Fintel reports that on September 14, 2023, Needham reiterated coverage of Kaltura (NASDAQ:KLTR) with a Buy recommendation.
Analyst Price Forecast Suggests 80.45% Upside
As of August 31, 2023, the average one-year price target for Kaltura is 3.23. The forecasts range from a low of 1.77 to a high of $5.25. The average price target represents an increase of 80.45% from its latest reported closing price of 1.79.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Kaltura is 181MM, an increase of 4.95%. The projected annual non-GAAP EPS is -0.20.
What is the Fund Sentiment?
There are 121 funds or institutions reporting positions in Kaltura. This is an increase of 45 owner(s) or 59.21% in the last quarter. Average portfolio weight of all funds dedicated to KLTR is 0.08%, a decrease of 20.24%. Total shares owned by institutions increased in the last three months by 16.71% to 43,520K shares. 
The put/call ratio of KLTR is 0.00, indicating a bullish outlook.
What are Other Shareholders Doing?
Goldman Sachs Group holds 14,447K shares representing 10.43% ownership of the company. In it's prior filing, the firm reported owning 14,445K shares, representing an increase of 0.01%. The firm increased its portfolio allocation in KLTR by 258.95% over the last quarter.
Sapphire Ventures, L.l.c. holds 7,980K shares representing 5.76% ownership of the company. No change in the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,319K shares representing 1.67% ownership of the company. In it's prior filing, the firm reported owning 2,685K shares, representing a decrease of 15.79%. The firm decreased its portfolio allocation in KLTR by 12.02% over the last quarter.
IWM - iShares Russell 2000 ETF holds 1,719K shares representing 1.24% ownership of the company. In it's prior filing, the firm reported owning 1,077K shares, representing an increase of 37.31%. The firm increased its portfolio allocation in KLTR by 115.32% over the last quarter.
Gagnon Securities holds 1,630K shares representing 1.18% ownership of the company.
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