Feed / CRTO

Criteo S.A.

CRTO

Communication Services · 17.44 +0.6% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Criteo S.A.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 12 directly disclosed connections are confirming.

Company+0.6% todayVolume comparison unavailable
Market group0 of 2 activeExosome Therapeutics & Commerce · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • CRTO's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if CRTO's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Communication Services · Advertising Agencies

No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 12 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • CRTO's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements15
Verified relationships12
Evidence supporting the case
  • Operating margin changed +2.6 percentage points in the latest annual period.
  • Net margin changed +1.7 percentage points in the latest annual period.
Evidence challenging the case

No qualifying adverse evidence was identified; that is not proof there is no downside.

Questions before a position
  • P/E is 85% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 88% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

17.44
6m-4.6%12m-29.3%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$2.3B+8.8%$2.09+3.9%
2022-12-31$2.0B-10.5%$0.14-2.3%
2023-12-31$1.9B-3.3%$0.88-4.0%
2024-12-31$1.9B-0.8%$1.90-2.7%
2025-12-31$1.9B+0.6%$2.64-6.5%

What management says matters

Persistent and emerging business drivers

Foreign exchangemixed · 1 filings
The $( 2.5 ) million financial and other expense for the period ended December 31, 2023 was mainly driven by proceeds from disposal of non consolidated investments fully offset by the recognition of a negative impact of foreign exchange, including end of year…
10-K · Feb 26, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.5× · EV/sales 0.3×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

17.44+0.6% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for CRTO. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for CRTO. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind CRTO

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

DVDoubleVerify Holdings, Inc.supplierFeb 26, 2026

Criteo's AI powered contextual analysis engine is also integrated with DoubleVerify IQ Advanced Solutions, a solution providing page-level pre-bid classification to clients across 26 standard brand safety categories.

MSFTMicrosoft CorporationpartnerFeb 26, 2026

Partnerships with Google, Microsoft and Mirakl extend our reach to new advertisers and budget pools, while our API partner program enables agencies and brands to access Criteo’s technology directly within the buying platforms they already use.

Depended on by

DVDoubleVerify Holdings, Inc.distributorFeb 26, 2026

Select integration and channel partners include: ● Demand-Side Platforms : Amazon, Google, The Trade Desk, Yahoo, Nexxen, Infillion, Adobe, StackAdapt ● Ad Platforms and Exchanges : Line Yahoo, Magnite, Teads, Epsilon, Nexxen, Taboola, Criteo ● Ad Servers and…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 14 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

CRTO is currently a Early Follower in the organic co-movement group Exosome Therapeutics & Commerce. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for CRTO; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.