also outperformed the sector with a year-to-date return of 35.6%.
Investment
growth-positive
Here's Why Procter & Gamble (PG) is Poised for Q4 Earnings Beat
Procter & Gamble is expected to report sales and earnings growth for its fourth-quarter fiscal 2023 results on July 28. The companys earnings per share is estimated to be $1.32, a 9.1% increase from the previous year, with revenues predicted to be $19.93 billion, a 2.1% rise. The companys success is attributed to its robust brand portfolio and effective business strategies. However, currency headwinds and rising input costs are expected to have impacted the companys performance.
Customers
growth-positive
Molson Coors Brewing (TAP) Earnings Expected to Grow: Should You Buy?
Molson Coors Brewing is expected to report a year-over-year increase in earnings and revenues for the quarter ended June 2023. The earnings report, due to be released on August 1, 2023, could potentially impact the companys stock price. The beer maker is expected to post quarterly earnings of $1.49 per share, representing a year-over-year change of +25.2%. Revenues are expected to be $3.21 billion, up 10% from the year-ago quarter. The companys Earnings ESP is +12.96%, indicating a likely earnings beat. The companys stock currently carries a Zacks Rank of #1.
InvestmentPublic Trading
growth-positive
Is a Beat in Store for Church & Dwight (CHD) in Q2 Earnings?
Church & Dwight Co., Inc. is expected to report top-and-bottom-line growth for its second-quarter 2023 earnings on July 27. The company has been benefiting from its prudent acquisitions, strong innovation, and favorable consumer demand. Its U.S. portfolio saw growth in 12 out of 17 categories in the first quarter of 2023. The companys online channel has also been a significant contributor to its growth. However, the company has been facing increasing marketing and SG&A expenses for the past few quarters, which may impact the adjusted EPS in the second quarter.
InvestmentCustomers
growth-negative
Will Soft Shipment Trend Mar Boston Beer's (SAM) Q2 Earnings?
The Boston Beer Company, Inc. is expected to report a decline in top and bottom-line figures for the second quarter of 2023. The company has been facing challenges in the hard seltzer category and has seen declines in shipments and depletions. Increased costs and supply-chain inefficiencies are also expected to have affected the companys performance. However, the companys focus on pricing, product innovation, growth of non-beer categories and brand development is expected to have boosted its operational performance and position in the market.
CustomersManagement Changes
Growth-Positive
Factors to Note Ahead of FEMSA's (FMX) Upcoming Q2 Earnings
Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is set to report its second-quarter 2023 earnings on July 27. The company is expected to have seen growth in both its top and bottom lines. The Zacks Consensus Estimate suggests a 10% growth from the previous years quarter. The companys growth is attributed to its diversified business, strength in OXXO Mexico and OXXO Gas, expansion into new businesses, and digital initiatives. However, the company has been facing margin pressures due to supply-chain disruptions and higher raw material costs.
InvestmentExpand
growth-positive
Coca-Cola (KO) Set to Beat Q2 Earnings: What Should You Know?
The Coca-Cola Company is expected to report top and bottom-line growth for its second-quarter 2023 numbers on July 26. The Zacks Consensus Estimate for the company’s second-quarter revenues is pegged at $11.7 billion, suggesting a 3.6% growth from the prior-year quarter. The companys performance is expected to have benefited from revenue growth across its operating segments, aided by an improved price/mix and an increase in concentrate sales. However, the company has been facing pressures from higher supply-chain costs, including rising commodity input costs and transportation expenses.
Investment
growth-positive
4 Stocks Trading Near 52-Week High That Can Climb Further
The article discusses the strategy of investing in stocks that are hitting their 52-week high, as they are perceived to be winners and hold tremendous upside potential. It mentions four companies - Molson Coors, Dave & Busters Entertainment, Enersys, and KB Home - that are expected to maintain their momentum and keep scaling new highs. The article also provides a brief overview of each companys recent performance and future plans. It concludes by recommending the use of the Research Wizard stock picking and back testing software for further investment research.
InvestmentExpand
growth-negative
Factors to Decide Keurig Dr Pepper's (KDP) Fate in Q2 Earnings
Keurig Dr Pepper Inc. is expected to report top and bottom-line growth for Q2 2023 on July 27. However, the company has been facing challenges due to input cost inflation, rising transportation costs, and supply-chain disruptions. Increased marketing investment has also been a deterrent. Despite these issues, the company has seen growth in its Refreshment Beverage segment and market share expansion. The companys earnings report is not expected to beat expectations.
