Vimeo (NASDAQ:VMEO) Issues Earnings Results, Meets Expectations

Vimeo (NASDAQ:VMEO) announced its quarterly earnings data on Wednesday. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01, Zacks reports. Vimeo had a return on equity of 8.56% and a net margin of 8.08%. Vimeo updated its Q1 2025 guidance to EPS.

Vimeo Price Performance

Shares of Vimeo stock traded up $0.07 during trading on Wednesday, hitting $6.78. 4,977,108 shares of the company were exchanged, compared to its average volume of 1,326,543. The firm has a market capitalization of $1.12 billion, a P/E ratio of 33.90 and a beta of 2.21. Vimeo has a 1-year low of $3.43 and a 1-year high of $7.90. The firm’s fifty day moving average price is $6.60 and its 200 day moving average price is $5.87.

Analyst Upgrades and Downgrades

VMEO has been the subject of a number of research reports. TD Cowen lifted their price objective on Vimeo from $6.00 to $7.00 and gave the stock a “hold” rating in a research report on Tuesday, November 5th. Piper Sandler upgraded Vimeo from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $7.00 to $10.00 in a research report on Tuesday, December 10th. Finally, Truist Financial boosted their target price on Vimeo from $7.00 to $9.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th.

Vimeo Company Profile

Vimeo, Inc, together with its subsidiaries, provides video software solutions worldwide. It provides the video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform. The company also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools.