Morgan Stanley has revised its price target for Criteo (CRTO, Financial), reducing it from $44 to $40. Despite this adjustment, the firm maintains an Equal Weight rating for the company's shares. The decision comes as Morgan Stanley reassesses its projections for North American internet stocks.
The adjustment reflects broader concerns regarding macroeconomic factors and the impact of tariffs on both e-commerce and digital advertising sectors. These challenges have prompted the firm to revise its estimates across the board for stocks within its coverage.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Criteo SA (CRTO, Financial) is $56.91 with a high estimate of $68.00 and a low estimate of $40.00. The average target implies an upside of 94.89% from the current price of $29.20. More detailed estimate data can be found on the Criteo SA (CRTO) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Criteo SA's (CRTO, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Criteo SA (CRTO, Financial) in one year is $19.95, suggesting a downside of 31.68% from the current price of $29.2. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Criteo SA (CRTO) Summary page.