Customers
growth-positive
Will Molson Coors (TAP) Beat Estimates Again in Its Next Earnings Report?
Molson Coors Brewing has a history of beating earnings estimates and is expected to continue the trend in its next quarterly report. The beer maker has exceeded earnings estimates in the last two quarters, with an average surprise of 65.17%. The companys Earnings ESP (Expected Surprise Prediction) is positive, indicating potential for another earnings beat. The companys next earnings report is expected to be released on August 1, 2023.
Public Trading
growth-negative
Factors Likely to Drive Archer Daniels' (ADM) Earnings in Q2
Archer Daniels Midland Company is expected to report a decline in top and bottom-line figures for Q2 2023. The company has been facing challenges such as higher performance-related compensation, project-related costs, and inflation. The consensus estimate for the company’s Q2 earnings is $1.59 per share, a decline of 26.1% from the same quarter last year. Revenues are expected to be $24.9 billion, an 8.7% decline from the prior-year quarter. Despite these challenges, the company has been benefiting from solid demand, improved productivity, product innovations and persistent growth.
Customers
growth-positive
Want Better Returns? Don't Ignore These 2 Consumer Staples Stocks Set to Beat Earnings
The Zacks Earnings ESP, or Expected Surprise Prediction, is a tool used to predict earnings surprises by focusing on the most recent analyst revisions. Molson Coors Brewing and PepsiCo are two stocks that currently fit the bill. Molson Coors Brewings Earnings ESP sits at 20.9%, and PepsiCos Earnings ESP figure currently stands at 0.54%. These positive ESP metrics may signal that a positive earnings surprise for both stocks is on the horizon.
Investment
Growth-Positive
Why You Should Hold Archer Daniels (ADM) Before Q2 Earnings
Archer Daniels Midland Company has reported earnings and sales surprise for the 10th consecutive quarter in Q1 2023, with shares gaining 7.8% in the past year. The company has made significant progress on its three strategic pillars - optimize, drive, and growth. It has plans to expand alternative protein capabilities and starch production, and is on track to launch expanded probiotic capacity. The company has also entered a joint venture with Gevo for sustainable aviation fuel. However, the company has been witnessing a rising SG&A expense trend and soft trends in its Nutrition segment.
CustomersPartnersExpand
growth-negative
Will Keurig's (KDP) Pricing & Innovation Efforts Revive Stock?
Keurig Dr Peppers shares are currently distressed due to significant pressures from input cost inflation, rising transportation costs, and supply-chain disruptions. These factors, along with the adverse impacts of higher marketing investment, have been key deterrents. The companys cost of sales increased to $1,609 million from $1,428 million reported in the year-ago period. The adjusted operating income decreased 4.5% to $699 million. The company is also impacted by adverse currencies due to its worldwide operations. Despite these challenges, the company has been gaining traction in the Refreshment Beverage segment and has reaffirmed its view for 2023, expecting sales growth of 5% and adjusted earnings increase of 6-7%.
CustomersPartners
growth-positive
Brown-Forman's (BF.B) Brands & Strategies Provide Growth Impetus
Brown-Forman Corporation has been experiencing growth due to the strength of its brands, particularly Jack Daniel’s Tennessee Whiskey. The companys share price has risen 5% in the past three months, outperforming the industry and sector. The companys long-term pricing strategy aims to increase prices year over year to grow sales. The company expects organic sales growth of 5-7% for fiscal 2024. Despite facing challenges such as higher input costs and supply chain disruptions, the companys strong brand portfolio and pricing strategy are expected to offset these issues.
CustomersInvestment
Growth-Positive
Molson Coors Beverage Company Announces Regular Quarterly Dividend
On July 13, 2023, the Board of Directors of Molson Coors Beverage Company declared a regular quarterly dividend on its Class A and Class B common stock of US$0.41 per share, payable September 15, 2023, to stockholders of record on September 1, 2023. Similarly, the Board of Directors of Molson Coors Canada Inc. declared a quarterly dividend of approximately CDN$0.53, payable on the same dates. The dividends declared are eligible for Canadian tax purposes.
growth-positive
PepsiCo (PEP) Rallies on Q2 Earnings Beat & Raised 2023 View
PepsiCo, Inc. has reported strong second-quarter 2023 results, with revenues and earnings surpassing the Zacks Consensus Estimate. The companys top and bottom lines also improved year over year, reflecting strength in its diversified portfolio, modernized supply chain, improved digital capabilities, flexible go-to-market distribution systems, and robust consumer demand trends. The company also raised its view for 2023. PepsiCos shares jumped 2.5% in the pre-market session following the earnings release on Jul 13, due to the upbeat second-quarter performance and raised view.
