Cardlytics, Inc. (CDLX) Stock Is Crashing Now

The stock of Cardlytics, Inc. (NASDAQ:CDLX) is a huge mover today! The stock decreased 6.50% or $2.44 during the last trading session, reaching $35.03. About 249,613 shares traded. Cardlytics, Inc. (NASDAQ:CDLX) has risen 58.04% since September 13, 2018 and is uptrending. It has outperformed by 58.04% the S&P500.
The move comes after 7 months negative chart setup for the $801.34M company. It was reported on Sep, 13 by Barchart.com. We have $33.63 PT which if reached, will make NASDAQ:CDLX worth $32.05M less.

Analysts await Cardlytics, Inc. (NASDAQ:CDLX) to report earnings on November, 12. They expect $-0.28 EPS, up 33.33 % or $0.14 from last year’s $-0.42 per share. After $-0.26 actual EPS reported by Cardlytics, Inc. for the previous quarter, Wall Street now forecasts 7.69 % negative EPS growth.

Cardlytics, Inc. (NASDAQ:CDLX) Ratings Coverage

Among 2 analysts covering Cardlytics (NASDAQ:CDLX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cardlytics has $4000 highest and $2500 lowest target. $33.33’s average target is -4.85% below currents $35.03 stock price. Cardlytics had 7 analyst reports since April 12, 2019 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, August 9 by Raymond James. The firm earned “Buy” rating on Friday, August 9 by SunTrust.

More notable recent Cardlytics, Inc. (NASDAQ:CDLX) news were published by: Globenewswire.com which released: “Cardlytics Announces Fourth Quarter and Fiscal Year 2018 Financial Results – GlobeNewswire” on March 05, 2019, also 247Wallst.com with their article: “Which Internet Leaders Will Do Best (and Worst) in the Next Recession – 24/7 Wall St.” published on August 19, 2019, Seekingalpha.com published: “Cardlytics offering 1.5M shares, holders 1.19M shares – Seeking Alpha” on September 09, 2019. More interesting news about Cardlytics, Inc. (NASDAQ:CDLX) were released by: Globenewswire.com and their article: “Cardlytics Announces Third Quarter 2018 Financial Results Nasdaq:CDLX – GlobeNewswire” published on November 13, 2018 as well as Streetinsider.com‘s news article titled: “Pre-Open 09/10: (AVEO) (APSU) (LAKE) Higher (ITCI) (TBIO) (WEN) Lower (more…) – StreetInsider.com” with publication date: September 10, 2019.

Cardlytics, Inc. operates a purchase intelligence platform in the United States and the United Kingdom. The company has market cap of $801.34 million. It operates in two divisions, Cardlytics Direct and Other Platform Solutions. It currently has negative earnings. The company's platform is the Cardlytics Direct solution, a proprietary native bank advertising channel that enables marketers to reach clients through their trusted and frequently visited online and mobile banking channels.

Cardlytics, Inc. (NASDAQ:CDLX) Ratings Chart

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