CDLX stock icon

Cardlytics
CDLX

$9.2
0.22%
 

About: Cardlytics Inc operates an advertising platform within financial institutions' digital channels, which include online, mobile, email, and various real-time notifications. The company operates through segments namely, Cardlytics platform in the U.S. and U.K., and the Bridg platform. The Cardlytics platform segment which generates key revenue, operates a proprietary native bank advertising channel that enables marketers to reach consumers through their trusted and frequently visited online and mobile banking channels. The Bridg platform generates revenue through the sale of subscriptions to the cloud-based customer-data platform and the delivery of professional services like implementation, onboarding, and technical support. The company receives maximum revenue from the United States.

Employees: 444

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 8 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

117% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 18

92% more capital invested

Capital invested by funds: $269M [Q4 2023] → $516M (+$247M) [Q1 2024]

64% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 33

50% more funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 9 (+3) [Q1 2024]

17% more funds holding

Funds holding: 123 [Q4 2023] → 144 (+21) [Q1 2024]

6.42% more ownership

Funds ownership: 74.36% [Q4 2023] → 80.79% (+6.42%) [Q1 2024]

43% less call options, than puts

Call options by funds: $10.7M | Put options by funds: $18.7M

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$12
30%
upside
Avg. target
$14.5
58%
upside
High target
$18
96%
upside

8 analyst ratings

positive
100%
neutral
0%
negative
0%
Needham
Kyle Peterson
30%upside
$12
Buy
Reiterated
11 Jun 2024
Craig-Hallum
Jason Kreyer
30%upside
$12
Buy
Maintained
9 May 2024
Needham
Kyle Peterson
30%upside
$12
Buy
Maintained
9 May 2024
Needham
Kyle Peterson
85%upside
$17
Buy
Maintained
9 Apr 2024
Lake Street
Jacob Stephan
96%upside
$18
Buy
Maintained
15 Mar 2024

Financial journalist opinion