Vimeo (NASDAQ:VMEO) Releases Quarterly Earnings Results, Meets Expectations

Vimeo (NASDAQ:VMEO) posted its earnings results on Wednesday. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01, Zacks reports. Vimeo had a net margin of 8.08% and a return on equity of 8.56%. Vimeo updated its Q1 2025 guidance to EPS.

Vimeo Stock Up 1.0 %

NASDAQ VMEO opened at $6.78 on Thursday. The company has a market capitalization of $1.12 billion, a P/E ratio of 33.90 and a beta of 2.21. Vimeo has a 52 week low of $3.43 and a 52 week high of $7.90. The stock’s 50-day moving average price is $6.59 and its 200-day moving average price is $5.87.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. TD Cowen increased their price objective on Vimeo from $6.00 to $7.00 and gave the stock a “hold” rating in a report on Tuesday, November 5th. Piper Sandler raised Vimeo from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $7.00 to $10.00 in a report on Tuesday, December 10th. Finally, Truist Financial raised their price target on Vimeo from $7.00 to $9.00 and gave the company 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.