Customers
growth-negative
Zacks Industry Outlook Highlights Constellation Brands, Brown-Forman, Molson Coors, The Boston Beer and The Duckhorn Portfolio
The article discusses the challenges and opportunities faced by companies in the alcoholic beverages industry. Supply chain disruptions and higher freight costs are negatively impacting the industry. However, companies are benefiting from the recovery across markets and channels, robust demand for premium and high-quality products, and innovative spirits. Companies like Constellation Brands Inc., Brown-Forman, Molson Coors, The Boston Beer Co., and The Duckhorn Portfolio are expected to benefit from the momentum in spirits and ready-to-drink (RTD) cocktails. The companies are also investing in product innovations, premiumization, and technology platforms.
CustomersInvestment
growth-positive
Molson Coors (TAP) Rallies 25.1% in 1H23: Things to Note
Molson Coors Beverage Company has seen a 25.1% increase in shares over the past six months, outperforming the industry and Consumer Staples sector. This growth is attributed to the companys core brands and its above-premium portfolio. The companys revitalization plan, which includes investing in iconic brands and expanding beyond beer, is also contributing to its success. The company plans to generate savings of $150 million by simplifying its structure. Molson Coors U.S. above-premium portfolio has seen rapid growth, driven by the success of its hard seltzers, Simply Spiked Lemonade, and Blue Moon and Peronis. The company is also maintaining its shareholder cash distributions.
InvestmentExpand
growth-positive
How to Find Strong Consumer Staples Stocks Slated for Positive Earnings Surprises
The article discusses the importance of earnings in a companys quarterly financial report and how they can impact the stock market. It introduces the Zacks Expected Surprise Prediction (ESP), a tool that predicts earnings surprises based on the most recent analyst earnings revisions. The article highlights two companies, Philip Morris and Molson Coors Brewing, which currently have positive ESP figures, indicating a potential positive earnings surprise in their upcoming reports. The article encourages investors to use the Zacks Earnings ESP Filter to find stocks with the highest probability of positively or negatively surprising.
Investment
Growth-Positive
Here's Why Diageo (DEO) Looks Well-Poised Despite Cost Headwinds
Diageo Plc is experiencing growth due to its diversified portfolio, strong brands, and favorable industry trends. The company has seen solid business momentum, strong consumer demand, and market share gains. However, inflation and currency headwinds pose challenges. Despite these, Diageo is confident about the long-term growth potential of the beverage alcohol sector and plans to expand its value share by 50% in the sector to 6% by 2030. The company also plans to invest strongly in marketing and innovation. For fiscal 2023, Diageo anticipates organic net sales growth across North America, Europe, Asia Pacific, Latin America, the Caribbean, and Africa.
CustomersInvestment
growth-positive
5 Stocks to Watch as the Alcohol Industry Trends Turn Unfavorable
The article discusses the challenges and opportunities in the Zacks Beverages – Alcohol industry. Companies in the industry are facing product shortages due to supply chain issues and increased costs. However, they are also benefiting from the recovery across markets and channels, robust demand for premium and high-quality products, and innovative spirits. The diversification of product portfolios has been helping boost their top lines. Companies are expected to benefit from the momentum in spirits and ready-to-drink (RTD) cocktails. Investments in product innovations, premiumization and technology platforms bode well for players like Constellation Brands Inc, Brown-Forman, Molson Coors, The Boston Beer Company and The Duckhorn Portfolio.
CustomersInvestmentExpand
Neutral
Molson Coors Beverage Company to Webcast 2023 Second Quarter Earnings Conference Call
Molson Coors Beverage Company will host a webcast of the company’s 2023 Second Quarter Earnings Conference Call with investors and financial analysts on August 1, 2023. The company will release earnings at approximately 7:00 a.m. Eastern Time on the same day. Company executives participating in the conference call will include Gavin Hattersley, President and Chief Executive Officer, and Tracey Joubert, Chief Financial Officer. An online replay of the earnings call webcast will be posted within two hours following the live webcast and will be available until 11:59 p.m. Eastern Time on November 11, 2023.
