CDLX Stock Summary and Trading Ideas (Cardlytics | NASDAQ:CDLX)

Cardlytics Inc operates an advertising platform within financial institutions' digital channels, which include online, mobile, email, and various real-time notifications. The company operates through segments namely, Cardlytics platform in the U.S. and U.K., and the Bridg platform. The Cardlytics platform segment which generates key revenue, operates a proprietary native bank advertising channel that enables marketers to reach consumers through their trusted and frequently visited online and mobile banking channels. The Bridg platform generates revenue through the sale of subscriptions to the cloud-based customer-data platform and the delivery of professional services like implementation, onboarding, and technical support. The company receives maximum revenue from the United States.

Cardlytics trades on the NASDAQ stock market under the symbol CDLX.

As of January 7, 2025, CDLX stock price declined to $3.44 with 835,189 million shares trading.

CDLX has a beta of 1.98, meaning it tends to be more sensitive to market movements. CDLX has a correlation of 0.04 to the broad based SPY ETF.

CDLX has a market cap of $174.83 million. This is considered a Micro Cap stock.

Last quarter Cardlytics reported $67 million in Revenue and -$.15 earnings per share. This beat revenue expectation by $9 million and exceeded earnings estimates by $.09.

In the last 3 years, CDLX traded as high as $73.41 and as low as $2.57.

The top ETF exchange traded funds that CDLX belongs to (by Net Assets): VTI, IWM, VXF, IWO, SCHA.

CDLX has underperformed the market in the last year with a price return of -51.1% while the SPY ETF gained +27.3%. However, in the short term, CDLX had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.6% vs +3.1% return in SPY. But in the last 2 weeks, CDLX shares have been beat by the market, returning -10.9% compared to an SPY return of -1.0%.

CDLX support price is $3.28 and resistance is $3.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CDLX shares will trade within this expected range on the day.