Inuvo (NYSE:INUV – Free Report) had its price objective increased by HC Wainwright from $2.00 to $15.00 in a report published on Monday morning,Benzinga reports. They currently have a buy rating on the stock. HC Wainwright also issued estimates for Inuvo’s Q2 2025 earnings at ($0.11) EPS, Q3 2025 earnings at $0.01 EPS, Q4 2025 earnings at $0.06 EPS and FY2026 earnings at $0.08 EPS.
Separately, Wall Street Zen started coverage on Inuvo in a research note on Tuesday, May 20th. They set a “hold” rating for the company.
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Inuvo Stock Performance
Inuvo (NYSE:INUV – Get Free Report) last posted its quarterly earnings results on Friday, May 9th. The company reported ($0.10) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.10). Inuvo had a negative return on equity of 57.24% and a negative net margin of 10.59%. During the same period last year, the firm posted ($0.10) earnings per share. Research analysts forecast that Inuvo will post -0.02 EPS for the current fiscal year.
Hedge Funds Weigh In On Inuvo
Large investors have recently bought and sold shares of the business. Perkins Capital Management Inc. boosted its holdings in Inuvo by 3.7% in the fourth quarter. Perkins Capital Management Inc. now owns 7,083,452 shares of the company’s stock worth $4,579,000 after acquiring an additional 255,590 shares in the last quarter. Geode Capital Management LLC grew its holdings in Inuvo by 12.6% during the fourth quarter. Geode Capital Management LLC now owns 1,203,887 shares of the company’s stock worth $778,000 after acquiring an additional 134,497 shares during the period. Belpointe Asset Management LLC acquired a new position in Inuvo in the first quarter valued at approximately $25,000. Finally, Renaissance Technologies LLC boosted its position in Inuvo by 9.3% in the 4th quarter. Renaissance Technologies LLC now owns 507,149 shares of the company’s stock worth $328,000 after purchasing an additional 43,349 shares in the last quarter. Institutional investors own 29.36% of the company’s stock.
About Inuvo
Inuvo, Inc engages in the advertising technology and services business primarily in the United States. It sells information technology solutions to brands, agencies, and large consolidators of advertising demand (platforms). Its platforms optimize the purchase and placement of advertising in real time.
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