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Added to YB: 2024-04-08

Pitch date: 2024-04-08

CDLX [bullish]

Cardlytics, Inc.

-92.66%

current return

Author Info

Banash Capital is a qualitative analyst who shares stock ideas in their newsletter. Sign up for the newsletter.

Company Info

Cardlytics, Inc. operates an advertising platform in the United States and the United Kingdom. The company offers Cardlytics platform, a proprietary native bank advertising channel that enables marketers to reach customers through digital channels, such as online, mobile applications, email, and various real-time notifications; and Bridg platform, a customer data platform which utilizes point-of-sale data from merchant data partners, including product-level purchase data to enable marketers to perform analytics and targeted loyalty marketing, as well as measure the impact of their marketing.

Market Cap

$129.4M

Pitch Price

$14.17

Price Target

21.00 (+1844%)

Dividend

N/A

EV/EBITDA

-11.15

P/E

-0.68

EV/Sales

1.14

Sector

Media

Category

turnaround

Show full summary:
CDLX now a better RR than when I bought it for $5?

CDLX: Bullish on Cardlytics' turnaround under new CEO. Key wins: BOA/Chase renewals, new UI rollout, major advertisers added, Amex partnership, debt resolved. Projecting strong growth & cash flow despite heavy dilution. Amex deal validates moat & bank value prop. $21+ PT on conservative estimates.

Read full article (6 min)