The (EGIO) share price is expected to decrease by NAN% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered EGIO. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for EGIO is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned EGIO 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on EGIO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of EGIO.
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In 2023, EGIO generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that EGIO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
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Summary - Edgio has formed a strategic partnership with Eyeon Security to enhance its presence in the domestic security market in South Korea, focusing on customized security services.
Why It Matters - Edgio's partnership with Eyeon Security enhances its market position and sales strategy in the security sector, potentially boosting revenue and investor confidence.
Summary - Edgio launched Premier Bot Manager, a new bot management solution that enhances detection and AI-driven threat intelligence to protect enterprise applications from automated threats.
Why It Matters - Edgio's launch of Premier Bot Manager enhances security for enterprises, potentially improving client retention and attracting new business, which can positively impact revenue and stock performance.
Summary - Edgio announced enhancements to its applications platform, improving Real User Monitoring and low-code prefetching to boost web performance and user experience.
Why It Matters - Edgio's enhancements in web performance and user experience could boost client satisfaction and retention, potentially increasing revenue and market share, which is favorable for investors.
Summary - Edgio has launched new security features, including JSON Web Token authentication and enhanced Advanced Rate Limiting, to strengthen API security and defend against automated attacks.
Why It Matters - Edgio's new security features enhance API protection, which could attract more clients and boost revenue, positively impacting its market position and stock performance.
Summary - Edgio, Inc. has filed for Chapter 11 bankruptcy in Delaware to facilitate sale transactions aimed at ensuring the company's continued operations under new ownership.
Why It Matters - Edgio's Chapter 11 filing signals financial distress and potential asset sales, which can impact stock value and investor confidence. Future ownership changes may alter business operations significantly.
Summary - Edgio, Inc. (Nasdaq: EGIO) received a notice from Nasdaq on August 21, 2024, indicating it is not compliant with listing requirements due to the pending filing of its Q2 2024 report.
Why It Matters - Edgio, Inc.'s non-compliance with Nasdaq listing rules signals potential financial instability, which may lead to decreased investor confidence and affect stock performance.