Why Criteo Stock Was a Winner on Wednesday
It's safe to say (NASDAQ: CRTO) shareholders weren't feeling the sluggishness of Hump Day. Collectively, they traded up the shares of the France-based adtech company after it posted its latest earnings report, leaving them with a nearly 1% gain at market close. That compared favorably to the slight decline of 0.1% posted by the S 500 index that trading session.
For its second quarter, Criteo -- which reports in U.S. dollars -- earned $483 million, which was a 2% improvement over the same period of 2024. Going in the opposite direction was non-GAAP (adjusted) net income; this fell to $51 million ($0.92 per share) from the year-ago profit of $64 million.
Image source: Getty Images.
Source Fool.com
Criteo S.A. ADR Stock
€19.90
1.530%
With 17 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
Based on the current price of 19.9 € the target price of 48 € shows a potential of 141.21% for Criteo S.A. ADR which would more than double the current price.
