-- 独立系調査会社CFRAは、に対し、以下の調査レポートを提供しました。CFRAのアナリストは、以下のように見解をまとめています。AI競争環境における不確実性を反映し、2027年のEPS予想PERを13.4倍と高めに設定し、目標株価を19ドルから28ドルに引き上げます。同業他社や過去の株価倍率を下回る水準です。第1四半期決算が予想を上回り、第2四半期の業績見通しも好調だったことを受け、2026年のEPS予想を1.75ドルから1.87ドルに、2027年のEPS予想を1.90ドルから2.09ドルに引き上げます。短期的な成長の主な原動力は、海外での収益化の改善（第1四半期の売上高は、海外地域が59%、欧州が27%増加）と見ており、同社のAI投資は広告主にとってより大きな成果をもたらしています。 PINSのレコメンデーションエンジンモデルは、第1四半期に検索実行率を180ベーシスポイント向上させました。また、Performance+キャンペーンは、ファネル下層部の収益の30%を占めるまでになり、導入企業は非導入企業の2倍のペースで支出を伸ばしています。さらに、今回完了したtvScientificとの取引は、成長著しいコネクテッドTV市場に新たな成長機会をもたらしました。当社は、PINSの10%台前半のPERが、これらの成長戦略と投資家へのより積極的なキャッシュリターンを過小評価していると考えています。
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