Public Trading
growth-negative
Glass Bottling Plants Are Shutting Down After Bud Light Boycott Slammed Sales — 600 Employees Are Now Jobless; 2 Other Big Beverage Stocks To Watch Now
Anheuser-Busch InBev, the company behind Bud Light, is facing a decline in sales which has led to the closure of two glass bottling plants operated by Ardagh Group in North Carolina and Louisiana, resulting in approximately 645 layoffs. The sales decline is attributed to a social media backlash following a partnership with transgender influencer Dylan Mulvaney. Bud Lights sales in the U.S. dropped 28% in the week ended June 24 compared to the previous year. This has also affected Anheuser-Busch InBevs share price, which has fallen 16% since April 1. Meanwhile, competitors Constellation Brands and Molson Coors are capitalizing on Bud Lights decline.
LayoffsCustomers
growth-positive
Reasons Why Monster Beverage (MNST) Should be in Your Portfolio
Monster Beverage Corporation is expected to benefit from strong demand for its energy drinks, product innovations, effective pricing actions, and a healthy balance sheet. The company has a market capitalization of $59.8 billion and has gained 8.9% in the past three months. It has seen continued momentum in the energy drinks category, with sales increasing in the first quarter. Monster Beverage is focused on launching new products and expanding its distribution network. The company has also implemented price hikes and has a healthy balance sheet. The Zacks Consensus Estimate for its earnings has been revised upward. Other top-ranked food stocks mentioned in the article include Coca-Cola FEMSA, PepsiCo, and Molson Coors.
CustomersInvestment
growth-positive
Here's Why Molson Coors (TAP) is Marching Ahead of Its Industry
Molson Coors Beverage Company reported strong first-quarter 2023 results, with adjusted earnings and net sales surpassing estimates and showing year-over-year improvement. The companys core brands and above-premium portfolio contributed to the positive performance. Molson Coors is focused on its revitalization plan, which aims to achieve sustainable top-line growth by streamlining the organization, investing in iconic brands and growth opportunities, and creating digital competencies. The company plans to generate savings of $150 million by simplifying its structure and aims to deliver cost savings of $600 million over three years. Despite a decline in worldwide brand volumes, Molson Coors expects sales to grow in the low-single digits for 2023. The stock has gained 27.8% in the past three months.
CustomersExpand
growth-positive
Bud Light’s Pain Has Been Molson Coors’ Gain. What Happens Next.
Molson Coors has gained market share at the expense of Bud Light brewer AB InBev, according to Wells Fargo analysts. However, investors should not expect further gains.
Customers
growth-positive
This Stock Keeps Benefitting in the Brewing Beer Culture Wars
Citigroup analysts raised their stock price target on Molson (TAP) by $7 to $72 apiece. The company is benefiting from the recent backlash against Anheuser-Busch due to a boycott called by conservative critics after an Instagram post by transgender influencer Dylan Mulvaney. Molson has seen a 15.8% increase in sales growth, while Anheuser-Busch has experienced a 10.5% decline.
Customers
Molson-Coors Is In the Zone
Five S&P 500 Stocks To Buy And Watch In Today's Market
Growth-Positive for Goldman Sachs and Morgan Stanley, Growth-Negative for Molson Coors and Caterpillar
Why Goldman Sachs, Morgan Stanley are AI plays: Portfolio manager
Jeremy Bryan, Senior Portfolio Manager at Gradient Investments, believes that Goldman Sachs and Morgan Stanley could benefit from the AI hype. However, he is not optimistic about the prospects of Molson Coors and Caterpillar.
Investment
Watch what happens at the Cannes Lions festival
growth-positive
AB InBev, Molson Coors dent US craft beer competition with cheaper six-packs
Anheuser-Busch InBev and Molson Coors Beverage are expected to gain market share from craft beer makers in the United States as cost-conscious consumers opt for cheaper beers. The trend of trading down to more affordable options is boosting sales and protecting margins for major beverage players. Analysts predict that Molson Coors annual revenue will grow about 6% and AB InBevs revenue will grow about 7.5% in 2023, while craft beer maker Boston Beer Co is expected to see a 3% fall in revenue. Overall U.S. beer sales grew 1.8% in the 12 weeks ended May 20. Craft beer brands, which are more expensive, have suffered a drop-off in demand since the pandemic as consumers shift to cheaper brews.
