The Marchex Inc (MCHX) share price is expected to increase by 78.57% over the next year. This is based on calculating the average 12-month share price estimate provided by 2 stock analysts who have covered MCHX. Price targets range from $2.5 at the low end to $4 at the high end. The current analyst consensus for MCHX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 2 Wall Street analysts have assignedMCHX 2 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Marchex Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MCHX. 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 MCHX.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Darren Aftahi Roth Capital | Buy | $4 | Maintains | Dec 28, 2021 |
Roth Capital | Buy | $7 | Upgrade | Jan 28, 2019 |
Roth Capital | Neutral | Downgrade | Aug 10, 2016 | |
Roth Capital | Buy | Initiates | Dec 21, 2015 | |
H.C. Wainwright | Equal-Weight | Downgrade | Jun 30, 2015 | |
HC Wainwright & Co. | Equal-Weight | Downgrade | Jun 30, 2015 | |
BMO Capital | Market Perform | $5 | Downgrade | Sep 19, 2014 |
Deutsche Bank | Buy | $14 | Maintains | May 2, 2014 |
Deutsche Bank | Buy | Initiates | Apr 7, 2014 | |
BMO Capital | Outperform | $11 | Maintains | Nov 7, 2013 |
Northland Securities | Outperform | Initiates | Nov 5, 2013 | |
Northland Capital Markets | Outperform | Initiates | Nov 5, 2013 | |
Stephens & Co. | Overweight | Initiates | Oct 29, 2013 | |
RBC Capital | Outperform | $8 | Upgrade | Aug 7, 2013 |
Craig-Hallum | Hold | Downgrade | Aug 3, 2012 |
When did it IPO
2004
Staff Count
164
Country
United States
Sector/Industry
Communication Services/Advertising Agencies
CEO
Market Cap
$81.2M
In 2023, MCHX generated $49.9M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that MCHX'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.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Marchex, Inc. (MCHX) held its Q3 2024 earnings call, discussing financial performance and business updates. Further details can be found in the full transcript.
Why It Matters - The Q3 2024 earnings call for Marchex, Inc. provides insights into the company's financial performance, growth potential, and market position, influencing investment decisions and stock valuation.
Summary - Marchex, Inc. (NASDAQ: MCHX) reported Q3 2024 revenue of $12.6 million, down from $12.8 million in Q3 2023. The net loss was $0.8 million, or $0.02 per diluted share.
Why It Matters - Marchex's slight revenue decline and ongoing net loss may indicate challenges in growth or profitability, potentially impacting investor confidence and stock performance.
Summary - Marchex (MCHX) reported a quarterly loss of $0.01 per share, matching the Zacks Consensus Estimate and remaining consistent with a loss of $0.01 per share from the previous year.
Why It Matters - Marchex's consistent loss aligns with expectations, indicating stable performance. Investors may view this as a sign of resilience in challenging conditions, affecting stock sentiment.
Summary - Marchex (NASDAQ: MCHX) announced the phased rollout of AI solutions for lead identification and assessment, aimed at enhancing operational efficiency and ad spend returns.
Why It Matters - Marchex's rollout of AI solutions enhances operational efficiency and revenue potential, which could boost company performance and attract investor interest, impacting stock value positively.
Summary - Marchex (NASDAQ: MCHX) will release its Q3 2024 financial results on October 31, 2024, at approximately 4:20 p.m. ET, followed by a management discussion.
Why It Matters - Marchex's upcoming financial results release could impact its stock price, reflecting performance in AI and operational efficiency, key drivers for future growth and investor sentiment.
Summary - Marchex (MCHX) and Bilibili (BILI) have been compared to their sector performance year-to-date. Specific performance details were not provided in the excerpt.
Why It Matters - The performance of Marchex and Bilibili relative to their sector indicates their competitive positioning, impacting investor sentiment and potential future returns.