Stagwell stock holds $10 target following investor day

Published 03/04/2025, 14:34
Stagwell stock holds $10 target following investor day

On Wednesday, Benchmark analysts maintained a Buy rating and a $10.00 price target for Stagwell Inc. (NASDAQ: STGW) shares, representing a significant upside from the current price of $5.79. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value metrics. The affirmation came after the company’s virtual investor day, which took place on Tuesday, April 2, 2025. During the event, Stagwell presented its strategic plans aimed at driving growth in revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) across its business segments.

The analysts highlighted several factors that they believe will contribute to Stagwell’s growth. With a robust revenue growth of 12.43% and EBITDA of $309.59M in the last twelve months, these include a shift in revenue mix towards Digital Transformation (DT) and Advocacy, which is expected to enhance the company’s margin profile, particularly in non-political years. Additionally, they anticipate that the impact of Stagwell Marketing Cloud (SMC) investments, which are projected to taper off in the second half of 2026, will free up capital and further improve margins in the company’s most profitable segment.

The report also points to cost savings of $80 million to $100 million over the next 12 to 18 months, driven by automation. These savings are part of Stagwell’s efficiency initiatives and are expected to contribute to the company’s financial performance. InvestingPro subscribers can access 8 additional key insights about Stagwell’s financial health and growth prospects, along with comprehensive analysis in the Pro Research Report. Furthermore, the analysts noted that Stagwell’s strategy of divesting non-strategic assets, coupled with margin enhancement through scale-driven mergers and acquisitions, should support the company’s growth trajectory.

Stagwell’s investor day provided a comprehensive view of the company’s strategic initiatives and financial goals. The analysts at Benchmark have expressed confidence in Stagwell’s ability to achieve multiple expansion and enhance shareholder value through the execution of these plans. The maintained price target of $10.00, supported by strong free cash flow yield and expected net income growth according to InvestingPro data, reflects the firm’s positive outlook on Stagwell’s stock performance.

In other recent news, Stagwell reported its fourth-quarter 2024 earnings, which met analysts’ expectations with an earnings per share of $0.24 and revenue of $789 million. This revenue figure exceeded forecasts by approximately 5%, highlighting a strong performance with a 20% year-over-year increase. Stagwell also announced a significant goal during its 2025 Investor Day, aiming to reach $5 billion in annual revenue by 2029, alongside a $1 billion target in adjusted EBITDA within five years. The company plans to achieve substantial cost savings of $80 to $100 million through AI-driven technologies. Additionally, Stagwell is restructuring its business units and simplifying its capital structure by converting Class C shares to Class A publicly traded stock. In a strategic move, Stagwell appointed John Kahan as its first Chief AI Officer to advance AI integration within its operations. Furthermore, Stagwell is enhancing its data capabilities through a partnership with Palantir (NASDAQ:PLTR), integrating advanced data analysis and AI tools.

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