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BCOV - Brightcove - Do Not Churn This Stock - $52 Price Target
June, 22 2021 09:30 AM
Brightcove Inc.
Brightcove stock was marked down after Q1 because of elevated churn with its media customers. This issue is under intense management focus and they believe it will be solved in H2 2021. The stock is extremely cheap for a SaaS stock at 2x sales. I believe an 8x multiple like its peers is more fitting. For further details see:
Brightcove - Do Not Churn This Stock - $52 Price Target
Stock Information
Company Name:
Brightcove Inc.
Stock Symbol:
BCOV
Market:
NASDAQ
Website:
brightcove.com
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