In addition, digitization of Meredith’s assets slowed a bit as IAC delayed hiring due to higher overall economic uncertainty.
The Company's cloud-based software eliminates various barriers and solves.
Its cloud-based tools encourage its users to create, collaborate and communicate with video on a single, turnkey platform.
Find the average price target, expert sentiment, charts & stats. The Company offers all-in-one video software solution. See a free in-depth analysis of VMEO stock, including forecasts from trusted sources. What are analysts forecasts for Vimeo stock The 10 analysts offering price forecasts for Vimeo have a median target of. is a software-as-a-service (SaaS) video company that provides video tools. View real-time stock prices & the companies financial overview to help with your trading. According to the current price, Vimeo is 14.38 away from the 52-week high. However, those were outweighed by the impact of the macroenvironment during the quarter. Check out the latest VIMEO (VMEO) stock quote and chart. Other fees such as trading (non-commission) fees.
While a continuing decline in print (down 26%) was expected, the digital advertising revenue decline of 7% took us by surprise, as we expected Dotdash Meredith’s combined contextual and behavioral advertising offering, plus data privacy issues faced by various social media platforms, to attract more ad dollars. View the real-time VMEO price chart on Robinhood and decide if you want to buy or sell commission-free.
While we expect a return to growth for Dotdash Meredith’s advertising revenue in the fourth quarter, we lowered our total IAC growth assumption due to the uncertain macroenvironment, resulting in a $156 fair value estimate, down slightly from $160.ĭotdash Meredith revenue of $489.5 million was down 18% from last year’s pro forma revenue of $598.9 million, which includes Meredith revenue prior to the acquisition. Get the latest Vimeo, Inc VMEO detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Vimeo OTT Vimeo Livestream Vimeo Stock Vimeo Enterprise Vimeo Create. IAC’s second-quarter results missed the FactSet consensus estimates on the top and bottom lines, mainly due to the slower-than-expected digital transition of the acquired Meredith and the macro driven decline in digital advertising revenue, which were partially offset by strength in Angi revenue. View Vimeo, Inc VMEO investment & stock information. Vimeo, Inc is an American video hosting, sharing, and services platform provider. According to 13 analysts, the average rating for VMEO stock is 'Buy.' The 12-month stock price forecast is 11.39, which is an increase of 98.78 from the latest price.