Added to YB: 2024-03-18
Pitch date: 2024-03-06
VMEO [bullish]
Vimeo, Inc.
+65.96%
current return
Author Info
No bio for this author
Company Info
Vimeo, Inc., together with its subsidiaries, provides video software solutions worldwide. It provides the video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform.
Market Cap
$653.4M
Pitch Price
$4.73
Price Target
8.10 (+3%)
Dividend
N/A
EV/EBITDA
12.03
P/E
22.85
EV/Sales
0.86
Sector
Interactive Media and Services
Category
special_situation
Heron Hunting Method Quick Pitch: Vimeo
VMEO: Bending Spoons considers acquiring Vimeo. Vimeo pivoting to enterprise, cutting costs; flat Q4 after sales declines. 11% EBITDA margin possible in '24. Deal synergies but Vimeo may be too large. 35% downside to $3 vs 45-72% upside to $6.80-$8.10 on 2-2.5x EV/sales.
Read full article (4 min)