Bending Spoons (NASDAQ:BSP) Posts Quarterly Earnings Results, Beats Estimates By $0.19 EPS

Bending Spoons (NASDAQ:BSP) announced its earnings results on Thursday. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.19, FiscalAI reports. The business had revenue of $704.15 million for the quarter. The firm’s quarterly revenue was up 126.3% on a year-over-year basis.

Here are the key takeaways from Bending Spoons’ conference call:

• Q2 revenue rose 126% to $704 million, while adjusted operating income increased 150% to $381 million, with the margin expanding to 54%. Diluted EPS and adjusted EPS increased 163% and 167%, respectively.
• Management reiterated strong M&A momentum, completing the $759 million Tractive acquisition and agreeing to acquire Airtable for $1.29 billion. The company said its pipeline remains robust and that the Airtable deal is expected to close before year-end, although it is not included in current guidance.
• Management reported progress integrating AOL, Eventbrite, and Vimeo, including more than 70 product improvements and major technology modernizations. At Eventbrite, paid user-acquisition spending fell about 30% without harming top-of-funnel metrics, while advertising monetization improved approximately 20%.
• Organic revenue growth was 3%, with strength from WeTransfer and Tractive offset by declines at Remini and Splice. Management said AI has not materially disrupted most businesses, though it may be contributing to greater competition and customer-acquisition difficulty at Remini.
• The company’s long-term expansion depends on attracting talent, integrating acquisitions, and accessing capital, with operational capacity identified as a potential bottleneck. Interest expense increased 205% year over year amid higher debt levels, although post-quarter IPO proceeds and new financing provide funding for Airtable and additional deals.

Bending Spoons Price Performance

Shares of BSP traded down $8.13 during mid-day trading on Thursday, hitting $40.85. 3,738,968 shares of the company traded hands, compared to its average volume of 2,860,207. Bending Spoons has a 1 year low of $30.11 and a 1 year high of $58.94.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Sanford C. Bernstein initiated coverage on shares of Bending Spoons in a research note on Monday, July 27th. They issued an “outperform” rating and a $40.00 price target for the company. Bank of America cut shares of Bending Spoons from a “neutral” rating to an “underperform” rating and set a $39.00 price objective on the stock. in a report on Wednesday. BNP Paribas Exane began coverage on shares of Bending Spoons in a report on Monday, July 27th. They set an “outperform” rating and a $40.00 target price for the company. Jefferies Financial Group set a $38.00 price target on Bending Spoons and gave the stock a “hold” rating in a research report on Sunday, July 26th. Finally, The Goldman Sachs Group began coverage on Bending Spoons in a research note on Monday, July 27th. They issued a “buy” rating and a $43.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $43.30.

Trending Headlines about Bending Spoons

Here are the key news stories impacting Bending Spoons this week:

• Positive Sentiment: Q2 results exceeded expectations: Non-GAAP earnings per share were $0.46, well above the $0.27 consensus estimate, while revenue reached approximately $704.2 million—$21.4 million ahead of expectations and up 126.3% year over year. Bending Spoons announces Q2 2026 results
• Positive Sentiment: Near-term growth remains robust: Third-quarter revenue guidance of $733 million to $745 million brackets the $738.6 million analyst consensus, indicating management expects momentum to continue.
• Neutral Sentiment: Full-year outlook is slightly below expectations: Bending Spoons forecast approximately $2.8 billion in FY 2026 revenue, below the $2.9 billion consensus estimate. The company did not provide a usable EPS figure in the reported guidance.
• Negative Sentiment: M&A spending is raising investor concerns: Q2 growth came with a larger acquisition bill, intensifying questions about whether the company can generate enough cash to fund its ambitious M&A model without increasing financial strain. Bending Spoons’ Q2 growth comes with a bigger M&A bill
• Negative Sentiment: Analyst sentiment weakened: Bank of America downgraded BSP from “neutral” to “underperform” and assigned a $39 price target, citing concerns that the company may not have sufficient resources to support its acquisition strategy. Bending Spoons might not have enough to fund ambitious M&A model
• Negative Sentiment: Short interest increased sharply: Reported short interest rose 69.4% to 14.5 million shares as of July 31, suggesting more investors are positioning for weakness and potentially amplifying volatility.

Bending Spoons Company Profile

Bending Spoons S.p.A. is a technology company. It acquires digital businesses, implements deep transformations and ongoing optimizations to sustainably expand earnings and reinvests in additional acquisitions, thereby continuing the compounding cycle. Bending Spoons S.p.A. is based in MILAN.