Analysts Offer Predictions for Otonomo Technologies Ltd.’s FY2025 Earnings (NASDAQ:OTMO)

Otonomo Technologies Ltd. (NASDAQ:OTMOGet Rating) – Investment analysts at B. Riley dropped their FY2025 earnings per share estimates for Otonomo Technologies in a research report issued to clients and investors on Wednesday, November 16th. B. Riley analyst J. Nichols now forecasts that the company will earn $0.46 per share for the year, down from their prior forecast of $0.52. B. Riley has a “Buy” rating and a $1.50 price objective on the stock. The consensus estimate for Otonomo Technologies’ current full-year earnings is ($0.47) per share.

Separately, Needham & Company LLC reduced their price target on Otonomo Technologies from $6.00 to $2.00 and set a “buy” rating on the stock in a report on Thursday, August 18th.

Otonomo Technologies Trading Down 3.4 %

Shares of NASDAQ OTMO opened at $0.35 on Friday. The business’s 50 day moving average price is $0.31 and its 200-day moving average price is $0.74. Otonomo Technologies has a fifty-two week low of $0.20 and a fifty-two week high of $4.70.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. American International Group Inc. purchased a new position in Otonomo Technologies during the 2nd quarter worth $1,243,000. Renaissance Technologies LLC purchased a new position in Otonomo Technologies during the 1st quarter worth $674,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD purchased a new position in Otonomo Technologies during the 3rd quarter worth $185,000. Game Plan Financial Advisors LLC purchased a new position in Otonomo Technologies during the 3rd quarter worth $52,000. Finally, Harel Insurance Investments & Financial Services Ltd. increased its holdings in Otonomo Technologies by 3.4% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,192,416 shares of the company’s stock worth $618,000 after purchasing an additional 71,975 shares during the period. 44.36% of the stock is currently owned by hedge funds and other institutional investors.

Otonomo Technologies Company Profile

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Otonomo Technologies Ltd. provides an automotive data service platform and marketplace that enables car manufacturers, drivers, and service providers to be part of a connected ecosystem. The company offers cabin data, including the state of doors and windows, ADAS, and infotainment data; engine-related information, such as fuel, oil, error codes or battery voltage, and state of charge; maintenance data comprising time or distance traveled and diagnostic trouble codes; data related to the specific vehicles, which include making, model, year, and fuel type; driving data consisting of location, distance travelled, odometer, and heading and speed; and environmental data that include external weather and temperature, and road hazards and road signs.

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Earnings History and Estimates for Otonomo Technologies (NASDAQ:OTMO)

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