Stagwell raises full-year 2026 adjusted EPS guidance to $1.03-$1.17
Company reiterates 2026 net revenue growth forecast of 8%-12%
Stagwell maintains 2026 adjusted EBITDA forecast of $475 mln-$525 mln
Overview
US marketing services firm's Q2 revenue rose 11% yr/yr, beating analyst expectations
Q2 adjusted EPS grew 39% to $0.25, beating analyst expectations
Company raised full-year 2026 adjusted EPS guidance
Result drivers
Digital transformation - Digital Transformation segment organic net revenue grew 18% yr/yr, driving overall growth
New business wins - Record net new business of $171 mln in Q2 contributed to revenue growth
Cost management - Company said proactive cost controls supported 15% yr/yr growth in adjusted EBITDA
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"