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

(Get Rating)

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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