CTV vs. BLZE, MTLS, RDVT, PRCH, ONTF, DOMO, AMSWA, MIXT, AEYE, and CCSI
Should you be buying Innovid stock or one of its competitors? The main competitors of Innovid include Backblaze (BLZE), Materialise (MTLS), Red Violet (RDVT), Porch Group (PRCH), ON24 (ONTF), Domo (DOMO), American Software (AMSWA), MiX Telematics (MIXT), AudioEye (AEYE), and Consensus Cloud Solutions (CCSI). These companies are all part of the "prepackaged software" industry.
Backblaze (NASDAQ:BLZE) and Innovid (NYSE:CTV) are both small-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their community ranking, risk, analyst recommendations, earnings, media sentiment, dividends, profitability, institutional ownership and valuation.
Innovid has a net margin of -20.24% compared to Innovid's net margin of -48.62%. Backblaze's return on equity of -7.81% beat Innovid's return on equity.
Backblaze has a beta of 1.21, suggesting that its share price is 21% more volatile than the S&P 500. Comparatively, Innovid has a beta of 3.28, suggesting that its share price is 228% more volatile than the S&P 500.
Backblaze currently has a consensus price target of $14.00, suggesting a potential upside of 96.63%. Innovid has a consensus price target of $2.70, suggesting a potential upside of 34.33%. Given Innovid's stronger consensus rating and higher probable upside, equities research analysts clearly believe Backblaze is more favorable than Innovid.
Backblaze received 6 more outperform votes than Innovid when rated by MarketBeat users. However, 65.38% of users gave Innovid an outperform vote while only 57.50% of users gave Backblaze an outperform vote.
54.0% of Backblaze shares are held by institutional investors. Comparatively, 25.5% of Innovid shares are held by institutional investors. 5.2% of Backblaze shares are held by company insiders. Comparatively, 9.9% of Innovid shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Innovid has higher revenue and earnings than Backblaze. Innovid is trading at a lower price-to-earnings ratio than Backblaze, indicating that it is currently the more affordable of the two stocks.
In the previous week, Backblaze had 4 more articles in the media than Innovid. MarketBeat recorded 5 mentions for Backblaze and 1 mentions for Innovid. Innovid's average media sentiment score of 1.02 beat Backblaze's score of 0.00 indicating that Backblaze is being referred to more favorably in the media.
Summary
Backblaze and Innovid tied by winning 9 of the 18 factors compared between the two stocks.
Get Innovid News Delivered to You Automatically
Sign up to receive the latest news and ratings for CTV and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding CTV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Related Companies and Tools