CustomersPartners
growth-negative
Can Growth Strategies Aid Archer Daniels (ADM) Amid Cost Woes?
Archer Daniels Midland Company (ADM) has been favored by investors for its growth initiatives, but it has been facing challenges in its nutrition segment and rising SG&A expenses. The companys stock has declined in the past year. ADM is focused on its optimize, drive, and growth pillars, with plans to expand alternative protein capabilities and starch production. It has also entered into partnerships to develop sustainable solutions and meet the demand for low-carbon aviation fuel. However, the Nutrition segment has seen declining revenue and operating profit. The company expects operating profit growth in 2023, but it will need to overcome destocking impacts and higher SG&A expenses. Other consumer staple stocks worth considering are Molson Coors, Monster Beverage, and PepsiCo.
CustomersPartnersInvestmentManagement Changes
growth-negative
Molson Coors Beverage Company's (NYSE:TAP) Intrinsic Value Is Potentially 56% Above Its Share Price
The article discusses the intrinsic value of Molson Coors Beverage Company and estimates it to be undervalued by 36% based on the current stock price. The analysis uses a two-stage Discounted Cash Flow (DCF) model to calculate the present value of future cash flows. The article highlights that valuations are imprecise and subject to various assumptions. It also mentions the strengths, weaknesses, opportunities, and threats (SWOT) of Molson Coors Beverage. The article concludes by suggesting that the DCF calculation should not be the sole metric for investment valuation and encourages further analysis of risks, future earnings, and alternative investment options.
Investment
Will Premiumization Keep Constellation (STZ) in Good Stride?
growth-positive
Molson Coors Gets Another Bud Light-Driven Upgrade
Molson Coors receives an upgrade driven by Bud Light, with some debate on how long the companys brands can benefit from it.
Partners
growth-positive
Zacks Investment Ideas feature highlights: Molson Coors, JP Morgan Chase and Murphy USA
The article highlights three top-ranked stocks with bullish catalysts: Molson Coors, JP Morgan Chase & Co., and Murphy USA. Molson Coors is experiencing upward trending earnings revisions and has broken above a major level of resistance. JP Morgan Chase & Co. has cleared two major levels of resistance and has seen substantial upgrades in its earnings estimates. Murphy USA is a leading independent retailer of motor fuel and convenience merchandise and is expected to perform well due to supply constraints in the energy market. Overall, these stocks offer a range of options for investors and have positive growth prospects.
CustomersInvestment
growth-positive
Molson Coors' (TAP) Innovation & Premiumization Efforts to Aid
Molson Coors Beverage Company has reported strong results in the first quarter of 2023, with increased revenues and earnings that surpassed expectations. The companys management has retained its 2023 outlook, projecting growth in net sales and underlying EBT. Molson Coors is focused on growing its market shares through innovation and premiumization, expanding its above-premium portfolio, and reshaping its product portfolio. The company is also implementing a revitalization plan to achieve sustainable growth. Molson Coors plans to generate savings of $150 million by simplifying its structure and aims to invest in iconic brands and growth opportunities. Other top-ranked stocks in the Consumer Staple sector include Monster Beverage, Brown-Forman, and PepsiCo.
CustomersInvestment
growth-positive
3 Top-Ranked Stocks with Bullish Catalysts
Molson Coors, JP Morgan Chase & Co., and Murphy USA are all showing bullish signs for investors. Molson Coors has broken above a major level of resistance and is expected to see earnings grow by 20% YoY. JP Morgan Chase & Co. has cleared two major levels of resistance and is expected to see a 28.6% YoY increase in current quarter earnings. Murphy USA has outperformed the industry and broad market over the last five years and is expected to continue this trend. All three companies are trading at below market average earnings multiples.
Investment
growth-positive
Can Premiumization & Investments Aid AB InBev's (BUD) Growth?
AB InBev reported sales and earnings in the first quarter of 2023, benefiting from strong consumer demand, digital transformation, and expansion of the Beyond Beer portfolio. However, the company faced higher costs and soft margin trends. AB InBev is positioned for growth in the long term, with investments in premium brands and the Beyond Beer trend. The company is also focused on digital platforms and expects EBITDA growth of 4-8% in 2023. Headwinds include commodity cost inflation and higher supply-chain costs. Better-ranked stocks in the Consumer Staple sector include Monster Beverage, Brown-Forman, and Molson Coors.
