Brightcove Stock Price Prediction

BCOV Stock  USD 3.01  0.02  0.67%   
The relative strength indicator of Brightcove's share price is above 70 at this time suggesting that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Brightcove, making its price go up or down.

Oversold Vs Overbought

71

 
Oversold
 
Overbought
The successful prediction of Brightcove's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Brightcove and does not consider all of the tangible or intangible factors available from Brightcove's fundamental data. We analyze noise-free headlines and recent hype associated with Brightcove, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Brightcove's stock price prediction:
Quarterly Earnings Growth
(0.79)
EPS Estimate Next Quarter
(0.03)
EPS Estimate Next Year
0.035
Wall Street Target Price
4.25
EPS Estimate Current Quarter
(0.04)
Using Brightcove hype-based prediction, you can estimate the value of Brightcove from the perspective of Brightcove response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Brightcove to buy its stock at a price that has no basis in reality. In that case, they are not buying Brightcove because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Brightcove after-hype prediction price

    
  USD 3.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Brightcove Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.
Intrinsic
Valuation
LowRealHigh
0.223.957.68
Details
Naive
Forecast
LowNextHigh
0.062.946.67
Details
2 Analysts
Consensus
LowTargetHigh
6.377.007.77
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.00250.000
Details

Brightcove After-Hype Price Prediction Density Analysis

As far as predicting the price of Brightcove at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Brightcove or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Brightcove, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Brightcove Estimiated After-Hype Price Volatility

In the context of predicting Brightcove's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Brightcove's historical news coverage. Brightcove's after-hype downside and upside margins for the prediction period are 0.15 and 6.73, respectively. We have considered Brightcove's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
3.01
3.00
After-hype Price
6.73
Upside
Brightcove is relatively risky at this time. Analysis and calculation of next after-hype price of Brightcove is based on 3 months time horizon.

Brightcove Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Brightcove is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Brightcove backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Brightcove, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.54 
3.73
  0.01 
  0.17 
7 Events / Month
11 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.01
3.00
0.33 
37,300  
Notes

Brightcove Hype Timeline

Brightcove is currently traded for 3.01. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.17. Brightcove is estimated to decline in value after the next headline, with the price expected to drop to 3.0. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.33%, whereas the daily expected return is currently at 0.54%. The volatility of related hype on Brightcove is about 1213.67%, with the expected price after the next announcement by competition of 3.18. About 67.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.41. Some equities with similar Price to Book (P/B) outperform the market in the long run. Brightcove recorded a loss per share of 0.21. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 7 days.
Check out Brightcove Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.

Brightcove Related Hype Analysis

Having access to credible news sources related to Brightcove's direct competition is more important than ever and may enhance your ability to predict Brightcove's future price movements. Getting to know how Brightcove's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Brightcove may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
AMSWAAmerican Software 0.13 7 per month 1.18  0.1  3.79 (2.53) 10.40 
ALKTAlkami Technology 0.01 12 per month 2.07  0.09  5.15 (4.11) 11.93 
ASURAsure Software 0.32 9 per month 2.91  0.04  5.27 (3.76) 19.48 
BLKBBlackbaud 2.40 10 per month 2.92  0.01  2.93 (2.08) 18.39 
ENFNEnfusion(0.19)11 per month 1.47  0.11  3.93 (2.77) 10.11 
DUOTDuos Technologies Group 0.22 6 per month 4.22  0.19  10.88 (7.49) 26.55 
ADEAADEIA P 0.34 9 per month 3.91 (0.01) 3.82 (3.41) 28.09 
PYCRPaycor HCM 0.54 10 per month 1.46  0.1  3.05 (2.96) 9.64 
APPFAppfolio(0.47)10 per month 2.23 (0.01) 2.64 (2.27) 15.04 
AGYSAgilysys 1.42 11 per month 2.95  0.08  3.43 (5.24) 14.47 
MIXTMix Telemats 0.00 0 per month 0.00 (0.11) 3.52 (3.34) 12.12 
CVTCvent Holding Corp 0.01 12 per month 0.00 (0.44) 0.24 (0.24) 1.07 
IDBAIdex Biometrics ASA(0.10)5 per month 0.00 (0.24) 2.74 (6.49) 17.01 
DHXDHI Group(0.03)10 per month 3.29  0.04  7.47 (6.29) 20.21 
AIXIXIAO I American 0.01 8 per month 7.84  0.09  20.39 (15.38) 41.61 

Brightcove Additional Predictive Modules

Most predictive techniques to examine Brightcove price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Brightcove using various technical indicators. When you analyze Brightcove charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Brightcove Predictive Indicators

The successful prediction of Brightcove stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Brightcove, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Brightcove based on analysis of Brightcove hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Brightcove's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Brightcove's related companies.
 2021 2022 2023 2024 (projected)
Payables Turnover6.626.85.365.1
Days Of Inventory On Hand38.9541.237.0822.84

Story Coverage note for Brightcove

The number of cover stories for Brightcove depends on current market conditions and Brightcove's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Brightcove is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Brightcove's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Brightcove Short Properties

Brightcove's future price predictability will typically decrease when Brightcove's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Brightcove often depends not only on the future outlook of the potential Brightcove's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Brightcove's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding43.1 M
Cash And Short Term Investments18.6 M

Additional Tools for Brightcove Stock Analysis

When running Brightcove's price analysis, check to measure Brightcove's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brightcove is operating at the current time. Most of Brightcove's value examination focuses on studying past and present price action to predict the probability of Brightcove's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brightcove's price. Additionally, you may evaluate how the addition of Brightcove to your portfolios can decrease your overall portfolio volatility.