Digimarc (DMRC) is scheduled to report 2nd quarter earnings on 07/31/2024.
Regarding Q2 estimates, Wall Street analysts expect Digimarc to post earnings of -$0.48 per share. Revenue expectations are pegged at $10.12 million. Last quarter, Digimarc beat earnings estimates, reporting EPS of -$0.50 on estimates of -$0.53. The stock rose by 1.19% the day after the last earnings release.
Year-to-date, DMRC stock has fallen by -4.82%.
Is Digimarc Stock a Buy?
Wall Street’s consensus rating for DMRC stock is a Moderate Buy, with an average analyst price target of $40.00, implying upside potential of 16.35% from current levels.
DMRC shares have lost about -10.00% in the past six months.
About Digimarc
Digimarc Corp. engages in the provision of media identification and management solutions. It develops solutions, license intellectual property and provides development services. It also connects print, audio and packaging to brand-defined online content; protects, identifies, and tracks digital files; and confirms content and objects are genuine, unaltered, and from an authorized source. Its products include Digimarc Discover and Digimarc Barcode. The company was founded on June 18, 2008 and is headquartered in Beaverton, OR.
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