CustomersInvestment
growth-positive
Here's Why You Must Buy Monster Beverage (MNST) Stock Now
Monster Beverage Corporation has been experiencing growth due to strong demand for its energy drinks category and a consistent stream of product launches. The companys top and bottom lines exceeded expectations in the first quarter of 2023, driven by price increases and expansion in international markets. Monster Beverages stock has outperformed the industry and the S&P 500. The company is focused on innovation and plans to launch new products and expand distribution further. Despite rising costs, Monster Beverage is well-positioned for continued growth. The article also mentions other food stocks worth considering, such as Coca-Cola FEMSA, PepsiCo, and Molson Coors.
Customers
growth-negative
Bud Light’s Market Share Hit by Boycotts. This Beer Stock Is Gaining.
Bud Lights market share has been hit by boycotts, resulting in a negative impact on the companys growth. BofA Securities analyst Bryan Spillane raised his rating on the brewers stock to Neutral from Underperform.
Customers
Belly Up to the Bar and Be a Buyer of Molson Coors
Growth-Negative, Growth-Negative, Growth-Positive
Coinbase suit, Molson Coors upgrade, Boeing Dreamliner woes: Top tickers
The SEC is suing Coinbase for alleged securities law violations, causing the companys shares to drop by about 12%. Meanwhile, Boeings shares also fell due to new issues with the 787 Dreamliner, which could slow deliveries. On the other hand, Molson Coors shares were upgraded to neutral by Bank of America due to market share gains as a result of Bud Light boycotts. The SECs lawsuit against Coinbase is the second case it has brought against a crypto exchange, following a case against Binance. The lawsuit raises questions about potential regulation in the crypto space.
CustomersManagement Changes
growth-positive
This Bud’s for You: Time to Buy Anheuser-Busch InBev
Anheuser-Busch InBev, the global beer conglomerate, is facing a controversy in the United States. However, for long-term investors, this could be a rare buying opportunity.
Customers
Coors and Miller Lite Gain at Bud Light’s Expense. It Might Last.
growth-negative
Molson Coors (TAP) Down 4.8% Since Last Earnings Report: Can It Rebound?
Molson Coors Brewing reported positive Q1 earnings and sales that beat estimates. The companys adjusted earnings per share surged 86.2% year over year, while net sales grew 5.9%. However, worldwide brand volumes fell 2.1% due to sluggishness in America and EMEA&APAC. Molson Coors operates under the Americas and EMEA&APAC segments, with net sales increasing in both segments. The company retained its 2023 outlook, projecting low-single-digit growth in net sales and underlying EBT. Estimates for the stock have been trending upward, and it has a Zacks Rank #3 (Hold). The article also mentions Boston Beer, another player in the Beverages - Alcohol industry, which reported a decline in revenues for the last quarter.
Customers
growth-positive
Molson Coors (TAP) Gains 13.8% in 3 Months Amid Inflation Woes
Molson Coors Beverage Company reported impressive first-quarter 2023 results, with adjusted earnings and net sales surpassing estimates and improving year over year. The company is focused on its Revitalization Plan to achieve sustainable top-line growth by streamlining the organization and investing in iconic brands and growth opportunities. Molson Coors plans to generate savings of $150 million by simplifying its structure and aims to deliver cost savings of $600 million over three years. The company is committed to growing its market share through innovation and premiumization. However, it continues to face challenges such as lower brand and financial volume and inflationary pressure. Despite these challenges, Molson Coors is expected to experience growth driven by brand strength, product innovation, pricing actions, and portfolio premiumization.
CustomersExpand
growth-positive
7 Consumer Stocks to Buy and Hold for the Long Haul
The article discusses seven consumer stocks that are attractively priced and suitable for long-term investment. The stocks mentioned are British American Tobacco (BTI), Coca-Cola Consolidated (COKE), Dollar General (DG), Kroger (KR), Kenvue (KVUE), Philip Morris (PM), and Molson Coors (TAP). These stocks offer regular dividends and have a track record of consistent earnings growth. BTI and PM have made moves into non-cigarette tobacco and nicotine products, which could sustain their profitability and high dividends. COKE has outperformed KO in terms of stock performance. DG is expected to bounce back as inflation eases. KRs planned merger with Albertsons could lead to strong returns. KVUE, a spinoff of Johnson & Johnson, plans to initiate a dividend. TAP could hold onto recent market share gains and deliver greater-than-expected earnings.
Expand
growth-negative
It Might Not Be A Great Idea To Buy Molson Coors Beverage Company (NYSE:TAP) For Its Next Dividend
Molson Coors Beverage Company is about to trade ex-dividend, with an upcoming dividend of US$0.41 per share. The companys dividend is not well covered by earnings as it reported a loss last year. However, it paid out only 33% of its free cash flow in the past year. The dividend has grown at an average rate of 2.5% per year over the past 10 years. Overall, the article suggests that Molson Coors Beverage may not be an attractive dividend stock due to its loss-making status and risks involved.
Investment
growth-positive
Is Molson Coors Beverage Company (NYSE:TAP) Potentially Undervalued?
The article discusses the valuation and growth potential of Molson Coors Beverage Company. The companys shares have seen a significant rise in price, but it is still considered undervalued. The article suggests that it may be a good time for shareholders to accumulate more holdings in the stock, and for potential investors to enter the stock. However, it also mentions the need to consider other factors such as financial health and risks. The analysis is based on historical data and analyst forecasts, and it does not constitute financial advice.
Investment
growth-negative
Israeli adtech company Tremor to acquire Amobee from Singtel for $239 million CTech
Tremor International is acquiring Amobee from Singtel for $239 million. Singtel is selling its loss-making digital marketing arm to focus on core businesses. The acquisition expands Tremors self-service DSP, CTV, and video reach, while creating new technology and partnership opportunities.
Acquisition
growth-negative
Tremor International acquires News Corp's Unruly in latest adtech purchase
Tremor International has reached an agreement to acquire News Corps programmatic video marketplace, Unruly. The acquisition will position Tremor International as a comprehensive video advertising platform. News Corp will receive 6.91% of Tremor International stock and a minimum revenue guarantee of GBP 30 million. The deal includes a three-year partnership that allows Tremor to sell outstream video on more than 50 News Corp titles. Unrulys CEO and UK CEO will join Tremors board as part of the deal. The sale of Unruly marks an important step in News Corps strategy of simplification.
Partners
https://www.proactiveinvestors.co.uk/companies/news/221954/taptica-provides-background-on-uber-lawsuit-says-considering-further-share-buy-back-programme-221954.html
growth-positive
Taptica looks to firm U.S. footprint with $177 million RhythmOne deal
Taptica International Ltd has agreed to acquire RhythmOne Plc for approximately $176.6 million in stock. The acquisition is part of Tapticas expansion plans in the United States. RhythmOne shareholders will receive 28 new Taptica shares for every 33 shares held. Taptica sees value in RhythmOnes subsidiary, YuMe, and plans to work alongside its own platform, Tremor Video. The deal has the backing of a significant percentage of shareholders from both companies. Following the completion of the offer, the combined company intends to launch a $15 million discretionary share buyback program.
Acquisition
growth-positive
Taptica forms new China subsidiary, plans expansion Digital Campaign Asia
Taptica, a mobile ad platform, has created a new wholly owned Chinese subsidiary called Taptica Information Technology Co. to expand its presence in mainland China. The subsidiary will help Taptica work with local clients and media suppliers in China and facilitate cross-currency payments. Taptica plans to open a new office in Guangzhou in 2019 to serve southern China. The company sees this expansion as a key growth opportunity and expects its business development and client servicing activities to be enhanced with the new office. Taptica has offices in Tokyo and Seoul and has been actively looking to expand in the Asia-Pacific region. Last year, it acquired Japanese mobile ad firm AdInnovation to penetrate the Japanese market.
Expand
growth-positive
Taptica raises $52.6 million to reduce debt and fund future M&A opportunities
Mobile advertising firm Taptica has raised £38.2 million ($52.6 million) to reduce its debt and enhance its potential for mergers and acquisitions (M&A). The majority of the funds were raised through the planned sale of 4.85 million new ordinary shares at £4.50 ($6.20) each, totaling £21.8 million ($29.9 million). Additional funds came from the sale of shares by Taptica CEO Hagai Tal and investor Smart & Simple. The company aims to leverage the funds to reduce its existing debt and capitalize on near-term M&A opportunities. Taptica has previously acquired Tremor Videos demand-side platform and Japan-based marketing firm Adinnovation.
PIPEInvestment
growth-negative
Tremor Video Sells Its Demand-Side Business To Taptica For $50M
Tremor Video has sold its demand-side business to Taptica for $50 million. Tremors buy-side assets will be housed under an independent business division within Taptica called Tremor Video DSP. The divestiture allows Tremor to focus on its sell-side business, which has grown about 80% to $34 million in net revenue over the last 12 months. Tremors CEO believes the company is now well-positioned to capitalize on exploding OTT demand. The divestiture was also a defensive move as Tremors DSP didnt capture a growing percentage of video ad spend going to large social platforms. Post-transaction, Tremor will have over $80 million in cash, which can be used for future acquisitions.
PartnersLayoffs
growth-positive
Taptica founders sell shares for $51m in AIM offering
Taptica International Ltd., an Israeli mobile ad company, has seen its market cap increase by 173% since its IPO in 2014. Three Israelis, including former COO Maia Shiran and angel investor Ehud Levy, sold shares in a secondary offering on Londons Alternative Investment Market for a total of $51 million. The offering was carried out at a company value of $329 million. Taptica International Ltd. was founded in 2007 and held its IPO in 2014. It changed its name from Marimedia after acquiring Taptica for $13.8 million in 2014. The company has also made other acquisitions, including AreaOne and Adinnovation.
AcquisitionInvestment
growth-positive
http://www.marketwired.com/press-release/taptica-acquires-japanese-mobile-ad-company-adinnovation-2226295.htm
OKX has partnered with Pulsar to boost liquidity for Hong Kong users.
Partners
growth-positive
Mobile ads firm Taptica strengthens European business with new office in London
Mobile advertising platform Taptica has opened a new office in London as part of its international expansion. The company aims to strengthen relationships with brands in Europe and the UK, leveraging its partnerships with two major advertising firms in London. Taptica sees the new office as a strategic move to become a leading player in the growing mobile advertising market. This is the fourth international presence established by Taptica in the last 12 months, and it recently partnered with Japan-based marketing firm Adinnovation to expand further into the APAC region.
Partners
growth-positive
Taptica partners with Adways to target Asian mobile gamers
Mobile ad platform Taptica has partnered with Adways Korea to access the fast-growing Asian market. Adways has a strong reach within the mobile game ecosystem and 11 offices throughout Asia. Taptica recently opened an office in Seoul as part of its APAC shift. The partnership aims to serve the rapidly-growing Korean mobile app business and contribute to Tapticas 2017 revenues.
Partners
growth-positive
Daily Research News Online no. 21437 - Marimedia Becomes Taptica and Buys AreaOne
Marimedia, an Israeli digital ad tech firm, has changed its name to Taptica and announced its acquisition of social media marketing technology specialist AreaOne. The deal is valued at up to $17m in cash and shares over a two-year period. Tapticas CEO stated that the acquisition aligns with the companys strategy to invest in mobile marketing and social media networking solutions, while also providing an initial footprint in China and the Asian market. The acquisition is expected to contribute to the growth of Taptica and increase its competitive position in the industry.
Acquisition
growth-positive
Social Media Marketing Trends, Latest News & Tips Adweek
Taptica, a mobile user acquisition platform, has announced the $17 million acquisition of Facebook Marketing Partner AreaOne. This acquisition will expand Tapticas mobile offering into social media and bring in new clients and proprietary technology.
Acquisition
growth-positive
Taptica Raises Funding - FinSMEs
Taptica, a mobile user acquisition platform, has raised an undisclosed amount of funding. The funding will support Tapticas work with brands and app developers to engage and acquire valuable users on mobile through its proprietary technology based on artificial intelligence and machine learning at big data scale. Taptica currently works with 150 advertisers and over 1000 supply and publishing partners.
Investment
Nexxen Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 19 |
| Team members | 2 |
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Admin Info
| Confidence | 92/100 |
| Missing | markets, not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 513956060 |
| Crunchbase | taptica |
| Phone | +97235453900 |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2022-12-18T00:00:00.000Z |
| Created | 2014-10-28T00:00:00.000Z |
| Status detail | Public on AIM on May, 2014;Public on NASDAQ on Jan, 2024; |